The listing was muted compared to the oversubscription seen during the IPO
The issue price is Rs 187
Mood on D Street changed after Moody's Analytics said India's economy is likely to grow by 12 per cent in CY2021 following a 7.1 per cent contraction last year
The weekly chart of Thomas Cook shows a consolidation breakout above Rs 40, indicating a positive outlook from a medium-term scale
The stock, which got listed at Rs 212 on the National Stock Exchange, hit the level of issue price (Rs 187) on the NSE in the intra-day trade
Shares of Reliance Industries and Future Group companies could react after the Delhi High Court upheld the Emergency Award that Amazon had won against Future Retail-RIL deal
Started in 2008 by brothers Nishant, Rikant, and Prashant Pitti, it will become the first online travel aggregator to be listed on Indian bourses
Unprecedented rush due to excess liquidity; all IPOs getting oversubscribed multiple times over, say experts
The size of the initial share sale is Rs 510 crore
Shares of Easy Trip Planners are in huge demand in the grey market, with operators willing to pay a premium of over 70 per cent.
Easy Trip Planners of easemytrip.com fame to launch Rs 510-crore IPO on Monday
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
On Friday, the company allotted shares worth Rs 229 cr, or 45% of the total issue size to anchor investors
Asks intermediaries to stagger the offerings as much as possible
Easy Trip has set a price band of Rs 186-187 per share
Easy Trip is the only profitable company among the key online travel players