Subscribe to Easy Trip Planners: Ventura Securities

Ventura Securities IPO report on Easy Trip Planners

Ease My Trip, established in 2008 provides investors with a unique opportunity to invest in the fast-growing online travel agency industry. Being bootstrapped, the management of the company has tended to be extremely cost conscious and this has enabled them to be profitable since inception. Their primary driver of business is that they do not charge a convenience fee and this is what sets them apart from their peers like Make My Trip, Yatra and Clear Trip.

Valuation and Outlook

At the higher price band of Rs 187 per share, Easy Trip Planners Ltd is valued at 25.5X FY23 earnings. We recommend a subscribe.