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.
Nearly 90 per cent of the company’s revenues comes from the sale of air tickets while the remaining comes from hotel bookings. The company has tie-ups with most of the domestic airlines and 23 hotel aggregators. Due to these tie-ups, the company has been able to provide attractive deals to travellers. It does not charge any convenience fee from customers.
However, analysts said the company’s financial performance at operating level has been inconsistent, considering its market positioning among the key online travel agencies (OTAs), but feel it has a scalable business model, and growth has been in excess of the sector as is its ability to generate cash.
Investors, who had bid for the issue, can check the allotment status on the BSE website:
1) Visit
https://www.bseindia.com/investors/appli_check.aspx
2) Under the issue type, click Equity
3) Under the issue name, select Easy Trip Planners in the drop box
4) Write the application number
5) Add the PAN card ID
6) Click on ‘I am not a Robot’ and hit search.
You can also check the allotment status on the online portal of KFintech Private Limited, the registrar to the issue. The registrar is a Sebi-registered entity, qualified to act as such and which electronically processes all applications, and carries out the allotment process as per the prospectus.
The registrar is responsible for complying with the timelines for updating the electronic credit of shares to successful applicants, dispatch, and uploading of refunds, and attending to all investor-related queries after the issue is completed.
1) Go to the web portal of KFintech Private Limited
2) Select the IPO in the drop box, whose name will be populated only if the allotment is finalised
3) You may be required to select either one of the three modes: Application number, Client ID or PAN ID
4) In application type, select between ASBA and non-ASBA
5) Enter the details of the mode you selected in Step 2
6) For security purpose, fill the captcha accurately
7) Hit submit.
