ECOS (India) Mobility & Hospitality Limited
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 27-08-2024 | 29-08-2024 | 2 per share | 0 | 44 Shares | BSE, NSE | 18,000,000 shares (aggregating up to ₹601.20 Cr) | 2024-09-01 18:30:00 | 2024-09-02 18:30:00 | 2024-09-02 18:30:00 | 03-09-2024 |
About The Company
ECO Mobility IPO is a book built issue of Rs 601.20 crores. The issue is entirely an offer for sale of 1.8 crore shares.
ECO Mobility IPO opens for subscription on August 28, 2024 and closes on August 30, 2024. The allotment for the ECO Mobility IPO is expected to be finalized on Monday, September 2, 2024. ECO Mobility IPO will list on BSE, NSE with tentative listing date fixed as Wednesday, September 4, 2024.
ECO Mobility IPO price band is set at ₹318 to ₹334 per share. The minimum lot size for an application is 44 Shares. The minimum amount of investment required by retail investors is ₹14,696. The minimum lot size investment for sNII is 14 lots (616 shares), amounting to ₹205,744, and for bNII, it is 69 lots (3,036 shares), amounting to ₹1,014,024.
Equirus Capital Private Limited and Iifl Securities Ltd are the book running lead managers of the ECO Mobility IPO, while Link Intime India Private Ltd is the registrar for the issue.
Refer to ECO Mobility IPO RHP for detailed information.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 30-03-2022 | 112 | 152 | 10 | 71.56 | 71.5 | 3.34 |
| 30-03-2023 | 230 | 425 | 44 | 115.13 | 115.07 | 32.95 |
| 30-03-2024 | 297 | 568 | 63 | 177.41 | 165.41 | 21.72 |
IPO Subscription Status
| Category | Subscription Times |
|---|---|
| Anchor Investors | 1 |
| Qualified Institutions | 136.65 |
| Non-Institutional Buyers | 71.17 |
| bNII (bids above ₹10L) | 74.66 |
| sNII (bids below ₹10L) | 64.19 |
| Investors | 19.66 |
| Total | 64.18 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 44 | 14696 |
| Retail (Max) | 13 | 572 | 191048 |
| S-HNI (Min) | 14 | 616 | 205744 |
| S-HNI (Max) | 68 | 2992 | 999328 |
| B-HNI (Min) | 69 | 3036 | 1014024 |
IPO Listing Details
| Listing Date | 03-09-2024 |
| BSE Script Code | - |
| NSE Symbol | - |
| ISIN | - |
| Final Issue Price | 0 |
Promoter holdings
The Promoters of the company, are Rajesh Loomba, Aditya Loomba, Nidhi Seth, Rajesh Loomba Family Trust and Aditya Loomba Family Trust.
Contact Information of the Company
ECOS (India) Mobility & Hospitality Limited
45, First Floor, Corner Market
Malviya Nagar,
New Delhi-110017
Phone: +91 11 41326436
Email: legal@ecorentacar.com
Website: https://www.ecosmobility.com/
IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: ecorentacar.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html
IPO Lead Manager
Equirus Capital Private Limited (Past IPO Performance) Iifl Securities Ltd (Past IPO Performance)