The issue received bids for 10.85 crore shares as against 1.50 crore shares on offer.
The initial public offer (IPO) of Easy Trip Planners received bids for 10.85 crore shares as against 1.50 crore shares on offer, according to the stock exchange data at 17:00 IST on Tuesday (9 March 2021). The issue was subscribed 7.20 times.
The issue opened for bidding on Monday, 8 March 2021, and it will close on Wednesday, 10 March 2021. The price band for the IPO is set at Rs 186-187 per share. An investor can bid for a minimum lot of 80 equity shares and in multiples thereof.
The IPO comprises an offer for sale (OFS) of equity shares aggregating up to Rs 510 crore (including anchor portion of 1,22,72,727 equity shares). The post issue promoters shareholding in the company would decline to 74.9% from 100%.
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Travellers must leave nothing to chance 08 March 2021 - 10:25 Simmy Micheli, a sales and marketing manager at Travel Insurance Consultants shares some insights on what travel insurance is, how it benefits the traveler and what one should do if they find themselves in the position of having purchased a travel package with a company that has since stopped operating.
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Read more about Easy Trip Planners IPO subscribed 2.33 times on Business Standard. The issue received bids for 3.51 crore shares as against 1.50 crore shares on offer.
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