EaseMyTrip looks to raise up to Rs 750cr via IPO; books Axis Capital, JM Financial as bankers

EaseMyTrip looks to raise up to Rs 750cr via IPO; books Axis Capital, JM Financial as bankers

Representative Image EaseMyTrip.com is close to becoming the first online travel aggregator to list on the domestic bourses, sources told Moneycontrol. The Delhi-headquartered firm has engaged Axis Capital and JM Financial as merchant bankers for its proposed initial public offering (IPO), sources said. "The company is likely to raise between Rs 500 crore and Rs 750 crore via the IPO, though a final call on the issue size has not been taken. The DRHP (draft red herring prospectus) will be filed in June,” a source said. EaseMyTrip was founded in May 2008 by the Pitti brothers (Nishant and Rikant […]

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