Easy Trip affords on-line touring companies via its web site, and Android and IOS cell apps
Easy Trip Planners’ preliminary public provide (IPO) will probably be open for bidding for 3 days, from March 8 to March 10. The on-line journey firm has fastened the value band of its share providing at Rs 186-187 per share. The shares are prone to be listed on each BSE and NSE, on March 19, 2021.
Easy Trip Planners IPO is a proposal on the market by founder promoters, Nishant Pitti and Rikant Pittie. Nishant holds 49.81 per cent stake within the firm and Rikant, 49.68 per cent. The firm is seeking to garner Rs 510 crore on the larger finish of the value band.
Investors can bid for a minimal one lot of 80 fairness shares and in multiples thereafter, as much as 13 heaps. The anchor traders phase will probably be open for subscription on March 5.
A complete of as much as 75 per cent of the difficulty is reserved for certified institutional consumers (QIB), 15 per cent for non-institutional traders (NII) and 10 per cent is put aside for retail traders.
Incorporated in 2008, Easy Trip Planners is the second largest on-line journey company in India by way of gross income. Easy Trip affords a spread of on-line touring companies via its web site, in addition to Android and IOS cell app.
Easy Trip Planners does not have any listed friends in India. Its rivals, MakeMyTrip and Yatra, are each listed on the Nasdaq.
Axis Capital and JM Financial Consultants are the lead managers of the first market sale, whereas KFin Technologies is the registrar to the difficulty.
