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Updated: 15 Dec 2019, 10:51 AM IST PTI .
According to reports, the online travel website’s upcoming IPO may mobilize up to INR1,500 crore (INR15 billion).EaseMyTrip’s corporate parent Easy Trip Planners is believed to have started discussions with investment banks to launch the public offer. Easemy trip IPO. The Delhi …
Online travel company EaseMyTrip has filed draft papers with capital markets regulator SEBI to float a ₹510 crore initial public offering. Can one-off trips ...193 series of tax-free bonds issued by 14 infrastructure finance companies from FY12 to FY16 are listed and ...In Thane, Navi-Mumbai, Raigad, the circle rates have been raised between 1.42% and 3%. Thursday, September 17, 2020 EaseMyTrip files Rs 510-cr IPO papers with Sebi, promoters to sell stake The city-based company said the object of the public issue is to achieve the benefits of listing the equity shares on stock exchanges. Via the IPO, the company founders Rikant and Nishant will each sell shares to the tune of INR 255 crore via offer for sale mechanism, according to the draft papers filed with the Securities and Exchange Board of India (SEBI). EaseMyTrip also powered bookings on PayTM’s air ticket booking tool for a year, the publication mentioned.India’s top entrepreneurial platform recognises the best SMEs, MSMEs and Startups of the year. Through the IPO, company's founders Nishant Pitti and Rikant Pitti will each sell shares to the tune of EaseMyTrip.com is operated by Easy Trip Planners Private Ltd.The city-based company said the object of the public issue is to achieve the benefits of listing the equity shares on stock exchanges. The business daily citing data from the Registrar of Companies compiled by business intelligence company Veratech said EaseMyTrip reported a net profit of Rs 29.3 crore in FY19, up from Rs 6.6 crore a year earlier. New Delhi-based EaseMyTrip is reportedly looking to float its maiden public offer. Revenue grew 33% to ₹151.1 crore.
My Other Tech Channel: https://bit.ly/2QIyCK5 Namaskaar Dosto, Bull & Biz ke is Episode mein maine aapse kuch Stock News Share ki hai jaise EaseMyTrip, IPO, Jaypee, NBCC & … Log in to our website to save your bookmarks. Its international offices (as subsidiary companies) are located in Singapore, the UAE and the UK. Our Company will not directly receive any proceeds from the Offer and all proceeds from the Offer will be received by the Selling Shareholders, in proportion to the Equity Shares offered by them in the Offer for Sale. Tag: easemy trip ipo . "Our company expects that listing of the equity shares will enhance our visibility and brand and provide liquidity to its existing shareholders," it added.The company's issue is being managed by Axis Capital and JM Financial.Founded in 2008, EaseMyTrip is an online travel agency market with offices across various Indian cities, including Noida, Bengaluru, Mumbai and Hyderabad.
New Delhi based online travel company Easemytrip Save their draft paper with the Security exchange board of India (SEBI) to file an initial public offer (IPO)in upcoming months. However, little has gone towards bolstering participation of retail investors in the market. After filing prospectus, the regulator will go through the file and may ask for more disclosures, if required. Founded in 2008, EaseMyTrip is an online travel agency market with offices across various Indian cities, including Noida, Bengaluru, Mumbai and Hyderabad. It will be the first online travel agency to be listed on the Indian share market. NEW DELHI: As many as four companies, including online travel firm EaseMyTrip and realty firm Puranik Builders, have received markets regulator Sebi's go-ahead to float initial public offerings.
People want them for work-from-home or for ...The manufacture and delivery of aircraft has slowed down over the last six months because of Covid-19. Mumbai : Online travel portal EaseMyTrip is planning to launch a Rs 700 crore initial public offer (IPO) following which it will become the first online travel agency to be listed on the stock market, the Economic Times said in a report citing two persons having knowledge of the matter. Makemytrip and Yatra are listed on New York's Nasdaq while Cleartrip is planning to come up with an IPO in 2-3 years. This has pushed the company into profits at a time when of its peers are in losses, including MakeMyTrip.In FY2017/18, EaseMyTrip managed to achieve a top-line of The upcoming IPO of EaseMyTrip may act as a catalyst to revive India’s primary market which has been subdued for the last six months.
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