EaseMyTrip to become India’s first OTA by making initial public offerings of Rs 700 crore

EaseMyTrip plans to sell public shares of Rs 700 crore maiden, which will be the first travel agency to be listed on the Indian stock market, two people said. Two individuals are aware of developments and intend to submit the initial document, which is called the draft red herring prospectus, shortly to the Capital Market Regulator.

One person quoted above said that JM Financial and Axis Bank will manage the matter. The company did n....