EaseMyTrip IPO GMP TODAY (LIVE DATA) Latest Grey Market Premium Updates

EaseMyTrip IPO GMP Today, Easy Trip Planners IPO Grey Market Premium Updates | EaseMyTrip IPO Listing Gain, Latest target, Opening gain

EaseMyTrip IPO initial public offer is set to open for subscription on March 8 and close on March 10, after it received capital market regulator Sebi’s go-ahead to raise Rs 510 crore through public issue.

Easy Trip Planners is the company behind online travel booking portal EaseMyTrip.com.

Easy Trip Planners Ltd is the second largest online travel agency in India in terms of gross revenue. The online travel agency offers a range of travel products and services and end-to-end travel solutions including airline tickets, rail tickets, bus tickets, taxis, holiday packages, hotels, and other value-added services i.e. travel insurance, visa processing, etc.

The company is among the leading online travel agencies in India in terms of gross booking revenues and had market share of approximately 3.8%, and 4.5% to 5% in terms of gross booking revenues and gross booking revenues for airline ticketing segment in India during FY2019. The company focuses on the B2B2C (business to business to customer), B2C (business to customer), and B2E (business to enterprise) distribution channels.

Check out EaseMyTrip IPO grey market premium, Kostak rates, and subject to sauda rates as of today.

EaseMyTrip IPO Details:

Issuer Easy Trip Planners Limited
Issue Type Book Built Issue IPO
Issue Period Issue Opens: March 8, 2021
Issue Closes: March 10, 2021
Price Brand ₹186 to ₹187 Per Share
Issue Size ₹510 Crores
Face Value Rs. 2 per Equity Share
Market Lot 80 Shares
Maximum Bid amount for Retail Rs. 2 Lakhs
QIB 50% of the issue size
NIB 40% of the issue size
Retail Individual Bidders 10% of the issue size
Offer for Sale ₹  Cr
Fresh Issue ₹  Cr
Listing at NSE & BSE
Apply With Upstox Free DEMAT Account
Equity 10,372,419 Shares
Grey Market Price EaseMytrip IPO GMP Today

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EaseMyTrip IPO GMP Rates day by day

EaseMyTrip Grey market premium as on today

Date GMP (in INR) Kostak (in INR) Subject to Sauda
19 MAR 2021      
18 MAR 2021 150   7000
17 MAR 2021 180   7000
16 MAR 2021 170   8000
15 MAR 2021 155   8000
14 MAR 2021 155   5000
13 MAR 2021 145   4500
12 MAR 2021 130   8000
11 MAR 2021 135   7000
10 MAR 2021 140   5000
09 MAR 2021 145   4500
08 MAR 2021 160   5000
07 MAR 2021 160   5000
06 MAR 2021 135   5000
05 MAR 2021 150   5000
04 MAR 2021 125   5000
03 MAR 2021 155 ₹N/A ₹N/A
02 MAR 2021 90 ₹N/A ₹N/A
01 MAR 2021 ₹N/A ₹N/A ₹N/A

EaseMyTrip IPO Market Lot:

 Lot Size:  Minimum 80 Shares & Maximum 1040 Shares
 Minimum Amount:  ₹14,960
 Maximum Amount: ₹194,480

EaseMyTrip IPO Allotment & Listing:

 Basis of Allotment: March 16, 2021
 Refunds: March 17, 2021
 Credit to Demat Account: March 18, 2021
 Listing Date: March 19, 2021

Check:- EaseMyTrip IPO Allotment Status

Disclaimer:

– IPO Grey Market Premium (IPO GMP) mention is valid for the specific date as mentioned in the header.
– We are not buying and selling IPO forms on IPO Grey Market.
– Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue.
– Do not subscribe for IPO by just seeing premium Price as it may change anytime before listing. Subscribe only considering Fundamental of the companies

IPO GMP rates are provided as sourced from market intelligence. Please note these IPO GMP rates may be different depending on geographies and markets.

We don’t trade into grey market nor do we facilitate buying or selling of IPO forms.

What is Grey Market?

Grey Market is the term used to describe unregulated over-the-counter market for trading IPO applications and IPO shares before the stock is listed at a stock market. This is a way for dealers to support their customers who may want to exit before listing.

This is also a way to boost the listing price and support the issue before listing happens. There are two kinds of transactions that happen in thee IPO grey market:

  • Trade of IPO shares at a grey market premium
  • Trade of IPO application at a kostak.

What is Grey Market Premium?

GMP or Grey Market Premium is the premium at which equity shares from the IPO are being traded in the grey market.

This could either be a positive or negative – meaning the trading price in the grey market is either higher or lower than issue price respectively, based on demand and supply for the shares.

Typically, investors who do not want to take the risk of allocation not happening through IPO will buy shares in the gray market and hope to flip the shares on listing to make a good profit.

What is Kostak?

Kostak is the premium at which IPO application is being traded in the grey market. Applications are typically traded after the application window is closed but the allotment has not yet been finished.

It is rare for someone to trade IPO application post-allocation. This is a way for investors to increase their chance of shares being allotted as the allocation process treats each retail application equally. An example (indicative) for kostak is:

– IGL Limited
– Issue Price: Rs 480 Per Equity Share (at upper band)
– Lot Size: 14
– Grey Market Premium: Rs 350 to Rs 360
– Kostak (Rs 100000): Rs 2500 to Rs 2600

As can be seen the Kostak is at a much lower %age than GMP. This indicates that the grey market expects the issue to be oversubscribed and expects on an average only one lot to be allocated per application.

Kostak rate is the amount an investor gets by selling his/her IPO application in grey market. This is the amount an investor stands to gain, irrespective of allotment status.

Subject to Sauda simply reflects the amount which an investor stands to get by selling his/her application for firm allotment. The key operative word here is firm allotment. In case of no allotment to the applicant, the sauda stands cancelled.

In case of ‘Subject to Sauda’ deal, while selling IPO application in the grey market, buyer and seller agree that deal is only valid if the seller will get the allotment. If the seller doesn’t get any shares in IPO process, the deal gets avoid.

EaseMyTrip IPO GMP FAQs

What is the Grey Market Premium of EaseMyTrip IPO?

The Grey Market Premium of EaseMyTrip IPO is approx. 155 at the moment. (update on a daily basis)

What is the Subject to Sauda price for EaseMyTrip IPO?

The Subject to Sauda price for EaseMyTrip IPO is approx. ₹N/A (update on a daily basis)

How much will be listing gain in EaseMyTrip IPO?

EaseMyTrip IPO listing gain will be approx. ₹12000 (update on a daily basis)

What is kostak price of EaseMyTrip IPO?

The Kostak price of EaseMyTrip IPO is approx. ₹N/A (update on a daily basis)

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