Easy Trip Planners IPO Details

EaseMyTrip IPOEasy Trip Planners IPO description – Easy Trip Planners is the company behind online travel booking portal EaseMyTrip.com. The company offers a comprehensive range of travel-related products and services for end-to-end travel solutions, including airline tickets, hotels and holiday packages, rail tickets, bus tickets and taxis as well as ancillary value added services such as travel insurance, visa processing and tickets for activities and attractions. As of 30 November 2019, it provided customers with access to more than 400 international and domestic airlines, more than 1,096,400 hotels in India and in international jurisdictions, almost all the railway stations in India as well as bus tickets to and taxi rentals for major cities in India.

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.  

Promoters of Easy Trip Planners – Mr Nishant Pitti, Mr Rikant Pittie and Mr Prashant Pitti
Easy Trip Planners IPO details
Subscription Dates 8 – 10 March 2021
Price Band INR186 – 187 per share 
Fresh issue Nil
Offer For Sale INR510 crore  
Total IPO size INR510 crore
Minimum bid (lot size) 80 shares
Face Value  INR2 per share
Retail Allocation 10%
Listing On NSE, BSE
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Easy Trip Planners’ financial performance (in INR crore)

  FY2018 FY2019 FY2020 9M FY2021
Revenue 113.6 151.1 179.7 81.6
Expenses 103.0 109.9 132.2 39.7
Net income 0.0 24.0 34.6 31.1
Net margin (%) 0.0 15.9 19.3 38.1

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: [email protected]
Website: www.easemytrip.com

Registrar of EaseMyTrip IPO

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

Valuation of Easy Trip Planners (as of FY2020)

Earnings Per Share (EPS): INR2.21 
Price/Earnings (PE ratio): 84.16 – 84.61
Return on Net Worth (RONW): 35.32%
Net Asset Value (NAV): INR8.10 per share (as of 30 Sep 2019)

EaseMyTrip IPO Subscription Details

Category Shares offered Subscription (no. of times, at 5 PM)
Day 1 Day 2 Day 3
QIB 82,25,806 0.00 0.27 77.53
NII 41,12,903 0.15 4.05 382.21
Retail 27,41,935 12.57 32.71 70.40
         
Total 1,50,80,644 2.32 7.20 159.33

EaseMyTrip IPO: Avoid or Subscribe?

Asit C Mehta – Subscribe
BP Wealth –  Subscribe
Choice Broking – Subscribe
GEPL Capital – Subscribe
Geojit – Subscribe
Hem Securities – Subscribe
ICICIdirect –  Subscribe
SMC Global –  2.5/5
Ventura Securities – Subscribe

Easy Trip Planners IPO Allotment Status

Easy Trip Planners IPO allotment status is now available on KFin Technologies’ websites, click on any of these links to get allotment status.

Allotment Status Link #1
Allotment Status Link #2
Allotment Status Link #3

Listing Performance of Easy Trip Planners

IPO Opening Date: 8 March 2021
IPO Closing Date: 10 March 2021
Finalisation of Basis of Allotment: 16 March 2021
Initiation of refunds: 17 March 2021
Transfer of shares to demat accounts: 18 March 2021
Listing Date: 19 March 2021
Opening Price on NSE: INR212.25 per share (up 13.5% from IPO price)
Closing Price on NSE: INR208.45 per share (up 11.47% from IPO price)

2 COMMENTS

  1. tripwala hohoi………………………………………………………………………..ipo………………………….

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