Easy Trip Planners Ltd. (ETPL) is ranked 2nd among
the Key Online Travel Agencies (OTA) in India in terms of booking volume in
9MFY21 and 3rd among the Key Online Travel Agencies in India in terms of gross
booking. ETPL is well known for its online tour web portal
EaseMyTrip.com. and EaseMyTrip.in. ETPL offers a comprehensive range of travel-related
products and services for end-to-end travel solutions. Company’s products and
services are organized primarily in the following segments: (i) airline
tickets, which consists of the sale of airline tickets as well as airline
tickets sold as part of the holiday packages; (ii) hotels and holiday packages,
which consists of standalone sales of hotel rooms as well as travel packages;
and (iii) other services, which 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
Here are some quick details
about this offer:
Issue period: March 08, 2021 to March 10, 2021
IPO Size: Rs. 510.0 Crore
Price band: Rs. 186 to Rs. 187
Bid lot: 80 Equity Shares and in multiples thereof.
Retail Category: Not less than 35% of the net offer
Easy Trip Planners Ltd has Net Sales /
Revenue of ₹ 100.11Cr & Net Profit
of ₹6.60Cr in FY2018 ; Net Sales / Revenue of ₹101.11
Cr & Net Profit of ₹29.30Cr in FY2019 and Net Sales /
Revenue of ₹140.99Cr & Net Profit of ₹34.60 Cr
in FY2020 & Net Sales / Revenue of ₹49.25Cr & Net
Profit of ₹31.10 Cr in 9 months of FY2021.
Net Worth of the Cos. Has increased from ₹44.00Cr in
FY2018 to ₹134.10 Cr in FY21 along with Net Profit Margin from 6.6% to 63.20%
in the same period.
We have valued the Price of each share based on EPV method and its comes at
X1.0 of its FY2021 earnings(9Months). Easy Trip Planners Ltd ‘s share is being offered at Fair
Value /at Par to its FY2020 (9Months) Earnings at the highest offer price of
Rs.187.00.
Source : Various Media Reports and RHP of the company.
Disclaimer
: We are / may going to take exposure shortly.
Join Us at Telegram
# https://t.me/TheNiftyNext
Data Source | NSE
Website | Screener.In | Capital Line | Money
Control |
The author tracks economic, behavioural and
corporate tends, hoping to gauge good avenues of return based on Fundamental
Valuations of Stocks, a follower of EPV method. You can reach me/us at | Twitter # NiftyNext1 | e-Mail :
Mail@NiftyNext.Com | Tel +91
8802230836 | Telegram # TheNiftyNext |
No comments:
Post a Comment
Thanks for Your Valuable comments. It will make Us to Serve You in Better Way. For Any STOCKS Query ,Please Call NiftyNext +91 880 2230 836.