IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 20,454,546 (75%) | — | ₹38,250 Cr |
| NII (HNI) | — | 4,090,909 (15%) | — | ₹7,650 Cr |
| Retail | — | 2,727,272 (10%) | — | ₹5,100 Cr |
| Σ Total | — | 27,272,727 (100%) | — | ₹510,000 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 80 | ₹14,960 |
| Retail (Max) | 13 | 1,040 | ₹194,480 |
| S-HNI (Min) | 14 | 1,120 | ₹209,440 |
| B-HNI (Min) | 67 | 5,360 | ₹1,002,320 |
Financial Statements Amount in Crore
| Metric | 31-Dec-20 | 31-Mar-20 | 31-Mar-19 |
|---|---|---|---|
| Revenue | 82 | 180 | 151 |
| Profit After Tax | 31 | 35 | 24 |
| Total Assets | 357 | 282 | 243 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 To achieve the benefits of listing the Equity Shares on the Stock Exchanges and for the sale of 27,272,727 Equity Shares by the Promoter Selling Shareholders –
Company Overview
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.