Easy Trip Planners IPO share allotment today: Here s how to check status
Easy Trip Planners IPO: Grey market premium for the share was trading at Rs 347 per share, implying a premium of Rs 160 or 85.56%
BusinessToday.In | March 16, 2021 | Updated 14:29 IST
Easy Trip Planners IPO was subscribed 160 times with non-institutional investors subscribing to their reserved portion 384 times. The IPO closed on March 10.
The allotment for initial public offer (IPO) of Easy Trip Planners will be finalised on Tuesday, March 16, 2021. The share sale of online travel agency Easy Trip Planners was launched on March 8 this year. Price band of the IPO was fixed at Rs 186-187 per share. Grey market premium for the IPO was trading at Rs 347 per share, implying a premium of Rs 160 or 85.56%.
Easy Trip Planners Prospectus: Most revenue comes from air ticketing
March 16, 2021
EasyTrip Planners Ltd. listed publicly last week with an offer of ₹510 crore, with the issue being entirely an offer for sale. Founders Nishant and Rikant Pitti, who hold more than 49% stake each, will sell shares to the tune of ₹255 crore each. The IPO of the company, which operates EaseMyTrip.com, was subscribed 160 times on the final day. The company said the objective of the IPO is to enhance visibility, brand, and provide liquidity to existing shareholders. The offer stood at 2.7 crore equity shares at a price band of ₹186 to ₹187.
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Easy Trip Planners IPO subscription begins: Check price band, listing date and more
Online travel company Easy Trip Planners has fixed a price band of Rs 186-187 per share for its Rs 510-crore initial share-sale, which will open for public subscription on March 8. The three-day issue would close on March 10 and the anchor investors portion would be open for subscription on March 5.
EaseMyTrip. com is operated by Easy Trip Planners Private Ltd. The company s initial public offering is entirely an offer for sale.
Through the IPO, company s founders Nishant Pitti and Rikant Pitti will each sell shares to the tune of Rs 255 crore through offer-for-sale mechanism. Nishant Pitti and Rikant Pitti hold 49.81 per cent and 49.68 per cent stake, respectively, in the company.
Easy Trip Planners IPO opens for subscription: Check issue price, GMP, other details; should you subscribe?
Easy Trip Planners IPO is entirely an offer for sale (OFS) by two promoters, Nishant Pitti and Rikant Pittie, who will sell up to Rs 255 crore worth of shares each
BusinessToday.In | March 8, 2021 | Updated 12:23 IST
Easy Trip Planners opens for subscription today
The Rs 510-crore initial public offer (IPO) of Easy Trip Planners opened for bidding today. The three-day IPO, which will close on March 10, is entirely an offer for sale (OFS) by two promoters, Nishant Pitti and Rikant Pittie, who will sell up to Rs 255 crore worth of shares each. While Nishant holds 49.81 per cent stake in the company, Rikant owns 49.68 per cent in the company.
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