Page 4 - Easy Trip News Today

Recent D-Street debutant Easy Trip Planners announces dividend of Rs 2 per share SECTIONS Share Synopsis After debuting on bourses in March with a listing gain of 13.5 per cent, the share price has fallen with a surge in Covid cases. Getty Images Related Easy Trip Planners announced an interim dividend of 100 per cent or Rs 2 per share for fiscal 2020-21. This is the first dividend announced by the company since its listing in March 2021. “The 100 per cent interim dividend demonstrates our c...

Why investors should be cautious of India’s IPO boom Stretched valuations of companies have caused some worry. Mar 11, 2021 · 07:30 pm Most of the companies that have gone public since last year have not only seen stellar listing gains but have also continued to soar to new highs over the following days. | Danish Siddiqui/Reuters A year ago, if someone had predicted that Indian stock markets were heading towards their lifetime highs, most economists and brokers would...

The IPO received 35.11 million bids against the issue size of 15 million shares, according to stock exchange data.

Most of the companies that have gone public since last year have not only seen stellar listing gains but have also continued to soar to new highs over the following days.

The IPO of Easy Trip Planners, company that operates online travel portal easemytrip.com, on Tuesday got subscribed over 7 times a day before its close. Bulk of the bids so far have come from retail investors. The retail quota for the IPO is only 10 per cent as against 35 per cent for most of the other IPOs. Easy Trip has set a price band of Rs 186-187 per share. The IPO is entirely an offer for sale by promoters. At the upper end of the price band, the company will have a market cap of Rs 2...

Story Share Market Highlights: Sensex ends 35 pts higher, Nifty below 15k; L&T, ONGC, HCL Tech, NTPC top gainers Stock Market Updates Today: Larsen & Toubro, ONGC, HCL Technologies, NTPC and Axis Bank were among top gainers, while Bajaj Finance, IndusInd Bank, UltraTech Cement and HDFC were among top losers BusinessToday.In | March 8, 2021 | Updated 17:34 IST Share Market News: Larsen & Toubro, ONGC, HCL Technologies, NTPC and Axis Bank were top gainers Indian benchmark indices ended marginal...

NEW DELHI: Easy Trip Planners Rs 510 crore IPO kicked off on Monday. The issue is entirely an offer for sale (OFS) by two promoters, who are offering Rs 255 crore worth of shares each, in the price band of Rs 186-187. The IPO is valued at 58.7 times the companys FY20 earnings, and 49 times FY21 earnings on an annualised basis. Analysts said that competition in the industry is fierce, and that they believe it would take the travel industry some time to recover from the Covid-19 blues. The liquid...

» Here is why analysts maintain a bullish mood for the ₹510 crore IPO of bootstrapped online travel aggregator EaseMyTrip Here is why analysts maintain a bullish mood for the ₹510 crore IPO of bootstrapped online travel aggregator EaseMyTrip Navdeep YadavMar 8, 2021, 11:17 IST BCCL The ₹510 crore IPO of EaseMyTrip is now open for public subscription. The best thing about the travel aggregator is the cost-conscious model that sets it aside from other travel aggregators in India. Being boo...

NEW DELHI: The initial public offer of Easy Trip Planners was oversubscribed on on Monday, the first day of bidding, led primarily by retail investors. By 5 pm, the IPO had received 3,51,05,760 bids so far on the first day, a subscription of 2.33 times compared with the issue size of 1,50,80,644 shares. The issue closes on Wednesday. The issue is entirely an offer for sale (OFS) by two promoters, who are offering Rs 255 crore worth of shares each, in the price band of Rs 186-187. The IPO is val...

Read more about Street signs: Niftys 50-DMA is the key, Quick Heal buyback, and more on Business Standard. Shares of Easy Trip Planners are in huge demand in the grey market, with operators willing to pay a premium of over 70 per cent.