September 20, 2024

Report Wire

News at Another Perspective

Easy Trip Planners will get listed at over 10% premium on the inventory exchanges

2 min read

Shares of Easy Trip Planners obtained listed at a premium of over 10 per cent on the inventory exchanges at this time.
The scrip obtained listed at Rs 212.25 apiece on the National Stock Exchange (NSE), thereby registering an increase of 13.5 per cent from its supply worth of Rs 187. On the BSE, it opened at Rs 206.00, up 10.16 per cent from the difficulty worth. The inventory initially misplaced a little bit of momentum and slipped inside minutes of its debut close to its concern worth however bounced again later.
So far within the day, the inventory has hit a low of Rs 187.00 and a excessive of Rs 233.15 on the BSE and on NSE it has touched a low of Rs 187.20 and a excessive of Rs 234.00.

Over 2.75 crore shares of Easy Trip Planners had been traded on the NSE in the course of the first hour of commerce, whereas over 31.15 lakh shares exchanged palms on the BSE, information from the respective inventory exchanges confirmed.
The Rs 510 crore IPO of Easy Trip Planners met a sturdy demand throughout its supply interval from March 8-10. The concern was oversubscribed inside a couple of hours on the primary day of opening and was ultimately subscribed a whopping 159.33 occasions on the ultimate day.

The certified institutional patrons (QIBs) class was subscribed 77.53 occasions, non institutional traders a staggering 382.21 occasions and retail particular person traders (RIIs) 70.40 occasions.
The Delhi-based firm operates the web journey platform EaseMyTrip.com which permits its prospects to ebook flights, trains, buses and extra. It provides its providers by way of its web site and EaseMyTrip cell app on Android and iOS platforms.