About Easemy trip IPO
Easemy trip were ranked third among the Key Online Travel Agencies in India in terms of gross booking revenues in Fiscal 2019.
Easemy trip have been consistently profitable since incorporation, and according to the CRISIL Report, Easemy trip is the only profitable online travel agency among the Key Online Travel Agencies in India in Fiscals 2017, 2018 and 2019.
Based on year-on-year growth from Fiscal 2018 to Fiscal 2019 in terms of gross booking revenue and operating revenues, Easemy trip had the highest growth rate among the Key Online Travel Agencies in India .
Company Gross Booking Revenues increased by 51.04% from ₹ 19,450.63 million in Fiscal 2018 to ₹ 29,377.75 million in Fiscal 2019, and were ₹ 20,198.60 million in the six months ended September 30, 2019.
Easemy trip 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 .
Easemy trip offer a comprehensive range of travel-related products and services for end-to-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.
As of November 30, 2019, Easemy trip provided 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. In addition, as of March 31, 2019, we had 49,494 travel agents registered with us across almost all major cities in India and according to the CRISIL Report.
Easemy trip believe that the strength of our brand, the quality of our services, our user-friendly websites (www.easemytrip.com and www.easemytrip.in), android and iOS based mobile applications (EaseMyTrip).
FINANCIAL STATEMENTS (easemy trip ipo)
|Particulars||For the year ended (₹ in Million)|
|Profit After Tax||198.73||1.84||201.06|
Easemy trip Competitive Strengths
One of the leading online travel agencies in India with a customer focused approach, including the option of no-convenience fee.
Consistent track record of financial and operational performance with lean and cost efficient operations.
In-house advanced technology and analytics capabilities.
Wide distribution network supported by a hybrid platform.
Well-recognized brand with a targeted marketing strategy.
Who is the promoters of the company?
Mr. Nishant Pitti, Mr. Rikant Pittie and Mr. Prashant Pitti are the Promoters of Easemy trip.
OBJECTS OF THE OFFER
- The objects of the Offer are to achieve the benefits of listing the Equity Shares on the Stock Exchanges and for the sale of up to [●] Equity Shares by the Selling Shareholders aggregating up to ₹ 510 crore.
- Easemy Trip expects that listing of the Equity Shares will enhance our visibility and brand and provide liquidity to its existing Shareholders. Our Company will not directly receive any proceeds from the Offer and all proceeds from the Offer will be received by the Selling Shareholders, in proportion to the Equity Shares offered by them in the Offer for Sale.
Easemy Trip IPO details
|Issue Type||Book Built Issue IPO|
|Offer for Sale||[-] Equity Shares of ₹2|
(aggregating up to ₹510 Cr)
|Fresh Issue||[-] Eq Shares of ₹2|
(aggregating up to ₹510.00 Cr)
|Face Value||₹2 Per Equity Share|
|Issue Price||[-] to [-] Per Equity Share|
|Min Order Quantity|
|Listing At||BSE, NSE|
Easemy Trip IPO Subscription Status:
|Check IPO Allotment Status:|
|Click on this Link: updated later|
|Company contact information|
|Registered and Corporate Office: 223, FIE Patparganj Industrial Area, East Delhi, Delhi – 110 092, India|
Contact Person: Ms. Preeti Sharma, Company Secretary and Compliance Officer
E-mail: [email protected]: www.easemytrip.comTelephone: +91 11 4313 1313Corporate Identity Number: U63090DL2008PLC179041
|Easemy Trip IPO Registrar Info:|
|KFin Technologies Private Limited (formerly known as “Karvy|
Fintech Private Limited”)
Selenium Tower-B, Plot No. 31 & 32 Gachiboiwli,
Financial District, Nanakramguda,
Hyderabad – 500 032
Telephone: +91 40 6716 2222
E-mail: [email protected]
Investor Grievance E-mail: [email protected]
Contact Person: Mr. M. Murali Krishna
SEBI Registration No. INR000000221