Hi Vivek,
Yes, that is possible with our plugin.
Each coupon will have a unique URL like this:
http://example.com/?alg_apply_coupon=your_coupon_code
where alg_apply_coupon
can be customized, and your_coupon_code
is your actual coupon code.
As for redirection – you have two options: either redirect all URL coupons to the same page, or set redirect URL for each coupon separately (both options are in “WooCommerce > Settings > URL Coupons > General > Redirect Options”).
Hope that helps. Please let me know if you have any questions.