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Easy Trip Planners IPO ends with robust subscription

The issue received bids for 240.27 crore shares as against 1.50 crore shares on offer.The initial public offer (IPO) of Easy Trip Planners received bids for 240.27 crore shares as against 1.50 crore shares on offer, according to the stock exchange data. The issue was subscribed 159.33 times. The non-institutional investors category was subscribed 382.21 times. The qualified institutional buyers (QIBs) category was subscribed 77.53 times. The retail individual investors category was subscribed 70.40 times. The issue opened for bidding on Monday, 8 March 2021, and closed on Wednesday, 10 March 2021. The price band for the IPO was set at Rs 186-187 per share. The IPO comprised an offer for sale (OFS) of equity shares aggregating up to Rs 510 crore (including anchor portion of 1,22,72,727 equity shares). The post-issue promoter s shareholding in the company will decline to 74.9% from 100%.

Easy Trip Planners IPO subscribed 7 20 times

The issue received bids for 10.85 crore shares as against 1.50 crore shares on offer. The initial public offer (IPO) of Easy Trip Planners received bids for 10.85 crore shares as against 1.50 crore shares on offer, according to the stock exchange data at 17:00 IST on Tuesday (9 March 2021). The issue was subscribed 7.20 times. The issue opened for bidding on Monday, 8 March 2021, and it will close on Wednesday, 10 March 2021. The price band for the IPO is set at Rs 186-187 per share. An investor can bid for a minimum lot of 80 equity shares and in multiples thereof. The IPO comprises an offer for sale (OFS) of equity shares aggregating up to Rs 510 crore (including anchor portion of 1,22,72,727 equity shares). The post issue promoters shareholding in the company would decline to 74.9% from 100%.

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