Trainline is looking to raise £75 million in a share listing on the main market of the London Stock Exchange.

The online rail ticket platform said it would be listing 25% of its shares, with the IPO set to take place in June.

Trainline, which is owned by private equity group KKR, said that it would be using the funds to boost its profile.

The company is reportedly aiming for a valuation of £1.5 billion.

Trainline is headquartered in London however it also has main offices in Paris and Edinburgh.

The firm employs 600 staff in more than 40 countries.

It was founded back in 1999 and was formerly part of the Virgin Group. KKR bought the firm back in January of 2015.

Later that year it renamed from thetrainline.com to simply trainline.

Elsewhere in the markets, easyHotel shares (LON:EZH) rose on the back of the company’s interim results.

Meanwhile in the construction sector, Telford Homes (LON:TEF) reported a fall in profits as the slowdown in the London property market weighed.