Easy Trip Planners Limited which offered its IPO in 2021, gave a return of 344.84% in the last year and 74.53% in the last six months. The company has a market cap of Rs 8,699.21 and operates in the Online Travel Service Provider Industry.
Founded in 2008, Easy Trip Planners Ltd is an online travel agency that offers a range of travel-related products and services including flight tickets, train tickets, holiday packages, hotel booking, bus tickets, cab booking services, and other value-added services which include travel insurance, visa processing, etc.
EaseMyTrip’s IPO Opening date was March 8, 2021, with a price band of Rs 186 to Rs 187 per equity share and an issue size aggregating up to Rs 510.00 Cr. The IPO got listed on Mar 19, 2021.
Earlier on March 22, Easy Trip Planners Ltd’s board approved the allotment of bonus shares in the ratio of one share for every one existing share held by eligible shareholders. The board of directors at its meeting held on March 3, 2022, approved the allotment of 10.87 crore equity shares of the face value of Rs 2 each as fully-paid up bonus equity shares, in the ratio of one equity share of Rs 2 each for every one existing equity share of Rs 2 each.
In Dec 21 Quarter, Easy Trip Planner reported a net sales of Rs 86.56 Cr with an operating profit of Rs 51.54 Cr and a Net Profit of Rs 40.03 Cr. Its share is currently trading at a share price of ₹406.05 with a TTM PE of 76.95.
Disclaimer
The content in this news article is not investment advice. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.