If you are planning to invest in Easy Trip Planners IPO, you must be looking for its price as well. Here is complete information about Easy Trip Planners IPO Price.
As you all know, IPO Price is the official value decided by the investment bank during the process of IPO. It involves two main prices; Issue price, and Listing price.
Before digging deep into the Easy Trip Planners IPO Price details, let’s first learn about the company.
Easy Trip Planners offers a range of online traveling services through its website and Ease My Trip android and iOS mobile app.
Besides, it has served customers with more than 400domestic & internationalairlines and 10,96,400 hotels.
Now with an objective to grow its business, it is going to launch its IPO worth ₹510 Cr on 8th March 2021.
IPO issue price is the price at which a company offers its sharesto the investors for the first time in the share market whereas, the listing price is the value at which sharesget listed in the stock exchange.
Let us start with the Easy Trip Planners Issue Price!!
Easy Trip Planners is going to launch its IPO of 1,03,72,419 Equity shares aggregating up to ₹510 Cr with the issue price of 51,86,209 Equity shares of approximately ₹255 Cr.
And, 51,86,209 Equity shares for an offer for sale of ₹255 Cr.
If the investors will invest in this IPO, it could bring a lot of opportunities for them.
Easy Trip Planners IPO Price Band
After the Issue price of Easy Trip Planners, let us know at which price range this company making its per share available for subscription to the investors.
Easy Trip Planners IPO Price Band is ₹186-₹187 per share.
And, the minimum number of shares available in one lot is 80. Besides, the maximum number of shares is 1040.
So here you would be able to make a minimum investment of ₹14,960, and a maximum investment of up to ₹1,94,480 approx.
Below is a table showing Easy Trip Planners IPO Price:
Easy Trip Planners IPO Price
Issue Price
1,03,72,419 Equity shares of ₹2 (aggregating up to ₹510 Cr)
Fresh Issue Price
Approximately 51,86,209 Equity shares of ₹2 (aggregating up to ₹255 Cr)
Offer for Sale
Approximately 51,86,209 Equity shares of ₹2 (aggregating up to ₹255 Cr)
Price Band
₹186-₹187
Listing Price
NSE : ₹212.25
BSE : ₹206
Easy Trip Planners IPO Listing Price
A listing price is a price at which shares get listed in the stock exchange.
However, the Easy Trip Planners IPO Listing price on NSE is ₹212.25 whereas, on BSE is ₹206.
Next in the line comes the Easy Trip Planners GMP, GMPis a premium amount at which IPO shares are bought and sold in the Grey Market. These shares are not listed on the stock exchange.
Easy Trip Planners GMP is ₹170.
Conclusion
For investing in Easy Trip Planners IPO, keep yourself updated with Easy Trip Planners IPO Price. Besides, the listing price will be declared on 19 March 2021, which we will update soon here in this article.
Besides, also consider doing an in-depth analysis of its assets, revenue, profit before tax, and expenses before taking any final decision.
Planning investment in the Easy Trip Planners IPO, apply now by opening a demat account for free.