Easy Trip Planners Ltd IPO
Incorporated in 2008, Easy Trip Planners Ltd is that the second largest travel agency in India in terms of gross sales . the web agency offers a variety 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 like travel insurance, visa processing, etc.
Easy Trip offers a variety of online traveling services through its website and Ease My Trip android and iOS mobile app. the corporate follows B2B2C (business to business to customer), B2C (business to customer), and B2E (business to enterprise) distribution channels to offers its services.
However, as of November 2019, the firm has served customers with quite 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.
Competitive strengths
One of the leading online travel agencies in India.
Strong name and distribution network.
In-house advanced technology infrastructure.
Consistent financial diary and operational performance.
Company Promoters:
Mr. Nishant Pitti, Mr. Rikant Pittie, and Mr. Prashant Pitti are the corporate promoters.
Company Financials:
| Particulars | For the year/period ended (Rs in million) | ||||
|---|---|---|---|---|---|
| 31-Dec-20 | 31-Mar-20 | 31-Mar-19 | 31-Mar-18 | ||
| Total Assets | 3,569.66 | 2,823.37 | 2,430.88 | 1,802.89 | |
| Total Revenue | 815.72 | 1,797.24 | 1,511.11 | 1,135.74 | |
| Profit After Tax | 311.09 | 346.48 | 239.93 | 0.30 | |
EaseMyTrip IPO Details
| IPO Opening Date | Mar 8, 2021 |
| IPO Closing Date | Mar 10, 2021 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹2 per equity share |
| IPO Price | ₹186 to ₹187 per equity share |
| Market Lot | 80 Shares |
| Min Order Quantity | 80 Shares |
| Listing At | BSE, NSE |
| Issue Size | [.] Eq Shares of ₹2 (aggregating up to ₹510.00 Cr) |
| Offer for Sale | [.] Eq Shares of ₹2 (aggregating up to ₹510.00 Cr) |
| IPO Open Date | Mar 8, 2021 |
| IPO Close Date | Mar 10, 2021 |
| Basis of Allotment Date | Mar 16, 2021 |
| Initiation of Refunds | Mar 17, 2021 |
| Credit of Shares to Demat Account | Mar 18, 2021 |
| IPO Listing Date | Mar 19, 2021 |
EaseMyTrip IPO Lot Size
The EaseMyTrip IPO market lot size is 80 shares. A retail-individual investor can apply for up to 13 lots (1040 shares or ₹194,480).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 80 | ₹14,960 |
| Maximum | 13 | 1040 | ₹194,480 |