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Stock Market Highlights: Sensex ends 562 pts lower at 49,801, Nifty at 14,721; Reliance, SBI, ONGC top losers
Stock Market News Update Today: The BSE Sensex closed 562.34 points or 1.12 per cent lower at 49,801.62, and the NSE Nifty ended at 14,721.30, down by 189.15 points or 1.27 per cent
BusinessToday.In | March 17, 2021 | Updated 17:13 IST
Share Market Live News: Reliance Industries, State Bank of India, Asian Paints, Kotak Mahindra Bank, Bajaj Finance were top losers
Indian benchmark indices ended lower for the fourth consecutive session on Wednesday, weighed down by sharp losses in oil and gas and PSU stocks as well as weak global cues. The BSE Sensex closed 562.34 points or 1.12 per cent lower at 49,801.62, and the NSE Nifty ended at 14,721.30, down by 189.15 points or 1.27 per cent. The broader markets underperformed the BSE benchmark as midcap and smallcap indices declined 2.33 per cent and 2.16 per cent, respectively. Caution prevailed in the market ahead of US
NEW DELHI: The share allotment of Easy Trip Planners IPO will be finalised on Tuesday. The Rs 510 crore issue, which was sold between March 8 and 10, was a big hit with investors, as it mopped up bids worth 159.33 times the issue size.
Easy Trip Planners is a travel company, which was ranked second among the key online travel agencies in India in terms of booking volumes during the nine months ended December 31, 2020. The travel company was the only profitable online travel agency among the key online travel agencies in India during FY18-20 in terms of net profit margin.
The company has access to 400 international and domestic flights and around 11 lakh hotels in India and abroad. The travel agency has 96 lakh registered customers and a network of close to 60,000 travel agents.
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 IPO allotment status: Here s how to check
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Easy Trip Planners IPO allotment status: Here s how to check
TIMESOFINDIA.COM / Mar 17, 2021, 09:04 IST
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Key Highlights
Check your IPO allotment status on BSE website
Easy Trip Planners runs an online travel website EaseMyTrip.com
Link and steps to check the IPO allotment status is provided below
NEW DELHI: The initial public offering or IPO share allocation of the Easy Trip Planners Private Limited is available on the official website of the BSE. Investors who have applied for the Easy Trip Planners IPO can check the status of share allocation through the official portal of the BSE or click on the direct link provided below for reference:
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.