#easemytrip ipo

[top-3-ai-marketers]

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[wiseedition]

Anurag Batra Expresses His Views - Growth of Hotel Industry After the Covid Stricken Years

Anurag Batra BW is a serial entrepreneur, media mogul, a journalist and an eternal optimist rolled into one. Since taking over BW Businessworld, Mr. Batra has expanded BW Businessworld into digital, events and BW communities and has taken into its fold digitalmarket, a leading website on digital marketing, www.everythingexperiential.com India’s leading experiential marketing website and launch BW Hotelier in partnership with hotelier international.

Anurag Batra is also appointed by Government of India as the Chairman of an industry committee formed to come up with a vocational training framework for the media, communication and entertainment industry. Annurag Batra, Chairman & Editor-in-Chief of BW Businessworld & Founder and Editor-in Chief of exchange4media Group enunciates his views on how after a horrid two years, the hotel industry is well on the road to profitability.

At long last a consistent uptick in travel, both domestic and international, is enabling the revival of the travel and hospitality sector in India. With more people travelling within the country, affiliated businesses are seeing a big uptick too. According to Dr. Annurag Batra, this is good news for the tourism and hospitality sector that is among the largest employment generators in India. It is a sector that brings in significant foreign exchange earnings and foreign tourist arrivals are steadily on the rise, with each passing month bringing more overseas into the country.

The latest cover story package by Mr. Anurag Batra and BW Businessworld captures the resurgence of the hotel industry that seems to be jogging back towards profitability after the major lows of the pandemic-induced lockdowns and the resultant closures, lay-offs and financial losses. “For the first quarter (April-May-June), all key operating metrics of the hospitality sector, including the Revenue per available room (RevPAR), Average Room Rate (ARR), and Occupancy Room Rate (ORR), were way ahead of the pre-pandemic levels”, Anurag Batra highlights in his latest article.

The expert also points out that metro cities like Mumbai, Delhi and others, saw record occupancy levels According to HVS ANAROCK, a leading hospitality consulting and transaction advisory joint venture, the ORR and ARR have been able to sustain over the pre-pandemic levels in the first quarter of FY 2022-23, indicating a strong recovery. The pan-India occupancies in June 2022 reached the 65 per cent mark (three per cent up from June 2019) along with higher ARR at Rs 5,850 (10 per cent up from June 2019), Mr. Anurag Batra says.

“The report says that the RevPAR also improved 13 per cent compared to the pre-pandemic levels for the month. The Indian Hotels Company (IHCL), the country's largest hospitality player with a presence in more than 100 centres, reported its best first quarter in the company’s history. Other listed hotel companies also posted robust financial performances for the first quarter, riding on the back of a resurgence in the travel segment”, Anurag Batra, Editor-in-Chief of the BW Businessworld Group highlights in his latest editor’s report.

Sensing an on-ground turnaround of the hospitality sector, the Union Cabinet recently approved a proposal to raise the Emergency Credit Line Guarantee Scheme limit for the travel, tourism and hospitality sectors. In this special feature package Anurag Batra Businessworld Group also spotlight the corresponding turnaround in the business of online travel agencies. Dr. Anurag Batra take an in-depth look at the remarkable turnaround of MakeMyTrip in the last two years and take stock of the company’s growth plans and new strategies. The article concludes with the insightful interview of Dr. Anurag Batra with the Co-promoter of EaseMyTrip that had made a successful IPO last year.

[coolnayasaveralove]

EaseMyTrip IPO Opens: सोमवार से खुला चुका है 510 करोड़ का IPO, जानें निवेश करने का विवरण

EaseMyTrip IPO Opens: सोमवार से खुला चुका है 510 करोड़ का IPO, जानें निवेश करने का विवरण

EaseMyTrip IPO Opens EaseMyTrip IPO Opens: सोमवार से खुला चुका है 510 करोड़ का IPO, जानें निवेश करने का विवरण नई दिल्ली: भारत की दूसरी सबसे बड़ी ऑनलाइन ट्रैवल एजेंसी EaseMyTrip का IPO सोमवार से खुल गया है। यह IPO 10 मार्च को बंद हो जायेगा। IPO के जरिए कंपनी की 510 करोड़ रुपये जुटाने की योजना है। वहीं कंपनी की इश्यू का प्राइस बैंड 186-187 रुपए तय हुआ है। EaseMyTrip की लिस्टिंग BSI और NSE दोनों…

[moneyworks4meblog]

Finally, an e-commerce company is out with an IPO? What does the valuation tell you? What is our recommendation on this IPO?

 Check out here.

[newsoholic24x7]

EasemyTrip Review: Offers, Share, Coupon

EasemyTrip Review: Offers, Share, Coupon

EasemyTrip Review: Offers, Share, Coupon Do you want to go somewhere but have no idea where to start? Don’t worry, it happens to the best of us! And now there’s help, in the form of Easemy Trip, an app that allows users to share their travel plans with other people and get money-saving tips from them as well as coupons and offers from nearby stores and businesses. Here are five ways Easemy Trip…

[eazeetraders]

(via इजीमायट्रिप के आईपीओ (Easemytrip IPO) में कैसे निवेश करे? » EazeeTraders.com)

[dalanmendonca]

Has India's startup ecosystem arrived?

It's a wonderful time to be in India's startup ecosystem. From the start of this calendar year, India has birthed 12 unicorns. Zomato released its draft red herring prospectus and made it's the IPO decision official. Since 2016, Jio has dropped data prices for 100s of millions of people and made Indians amongst the world's highest data consumers. Thanks to homemade success stories like Flipkart, Paytm, Swiggy, Nykaa and more; young people around the country are using consumer products made by someone just like them. Super-inspiring. Even being a founder carries less stigma than it did 10 years ago.

These are all healthy signs of potentially good times. Yet it's easy to be sceptical. India's startup ecosystem is over-capitalised compared to it's peers. The Indian ecosystem thanks to cultural ties with the US and the alleged TAM of "1 billion+ consumers" is able to draw in capital. Reality remains far more sobering. Zomato is but the rarest of exceptions in going IPO (OK there was EaseMyTrip too, congrats but eww). There are others lined up too, but we'll have to see how many materialise, and more importantly materialise in India. While from an ease of capital raising perspective, it is better to IPO overseas, from a psychological perspective it is better if they IPO locally though I'm not sure if company promoter's care. IPOs are a lagging indicator of system maturity. More troubling, well, is India itself. Douglas Hofstadter describes how software eventually bottoms out at hardware. Our hopes of creating a dynamic new India with a billion consumers are pointless if the economy is flatlining and there are no consumers with disposable income. India is a classic case of premature deindustrialisation despite having a human capital windfall like China. The median age in India is 28 years, young and ready to work but India sadly has completely botched the opportunity to reap its demographic dividend. As the population gets older and the hype of billions of young Indians eager to do new things wears off, this sobering reality will seep into external expectations too. We have lots of young people but they're mostly unskilled, poor, and getting nothing but older. This says nothing about India's failure to invest in and make any meaningful technological progress. We're barely starting to contribute to open-source software, while we need to go full guns blazing into building trains, planes, roads, factories and what not. It was sad that during the US-China trade war when American companies were looking for new locations, the victors were Thailand and Vietnam! Ouch! Neither was India ready, nor did it react fast enough. Oh I don't even want to mention that even China still far short of it's goals of technological independence. Huawei went from the world's largest smartphone manufacturer to (almost) nothing due to the semiconductor ban on them by the US. Insane! And multiple efforts by China to kickstart semiconductor manufacturing by China have mostly failed despite state blessings. India is not even playing the game!

Despite having dedicated far more words to the bear case, I remain hopeful. Just less hopeful than before, and hopeful for a smaller subset of Indians. Life can be full of surprises. I've been impressed by the some consumer product innovation that don't resemble anything found elsewhere, which means someone sat and put their brains together. India's current bubble is EdTech, which is good news. We first focused on E-commerce, but the truth is that we barely had malls and formal commerce. We're a country who buys from Kirana shops (Dukaantech is rage, and hopefully drives efficiencies there. TBD). Education however is our dream and lifeblood and it's good that the market figured out an Indian problem.

[jobaaj]

Incorporated in 2008, Easy Trip Planners Ltd is the second largest online travel agency in India in terms of gross revenue. The online travel agency offers a range of travel products and services and end-to-end travel solutions including airline tickets, rail tickets, bus tickets, taxis, holiday packages, hotels, and other value-added services i.e. travel insurance, visa processing, etc.

Topics Covered:-

Company’s Background

 Business Model

Revenue/Profits

Growth Prospect of this Industry  

Company Valuations

IPO Details

Pros of Investing

Cons of Investing

Conclusion

 By CA Saksham Agarwal

[moneycafe]

r/IndiaInvestments - EaseMyTrip IPO: "The Ken" says they weren't able to verify any of the claims made by the Company

r/IndiaInvestments – EaseMyTrip IPO: “The Ken” says they weren’t able to verify any of the claims made by the Company

https://the-ken.com/story/journey-to-the-centre-of-easemytrip/ This is behind a paywall. But someone has posted a partial screenshot from the page – https://i.imgur.com/OyL5llP.png Nishant Pitti claims his company is the third largest OTA in terms of airline tickets sold in 2018-19, selling over 20,000 tickets daily. But during weeks of extensive reporting for this story, The Ken was unable to…

[insightdeal]

Passengers are boarding the EaseMyTrip IPO from the Upstox terminal!

You can catch it too between 8th - 10th March with a price band of ₹186-₹187 per equity share & a lot size of 80 shares. Tap here to catch it before it takes off!Click here to open free account

👇

https://upstox.com/open-account/?f=FS0756

[jishyamgupta]

EaseMyTrip IPO: 8 मार्च, 2021 को 510 करोड़ रुपये सदस्यता के लिए खुलेगा

EaseMyTrip IPO: 8 मार्च, 2021 को 510 करोड़ रुपये सदस्यता के लिए खुलेगा

इस महीने सोमवार 8 मार्च को Easy Trip Planners Limited का EaseMyTrip IPO निवेश के लिए खुलने वाला है। बाकि आईपीओ के बिच इस साल पहली बार EaseMyTrip IPO ट्रेवल क्षेत्र की कंपनी का आईपीओ देखने को मिल रहा है। ये कंपनी एक ऑनलाइन बुकिंग ट्रेवल एजेंसी कंपनी है जो आईपीओ के जरिये अपने कारोबार को बड़ा करना चाहती है।  EasyMyTrip आईपीओ विवरण: IPO Date: Mar 8th to Mar 10th, 2021Total Shares for…

[newsmatters]

Dream run for EaseMyTrip ahead of IPO; shares trade at 90% premium in grey market

Dream run for EaseMyTrip ahead of IPO; shares trade at 90% premium in grey market

Online travel company Easy Trip Planners’ initial public offering (IPO) opens for subscription on March 8. The company has fixed the price band at Rs 186-187 per share and aims to raise Rs 510 crore. The grey market is gung ho over the IPO, thanks to the bulls taking charge of the secondary market. Grey market premium of the New Delhi-based company has surged to Rs 166-170 in the unofficial…

[noncyowen]

EaseMyTrip, realty firm Puranik Builders and 2 others get nod for IPO As many as four companies, including online travel firm EaseMyTrip and realty firm Puranik Builders, have received…

[inventivaindia]

EaseMyTrip plans for Rs 700 crore IPO

EaseMyTrip plans for Rs 700 crore IPO

EaseMyTrip, which is an online travel company, has now filed draft papers with the capital market regulators Sebi to float an INR 510 crore IPO.

Via the IPO, the company founders Rikant and Nishant will each sell shares to the tune of INR 255 crore via offer for sale mechanism, according to the draft papers filed with the Securities and Exchange Board of India (SEBI).

EaseMyTrip is owned and…