Easy Trip Planners - IPO | Motilal Oswal
Easy Trip Planners - IPO | Motilal Oswal

Easy Trip Planners - IPO

Spurred on by the positive reception for upcoming IPOs from the public, more and more companies are coming to the fore with their own new IPOs. The latest public issue to be notified comes from Easy Trip Planners. Continue reading if you’re interested to get to know more Easy Trip Planners IPO details.  

About the company

Despite coming quite late into the field of travel planning, Easy Trip Planners has managed to grab the second position among the plethora of online travel agencies in India as of December 31, 2020. That’s not all, in terms of gross revenue, the company is currently in the third position, nudging out even bigger names with larger brand equity.

Easy Trip Planners’ service portfolio is very extensive and includes airline ticket and hotel booking, rail ticket booking, bus and taxi ticket booking, holiday packages, and other end-to-end travel solutions. In addition to these services, the company also provides visa processing services and travel insurance. All of the services that are provided by the company is done through its own brand - ‘Ease My Trip’.

Easy Trip Planners IPO details

Okay so, now that you’ve gotten a fair idea of the company, let’s get down to the interesting part. Here are some of the most important Easy Trip Planners IPO details including the Easy Trip Planners IPO date and the Easy Trip Planners IPO share price.

Easy Trip Planners IPO date

The upcoming IPO issue from Easy Trip Planners is scheduled to open up on March 08, 2021. The issue would then come to a close on March 10, 2021.

Easy Trip Planners IPO issue size

The entire new IPO issue of the company is an Offer for Sale (OFS) from its promoters. Around Rs. 510 crores worth of shares are to be sold to the public through this offer. Two promoters - Mr. Nishant Pitti and Mr. Rikant Pittie are the ones selling their shares to the public through this latest IPO.

Easy Trip Planners IPO share price

The share price band of this latest IPO has also been notified. The company has opted to keep the price band narrow at Rs. 186 to Rs. 187 per equity share.

Easy Trip Planners IPO listing

As with almost all the upcoming IPOs that are seeing light these days, the Easy Trip Planners’ new IPO would also be listed on both the BSE as well as the NSE.

Before commencing online trading, always remember to open a Demat Account and Trading Account with a trusted and reliable financial partner.

If you already have an existing account, you can login to trade and invest in the IPO.

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