EaseMyTrip is established by Nishant Pitti and Rikant Pitti in 2008. The company offers deals on flight booking, hotels booking and holiday packages. The company valued between Rs.6000 crore to Rs.7500 crores. The other competitors for the companies are ClearTrip and Yatra. The company is focusing on adding more travel agents and corporate clients. Stay tuned for EaseMyTrip IPO date, price band and more details.
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EaseMyTrip IPO Date & Price Band
|IPO Open:||8 March 2021|
|IPO Close:||10 March 2021|
|IPO Size:||Approx ₹510 Crore|
|Face Value:||₹2 Per Equity Share|
|Price Band:||₹186 to ₹187 Per Share|
|Listing on:||BSE & NSE|
EaseMyTrip IPO Market Lot
|Minimum Lot Size:||Minimum 80 Shares|
|Maximum Lot Size:||Maximum 1040 Shares|
EaseMyTrip IPO Allotment & Listing
|Basis of Allotment:||16 March 2021|
|Refunds:||17 March 2021|
|Credit to Demat Account:||18 March 2021|
|Listing Date:||19 March 2021|
EaseMyTrip IPO FormHow to apply the EaseMyTrip IPO? You can apply EaseMyTrip IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the EaseMyTrip IPO in the Invest section. The other option you can apply EaseMyTrip IPO via IPO forms download via NSE and BSE. Check out the EaseMyTrip forms - click NSE Forms & BSE Forms blank IPO forms download, fill and submit in your bank or with your broker.
EaseMyTrip Company Financial Report
|₹ in Crore|
- Mr. Nishant Pitti
- Mr. Rikant Pittie
- Mr. Prashant Pitt
EaseMyTrip commenced its operations in 2008 by focusing on the B2B2C (business to business to customer) distribution channel and providing travel agents access to its website to book domestic travel airline tickets in order to cater to the offline travel market in India. Subsequently, by leveraging its B2B2C channel, the company commenced operations in the B2C (business to customer) distribution channel in 2011by primarily focusing on the growing Indian middle class population’s travel requirements. With our presence in the B2B2C and B2C channels, we were able to commence operations in the B2E (business to enterprise) distribution channel in 2013 with the aim of providing end-to-end travel solutions to corporates. Our presence in three distinct distribution channels provide us with a diversified customer base and wide distribution network.
We have been providing customers with the option of no-convenience fee, such that customers are not required to pay any service fee in instances where there are no alternate discount or promotion coupon being availed. In our pricing model, we have endeavored to avoid hidden costs, which result in increasing the final price payable by the customer.
We believe that the strength of our brand, the quality of our services, our user-friendly websites (www.easemytrip.com and www.easemytrip.in), android and iOS based mobile applications (EaseMyTrip), our customer centric approach, as well as our efficient marketing programs have enabled us to develop significant market share in the domestic airline ticket business in India. In Fiscal 2019, GoAir, and SpiceJet, recognized us as amongst the top travel partners in terms of revenue and passenger count. The strength of our brand has increased significantly over the years.
We have a dedicated in-house technology team focused on developing a secure, advanced and scalable technology infrastructure and software. Our technology-enabled infrastructure and systems have enabled us to operate and maintain an efficient and lean organization related to the size of our operations. We have not required any equity infusion subsequent to our original incorporation requirements, and we have historically financed our working capital requirements and the expansion of our business and operations primarily through funds generated from our operations and debt financing.
Quick LinksDRHP Draft Prospectus
RHP Draft Prospectus
EaseMyTrip IPO RegistrarKFintech Private Limited
Selenium Building, Tower-B, Plot No 31 & 32,
Financial District,Nanakramguda, Serilingampally,
Rangareddi, Telangana India - 500 032.
Note: Check EaseMyTrip IPO allotment status on KFintech / Karvy website allotment URL. Click Here
EaseMyTrip IPO Lead Managers
- Axis Capital Limited
- JM Financial Consultants Private Limited
Company AddressEasy Trip Planners Limited
223, FIE Patparganj Industrial Area,
East Delhi, Delhi – 110 092, India
Phone: 91 11 4313 1313