Easy Trip Planners IPO listing gains: Massive returns expected on stock market debut for easemytrip.com operator

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 EaseMyTrip 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." Photo: Reuters

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 a healthy profit margin that has grown from 19 per cent in March 2021 to 38 per cent in March 2021."  Photo: Zee Business TV

Anil Singhvi of Zee Business went on to add that EaseMyTrip is in the 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. Photo: Reuters

However, Anil Singhvi maintained that the company has a challenge coming in from IRCTC as the Indian Railways' PSU is planning to foray into the air ticket booking business. Photo: Pixabay

Anil Singhvi said that Easy Trip Planners have attractive profit margins that have doubled from March 2019 to current date. He said that Easy Trip Planners profit margin in March 2019 was at 19 per cent which skyrocketed to 38 per cent at current scenario. The Zee Business managing Editor said that the performance is praiseworthy, especially when we look at it through the COVID-19 angle. Photo: Reuters