Easy Trip Planners Subscription Data: Details highlighted for Investors
Easy Trip Planners IPO subscribed 2.33 times. The public issue subscribed 12.58 times in the retail category, and 0.15 times in the NII category by Mar 8, 2021 5pm. Nirali Shah, Head of Equity Research, Samco Securities said that Easy Trip Planners is the only online travel company which is consistently profitable since inception. Airline tickets from 94% of its total revenues and it clocked the highest CAGR growth of 47% in Gross Booking Revenues from FY18 to FY20 as compared to Makemytrip (MMT) and Yatra’s 20% and -4% respectively.
Easy Trip Planners mantra for success is its unique business strategy wherein it provides its customers with an option of no-convenience fee: Reuters