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.
Contents
- 1 Easy Trip Planners Limited EaseMyTrip IPO Details
- 2 Easy Trip Planners Limited Promoters of the Company:
- 3 Founders of EaseMyTrip:
- 4 Easy Trip Planners Limited Company Financials:
- 5 Easy Trip Planners Limited EaseMyTrip IPO Timetable
- 6 EaseMyTrip IPO Lot Size
- 7 Company Contact Information
- 8 EaseMyTrip IPO Registrar
- 9 EaseMyTrip IPO – Gray Market Price (GMP) Estimated
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:
- Mr. Nishant Pitti
- Mr. Rikant Pittie
- Mr. Prashant Pitti
Board of Directors:
Easy Trip Planners Limited 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 | |
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/-
