EaseMyTrip IPO Review: Market Guru Anil Singhvi predicts at least 50% listing gains
EaseMyTrip IPO Review: The Easy Trip Planners IPO (Initial Public Offer) is available for subscription from 8th March and will remain available till 10th March 2021.
EaseMyTrip IPO Review: The Easy Trip Planners IPO (Initial Public Offer) is available for subscription from 8th March and will remain available till 10th March 2021. Zee Business Managing Editor Anil Singhvi has suggested IPO bidders to 'Subscribe' EaseMyTrip IPO for bumper listing gains as the EaseMyTrip IPO size is very small and the EaseMyTrip IPO price band is also low that attracts IPO enthusiasts. The Market Guru categorically said that when he says bumper listing gains it means at least 50 per cent EaseMyTrip IPO listing gains that a bidder can expect on the EaseMyTrip IPO listing date.
Speaking on the EaseMyTrip IPO review Anil Singhvi said, "One should bid for the EaseMyTrip IPO for bumper listing gains and when I say bumper listing gains it means at least 50 per cent premium on EaseMyTruip IPO listing date. It can go to 75 per cent or may be 100 per cent or more, but it's for sure that people have a good opportunity to make money on the EaseMyTrip IPO listing date."
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On why he is so bullish on EaseMyTrip IPO listing gains, the Market Guru said, "The IPO size of Rs 510 crore is very small and the price band of the IPO is Rs 186-187 which is quite attractive for the IPO investors. Apart from this, the company has quite healthy profit margin that has grown from 19 per cent in March 2021 to 38 per cent in March 2021."
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Easy Trip Planners में बनेगा मोटा पैसा...
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Singhvi said that EaseMyTrip is in a fancy business of air ticket booking which is completely an online business. So, people are bound to go to the website for air ticket booking and hence the company is expected to further grow as its business model is raking moolah for the company.
However, he said that company has challenge coming in from IRCTC as the Indian Railways' PSU is planning to foray into the air ticket booking business.
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