Eco Fuel Systems (India) Ltd
Pre Issue Shares
1,57,45,761
No. of Shares Issued
60,03,200
Pre Issue Equity Amt.
₹15.75 Cr
DP Filling Date
25 February 2025
Eco Fuel Systems (India) Ltd IPO Timeline
Eco Fuel Systems (India) Limited was originally incorporated as a Private Company as Eco Fuel Systems (India) Private Limited', dated January 31, 2003, with the Registrar of Companies, Mumbai. Subsequently, Company was converted into a Public Limited and a fresh Certificate of Incorporation dated 02nd October 2024 was issued by the Central Processing Centre, Mumbai, recording the change in the name of Company to Eco Fuel Systems (India) Limited.
Eco Fuel Systems (India) Ltd IPO Details
| Eco Fuel Systems (India) Ltd IPO Date | - |
| Eco Fuel Systems (India) Ltd IPO Face Value | - |
| Eco Fuel Systems (India) Ltd IPO Price | - |
| Eco Fuel Systems (India) Ltd IPO Lot Size | - |
| Issue Size | - |
| Fresh Issue | - |
| Offer for Sale | - |
| Issue Type | - |
| Listing At | - |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Virendra Maneklal Vora, Vibha Virendra Vora, Nemin Virendra Vora |
- Strengths
- Risks
- Opportunities
- Established and proven track record.
- Leveraging the experience of our Promoters.
- Experienced Management Team.
- Quality Assurance and Standards.
- Cordial Relationships with our Suppliers.
- Customer Focus.
- Optimal Utilization of Resources.
Company Financials
Eco Fuel Systems (India) Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 91.41 | 76.3 | 7.60 |
| 03-2023 | 77.43 | 47.98 | 1.76 |
| 03-2022 | 72.27 | 166.46 | 7.26 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding capital expenditure requirements by investment in purchase of vehicles, modification, development & approval cost.
- Funding the working capital requirements of the company
- Loan to subsidiary company, Ecofuel Cylinders Pvt Ltd to meet its working capital requirement
- General corporate purposes
Eco Fuel Systems (India) Ltd IPO Prospectus
Eco Fuel Systems (India) Ltd IPO Listing Date
| BSE Script | - |
| NSE Symbol | - |
| Listing In | - |
| IPO Price | ₹0 |
| Face Value | ₹10 |
Company Contact Information
No.202 Bellona Bldg Pant Nagar90 Feet Road Ghatkopar (E),Mumbai-400075
Phone: +91 90393 55216/+91 022 4089 5500
Email: ipo@ecofuelsystemindia.com
Website: www.ecofuel.in
Eco Fuel Systems (India) Ltd IPO Registrar
Eco Fuel Systems (India) Ltd IPO Lead Manager(s)
- Arihant Capital Markents ltd