EaseMyTrip IPO: Public issue opening on Monday! Listing gain, important dates, price band to other details; all that you must know before bid

EaseMyTrip IPO: The EaseMyTrip IPO (Initial Public Offer) is getting open for subscription from Monday i.e. 8th March 2021. IPO enthusiasts can bid for the upcoming IPO from 8th to 10th March 2021. The issue comprises of an initial public offering of its equity shares aggregating up to Rs 510 crore comprising an offer for sale (OFS) of aggregating up to Rs 255 crore by Nishant Pitti and up to Rs 255 crore by Rikant Pitti (together with Nishant Pitti, the “Promoter Selling Shareholders”). EaseMyTrip IPO price band has been fixed at Rs 186 to Rs 187 per Equity Share and EaseMyTrip IPO lot size is of 80 EaseMYTrip shares. Means, one will have to bid for at least 80 EaseMyTrip shares.

EaseMyrip IPO dates to remember

EaseMyrip IPO will become open for subscription on 8th March 2021 and close on 10th March 2021. EaseMyrip IPO allotment will take place on 16th March, refund to those who failed to make a cut into the list of lucky bidders will begin on 17th March 2021 while credit of EaseMyTrip shares into the Demat Account of the lucky bidders will take place on 18th March 2021.

EaseMyTrip IPO listing date is 19th March 2021.

EaseMyTrip IPO Review

Speaking on the expected listing gains in EaseMyTrip IPO Avinash Gorakshkar, Head of Research at Profitmart securities said, "EaseMyTrip IPO can be a good buy for IPO enthusiasts as the upcoming IPO is from the digital marketing domain that has huge potential in the long-term time horizon. But, due to he COVID-19 pandemic, the tourism industry is under heat and the company caters to the tourism industry, it may not be able to give whopping returns but one can expect 10-15 per cent listing gains from the EaseMyTrip IPO IPO.

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Sumeet Bagadia of Choice Broking also said that EaseMyrip IPO is a good IPO but much will depend on the mood of the market on the EaseMyTrip IPO listing date.

Axis Capital Limited and JM Financial Limited are the Book Running Lead Managers to the EaseMyTrip IPO while the upcoming IPO will be listed at both NSE and BSE.