Monday, March 01, 2021

EaseMyTrip IPO Date, Review, Price Band, Form & Market Lot Details

Easy Trip Planners Limited aka EaseMyTrip plans to raise 510 crore via IPO. EaseMyTrip IPO date is 8 March and closes on 10 March 2021. EaseMyTrip is a travel booking site and it might become the first online travel booking site to list in India. EaseMyTrip is a rival of MakeMyTrip which is four times bigger than EaseMyTrip in compare to revenues. MakeMyTrip is listed on Nasdaq in 2010. As per the speculations the company started their communication with the merchant bankers about the ipo. The company might launch EaseMyTrip IPO in second half of the current year but still there is no official words from the company. EaseMyTrip.com is operated by Easy Trip Planners Private Ltd.

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.

EaseMyTrip Logo
 


    EaseMyTrip IPO Review

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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
     Retail Portion:  10%
     Equity:  10,372,419 Shares

    EaseMyTrip IPO Market Lot

     Minimum Lot Size:  Minimum 80 Shares
     Minimum Amount:  ₹14960
     Maximum Lot Size:  Maximum 1040 Shares
     Maximum Amount:  ₹194480

    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 Form

    How 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

    Revenue Expense Net Income
    2017 - - -
    2018 114 103 0.00
    2019 151 110 24.00
    2020 180 132 34.60
    2021 9M
    82 40
    31.1

    Company Promoters

    • Mr. Nishant Pitti
    • Mr. Rikant Pittie
    • Mr. Prashant Pitt

    About EaseMyTrip

    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 Links

    DRHP Draft Prospectus
    RHP Draft Prospectus

    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/
    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 Address

    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 FAQs


    When EaseMyTrip IPO will open for QIB, NII, and Retail?

    The IPO is to open on 08 March 2021 for QIB, NII, and Retail Investors.

    What is EaseMyTrip IPO Investors Portion?

    The investors' portion for QIB-75%, NII-15%, and Retail 10%.

    How to Apply the EaseMyTrip IPO?

    You can apply EaseMyTrip IPO via ASBA online via your bank account. You can apply ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

    How to Apply the Burger King IPO through Zerodha?

    Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name "EaseMyTrip". Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.

    What is EaseMyTrip IPO Size?

    EaseMyTrip IPO size is ₹510 crores.

    What is EaseMyTrip IPO Price Band?

    EaseMyTrip IPO Price Band is ₹186 - ₹187.

    What is EaseMyTrip IPO Minimum and Maximum Lot Size?

    The minimum bid is 80 Shares with ₹14960 amount while maximum bid is 1040 shares with ₹194480.

    What is EaseMyTrip IPO Allotment Date?

    EaseMyTrip IPO allotment date is 16 March 2021.

    What is EaseMyTrip IPO Listing Date?

    EaseMyTrip IPO listing date is 19 March 2021. The IPO to list on BSE and NSE.

    Note: The EaseMyTrip IPO price band and date will be added as it will be officially announced. The IPO grey market premium (EaseMyTrip IPO GMP) will be added on the grey market page as it will start)