EaseMyTrip plans ₹ 510 cr IPO amid slump in travel EaseMyTrip seeks to exploit a surge in liquidity in the primary markets (MINT_PRINT) 2 min read. Your Reason has been Reported to the admin. In this EaseMyTrip (Easy Trip Planners) IPO Review we spoke about the pros and cons of the IPO, the company and the online travel agency along with the necessary IPO details for investment. EaseMyTrip has a handful of weak points which an investor must be well aware of to make a conscious choice. IPO vs OFS: Difference between IPO, FPO and OFS, IPO Process: 5 steps for Successful Listing. With a 90% premium in the grey market, EaseMyTrip is all set to make its stock market debut with its initial public offering. NEW DELHI: The Rs 510 crore IPO of Easy Trip Planners will kick off on Monday. Download The Economic Times News App to get Daily Market Updates & Live Business News. EaseMyTrip IPO. Through the IPO, company's founders Nishant Pitti and Rikant Pitti will each sell shares to the tune of Rs 255 crore through offer-for-sale mechanism, according to draft papers filed with the Securities and Exchange Board of India (Sebi). You can check the stats … 186 - 187 for each equity share. The IPO opens on Mar 8, 2021, and closes on Mar 10, 2021.. KFintech Private Limited is the registrar for the IPO. Days Trial. By Linda Fox | March 5, 2021. The company will be going in for a book building issue. The shares which will be carrying a face value of Rs. Dream run for EaseMyTrip ahead of IPO; shares trade at 90% premium in grey market NEW DELHI: The Rs 510 crore IPO of Easy Trip Planners will kick off on Monday. And they are as follows: If you look away from the handful of drawbacks associated with EaseMyTrip, it surely seems to be a decent buy. In the nine months ended December 2020, it was ranked second in... EaseMyTrip IPO: Upcoming IPO List, EaseMyTrip IPO Grey Market Premium, EaseMyTrip IPO GMP, EaseMyTrip IPO Subscription Status, EaseMyTrip IPO Review, Initial Public Offering, Ease Trip IPO Easy Trip Planners IPO: How attractive is the valuation? Choose your reason below and click on the Report button. Bitcoin Myths: Busting The Popular Misconceptions! Days Trial However, the maximum limit has been placed at 13 such lots containing a total of 1040 shares. EaseMyTrip IPO GMP Today, Easy Trip Planners IPO Grey Market Premium Updates | EaseMyTrip IPO Listing Gain, Latest target, Opening gain. The allotment for the same will happen before Mar 16. 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. Now let us address the burning question- should you invest? Also, excess dependency on a few travelling agencies might cost a lot if there are any disruptions caused. EaseMyTrip company is doing wrong with their customers. EaseMyTrip IPO will start on Date 8 March 2021 and will close on 10 March 2021 with an IPO Size of Rs. EaseMyTrip plans IPO in India. Further, a good welcome in the grey market and the possible listing gains are somethings that can be taken into consideration while making a decision. Choose your winners rationally in 3 simple steps! With that being said, any change in the expense or cost can leave back a huge impact on its bottom line. I AM FULLY SATISFIED WITH YOUR SERVICE . Share. IN. Inciting hatred against a certain community, 15 Business, finance, economy? EaseMyTrip IPO Review 6 Mar 2021 Read 9 Views In this seemingly blooming season of IPOs, companies from diverse industries are announcing their IPOs. Should you subscribe? Further, the compounded growth of the same stands at 25.50%. The ₹510 crore IPO of EaseMyTrip is now open for public subscription.The best thing about the travel aggregator is the cost-conscious model that sets it aside With the pandemic still active and the future of the travel industry being a big question mark, not much can be predicted accurately when it comes to the future of the company’s. IT HAS BEEN A GREAT EXPERIENCE WITH YOU… IT HAS BEEN A GREAT EXPERIENCE WITH YOU SO FAR. A huge portion of the company’s business comprises the sale of tickets such as flight and train tickets. Financials of the last 3 years (in million). The issue is priced at ₹186 to ₹187 per equity share. In this seemingly blooming season of IPOs, companies from diverse industries are announcing their IPOs. Let's reshape it today, Hunt for the brightest engineers in India. The last date for the subscription is Mar 10 2021. The minimum order quantity is 80 Shares. You have her attention. EaseMyTrip IPO is a main-board IPO of [.] The company has been showing a sound financial performance in the last 3 years, which comes as a thumbs up to investors. Ltd. | All Rights Reserved, Varishika Dinesh And amid it, Easemytrip, at a time when travel has taken a hit amid the Covid 19 outbreak, is planning to launch the first in the sector its IPO to amass funds to the tune of Rs. March 9, 2021 Copyright © 2021 Finology Ventures Pvt. Includes DocuBay and TimesPrime Membership. PLAN. So let’s find out if EaseMyTrip IPO will be a good deal for you or not. Varishika is on the verge of successfully completing B.Com. With a well-recognised brand name and a strong position in terms of market share, all happen to be cookie points for investors analysing the company’s profile. Copyright © 2021 Bennett, Coleman & Co. Ltd. All rights reserved. PLAN, Sharp Insight-rich, Indepth stories across 20+ sectors, Access the exclusive Economic Times stories, Editorial and Expert opinion. It is one of the leading OTAs in India. This might not only affect its revenue but affect its entire business in the short term. And the next in this line is the second-largest online travel company of India. EaseMyTrip IPO - Easy Trip Planners Limited is coming out with an IPO being launched on March 03, 2021. +Includes DocuBay and TimesPrime Membership. The promoters of the same include Mr Nishant Pitti, Mr Rikant Pittie and Mr Prashant Pitti. The company will not receive any fund … Reply. New Delhi: Online travel company EaseMyTrip has filed draft papers with capital markets regulator Sebi to float a Rs 510 crore initial public offering. Abhijit Bhattacharjee 1 review. The commission incurred from the same happens to make up a big part of their revenue. The amount the investor would be requiring in the case of maximum allotment is Rs. They vividly portray the aspects of the issue in this article. The online travel agency is looking to raise about $70 million through the sale of shares. 2-Year And the next in this line is the second-largest online travel company of India. The listing of the shares is estimated to take place on Mar 19. Find IPO Date, Price, Live Subscription, Allotment, Grey Market Premium GMP, Listing Date, and Review - EaseMyTrip ipo For reprint rights: It has online business which is improving leaps and bounds. EaseMyTrip IPO date is 8-10 March 2021. 510 crores and a price band of ₹186 – ₹187 Per Share. However, the brilliant in-house technicians have ensured flexibility and convenience in the usage of their apps and website. Updated: 15 Dec 2019, 10:51 AM IST PTI. Manu Manek: Why is he called the Black Cobra? EaseMyTrip IPO Review: Dates, Lot size, GMP, Price band, Investor Quota, Risks, Analyst Recommendations and LIVE Subscription Status. Updated: 13 … Useful. According to reports, the online travel website’s upcoming IPO may mobilize up to INR1,500 crore (INR15 billion).EaseMyTrip’s corporate parent Easy Trip Planners is believed to have started discussions with investment banks to launch the public offer. EaseMyTrip IPO Date, Review, Price Band & Market. Though we are happy with the advantages of the investment, let’s understand the risks associated with the same. Check out EaseMyTrip IPO Grey Market Premium aka EaseMyTrip IPO GMP, Kostak rates, and Subject to Sauda rates as of today. Advertisement EaseMyTrip IPO will start on Date 8 March 2021 and will close on 10 March 2021 with an IPO Size of Rs. The company, as part of the issue, will be selling about 510 crores worth of shares to the public via the offer for sale. And the stocks will be going live on both the stock exchanges NSE and BSE. The company, which can be categorised as B2B2C, B2C and B2E based organisation, is associated with about 400 domestic and international airlines, about 50, 000 registered travel agents and 10 lakh+ hotels. I have booked tickets on easemytrip website having details Booking ID - EMT79992158, PNR - 6PDAOQ for y IPO Review / EaseMyTrip IPO / By IPO Guru. IPO Opens on 08/03/2021. Answer – The Company is making an initial public offer of NA equity shares. Axis Capital Limited and JM Financial Consultants Private Limited will be acting as the lead book building managers. The company is experienced in extending a variety of products related to the travelling arena. Things to know before applying for EaseMyTrip IPO. Their marketing and sales expenses are also low. Check out our review on the EaseMyTrip IPO (Easy Trip Planners Limited IPO) and our recommendation if you should subscribe or avoid it. 2 per share is to be holding a price of Rs. There are no listed peers as of now. Dream run for EaseMyTrip ahead of IPO; shares trade at 90% premium in grey market, Easy Trip Planners IPO oversubscribed on Day 1, Easy Trip Planners IPO subscribed 3 times so far on Day 2, Easy Trip Planners IPO opens next week: All you need to know. Get EaseMyTrip IPO details. EaseMyTrip IPO। ईज़ी माय ट्रिप IPO लाने वाली देश की पहली ऑनलाइन ट्रैवल फर्म बनने की तैयारी में है। कंपनी की योजना मार्च 2021 के अंत तक 510 करोड़ रुपए का IPO … 15 EaseMyTrip.com is operated by Easy Trip Planners Private Ltd. (Photo: Reuters) EaseMyTrip files ₹ 510-crore IPO papers with Sebi 1 min read. EaseMyTrip is an Online Travel Agency (OTA), founded in 2008. The issue is entirely an offer for sale (OFS) by two promoters, who are selling Rs 255 crore worth of shares each in the price band of Rs 186-187. EaseMyTrip IPO Review FAQs Ques – What is the Issue Size of EaseMyTrip IPO? This will alert our moderators to take action. Tomorrow is different. Easy Trip Planners Limited (EaseMyTrip.com), incorporated in 2008, is ranked second among the Key Online Travel Agencies in India in terms of booking volume in the nine months ended December 31, 2020, and third among the Key Online Travel Agencies in India in terms of gross booking revenues in Fiscal 2020. New Delhi-based EaseMyTrip is reportedly looking to float its maiden public offer. 194,480. The subscription for the same will be opening on Mar 8 2021. EaseMyTrip IPO Subscription Status Till March 8 afternoon, the EaseMyTrip IPO was subscribed 1.22x times. Easy Trip Planner Ltd aims at offering solutions to the travelling problems of customers and individuals. An individual retail investor can subscribe for a minimum of 1 lot containing 80 shares which will be amounting to Rs. EaseMyTrip IPO GMP | MTAR Tech IPO GMP: MTAR Tech, Anupam Rasayan, Easy Trip Grey Market Premiums Surge Further. Easy Trip Planners, which operates the EaseMyTrip websites and mobile apps, is planning a stock market listing in India. And before you think of getting in on this interesting company, it becomes crucial to know certain key facts about the issue. This includes catering to generalised needs such as booking of travel tickets, train tickets and fulfilling the end to end or personal services such as taking care of your visa process, travel insurance and planning for your entire trip. The company, which came into existence in 2008, has now grown to become one of the largest trip planning organisations in the country. EaseMyTrip IPO: शेयर मार्केट पर निवेशकों ने बीती एक तिमाही में इनिशियल पब्लिक ऑफरिंग (IPO) से खूब कमाई की है. Why follow tips? The public issue is fully an OFS (offer For Sale). About Easy Trip Planners Limited. Monthly equity shares of the face value of ₹2 aggregating up to ₹510.00 Crores. EaseMyTrip IPO Easy Trip Planners Limited is an online travel agency in India. Read 1 more review about EaseMyTrip Only the latest review will count in the company's TrustScore Advertisement. Along with the efficient and brilliant managerial personnel in place, the company seems to be a good pick for anyone looking for an investment option. Review By Dilip Davda on Mar 3, 2021 • ETPL is in the online travel-related service industry. Negative thing in the IPO seems that it is diverting it's funds to unrelated fields. ... A stock market investor can buy EaseMyTrip IPO shares by applying in IPO before Easy Trip Planners Limited shares get listed at the stock exchanges. The Night of Ideas: 24 Hours Live to Feel "Closer", The Economic Times Digital Payments Forum, Ex-Blackstone MD who made 1,400% on MTAR IPO says no plan to sell remaining shares, Easy Trip Planners garners Rs 229 cr from anchor investors ahead of IPO. The IPO of EaseMyTrip will open on March 8 and remain open till March 10.The company has set the price band for the issue at ₹186 to ₹187 per share.The OTA Here is all you need to know about the EaseMyTrip IPO issue date, price, review and details etc. 14,960. Advertisement. PLAN, Yearly The ultimate aim behind the issue is to utilise the benefits associated with the listing. EaseMyTrip, an online travel aggregator, is set to launch its ₹510 crore IPO on March 8, 2021The 13-year old company has never raised money from private equity 510 crores and a price band of ₹186 – ₹187 Per Share. Aditya Birla Sun Life Tax Relief 96 Direct-Growt.. Easy Trip Planners IPO to open today. Check EaseMyTrip IPO review, price band, market lot, size, IPO form, listing and allotment details. The issue is entirely an offer for sale (OFS) by two promoters, who are selling Rs 255 crore worth of shares each in the price band of Rs 186-187. Strong brand names with enhanced technology in the right place to serve the customers and end-users have always proved to be beneficial for them. Nothing excites her more than reading books and watching movies. It was ranked 2nd in terms of booking volume in the nine months ended December 31, 2020, and 3rd in terms of gross booking revenues in Fiscal 2020 amongst key OTAs in India. |, Top 10 Indian Merger and Acquisition Deals, Ketan Parekh scam: All that you must know. EaseMyTrip IPO Review: Online travel agency Easy Trip Planners Ltd. (Easy Trip or EaseMyTrip), is planning to raise up to Rs 510 crore through an IPO (Initial Public Offer), which opens on 8th March 2021 and closes on 10th March 2021.The EaseMYTrip IPO price band is Rs 186 to Rs 187 per share.