How to Apply for Easy Trip Planners IPO?

The share market brings a lot of opportunities for investors to start their investing journey, one such way is investing in IPO. With the number of Initial Public Offerings in the list let’s know how to apply for Easy Trip Planners IPO.

Easy Trip Planners is an online travel agency catering to a large number of clients since 2008.

The company is now coming up with an IPO of ₹510 crores, going to release on March 08, 2021. Know how to apply for this upcoming IPO.

How to Apply for Easy Trip Planners IPO Online?

To apply for IPO make sure that you have a demat account with any of the financial institutions like Zerodha, HDFC Securities, Angel Broking, 5paisa, etc.

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If not, then fill in the details below and open a demat account for free. 

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Once your demat account is opened follow the steps below:

• Log in to the trading account or any of the trading platforms provided by the broker.
• Select the Easy Trip Planners IPO.
• Transfer funds from your bank to your trading account.
• Select the number of shares and price of Easy Trip Planners IPO at which you want to bid and click on Submit button.

On allotment of shares, they get credited to your demat account.

You can also apply for Easy Trip Planners IPO through ASBA and UPI method.

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How to Apply for Easy Trip Planners IPO ASBA? 

ASBA or Application Supported by Blocked Amount is an efficient method of IPO application. Using this method you block the amount for the IPO and released it from your account only when shares are allotted to you.

Here are the steps to be followed to apply for Easy Trip Planners IPO through ASBA:

• Login to the Net-Banking Portal of your bank account.
• Select the “Easy Trip Planners IPO application” from the menu.
• Fill in all the required information: Demat account number and PAN number.
• Select the shares and price at which you want to place the bid. The corresponding amount remains blocked in your account till the finalization of allotment.

Check out the Easy Trip Planners IPO Issue Date to stay updated with the timeline of the IPO.

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How to Apply for Easy Trip Planners IPO ASBA Offline?

Along with the online method, the ASBA process of applying IPO can be done offline too.

For this follow the steps below: 

• Visit the Self-Certified Syndicate Bank (SCSB) branch of the bank you have your account. You can check the bank list on the SEBI website.
• Also, you can download the form online from the BSE or NSE website.
• Fill in the important fields like Bank account number, PAN number, and Demat account number.
• Submit it to the branch of the bank. On submission, the bank blocked the amount in your account and send the application information to the respective stock exchange.
• The applicants can then check their allotment status on the date of allotment of IPO.

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How to Apply for Easy Trip Planners IPO UPI? 

Apart from this, you can apply for IPO online through the UPI method.

Next to ASBA, comes the UPI method to apply for Easy Trip Planners IPO. As most of you already know, UPI is an instant payment system developed by the National Payments Corporation of India.

Now to apply for an IPO using UPI, make sure you get your UPI ID registered with the broker or bank,

To make the process simple, follow the steps below:

• Register the UPI, and link your bank account with the UPI ID.
• Now login to the online portal of your bank account or the trading app provided to you by the broker.
• Select the IPO, and enter the bid price and the number of shares. The corresponding amount gets blocked in your account and will be debited only if the shares get allotted to you.

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Should You Apply for Easy Trip Planners IPO?

Now comes the question, of whether it is worthy to apply for this IPO.

Well! Easy Trip Planners is the second-largest travel agency in India, but due to the effect of the pandemic, it has shown slower growth in its income in the last year.

Also, the company is launching IPO with an objective to repay the debts.

So, it is good to look for all the parameters and to check for the future prospects of the company before planning an investment.

If you are ready to apply for the Easy Trip Planners IPO, then you can easily do that via online and offline methods. Just make sure you keep things and information of Demat Account number, Bank details, and PAN card number handy to avoid any last-minute rush.

Happy Investing!

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Still not having a Demat Account? Do Not Fret! Fill the form below and open a demat account for free without delay.

 

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