Easy Trip Planners Limited IPO
Mainboard14960 / 80 Shares
Easy Trip Planners Limited IPO Details
The Easy Trip Planners Limited IPO price band is set between ₹186-187 per equity share, with a face value of ₹2 per share. The issue is managed by KFintech Private Limited, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 8 Mar, 2021 and closes on 10 Mar, 2021. Investors can check the allotment status on 17 Mar, 2021, while the listing date is tentatively scheduled for 19 Mar, 2021.
The total issue size is Offer for sale: 2,72,72,727 Equity shares, aggregating up to ₹510.00 Cr. Stay tuned for the latest Easy Trip Planners Limited IPO review and GMP updates.
Easy Trip Planners Limited IPO Review, Rating & Analysis
Easy Trip Planners Limited IPO Review
NO REVIEWEasy Trip Planners Limited IPO Rating
Easy Trip Planners Limited IPO Highlights
IPO Date
Mar 8, 2021 - Mar 10, 2021
Listing Date
19 Mar, 2021
Face Value
₹2 Per Equity Share
Price Band
₹186-187 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE, NSE
Easy Trip Planners Limited IPO Lot Size
The minimum market lot for Easy Trip Planners Limited IPO is 80 shares with an application amount of ₹14,960. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 80 | ₹14,960 |
| Retail (Max) | 13 | 1040 | ₹1,94,480 |
| S-HNI (Min) | 14 | 1120 | ₹2,09,440 |
| S-HNI (Max) | 66 | 5280 | ₹9,87,360 |
| B-HNI (Min) | 67 | 5360 | ₹10,02,320 |
Easy Trip Planners Limited IPO Timeline
Issue Price
₹186-187 per equity shareFace Value
₹2 Per Equity ShareListing at Group
BSE, NSERegistrar
KFintech Private LimitedLead Manager
Axis Capital Limited, JM Financial Consultants Private LimitedIssue Size
Offer for sale: 2,72,72,727 Equity shares(aggregating up to ₹510.00 Cr)Easy Trip Planners Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Dec 20 | 356.96 | 81.57 | 31.10 | - | - | - |
| 31 Mar 20 | 282.33 | 179.72 | 34.64 | - | - | - |
| 31 Mar 19 | 243.08 | 151.11 | 23.99 | - | - | - |
| 31 Mar 18 | 180.28 | 113.57 | 0.03 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Mr. Nishant Pitti
- Mr. Rikant Pittie
- Mr. Prashant Pitti
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 100% | 74.90% |
About Company
Easy Trip Planners Ltd is the third 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.
Easy Trip Planners Limited IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 8,225,806 | 4,112,903 | 2,741,935 | 15,080,644 |
Day 1 -08-03-21 05:00 PM | 0.00 x | 0.15 | 12.64 x | 2.34 x |
Day 2 -09-03-21 05:00 PM | 0.28 x | 4.07 | 32.89 x | 7.24 x |
Day 3 -10-03-21 05:00 PM | 77.95 x | 384.26 | 70.78 x | 160.19 x |
Frequently Asked Questions about Easy Trip Planners Limited IPO IPO
When will Easy Trip Planners Limited IPO open for subscription?
The Easy Trip Planners Limited IPO opens on 8 Mar, 2021 and closes on 10 Mar, 2021.
What is the investors portion for Easy Trip Planners Limited IPO?
The investors' portion for QIB is 77.95 x, NII is 384.26, and Retail is 70.78 x.
How to apply for Easy Trip Planners Limited IPO?
You can apply for Easy Trip Planners Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Easy Trip Planners Limited IPO?
The issue size of Easy Trip Planners Limited IPO is approx ₹Offer for sale: 2,72,72,727 Equity shares(aggregating up to ₹510.00 Cr) crores.
What is the price band of Easy Trip Planners Limited IPO?
The price band for Easy Trip Planners Limited IPO is ₹186 to ₹187 per equity share.
What is the lot size of Easy Trip Planners Limited IPO?
The minimum bid (lot size) for Easy Trip Planners Limited IPO is N/A shares with an investment of approx 14960 .
What is the allotment date of Easy Trip Planners Limited IPO?
The allotment date for Easy Trip Planners Limited IPO is 17 Mar, 2021.
What is the listing date of Easy Trip Planners Limited IPO?
The listing date for Easy Trip Planners Limited IPO is expected to be 19 Mar, 2021.
What is the GMP of Easy Trip Planners Limited IPO?
The latest Grey Market Premium (GMP) for Easy Trip Planners Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.