EaseMyTrip IPO- March 8, 2021
EaseMyTrip is an online travel agency and it is ranked second for the booking volumes. They are the most trusted in Indian travel industry due to the benefits and easy accessible travel products. They have a range of travel products and services such as 24*7 customer support, along with end-to-end travel solutions which includes airlines, rail tickets, bus tickets, taxis, holiday packages, hotels and other services too like travel insurance and visa processing . They offer best travel deals to the travelers which is also majorly known for the no-convenience fee. They have a strong network of 52,752 agents with this they also have a strong direct customer base of 9.2million. They have their own website, android and iOS mobile app which has easy access. They follow B2B2C, B2C and B2E distribution channels to offers their services.
Points to note before investing in EaseMyTrip IPO
Company Strengths
Well known travel agency in India
Strong brand name along with distribution network
Consistent track record of financial and operational performance
Dedicated in-house technology team and scalable infrastructure and software
Company Strategies
Lowest marketing and sales expenses as a percentage of its gross booking revenues in 2021 as per CRISIL report
Experienced management team with a strong track record
They depend on few airlines and online air ticketing for bulk of its revenue.
EaseMyTrip IPO Details
IPO Opening Date
| March 8, 2021
|
IPO Closing Date
| March 10, 2021
|
Issue Type
| Book Built Issue IPO
|
Face Value
| ₹2 per equity share
|
IPO Price
| ₹186 to ₹187 per equity share
|
Market Lot
| 80 Shares
|
Min Order Quantity
| 80 Shares
|
Listing At
| BSE, NSE
|
Allotment , Listing and Refunds details
IPO Open Date
| March 8, 2021
|
IPO Close Date
| March 10, 2021
|
Basis of Allotment Date
| March 16, 2021
|
Initiation of Refunds
| March 17, 2021
|
Credit of Shares to Demat Account
| March 18, 2021
|
IPO Listing Date
| March 19, 2021
|
We hope this information was helpful. For more details, you can post your queries below and we will be happy to share it with you.
Thank You!