EasemyTrip IPO : Update

EaseMyTrip is coming with an IPO. Easy Trip Planners Ltd is an online travel agency that offers a range of travel products and services and end-to-end travel solutions including airline tickets, rail tickets, bus tickets, taxis, holiday packages, hotels, and other value-added services i.e. travel insurance, visa processing, etc. The company offers these services through its website and Ease My Trip android and iOS mobile app. 

Grey market premium of the New Delhi-based company has surged to Rs 166-170 in the unofficial market, translating into as much as 90 percent premium over the IPO price. The company operates the travel and tourism website EaseMyTrip9(dot)com

Investors can bid for a minimum of 80 equity shares and in multiples thereafter. The three-day bidding process will close on March 10. Recommended subscribing to the IPO with a medium to long term perspective.

The anchor investors portion will be opened for subscription on March 5

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