Saturday, 14 December 2019

EaseMyTrip files Rs 510-crore IPO papers with SEBI

Online travel company EaseMyTrip has filed draft papers with capital markets regulator Sebi to float a Rs 510 crore initial public offering. Through the IPO, company's founders Nishant Pitti and Rikant Pitti will each sell shares to the tune of Rs 255 crore through offer-for-sale mechanism, according to draft papers filed with the Securities and Exchange Board of India (Sebi). EaseMyTrip.com is operated by Easy Trip Planners Private Ltd.

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