EaseMyTrip IPO

 Dear Investor,

'EaseMyTrip’ or Easy Trip Planners Limited is an online travel company that offers booking services for airline tickets, hotels, and holiday packages, along with bus/train tickets and travel insurance and it is launching its IPO from 8th to 10th March 2021.

You can apply for this IPO on the Upstox platform by clicking here- Invest in IPO

Here’s more information on EaseMyTrip to make an informed decision:
EaseMyTrip operates in the B2B, B2C, and travel agent-driven B2B2C segments. The New Delhi-based company was founded in 2008 and has been profitable since incorporation. The company has financed its working capital requirements and business expansion through funds generated from its operations, equity infusion from its promoters, and debt financing. Another USP of the company is that it provides customers with the option of no convenience fee for ticket bookings.

Crucially, the company claims to have recovered 70% booking volumes in the third quarter of the Covid-hit FY21 versus the same period last year. Meanwhile, recovery in booking volumes for rivals such as MakeMyTrip and Yatra Online stood at 46% and 44%, respectively.

Price band: ₹186-₹187
Lot size: 80 shares
Cost per lot: ₹14,960
Issue date: 8 - 10 March 2021
Allotment date: 16 March 2021

You can learn how to apply for an IPO by   clicking here.

Happy Investing,
Team StockAlphabets