I want to invest in share market so as I came to know easy trip planners limited ipo has a good share value. What is the current share price of easy trip planners limited ipo? And is investing on easy trip planners limited ipo a good idea ?
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Easy Trip Planners is one of the largest online travel agency that came up with its Initial Public Offering on March 08.with an issue size of up to Rs 510 crores.
Easy Trip Planners Ltd had a steady improvement in its financials over the years. The company has quite a healthy profit margin that has grown from 19 per cent in March 2021 to 38 per cent in March. Even though it has a high working capital, its balance sheet looks to be strong with zero debt status. And according to the reports, the travelling industry is expected to have a recovery in the coming financial year after the Covid -19 pandemic. The ETPL is a profit-making company and is safe to invest your shares in this company.
The firm has fixed a price band of Rs 186-187 per share for its premium. This is the share subscription price of easy trip planners today and it may change accordingly. The grey market premium on Easy Trip Planners share is stable at Rs 160-165.