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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%.

Nifty today: SGX Nifty up 60 points; here s what changed for market while you were sleeping

Here s breaking down the pre-market actions: STATE OF THE MARKETS Nifty futures on the Singapore Exchange traded 61.50 points, or 0.41 per cent, higher at 15,222 in signs that Dalal Street was headed for a positive start on Wednesday. Tech View: Nifty eyes swing high Nifty50 on Tuesday climbed over 1 per cent and formed a small bullish candle on the daily chart, with a long lower wick, as intraday selling triggered buying. The index has been trading roughly in the 14,900-15,100 range for the past three sessions and analysts said the way the index rallied in the last hour of Tuesday s trade suggested that it is gearing up for a breakout on the upside.

Easy Trip Planners IPO subscribed 159 30 times so far on last day

Read more about Easy Trip Planners IPO subscribed 159.30 times so far on last day on Business Standard. Easy Trip Planners initial public offer was subscribed a whopping 159.30 times so far on the last day of subscription

Easy Trip IPO: Easy Trip IPO to close today, subscribed nearly 8 times so far

Easy Trip IPO: Easy Trip IPO to close today, subscribed nearly 8 times so far
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