IPO Issue Details
Issue Price / Price Band₹187 per share (Fixed Price)
Face Value₹2 Per Share
Lot Size80 Shares per Lot
Total Issue Size2,72,72,727 shares (aggregating up to ₹510.00 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryOffer For Sale
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenMon, 08 Mar 2021
Subscription CloseWed, 10 Mar 2021
Anchor AllotmentFri, 05 Mar 2021
Basis of AllotmentTue, 16 Mar 2021
Initiation of RefundsWed, 17 Mar 2021
Credit of Shares to DematThu, 18 Mar 2021
Listing DateFri, 19 Mar 2021
UPI Mandate Deadline2021-03-10
Application & Investment Details
Retail — Min (1 Lots)₹14,960 — 80 shares
Retail — Max (13 Lots)₹194,480 (13 Lots)
HNI — Min (14 Lots)₹2,09,440 — 1,120 shares
Pre-IPO Promoter Holding10,86,45,000 shares
Post-IPO Promoter Holding10,86,45,000 shares
About Easy Trip Planners Ltd.
Incorporated in 2008, Easy Trip Planners Ltd is the second largest online travel agency in India in terms of gross revenue. The online travel agency offers a range of travel products and services and end-to-end travel solutions including airline tickets, rail tickets, bus tickets, taxis, holiday packages, hotels, and other value-added services i.e. travel insurance, visa processing, etc.Easy Trip offers a range of online traveling services through its website and Ease My Trip android and iOS mobile app. The company follows B2B2C (business to business to customer), B2C (business to customer), and B2E (business to enterprise) distribution channels to offers its services.As of November 2019, the firm has served customers with more than 400 domestic and international airlines, and 1,096,400 hotels. As of March 2019, it had 49,494 registered travel agents across major cities of India.Competitive strengthsOne of the leading online travel agencies in India.Strong brand name and distribution network.In-house advanced technology infrastructure.Consistent financial track record and operational performance.
Objects of the Issue
Easy Trip Planners Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 To achieve the benefits of listing the Equity Shares on the Stock Exchanges and for the sale of 27,272,727 Equity Shares by the Promoter Selling Shareholders
Shareholding & Lock-in
Pre-IPO Promoter Holding
10,86,45,000 shares
Post-IPO Promoter Holding
10,86,45,000 shares
Lock-in Period (30%)April 15, 2021
Lock-in Period (50%)June 14, 2021