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Easy Trip Planners Limited IPO (EaseMyTrip IPO) Detail

Mar 8, 2021 - Mar 10, 2021

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 Promoters:

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

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:

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 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)

EaseMyTrip IPO Tentative 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 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

EaseMyTrip IPO Promoter Holding

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

EaseMyTrip IPO Review

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 Mar 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
Vote Here ...

EaseMyTrip IPO Listing Date

Listing Date Friday, March 19, 2021
BSE Script Code 543272
NSE Symbol EASEMYTRIP
Listing In B Group of Securities
ISIN INE07O001018
IPO Price ₹187 per equity share
Face Value ₹2 per equity share

Listing Day Trading Information

.
IPO 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

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

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

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 equity share. The minimum order quantity is 80 Shares.

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

KFintech Private 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 Mar 8, 2021 and closes on Mar 10, 2021.

EaseMyTrip IPO lot size is 80 Shares and the minimum order quantity is 80 Shares.

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, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

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

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

EaseMyTrip IPO Message Board

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28 Comments

18. subhash Yadav |   Link |Feb 28, 2021 9:13:04 PM
Godd Information sir best Site for all stock market Probalm and update
17. RohitArorra |   Link |Feb 28, 2021 7:55:15 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 |Feb 28, 2021 5:29:40 PM
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 |Feb 28, 2021 1:12:40 PM
Top Contributor Top Contributor (200+ Posts, 200+ 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 |Feb 27, 2021 12:34:04 PM
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 |Feb 27, 2021 6:25:58 PM
IPO Mentor IPO Mentor (600+ Posts, 400+ Likes)
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 |Feb 28, 2021 11:52:04 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 |Feb 28, 2021 10:46:05 AM
Market se liquidity km krne ke liye itne ipo aa rahe he
12. BK Prajapati |   Link |Feb 28, 2021 9:15:04 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 |Feb 28, 2021 9:05:55 AM
Retailor ko loota jyega

10. P Patel |   Link |Feb 27, 2021 10:21:54 PM
IPO Mentor IPO Mentor (800+ Posts, 900+ Likes)
Interesting to see price range for this IPO. Surly this will be long term bet.
10.1. ipobull |   Link |Feb 27, 2021 10:33:06 PM
IPO Mentor IPO Mentor (500+ Posts, 400+ Likes)
Don''t be gung-ho after seeing Cox and Kings.
9. ipobull |   Link |Feb 27, 2021 10:21:47 PM
IPO Mentor IPO Mentor (500+ Posts, 400+ Likes)
What about post corona results?
8. IPO Gyani |   Link |Feb 27, 2021 2:42:42 PM
Krishna Institute of Medical Sciences Limited files Draft with Sebi.

The offer includes shares worth ₹200 Cr as Fresh issue & 21,340,931 shares in Offer For Sale
8.1. ipobull |   Link |Feb 27, 2021 10:19:53 PM
IPO Mentor IPO Mentor (500+ Posts, 400+ Likes)
Worth of 1 lot is almost nothing. Better take bulk from secondary market after price stabilization.
7. Jaymin bhatt |   Link |Feb 27, 2021 2:02:59 PM
Top Contributor Top Contributor (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 |Feb 27, 2021 9:01:21 PM
Raining of ipos....
6. JAYESH JARIWALA |   Link |Feb 27, 2021 9:34:27 AM
Fv is 2 rs so might be expensive
5. JAYESH JARIWALA |   Link |Feb 27, 2021 9:33:50 AM
Fv is 2 rs so might be expensive
4. NforNandkishor |   Link |Feb 27, 2021 7:03:50 AM
IPO Mentor IPO Mentor (600+ Posts, 700+ 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 |Feb 27, 2021 8:12:59 AM
IPO Guru IPO Guru (1000+ Posts, 1100+ Likes)
👍👍🤞
3. Mera Lau se |   Link |Feb 26, 2021 11:29:29 PM
What is the expected price band and lot size? What is the expected relative dates?
2. traderyn |   Link |Feb 26, 2021 8:35:21 PM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
Retailer are 10% in this IPO,I think.
2.1. starling |   Link |Feb 26, 2021 8:54:37 PM
IPO Mentor IPO Mentor (600+ Posts, 600+ Likes)
Yes as per DRHP retail portion is 10%


RHP awaiting !!
1. Ankur Goel |   Link |Feb 26, 2021 7:44:23 PM
Top Contributor Top Contributor (400+ Posts, 300+ Likes)
Trip planners are in deep mess due to corona. Not sure how solid business it has.