Easy Trip IPO opens today: All you must know before hitting subscribe

Easy Trip has no listed peers in the domestic market, having a similar operating model although it faces competition from private players like Cleartrip, MakeMyTrip and Yatra Online

The three-day initial public offer (IPO) by Easy Trip Planners (ETP), an online travel agency, is slated to open on March 8. The issue has been priced in the band of Rs 186-187 per share and is entirely an offer for sale (OFS). At the upper price band, the total issue size stands at Rs 510 crore.

The company will not receive any proceeds from this offer as the prime purpose of the issue is to enhance visibility, brand, provide liquidity to existing shareholders and achieve benefits of listing shares on exchanges.

Easy Trip has no listed peers in the