NEW DELHI: The share allotment of Easy Trip Planners IPO will be finalised on Tuesday. The Rs 510 crore issue, which was sold between March 8 and 10, was a big hit with investors, as it mopped up bids worth 159.33 times the issue size.
Easy Trip Planners is a travel company, which was ranked second among the key online travel agencies in India in terms of booking volumes during the nine months ended December 31, 2020. The travel company was the only profitable online travel agency among the key online travel agencies in India during FY18-20 in terms of net profit margin.
The company has access to 400 international and domestic flights and around 11 lakh hotels in India and abroad. The travel agency has 96 lakh registered customers and a network of close to 60,000 travel agents.