Easy Trip Planners Ltd to launch it's ₹510 Crore IPO on March 8, 2021. Issue is open till March 10, 2021, at price band of ₹186-187/Share.

The company's founders Nishant Pitti and Rikant Pitti will each sell shares to the tune of ₹255 Crore through OFS.

The EaseMyTrip IPO market lot size is 80 shares. A retail-individual investor can apply for up to 13 lots (1040 shares @ ₹194,480).

Tentative Timetable

     

    The firm 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. 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.