Page 5 - Easy Trip News Today

Track record of poor corporate governance makes this offer an ‘Easy’ avoid

NEW DELHI: The initial public offer (IPO) of Easy Trip Planners will open for subscription on Monday, in which the companys promoters seek to raise Rs 510 crore from the primary market. The issue mostly comprises a share sale by promoters, and the company will not get any amount from the IPO. In the grey market, shares of the company were trading at a premium as high as 90 per cent, suggesting investors are bullish on its prospect in the secondary market . Here are key things to know about the ...

Updated Mar 03, 2021 | 13:36 IST The IPO market is burgeoning with offers owing to cheap liquidity, right market conditions. Most public offers issued in the first two months of 2021 got oversubscribed multiple times and gave listing gains Its raining IPOs: 10 public issues likely to hit market in March&nbsp | &nbspPhoto Credit:&nbspThinkstock Riding on wave of bull market at least 1o companies have lined up their initial public offers (IPOs) in the month of March.  Amo...

NEW DELHI: The grey market premium (GMP) of MTAR Technologies, whose initial public offer (IPO) got fully subscribed on Wednesday itself, saw a rise, thanks to strong secondary market trend. Heranba Industries, whose share allotment was finalised on Tuesday, is also commanding a strong premium in the grey market. Analysts who track grey market trends said that Easy Trip, which announced its Rs 510 crore IPO today, is also picking up the momentum in the grey market. This IPO would hit the prima...