EaseMyTrip
has filed draft red herring prospectus (DRHP) with the market regulator
Securities and Exchange Board of India (SEBI) to raise an estimated Rs
510 crore through an Initial Public Offering (IPO).
The
object of the public issue is to achieve the benefits of listing the
equity shares on stock exchanges. The book running lead managers to the
issue are Axis Capital and JM Financial.
Founded
in 2008, EaseMyTrip is an online travel agency market with offices
across various Indian cities, including Noida, Bengaluru, Mumbai and
Hyderabad. Its international offices (as subsidiary companies) are
located in Singapore, the UAE and the UK. EaseMyTrip.com is operated by
Easy Trip Planners.
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