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EaseMyTrip shares debut at 13.5% premium post completion of IPO
short by Maanya Sachdeva / on Saturday, 20 March, 2021
The shares of EaseMyTrip's parent company debuted on the stock market at ₹212.25 or 13.5% higher than the IPO issue price of ₹186-187 on Friday. Soon after, the price dropped to ₹204 per share. EaseMyTrip is India's second-largest travel aggregator with revenues rising by 19% year-on-year since 2018. The IPO of the company was oversubscribed nearly 160 times.
read more at Business Insider