NEW DELHI: Online travel company Easy Trip Planners on Wednesday 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 company s IPO is entirely an offer for sale, Easy Trip Planners said in a virtual press conference.
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.
EaseMyTrip.com is operated by Easy Trip Planners Private Ltd.