Easy Trip Planners IPO
(i) Ease my trip offers the comprehensive range of travel-related products and services for end- o-end travel solutions, including airline tickets, hotels and holiday packages, rail tickets, bus tickets and taxis as well as ancillary value added services such as travel insurance, visa processing and tickets for activities and attractions. Ease my trip is ranked third among the Key Online Travel Agencies in India in terms of gross booking revenues in Fiscal 2019.
(ii) They have been consistently profitable since incorporation, and according to the CRISIL Report, they were the only profitable online travel agency among the Key Online Travel Agencies in India in Fiscals 2017, 2018 and 2019.
(iii) Based on year-on-year growth from Fiscal 2018 to Fiscal 2019 in terms of gross booking revenue and operating revenues, they had the highest growth rate among the Key Online Travel Agencies in India.
(iv) Gross Booking Revenues increased by 51.04% from ₹ 1945 C in Fiscal 2018 to ₹ 2937 Crores in Fiscal 2019, and were ₹ 2019 Crores in the six months ended September 30, 2019. Their market share in the Indian online travel agency industry in terms of gross booking revenues and gross booking revenues for airline ticketing segment was approximately 3.8%, and 4.5% to 5%, respectively, in Fiscal 2019 (Source: CRISIL Report).
Ease my trip Stats:
(i) As of November 30, 2019, they provided their customers with access to more than 400 international and domestic airlines, more than 1,096,400 hotels in India and in international jurisdictions, almost all the railway stations in India as well as bus tickets to and taxi rentals for major cities in India.
(ii) As of March 31, 2019, they had 49,494 travel agents registered with them across almost all major cities in India and according to the CRISIL Report, they had the largest network of travel agents among Key Online Travel Agencies as of such period.
Objects of the Easy Trip Planners IPO:
Easy Trip Planners IPO Details:
|Open Date:||Mar 08 2021|
|Close Date:||Mar 10 2021|
|Face Value:||₹ 2 Per Equity Share|
|Issue Type:||Book Building|
|Issue Size:||510 Cr.|
|Lot Size:||80 Shares|
|Issue Price:||₹ 186-187 Per Equity Share|
|Listing Date:||Mar 19 2021|
Promoters And Management:
Financials of Easy Trip Planners IPO:
|Employee Benefit Expenses||30||22||16||11|
|Profit before tax||41||41||10||27|
|No. of shares||10.86||10.86||10.86||10.86|
|EPS in Rs||2.85||2.21||0.00||1.85|
Comparison With Peers:
|Companies (in Cr)||FY20||FY19|
|Air ticketing||Hotels and holiday||Total||Air ticketing||Hotels and holiday||Total|