On-line journey company Simple Journey Planners Ltd is opening its Rs 510 crore preliminary public providing (IPO) on March Eight and can shut on March 10. This can mark the tenth public providing of the yr. From the start of this yr a number of corporations have listed themselves on the BSE and NSE together with Indian Railway Finance Company, Indigo Paints, Residence First Finance Firm, Range Kraft, Brookfield India REIT, Nureca, RailTel Company of India, Heranba Industries and MTAR Applied sciences which has been opened its IPO on Wednesday, March 3.
Buyers keen to subscribe for the Simple Journey Planners IPO can undergo the small print offered beneath.
Public Challenge: The general public providing contains a suggestion on the market of Rs 255 crore every by promoters Nishant Pitti holding 49.81 p.c stake and Rikant Pitti holding 49.68 p.c stake within the firm.
Worth Band: The value band mounted for the general public providing is Rs 186 – Rs 187 per share and the minimal order amount is 80 Shares.
Goal: The principle goal of the IPO is to make use of the proceeds to attain share itemizing advantages and to promote fairness shares aggregating as much as Rs 510 crore.
Registrar of the IPO: KFintech Personal Restricted is the registrar of Simple Journey Planners Ltd IPO.
Lead Managers: Axis Capital Restricted and JM Monetary Consultants Personal Restricted are the lead managers of the IPO.
The right way to apply: Buyers who’re taken with EaseMyTrip IPO can apply on-line utilizing both UPI (provided by brokers who don’t supply banking companies) or ASBA (obtainable within the web banking of your checking account) as a cost technique.
Concerning the firm: Simple Journey Planners or EaseMyTrip was integrated in 2008 and provides a complete vary of travel-related services together with airline tickets, inns and vacation packages, rail tickets, bus tickets and taxis, journey insurance coverage, visa processing, and so forth.