EaseMyTrip IPO

Easy Trip Planners IPO-Dates, Details & Analysis

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Easy Trip Planners IPO will open for subscription on 08 March 2021. the company plans to raise ₹510 Crores crore via IPO. it is a travel booking site and it might become the first online travel booking site to list in India. EaseMyTrip is a rival of MakeMyTrip which is four times bigger than EaseMyTrip in comparison to revenues.

Also read: IPO List 2021: a complete list of IPOs in 2021

EaseMyTrip Limited

Incorporated in 2008, Established by siblings Nishant Pitti and Rikant Pitti, Easy Trip Planners Ltd is the third 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.

Easy Trip offers a range of online traveling services through its website and Ease My Trip android and iOS mobile app. The company follows B2B2C (business to business to customer), B2C (business to customer), and B2E (business to enterprise) distribution channels to offers its services. As of November 2019, the firm has served customers with more than 400 domestic and international airlines, and 1,096,400 hotels. As of March 2019, it had 49,494 registered travel agents across major cities of India.

Objective of the Issue

  • To achieve share listing benefits.
  • To sell up to – equity shares aggregating up to Rs. 5100 million.
  • General corporate purpose

Competitive strengths

  • One of the leading online travel agencies in India.
  • Strong brand name and distribution network.
  • In-house advanced technology infrastructure.
  • Consistent financial track record and operational performance.

Basic details about the company

Full nameEaseMyTrip Limited
IndustryTravel service
Company Websitewww.easemytrip.com

Dates to remember

IPO Opening date08 March 2021
IPO Closing date10 March 2021
Basis of Allotment date16 March 2021
Initiation of Refunds17 March 2021
Credit to Demat Account18 March 2021
 Listing Date19 March 2021

IPO details

Issue typeBook Built Issue
IPO issue size₹510 Crores
Number of shares offered10,372,419 Shares
Face value₹2 per equity share
Price band₹186 to ₹187 per equity share
Retail portion10%
Lot size80 Shares
Minimum application1 Lot-80 Share
Maximum application13 Lot-1040 share
Minimum application amount₹14,960
maximum application amount₹194,480
Listing ExchangeBSE & NSE

Financial summary

Easy Trip Planners’ financial performance (in INR crore)
 FY2018FY2019FY20209M FY2021
Net income0.024.034.631.1
Net margin (%)0.015.919.338.1

Valuation of Easy Trip Planners (as of FY2020)

Earnings Per Share (EPS)₹2.21
Price/Earnings (PE ratio)84.16 – 84.61
Return on Net Worth (RONW)35.32%
Net Asset Value (NAV)₹8.10 per share (as of 30 Sep 2019)

Company Promoters

  • Nishant Pitti
  • Rikant Pittie
  • Prashant Pitti

Easy Trip Planners IPO Lead Managers

  • Axis Capital Limited
  • JM Financial Consultants Private Limited

Registrar of Easy Trip Planners IPO

KFin Technologies Private Limited
Selenium Tower B, Plot 31-32,
Gachibowli, Nanakramguda,
Hyderabad – 500 032, Telangana
Phone: +91 40 6716 2222 
 +91 40 2343 1551 
Email: einward.ris@kfintech.com
Website: www.kfintech.com

Easy Trip Planners Contact Details

Easy Trip Planners Limited
223, FIE Patparganj Industrial Area,
East Delhi, Delhi – 110 092
Phone: +91 11 4313 1313
Email: emt.secretarial@easemytrip.com
Website: www.easemytrip.com

Easy Trip Planners IPO Allotment Status

Easy Trip Planners IPO allotment status will be available on KFin Technologies’ websites, click on any of these links to get allotment status.
Allotment Status Link #1
Link #2
Allotment Status Link #3

Final thoughts

Easy Trip Planners IPO is going to hit Dalal street soon. applying for IPO is purely a personal choice. study well about the company and do subscribe if you are feeling good about the company. I hope this post gave you enough details to make a fundamental study of the company. learn well and make a wise decision.

Happy Investing

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  1. Pingback: IPO List 2021: a complete list of IPOs in 2021 - finvestfox.com

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