EaseMyTrip IPO Details | GMP, Lot Size, Share Price, Subscription

0
easemytrip

Easy Trip Planners Limited (EaseMyTrip) is coming to IPO on March 8th, 2021. with the IPO price ₹186 to ₹187 per equity share. Too many IPO’s is coming in the Month of March. After this Barbeque Nation IPO also confirmed in March 2021.

Easy Trip Planners Limited 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)

 

About Company: Incorporated in 2008, Easy Trip Planners Ltd is the second 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.

More IPO List: Financial Solving

Easy Trip Planners Limited Promoters of the Company:

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

Founders of EaseMyTrip:

Easy My Trip Limited Founders

Board of Directors:

Easemy trip directors

Easy Trip Planners Limited Company Financials:

Summary of financial Information (Restated Consolidated)
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

Easy Trip Planners Limited EaseMyTrip IPO Timetable

The EaseMyTrip IPO open date is Mar 8, 2021, and the close date is Mar 10, 2021. The issue may list on Mar 19, 2021.

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 Easy Trip Planners Limited (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

 

Equity Shares outstanding prior to the Issue = 10,86,45,000 Shares
Offer for Sale of 2,72,72,727 Shares @187/- = Rs.510.00Crs
Equity Shares outstanding after the Issue = 10,86,45,000 Shares

Category-wise Break up:
Anchor – 1,22,72,727 Shares = 229.50Crs
QIB – 81,81,818 Shares = 153.00Crs
NII – 40,90,909 Shares = 76.50Crs
RII – 27,27,273 Shares = 51.00Crs (Lot size: 80 = 34,091 Forms)
Total Issue – 2,72,72,727 Shares = 510.00Crs.

Subscription required for 1X
RII = 34,091 Forms
NII = 76.50 Crs

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
Website: http://www.easemytrip.com/

EaseMyTrip IPO Registrar

KFintech Private Limited
Selenium Building, Tower-B, Plot No 31 & 32,
Financial District, Nanakramguda, Serilingampally,
Rangareddi, Telangana India – 500 032.

Phone: 1-800-3454001
Email: easytrip.ipo@kfintech.com
Website: https://karisma.kfintech.com

EaseMyTrip IPO – Gray Market Price (GMP) Estimated

GMP 170 +/- 1
Kostak 230 +/- 10
Subject 2 @11,500/-

LEAVE A REPLY

Please enter your comment!
Please enter your name here