ECOS Mobility IPO Details
IPO Open Date: | August 28, 2024 |
IPO Close Date: | August 30, 2024 |
Face Value: | ₹2 Per Equity Share |
IPO Price Band: | ₹318 to ₹334 Per Share |
Issue Size: | Approx ₹601.20 Crores |
Offer for Sale: | Approx 18,000,000 Equity Shares |
Issue Type: | Book Built Issue |
IPO Listing: | BSE & NSE |
Retail Quota: | Not more than 35% |
QIB Quota: | Not more than 50% |
NII Quota: | Not more than 15% |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Anchor Investors List: | Click Here |
ECOS Mobility IPO Market Lot
The ECOS Mobility & Hospitality IPO minimum market lot is 44 shares with ₹14,696 application amount. The retail investors can apply up-to 13 lots with 572 shares or ₹191,048 amount.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 44 | ₹14,696 |
Retail Maximum | 13 | 572 | ₹191,048 |
S-HNI Minimum | 14 | 616 | ₹205,744 |
B-HNI Minimum | 69 | 3,036 | ₹1,014,024 |
ECOS Mobility IPO Dates
The ECOS Mobility & Hospitality IPO date is August 28 and the close date is August 30. The ECOS Mobility & Hospitality IPO allotment will be finalized on September 2 and the IPO listing on September 4.
IPO Open Date: | August 28, 2024 |
IPO Close Date: | August 30, 2024 |
Basis of Allotment: | September 2, 2024 |
Refunds: | September 3, 2024 |
Credit to Demat Account: | September 3, 2024 |
IPO Listing Date: | September 4, 2024 |
Promoters of ECOS Mobility & Hospitality
The promoters of the company are Rajesh Loomba, Aditya Loomba, Nidhi Seth, Rajesh Loomba Family Trust and Aditya Loomba Family Trust.
About ECOS (India) Mobility & Hospitality
Ecos (India) Mobility & Hospitality Limited has been providing chauffeur-driven mobility services to corporations in India for over 25 years. They offer chauffeured car rentals as well as employee transportation services to Fortune 500 companies and other leading organizations. The company has a pan-India presence covering 109 cities across 21 states and four union territories.
By Fiscal 2024 they have served more than 1,100 organizations by carrying out more than 3.1 million trips in total. The company has trained on it and has a fleet of 12000 vehicles which are all in different categories such as economy cars, luxury cars, vans, and specialty vehicles. It provides services to clients who are in a huge variety of fields e.g., IT, consulting, business process outsourcing (BPO), e-commerce, health care and even pharmaceuticals.
ECOS Mobility & Hospitality Company Financial Report
The company reported revenue of ₹3171.31 crores in 2024 against ₹1463.21 crores in 2023. The company reported a profit of ₹231.36 crores in 2024 against a loss of ₹13.34 crores in 2023.
Amount ₹ in Crores
Period Ended | Revenue | Expense | Profit After Tax | Assets |
2022 | ₹151.55 | ₹138.57 | ₹9.87 | ₹112.38 |
2023 | ₹425.43 | ₹367.14 | ₹43.59 | ₹229.71 |
2024 | ₹568.21 | ₹485.89 | ₹62.53 | ₹296.66 |
ECOS Mobility & Hospitality IPO Valuation – FY2024
Check ECOS Mobility & Hospitality IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
KPI | Values |
ROE: | 35.2% |
ROCE: | 46.4% |
EBITDA Margin: | 18.3% |
PAT Margin: | 11.0% |
Debt to equity ratio: | 0.12 |
Earning Per Share (EPS): | ₹10.42 (Basic) |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | 42.75% |
Net Asset Value (NAV): | ₹29.57 |
Peer Group Comparison
Company | EPS | PE Ratio | RoNW % | NAV | Income |
ECOS Mobility & Hospitality | 10.42 | NA | 42.75 | 29.57 | 5,68.21 Cr. |
Wise Travel India Ltd | 12.79 | 20.82 | 15.62 | 89.52 | 4,14.09 Cr. |
Shree OSFM EMobility Ltd | 7.02 | 23.73 | 15.24 | 58.64 | 1,19.06 Cr. |
Objects of the Issue
- The Company will not directly receive any proceeds from the Offer and all the Offer Proceeds will be received by the Selling Shareholders, in proportion to the Offered Shares sold by the respective Selling Shareholders as part of the Offer.
ECOS Mobility & Hospitality IPO Review
- IPO Watch – May Apply
- Canara Bank –
- DRChoksey FinServ –
- Emkay Global –
- Hem Securities –
- IDBI Capital –
- Marwadi Shares –
- Nirmal Bang –
- SBICAP Securities –
- Sharekhan –
- SMC Global –
- Sushil Finance –
- Swastika Investmart – Apply
- Ventura Securities –
- Geojit –
- Reliance Securities –
- Capital Market –
- BP Wealth –
- ICICIdirect –
- Choice Broking –
ECOS Mobility & Hospitality IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/initial_offer/public-issues.html
IPO Lead Managers aka Merchant Bankers
- Equirus Capital Private Limited
- Iifl Securities Ltd
Company Address
ECOS (India) Mobility & Hospitality Limited
45, First Floor, Corner Market
Malviya Nagar,
New Delhi-110017
Phone: +91 11 41326436
Email: [email protected]
Website: https://www.ecosmobility.com/
ECOS Mobility & Hospitality IPO FAQs
What is ECOS Mobility & Hospitality IPO?
When ECOS Mobility & Hospitality IPO will open for subscription?
What is ECOS Mobility & Hospitality IPO Investors Portion?
How to Apply the ECOS Mobility & Hospitality IPO?
What is ECOS Mobility & Hospitality Issue Size?
What is ECOS Mobility & Hospitality IPO Price Band?
What is ECOS Mobility & Hospitality IPO Lot Size?
What is the ECOS Mobility & Hospitality IPO Allotment Date?
What is the ECOS Mobility & Hospitality IPO Listing Date?
Note: The ECOS Mobility & Hospitality IPO price band and date are officially announced. The (ECOS Mobility & Hospitality IPO grey market premium) will be added to the IPO GMP page as it will start).
8 Responses
Each time no allotment
I am not able to see my allotment status
Why
Hi Pragati,
Please check the allotment via your pan or demat id.
i am so disappointed due to non allotment of IPO what will be do so that i will get the allotment of share?
Hi Hemin,
Keep applying IPOs to get the allotment, plesae follow our ipo allotment tips page for the same
Hi Srikanth,
Congratulation!
Send IPO forthcoming
Hi Bajoria,
Please keep vising our upcoming ipo page for day to day update of IPOs.