ECOS (India) Mobility & Hospitality Limited IPO

ECOS (India) Mobility & Hospitality Limited IPO

ECOS (India) Mobility & Hospitality Limited is a company involved in the mobility and hospitality sectors in India. Here’s an overview:

Overview

  • Industry Focus: The company operates primarily in the transportation and hospitality industries. This includes services like vehicle rentals, fleet management, and possibly accommodation or related hospitality services.
  • Mobility Solutions: ECOS (India) likely provides a range of mobility solutions, including leasing or renting vehicles to corporate clients, managing fleets for organizations, and offering transportation services to various sectors.
  • Hospitality Services: In the hospitality segment, the company may provide services related to corporate accommodations, travel arrangements, and possibly the management of hospitality facilities.

Business Operations

  • Corporate Clients: ECOS (India) Mobility & Hospitality Limited typically caters to corporate clients who require managed transportation and mobility solutions, including employee transport services, logistics support, and event-related transportation.
  • Fleet Management: The company might offer fleet management services, which could include vehicle procurement, maintenance, and operational management.

Market Position

  • Partnerships and Clients: The company likely has partnerships with various corporates and organizations, offering tailored solutions to meet the specific mobility and hospitality needs of its clients.
  • Growth Prospects: As urbanization and the corporate sector expand in India, the demand for managed mobility solutions and corporate hospitality services is expected to grow, potentially benefiting companies like ECOS.

Key Points

  • Diversified Services: The combination of mobility and hospitality services allows ECOS (India) to offer a broad range of solutions to its clients.
  • Customer Focus: Their services are likely tailored to the needs of businesses, providing convenience and efficiency in transportation and accommodation.

ECOS (India) Mobility & Hospitality Limited IPO Tentative Timetable

ParticularDate
IPO Open Date28 Aug 2024
IPO Close Date30 Aug 2024
Allotment Date02 Sep 2024
IPO Listing Date04 Sep 2024

ECOS (India) Mobility & Hospitality Limited IPO Details

Issue TypeBook Built Issue IPO
Face ValueRs. 2 Per Equity Share
IPO PriceRs. 318 to Rs. 334 Per Equity Share
Market Lot44 Share
ISIN Code
Listing AtNSE, & BSE
Issue SizeApprox. Rs. 601 Crore.

ECOS (India) Mobility & Hospitality Limited IPO Lot Size

ApplicationLotsSharesAmount
Minimum144Rs. 14696
Maximum13572Rs. 191048
Small HNI (Minimum)14616Rs. 205744
Big HNI (Minimum)693036Rs. 1014024

ECOS (India) Mobility & Hospitality Limited IPO Allotment Status

Click Here To Check IPO Allotment Status ECOS (India) Mobility & Hospitality Limited IPO

Click Here To Get ASBA Forms ECOS (India) Mobility & Hospitality Limited IPO

Company Financials:

Particular31 March 202431 March 202331 March 2022
Total Assets296.66229.71112.38
Total Revenue568.21425.43151.55
Profit After Tax62.5343.599.87
For the year/period ended (₹ in million)

Company Promoters:

The Promoters of the company, are Rajesh Loomba, Aditya Loomba, Nidhi Seth, Rajesh Loomba Family Trust and Aditya Loomba Family Trust.

Objects of this 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.

Registrar & Company Details

Company Contact InformationIPO Registrar
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
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

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