EaseMyTrip Planners Limited IPO

EaseMyTrip IPO
EaseMyTrip IPO | Ease IPO | EaseTrip IPO | Upcoming IPO | EaseMyTrip IPO 2021 | easemytrip ipo 2021 | EaseMyTrip Upcoming IPO | EaseMyTrip Upcoming IPO 2021 | New IPO EaseMyTrip

EaseMyTrip Planners Ltd is the third largest online travel company in India in terms of total revenue.

The online tourism agency offers a variety of travel products and travel services and travel solutions including airline tickets, train tickets, bus tickets, taxis, holiday packages, hotels, and other value-added services such as travel insurance and visa processing, etc.

EaseMyTrip offers a variety of online services through its website as well as the EaseMyTrip app for android and iOS.

So, the company follows B2B2C (business to business to customers) and B2C (business to customer), and B2E (business to business) distribution channels to offer its services.

As of November 30, 2019, we have provided our customers with access to more than 400 international and domestic airlines.

So, in addition to 1,096,400 hotels in India and worldwide, almost all train stations in India and bus tickets to rent major Indian taxis.

In addition, as of March 31, 2019, we have 49,494 registered travel agents in almost every major city in India and according to the CRISIL Report, we have the largest network of travel agents among Key Online Travel Agencies at that time.

EaseMyTrip IPO 2021

Competitive Strengths

  • One of the best online travel organizations in India.
  • Strong brand name and distribution network.
  • Advanced technology infrastructure.
  • Compatible financial and performance records.

EaseMyTrip Limited Company Promoters

Mr. Nishant Pitti, Mr. Rikant Pittie, and Mr. Prashant Pitti are the company promoters.

EaseMyTrip Limited Company Financials

ParticularsFor the year/period ended (₹ in million)
30-Sep-1931-Mar-1931-Mar-1831-Mar-17
Total Assets2,647.852,430.861,802.891,473.86
Total Revenue892.771,511.111,135.741,050.37
Profit After Tax199.32239.930.30201.11

EaseMyTrip Objects Of The Issue

The IPO continues to be used against the following objectives;

  • Achieving the benefits of a shared list.
EaseMyTrip IPO Object Of The Issue

List of Related Groups (Key Staff Managers)

  • Ms Nutan Gupta, President – Agreements
  • Mr. Abani Kant Jha, Chief Financial Officer
  • Ms. Preeti Sharma, Company Secretary and Law Enforcement Manager

EaseMyTrip IPO Details

IPO Opening Date08 MAR, 2021
IPO Closing Date10 MAR, 2021
Issue TypeBook Built Issue IPO
Issue Size₹ 510 Cr.
Face Value₹2 per equity share
IPO Price[186] to [187] per equity share
Market Lot80 Shares
Min Order Quantity80 Shares
Listing AtBSE, NSE
Total Share Issue2,72,72,727 Equity Share

EaseMyTrip IPO – Schedule

IPO Open Date08 FEB, 2021
IPO Close Date10 FEB, 2021
Finalization of Basis of Allotment15 MAR, 2021
Initiation of Refunds17 MAR, 2021
Credit of Shares to Demat Account20 MAR, 2021
IPO Listing Date21 MAR, 2021

EaseMyTrip IPO Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)
Minimum18014,960
Maximum1310401,94,480

Eligibility Criteria Are

  1. One of the leading online travel agencies in India because a customer-focused approach, including the option of money laundering.
  2. Consistent financial performance and reliable and cost-effective performance.
  3. Advanced internal technology and mathematical power because it provide services across world.
  4. A comprehensive distribution network supported by a hybrid platform.
  5. A well-known product with a targeted advertising strategy.
  6. An experienced management team with a proven track record.

EaseMyTrip IPO : How To Apply

Promoters play a very important role in raising much-needed business revenue.

There are three promoters of this IPO. Mr. Nishant Pitti, Mr. Rikant Pittie, and Mr. Prashant Pitti .

EaseMyTrip How To Apply IPO

Apply For EaseMyTrip IPO Through ASBA

First, you should know what ASBA is. ASBA stands for Restricted Application Support. It is an application by the bank to apply for an IPO.

You apply with ASBA through the bank because initially, the bank covers the cost of purchasing the IPO. This amount is deducted from your account only after receiving IPO share shares in your Demat account.

All the major banks in the country are expanding the ASBA center. There are about 30 banks on the list, some of which are IDBI Bank Limited, Citi Bank, Punjab National Bank, etc.

The center may be expanded once they have been authorized to do so. These banks block the corresponding amount until the IPO allocation process is finalized.

Now, most of you are probably thinking about how to use the EaseMyTrip IPO with ASBA. The process can be completed online or offline for your convenience.

Apart from this, you can also bid for an EaseMyTrip IPO through your stockbroker’s online portal (such as Zerodha, Edelweiss, Motilal Oswal, etc.)

Company Contact Information

Easy Trip Planners Limited
223, FIE Patparganj Industrial Area,
East Delhi, Delhi – 110 092, India

Phone: 91 11 4313 1313
Email: emt.secretarial@easemytrip.com
Websitehttp://www.easemytrip.com/

LIST OF UPCOMING IPOs