Axis Capital Limited

You are currently browsing the latest version of the Axis Capital corporate website. Please click here. to access the older website.
EaseMyTrip
Rs. 5,100 Mn

Primary Product

ECM

Secondary Product

IPO

Date

Mar 2021
EaseMyTrip
Rs. 5,100 Mn

Primary Product

ECM

Secondary Product

IPO

Date

Mar 2021
EaseMyTrip is India’s second largest OTA offering a comprehensive range of travel-related products and services for end-to-end travel solutions, including air tickets, hotels and holiday packages, rail tickets, bus tickets and cabs.
The transaction was launched in a volatile equity capital market environment with headwinds in the travel & tourism sector due to the pandemic.

Axis Capital positioned EaseMyTrip’s disruptive business model, as one builtby young and passionate promoters, highlighting the scalability, profitability, and sustainability of it India’s only profitable publicly listed OTA.

As left lead banker, Axis Capital was instrumental in handholding the company through the entire IPO process over the past 2 years to ensure a smooth and successful closure despite the COVID-19 pandemic. The IPO received strong responses from investors against the backdrop of the COVID-19 pandemic. The anchor book witnessed strong participation from both foreign and domestic investors with the entire book being allocated to long-only investors.
Axis Capital extensively marketed EaseMyTrip, attracting marquee foreign and domestic investors and generating demand from best-in-class anchors and converted the largest FII and DII anchor investors to build the momentum for the transaction, converting maximum FII investor bids in the book.

Transactions

Rectangle 18378 (5)
Rs. 13,980 Mn

Primary Product: 

ECM

Secondary Product:

IPO

Date:

Dec 2021
Rectangle 18384 (1)
Rs. 13,680 Mn

Primary Product: 

ECM

Secondary Product:

IPO

Date:

Dec 2021
Rectangle 18383
Rs. 31,490 Mn

Primary Product: 

ECM

Secondary Product:

IPO

Date:

Jan 2022
easemytrip
Rs. 5,100 Mn

Primary Product: 

ECM

Secondary Product:

IPO

Date:

Mar 2021