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    Ease My Trip IPO: Is the flight worth taking?

    Investors may consider boarding Ease My Trip for a short trip and not for the long haul

    Madhuchanda Dey
    March 09, 2021 / 04:54 AM IST
    Ease My Trip IPO: Is the flight worth taking?

    Representative image

    PRO Only Highlights
    -      Quarterly performance largely backed by improved realisations
    -      Medium-term triggers China plus and protectionist measures for tyre industry
    -      Valuations not inexpensive; but improved medium-term outlook

    Highlights - Growing at a scorching pace with profitability - A discount OTA with cost management in focus - Share of OTA in travel industry to go up in future - Too many unanswered questions on promoter integrity, sudden jump in margin etc. - Super premium valuation – pocket the listing gain and wait on the sidelines Ease My Trip is hitting a red hot market with an offer for sale. And kudos to the promoters and bankers for the perfect timing when exuberance is at...

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