EaseMyTrip Raised ₹170 Crore at ₹187 from 11 Anchor Investors

By Jagat Joshi
March 5, 2021
4:26 pm
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By Jagat Joshi
March 5, 2021

EaseMyTip IPO allotted ₹170 crore worth of equity shares at ₹187 per equity share to 11 anchor investors at upper price band. The Easy Trip Planners IPO is opening on 8-March and closes on 10-March. The price band is fixed at ₹185-187. The marketlot is 80 shares minimum and 1040 shares maximum. The things are looking more positive for the IPO and the market will surely support the IPO in coming days. The grey market is active with some positive numbers.

List of Anchor Investors:

The Bid/Offer Closing Date is on March 10, 2021. The Price Band for the Offer is from ₹185 to ₹187 per Equity Share. The Bids can be made for a minimum lot of 80 Equity Shares and in multiples of 80 Equity Shares thereafter. The Equity Shares are proposed to be listed on BSE and NSE (the “Stock Exchanges”).

The Book Running Lead Managers of the IPO are Axis Capital Limited and JM Financial Consultants Private Limited.

Jagat Joshi

Founder of IPOWatch, brings nearly 15 years of experience in IPO analysis and market research. He provides complete coverage of upcoming IPOs, subscription trends, grey market premiums (GMP), and post-listing performance, along with easy-to-understand reviews, insights, and analysis. In his working journey, he has worked with various platforms and received expertise in stock market analysis and primary markets.

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Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.