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ECOS (India) Mobility & Hospitality Ltd.

ECOS (India) Mobility & Hospitality Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹334
₹334
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹334
Based on GMP
Min. Investment
₹14,696
1 lot × 44 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
28 Aug 2024
Close Date
30 Aug 2024
Allotment
02 Sep 2024
Listing Date
04 Sep 2024
Exchange
NSE & BSE
Price Band
₹334
Listing Price
See chart
Allotment Status
Price Band
₹334
Per share
Face Value
₹2 per share
 
Lot Size
44 Shares
per lot
Issue Size
1,80,00,000 shares (aggregating up to ₹601.20 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,696
1 lot
Pre-IPO Holding
6,00,00,000 shares
Promoters
Post-IPO Holding
6,00,00,000 shares
Promoters
P/E (Pre)
32.05x
 
P/E (Post)
32.05x
 
EPS (Pre)
₹10.42
 
EPS (Post)
₹10.42
 
UPI Deadline
2024-08-30
Mandate
Anchor AllotmentTue, 27 Aug 2024
Basis of AllotmentMon, 02 Sep 2024
Refund InitiationTue, 03 Sep 2024
Demat CreditTue, 03 Sep 2024
Listing DayWed, 04 Sep 2024
UPI Mandate Deadline2024-08-30
Sale TypeOffer For Sale
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
ECOS (India) Mobility & Hospitality Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 30 Aug 2024.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
18,000,000
100% ₹601.20
IPO Shares Offered
ECOS (India) Mobility & Hospitality Ltd. IPO total issue size: ₹601.20 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 18,000,000 ₹601.20
100.00%
* Based on upper price band ₹334 per share
Lot Size & Investment
Lot Size
44
Shares per Lot
Issue Price
₹334.00
Upper Band
Min Investment
₹14,696
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)288₹29,392
Retail (Max — 13 Lots)13572₹191,048
S-HNI (Min — 14 Lots)14616₹205,744
B-HNI (Min — 69 Lots)693,036₹1,014,024
* Issue Price ₹334 × Lot Size 44 shares
IPO Schedule
Anchor
27 Aug 2024
✓ Done
IPO Open
28 Aug 2024
✓ Done
IPO Close
30 Aug 2024
✓ Done
Allotment
02 Sep 2024
✓ Done
Refunds
03 Sep 2024
✓ Done
Demat Credit
03 Sep 2024
✓ Done
Listing Day
04 Sep 2024
✓ Done
ECOS (India) Mobility & Hospitality Ltd. — Live Price LIVE
₹334.00
INR · BSE
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Issue ₹334.00 Live Price
About ECOS (India) Mobility & Hospitality Ltd.
Incorporated in February 1996, ECOS (India) Mobility & Hospitality Limited is a chauffeur driven car rental service provider in India. The company's primary business is to provide chauffeured car rentals (“CCR”) and employee transportation services (“ETS”).The company has been offering these services to corporate clients, including Fortune 500 companies in India.As of March 31, 2024, the company had a presence throughout India, operating in 109 cities using its own vehicles and vendors. It was spread across 21 states and four union territories, showcasing its extensive reach and penetration into diverse regions across the country.In Fiscal 2024, ECOS (India) Mobility has served the CCR and ETS requirements of over 1,100 organizations in India.The company offers self-driven cars in Delhi, Gurugram, Mumbai, and Bengaluru.In Fiscal 2024, ECOS (India) Mobility completed over 3,100,000 trips, averaging more than 8,400 trips per day through its CCR and ETS segments.The company has a fleet of over 12,000 cars, including economy, luxury, and mini vans, as well as specialty vehicles such as luggage vans, limousines, vintage cars, and accessible transportation for people with disabilities.The clientele of the company include InterGlobe Aviation Limited (Indigo), HCL Corporation Private Limited, Safexpress Private Limited, Deloitte Consulting India Private Limited, Urbanclap Technologies Private Limited (Urban Company), IndusInd Bank Limited, Foresight Group Services Limited FZCO, HDFC Life Insurance Company Limited, Thomas Cook, India, Grant Thornton Bharat LLP, WM Global Technology Services India Private Limited (Walmart Global Tech), VRB Consumer Products Private Limited, Pinkerton Corporate Risk Management Private Limited, MedGenome Labs Limited, Dreamfolks Services Limited, Mercer Consulting(I) Private Limited, FNF India Private Limited (Fidelity), exl Service.com (India) Private Limited, Gujarat Guardian Limited and VA Tech Wabag Limited.On March 31, 2024, the company had 671 employees in its crucial operations team, responsible for real-time quality checks and issue resolution.
Objects of the Issue
1
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 (India) Mobility & Hospitality Ltd. Financials (Amount in Crore)
Revenue from Operations
₹151.6
31 Mar 2022
₹425.4
31 Mar 2023
₹568.2
31 Mar 2024
Profit After Tax (PAT)
₹9.9
31 Mar 2022
₹43.6
31 Mar 2023
₹62.5
31 Mar 2024
Particulars31 Mar 202431 Mar 202331 Mar 2022
Revenue from Operations 568.21 425.43 151.55
EBITDA N/A N/A N/A
Profit After Tax (PAT) 62.53 43.59 9.87
Net Worth 177.41 115.13 71.56
Total Assets 296.66 229.71 112.38
Reserves & Surplus 165.41 115.07 71.50
Borrowings 21.72 32.95 3.34
EBITDA Margin (%) N/A
PAT Margin (%) 11.00%
P/BV Ratio
11.30
RoE
42.75%
RoCE
42.88%
RoNW
42.75%
PAT Margin
11.00%
Debt/Equity
0.12
Issue Structure & Shareholding
Total Shares Offered1,80,00,000 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding6,00,00,000 shares
Post-Issue Promoter Holding6,00,00,000 shares
P/BV Ratio11.30
RoE42.75%
RoCE42.88%
Debt / Equity0.12
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Equirus Capital Pvt.Ltd.
IIFL Capital Services Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much ECOS (India) Mobility & Hospitality Ltd. IPO subscribed?

ECOS (India) Mobility & Hospitality Ltd. IPO is subscribed 1.00 times by Aug 30, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is ECOS (India) Mobility & Hospitality Ltd. IPO retail subscription status?

The ECOS (India) Mobility & Hospitality Ltd. IPO retail category is subscribed 1.00 times as of 30 Aug 2024. The retail portion is oversubscribed.

How to subscribe ECOS (India) Mobility & Hospitality Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 28 Aug 2024 and closes 30 Aug 2024. Min investment: ₹14,696 (1 lot = 44 shares). UPI mandate: 2024-08-30.

How many times ECOS (India) Mobility & Hospitality Ltd. IPO subscribed?

The ECOS (India) Mobility & Hospitality Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check ECOS (India) Mobility & Hospitality Ltd. IPO allotment?

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 02 Sep 2024. Refunds: on 03 Sep 2024.

When ECOS (India) Mobility & Hospitality Ltd. IPO will be listed?

The ECOS (India) Mobility & Hospitality Ltd. IPO listing date is 04 Sep 2024, Wednesday. Listed on: NSE & BSE. Issue price: ₹334. Estimated listing: ₹334. GMP: NIL.

When ECOS (India) Mobility & Hospitality Ltd. IPO close?

The ECOS (India) Mobility & Hospitality Ltd. IPO closes on 30 Aug 2024, Friday. UPI mandate: 2024-08-30. Allotment: 02 Sep 2024. Listing: 04 Sep 2024.