Check out EaseMyTrip IPO Grey Market Premium aka EaseMyTrip IPO GMP, Kostak rates, and Subject to Sauda rates as of today.
EaseMyTrip IPO will start on Date 8 March 2021 and will close on 10 March 2021 with an IPO Size of Rs. 510 crores and a price band of ₹186 – ₹187 Per Share. EaseMyTrip IPO will be listed on BSE and NSE
EaseMyTrip started its operations in 2008 where its main focus was on B2B2C which is an acronym for Business to Business to Consumer distribution channel which is one of its own. Business to Business as in it provides access to the travel agents across India to provide domestic travel plans to the people who still prefer traditional ways of booking their tickets which captures the eye of offline market. Business to Consumer which means that if you don’t want to go to the traditional ways, you can directly plan your travel plans online with the help of their android application as well as its website.
With the help of B2B2C and B2C the company was able to make its debut in B2E segment in 2013 where EaseMyTrip is able to provide end to end travels solutions to corporates.
EaseMyTrip Profile
EaseMyTrip is a leading name in the highly competitive online travel agency market with offices in Indian and international cities. The company was started in the year 2008 with the objective to solve the problems of small B2B agents by providing them with one stop platform to make all their bookings. Presently being the only company in the sector with the ability to deliver scale and profits, it has remained profitable every year since inception. The company has not only created a lean & efficient organization, but has successfully worked on a unique business model that effectively targets both online and offline customers. Its unique marketing strategy allows it to tap into a larger customer base while building customer stickiness.
The main objective of the company is to provide travellers with valuable travel services at competitive and transparent rates. It has public its presence at every pin-code in India through agent network, offices and franchises. Headquartered in New Delhi, the company has earned the status of a limited company this year. It has fully owned offices across key cities of India such as Noida, Bangalore, Mumbai and Hyderabad. The worldwide offices (as subsidiary companies) are located in Singapore, Dubai and London.
EaseMyTrip Products and Services
EaseMyTrip has a comprehensive range of products and services which are related to Travel where the company caters to the passengers travelling from any domestic trips or any International trips. The company provides their customers with various tools which can be useful for them to research, plan, book and purchase travel products and services in India as well as outside India. There are three main segments in which EaseMyTrip has its expertise.
Airline Tickets: You can book airline tickets directly through the platform separately or can also come with the package that you choose.
Hotels and Holidays Package: This segment comprises of selling of hotel rooms separately as well as with the travel packages where basic Travel necessities will be included.
Other Travel Services: This segment consists of rail tickets, bus tickets, taxi rentals and ancillary value added services such as travel insurance, visa processing and tickets for activities and attractions.
EaseMyTrip 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
Experienced management team with an established track record
Disclaimer:
– IPO Grey Market Premium (EaseMyTripIPO GMP) mention is valid for the specific date as mentioned in the header. – We are not buying and selling IPO forms on IPO Grey Market. – Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue. – Do not subscribe for IPO by just seeing the premium Price as it may change anytime before listing. Subscribe only considering Fundamentals of the companies.