Ecos (India) Mobility & Hospitality Ltd
Price Range
₹318 - ₹334
Min. Quantity
44
Closes on
30 August 2024
Min. investment
₹14,696/572 Shares
Ecos (India) Mobility & Hospitality Ltd IPO Timeline
Ecos (I) Mobility & Hospitality Ltd was originally incorporated as 'ET TRAV-AIDES Private Limited' a Private Limited Company dated February 15, 1996, issued by the RoC. Thereafter, the name of the Company was changed to 'Ecos (India) Mobility & Hospitality Private Limited' pursuant to a fresh Certificate of Incorporation dated September 23, 2008. Again, the name was changed to 'Ecos (India) Mobility & Hospitality Limited' upon conversion to a Public Limited Company and a fresh Certificate of Incorporation dated March 22, 2024, was issued by the RoC.
| Event | Date |
|---|---|
| Ecos (India) Mobility & Hospitality Ltd IPO Opening Date | 28 August 2024 |
| Ecos (India) Mobility & Hospitality Ltd IPO Closing Date | 30 August 2024 |
| Basis of Allotment | 2 September 2024 |
| Initiation of Refunds | 3 September 2024 |
| Credit of Shares to Demat | 3 September 2024 |
| Ecos (India) Mobility & Hospitality Ltd IPO Listing Date | 4 September 2024 |
Ecos (India) Mobility & Hospitality Ltd IPO Details
| Ecos (India) Mobility & Hospitality Ltd IPO Date | 28 August 2024 to 30 August 2024 |
| Ecos (India) Mobility & Hospitality Ltd IPO Face Value | ₹2 per share |
| Ecos (India) Mobility & Hospitality Ltd IPO Price | ₹318 to ₹334 per share |
| Ecos (India) Mobility & Hospitality Ltd IPO Lot Size | 44 |
| Issue Size | Shares of ₹2 (aggregating up to ₹601.2 Cr) |
| Fresh Issue | Shares of ₹2 (aggregating up to ₹0 Cr) |
| Offer for Sale | Shares of ₹2 (aggregating up to ₹601.2 Cr) |
| Issue Type | (Book Built Portion) |
| Listing At | BSE, NSE |
| QIB Shares Offered | Not more than 36,00,000 of the Net Offer |
| Retail Shares Offered | Not less than 63,00,000 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 27,00,000 of the Net Offer |
| Company Promoters | Rajesh Loomba, Aditya Loomba, Rajesh Loomba Family Trust |
Ecos (India) Mobility & Hospitality Ltd IPO Lot Size
The Ecos (India) Mobility & Hospitality Ltd IPO lot size is 44 shares. A retail-individual investor can apply for up to 13 lots (572 shares or ₹1,91,048).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 44 | ₹14,696 |
| Maximum | 13 | 572 | ₹1,91,048 |
- Strengths
- Risks
- Opportunities
- India's largest and most profitable chauffeur driven mobility provider in a growing chauffeur driven mobility provider market in terms of revenue from operations and profit after tax for Fiscal 2023.
- Long-standing customer relationships with business synergies across business segments.
- Pan-India presence with operations in 109 cities in India.
- Established brand built over years through operational excellence.
- Comprehensive technology ecosystem enabling operational superiority.
- Robust financials with consistent performance.
Company Financials
Ecos (India) Mobility & Hospitality Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2023 | 229.21 | 416.26 | 41.65 |
| 03-2022 | 112.7 | 148 | 8.84 |
| 03-2021 | 107.4 | 104.93 | -2.79 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Listing of the Equity Shares on the Stock Exchanges
Ecos (India) Mobility & Hospitality Ltd IPO Promoter Holding
| Pre Issue Share Holding | 48.76% |
| Post Issue Share Holding | 32.26% |
Ecos (India) Mobility & Hospitality Ltd IPO Subscription Status (Bidding Detail)
The Ecos (India) Mobility & Hospitality Ltd IPO is subscribed 64.26 times on 30 August 2024 05:00:00 PM. The public issue subscribed 19.79 times in the retail category, 136.85 times in the QIB category, and 71.23 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 136.85 | 71.23 | 19.79 | - | 64.26 |
Ecos (India) Mobility & Hospitality Ltd IPO Prospectus
Ecos (India) Mobility & Hospitality Ltd IPO Listing Date
| Listing Date | 4 September 2024 |
| BSE Script | 544239 |
| NSE Symbol | ECOSMOBLTY |
| Listing In | BSE, NSE |
| ISIN | INE06HJ01020 |
| IPO Price | ₹334 |
| Face Value | ₹2 |
Company Contact Information
45 1st Floor Corner MarketMalviya Nagar,New Delhi-110017
Phone: +91 11 4132 6436
Email: legal@ecorentacar.com
Website: www.ecosmobility.com
Ecos (India) Mobility & Hospitality Ltd IPO Registrar
Ecos (India) Mobility & Hospitality Ltd IPO Lead Manager(s)
- Equirus Capital Pvt Ltd
- IIFL Securities Ltd
FAQ
What is the issue size of Ecos (India) Mobility & Hospitality Ltd IPO?
I have pre-applied for Ecos (India) Mobility & Hospitality Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.