Page 7 - Easy Trip News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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 commitment to our shareholders to share the rewards of the success of the company. We believe that we...

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 have scoffed it off. But the unbelievable has happened and it has triggered euphoric optimism. Betw...

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 2,030 crore. Easy Trip offers services such as airline tickets, hotel bookings and holiday packages.