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Easy Trip Planners Limited IPO (EaseMyTrip IPO) Detail

March 8, 2021 - March 10, 2021

EaseMyTrip IPO is a book built issue of Rs 510.00 crores. The issue is entirely an offer for sale.

EaseMyTrip IPO bidding started from March 8, 2021 and ended on March 10, 2021. The allotment for EaseMyTrip IPO was finalized on Tuesday, March 16, 2021. The shares got listed on BSE, NSE on March 19, 2021.

EaseMyTrip IPO price band is set at ₹186 to ₹187 per share. The minimum lot size for an application is 80 Shares. The minimum amount of investment required by retail investors is ₹14,960.

Axis Capital Limited and Jm Financial Limited are the book running lead managers of the EaseMyTrip IPO, while Kfin Technologies Limited is the registrar for the issue.

Refer to EaseMyTrip IPO RHP for detailed information.

EaseMyTrip IPO Details

IPO Date March 8, 2021 to March 10, 2021
Listing Date March 19, 2021
Face Value ₹2 per share
Price Band ₹186 to ₹187 per share
Lot Size 80 Shares
Total Issue Size[.] shares
(aggregating up to ₹510.00 Cr)
Offer for Sale[.] shares of ₹2
(aggregating up to ₹510.00 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE

EaseMyTrip IPO Reservation

EaseMyTrip IPO offers 15,080,644 shares. 8,225,806 (54.55%) to QIB, 4,112,903 (27.27%) to NII, 2,741,935 (18.18%) to RII. 34,274 RIIs will receive minimum 80 shares and (sNII) and (bNII) will receive minimum 1,120 shares. (in case of oversubscription)

Investor Category Shares OfferedMaximum Allottees
Anchor Investor Shares Offered-NA
QIB Shares Offered8,225,806 (54.55%)NA
NII (HNI) Shares Offered4,112,903 (27.27%)
Retail Shares Offered2,741,935 (18.18%)34,274
Total Shares Offered15,080,644 (100%)

EaseMyTrip IPO Timeline (Tentative Schedule)

EaseMyTrip IPO opens on March 8, 2021, and closes on March 10, 2021.

IPO Open Date Monday, March 8, 2021
IPO Close Date Wednesday, March 10, 2021
Basis of Allotment Tuesday, March 16, 2021
Initiation of Refunds Wednesday, March 17, 2021
Credit of Shares to Demat Thursday, March 18, 2021
Listing Date Friday, March 19, 2021
Cut-off time for UPI mandate confirmation 5 PM on March 10, 2021

EaseMyTrip IPO Lot Size

Investors can bid for a minimum of 80 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 80 ₹14,960
Retail (Max) 13 1040 ₹194,480
Lot Size Calculator

EaseMyTrip IPO Promoter Holding

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

Share Holding Pre Issue 100%
Share Holding Post Issue 75%

About Easy Trip Planners Limited

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.

Competitive strengths

  • One of the leading online travel agencies in India.
  • Strong brand name and distribution network.
  • In-house advanced technology infrastructure.
  • Consistent financial track record and operational performance.

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

Objects of the Issue (EaseMyTrip IPO Objectives)

The IPO proceed to be used against the following purposes;

  • To achieve share listing benefits.
  • To sell up to [_] equity shares agggregating up to Rs. 5100 million.

EaseMyTrip IPO Review (May apply)

[Dilip Davda]  Based on its financial data, the issue appears fully priced. Being the first mover in the online travel service segment with niche play, the company may attract fancy post listing. ETPL is operating an asset-light model of business with negligible borrowings. Rising trade receivables and trade payables coupled with declined bank deposits are the major concerns. Considering all these, investors may consider investing in this IPO with a long term perspective. Read detail review...


EaseMyTrip IPO Subscription Status (Bidding Detail)

The EaseMyTrip IPO is subscribed 159.33 times on March 10, 2021 5:00:00 AM. The public issue subscribed 70.40 times in the retail category, 77.53 times in the QIB category, and 382.21 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
QIB77.53
NII382.21
Retail70.40
Total159.33

EaseMyTrip IPO Prospectus

EaseMyTrip IPO Rating

1818
4.0
Rating:Rated 4.0 stars
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EaseMyTrip IPO Listing Details

Listing Date March 19, 2021
BSE Script Code 543272
NSE Symbol EASEMYTRIP
ISIN INE07O001018
Final Issue Price ₹187 per share

Pre-Open Session - NSE Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE
₹187.00
₹206.00
₹187.00
₹233.15
₹208.30
NSE
₹187.00
₹212.25
₹187.20
₹234.00
₹208.45

Check IPO Performance…

Easy Trip Planners Limited Contact Details

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

Kfin Technologies Limited

Phone: 04067162222, 04079611000
Email: easytrip.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/

EaseMyTrip IPO - Buy or Not

EaseMyTrip IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 13 0 0
Members 0 0 0

Read All Reviews Post Your Review Manage Reviews

EaseMyTrip IPO FAQs

EaseMyTrip IPO is a main-board IPO of [.] equity shares of the face value of ₹2 aggregating up to ₹510.00 Crores. The issue is priced at ₹186 to ₹187 per share. The minimum order quantity is 80 Shares.

The IPO opens on March 8, 2021, and closes on March 10, 2021.

Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Zerodha customers can apply online in EaseMyTrip IPO using UPI as a payment gateway. Zerodha customers can apply in EaseMyTrip IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in EaseMyTrip IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'EaseMyTrip IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The EaseMyTrip IPO opens on March 8, 2021 and closes on March 10, 2021.

EaseMyTrip IPO lot size is 80 Shares, and the minimum amount required is ₹14,960.

You can apply in EaseMyTrip IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for EaseMyTrip IPO will be done on Tuesday, March 16, 2021, and the allotted shares will be credited to your demat account by Thursday, March 18, 2021. Check the EaseMyTrip IPO allotment status.

The EaseMyTrip IPO listing date is on March 19, 2021.
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EaseMyTrip IPO Message Board

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28 Comments

18. subhash Yadav |   Link |  Bookmark |February 28, 2021 8:13:04 PM
Godd Information sir best Site for all stock market Probalm and update
17. RohitArorra |   Link |  Bookmark |February 28, 2021 6:55:15 PM
With vaccination around the corner this is certainly going to hit the market in a big way. Subscribe for long term for sure
16. Allued Investor |   Link |  Bookmark |February 28, 2021 4:29:40 PM (200+ Posts, 100+ Likes)
It''s wait for last day subscription type.
Till Corona thing didn''t get over tourism sector will continue to suffer because of restrictions.
15. parmod gupta |   Link |  Bookmark |February 28, 2021 12:12:40 PM
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
Upcoming IPOs in Crores

510 - Easy Trip Planners coming in March
755 - Anupam Rasayan
800 - Raftsman Automation
800 - India Pesticides
825 - Laxmi Organics Industries
1000 - ESAF Small Finance Bank
1000 - Puranik Builders
1000 - Apeejay Surrender Park Hotels
1150 - Barbeque Nation Hospitality
1350 - Suryodaya Small Finance Bank
1700 - Kalyan Jewellers
2500 - NAZARA Technologies
2500 - Macrotech Developers
7300 - Aadhaar Housing Finance
7500 - Owergrid Corporation InviT

Let''s see how many will come in March
14. Bala murali |   Link |  Bookmark |February 27, 2021 11:34:04 AM
In HNI category if IPO subscribes by 300 times, if I have applied with 2 lacs amount. Are there any chances to get 1 lot allotment?
14.3. Noorul Khan |   Link |  Bookmark |February 27, 2021 5:25:58 PM
In a ipo of mazgoan i didnt get a single lot after applying about 300 lot. Its really tough to get a lot in hni in highly subscribed ipo.. u can check AJLPA7314B
14.4. Pragyan |   Link |  Bookmark |February 28, 2021 10:52:04 AM
Noorul,

For Mazgoan Dock the min amount was 52 lakhs to get a confirmed lot, with 300 lots you applied with 45lakhs does not qualify the min threshold.

I would better suggest you create multiple accounts, then apply single lots along with HNI application from one Demat account.
13. IPO SUSPENSE |   Link |  Bookmark |February 28, 2021 9:46:05 AM
Market se liquidity km krne ke liye itne ipo aa rahe he
12. BK Prajapati |   Link |  Bookmark |February 28, 2021 8:15:04 AM
after this corona reliefs tourisam sectors surely wl progress effecctively... all people get bored now in houses... aggrred to @P patel sir... this wl gd for long term ...
11. IPO SUSPENSE |   Link |  Bookmark |February 28, 2021 8:05:55 AM
Retailor ko loota jyega

10. P Patel |   Link |  Bookmark |February 27, 2021 9:21:54 PM
IPO Mentor IPO Mentor (900+ Posts, 900+ Likes)
Interesting to see price range for this IPO. Surly this will be long term bet.
10.1. ipobull |   Link |  Bookmark |February 27, 2021 9:33:06 PM
IPO Guru IPO Guru (1000+ Posts, 1000+ Likes)
Don''t be gung-ho after seeing Cox and Kings.
9. ipobull |   Link |  Bookmark |February 27, 2021 9:21:47 PM
IPO Guru IPO Guru (1000+ Posts, 1000+ Likes)
What about post corona results?
8. IPO Gyani |   Link |  Bookmark |February 27, 2021 1:42:42 PM
Krishna Institute of Medical Sciences Limited files Draft with Sebi.

The offer includes shares worth Rs 200 Cr as Fresh issue & 21,340,931 shares in Offer For Sale
8.1. ipobull |   Link |  Bookmark |February 27, 2021 9:19:53 PM
IPO Guru IPO Guru (1000+ Posts, 1000+ Likes)
Worth of 1 lot is almost nothing. Better take bulk from secondary market after price stabilization.
7. Jaymin bhatt |   Link |  Bookmark |February 27, 2021 1:02:59 PM (200+ Posts, 100+ Likes)
new ipos before 12th march
ANUPAM RASAYAN
LAXMI ORGANIC
EASY MY TRIP
BARBECUE NATION
CRAFTSMAN AUTO
MTAR TECHNOLOGIES.
7.1. BK Prajapati |   Link |  Bookmark |February 27, 2021 8:01:21 PM
Raining of ipos....
6. JAYESH JARIWALA |   Link |  Bookmark |February 27, 2021 8:34:27 AM
Fv is 2 rs so might be expensive
5. JAYESH JARIWALA |   Link |  Bookmark |February 27, 2021 8:33:50 AM
Fv is 2 rs so might be expensive
4. NforNandkishor |   Link |  Bookmark |February 27, 2021 6:03:50 AM
IPO Mentor IPO Mentor (600+ Posts, 800+ Likes)
Expected dates 8 to 10 March.
It filed drhp in dec 2019. As per the relaxation given by sebi, ipo must come before 31 March otherwise company need to file drhp a fresh and the ipo will be delayed by few months.

Only 10% reserved for retail investors. Better chance of allotment in hni category compared to retail category
4.1. KrishnaTwentyFour |   Link |  Bookmark |February 27, 2021 7:12:59 AM
👍👍🤞
3. Mera Lau se |   Link |  Bookmark |February 26, 2021 10:29:29 PM
What is the expected price band and lot size? What is the expected relative dates?
2. traderyn |   Link |  Bookmark |February 26, 2021 7:35:21 PM
IPO Mentor IPO Mentor (700+ Posts, 400+ Likes)
Retailer are 10% in this IPO,I think.
2.1. starling |   Link |  Bookmark |February 26, 2021 7:54:37 PM
Yes as per DRHP retail portion is 10%


RHP awaiting !!
1. Ankur Goel |   Link |  Bookmark |February 26, 2021 6:44:23 PM
IPO Guru IPO Guru (1100+ Posts, 500+ Likes)
Trip planners are in deep mess due to corona. Not sure how solid business it has.