ECOS (India) Mobility & Hospitality Limited IPO All Details

Ecos (India) Mobility & Hospitality Limited is India’s largest provider of employee transportation and chauffeur-driven car rental services. It offers mobility solutions to many top corporations in India. The company’s headquarters is in Malviya Nagar, New Delhi. The ECOS Mobility IPO is going to be open to the public on August 28, 2024 and the closing date of the IPO is August 30, 2024. The share allotment date of the ECOS India Mobility and Hospitality Limited IPO is September 2, 2024 and the listing date is September 4, 2024.

This is a book-built fresh-issue initial public offering (IPO), with a total issue size of ₹601.20 crore for 1.8 crore shares. Whereas the offer for sale is ₹601.20 crore for 1.8 crore shares. The price band of the ECOS India Mobility IPO is set at between ₹318 to ₹334 per share and the face value is ₹2 per share.

You will find all the information regarding the company and its IPO on this page. This page will be updated regularly with the latest updates regarding the ECOS (India) Mobility & Hospitality Limited IPO.

ECOS Mobility IPO Details

ECOS Mobility IPO Important Dates

The opening date of the ECOS Mobility IPO is Wednesday, August 28, 2024 and the closing date is Friday, August 30, 2024. The basic allotment date of the IPO is Monday, September 2, 2024 and the listing date is Wednesday, September 4, 2024.

All the important dates regarding the ECOS Mobility and Hospitality Limited IPO are mentioned below. Mark them on your calendar so you don’t miss any events.

ECOS Mobility IPO GMP Today

The last updated Grey Market Premium (GMP) for the Ecos Mobility IPO is up to ₹175. The offering price for the ECOS Mobility Limited IPO is between ₹318 to ₹334 per share.

The following table displays the trend of the Ecos Mobility IPO’s GMP over the past few days.

ECO Mobility IPO Lot Size

ECO Mobility IPO offers a minimum of 44 shares per lot. Retail investors can apply for a minimum of 1 lot and a maximum of 13 lots, while high-net-worth individuals (HNIs) can apply for a minimum of 14 lots and a maximum of 68 lots.

The below table represents the future of minimum and maximum investment for retail investors and HNI concerning shares and amounts.

ECOS Mobility IPO Quota

How To Apply for the ECOS Mobility Limited IPO?

You can apply for the ECO Mobility IPO application through Net Banking, the IPO Maker website, and your trading app.

Net Banking:

• Login to Internet Banking: Access your Internet banking account using your credentials.
• Browse to the IPO Section: Once logged in, go to the ‘Investments’ or ‘IPO’ section.
• Select the ECOS Mobility & Hospitality Limited IPO: Locate and select the ECOS Mobility & Hospitality Limited IPO from the list of available IPOs.
• Fill out the IPO bid form: Enter the required details, such as your bid quantity, price, CDSL ID, and DP account information.
• Make Payment and Confirm Application: Complete the payment process as per the instructions and submit your application. If the IPO is not allotted to you, you will receive a full refund.

Angel One:

Here’s a step-by-step guide for applying to the ECOS Mobility IPO using the Angel One app:

• Install the Angel One app:

1. Click here to Download the Angel One app from the App Store (for iOS) or Google Play Store (for Android).
2. Install and open the app on your device.

• Create an Account: or Log In to Your Account:

1. Open the Angelone app.
2. Tap on “Sign Up” or “Create Account.” After creating your account, log in using your username and password.

• Navigate to the IPOs section:

1. Once logged in, look for the “IPOs” option on the main dashboard or menu.
2. Select ECOS Mobility IPO and then click on “Apply Now.”
3. Choose the lot size you want to apply for.
4. Enter your UPI ID where the payment for the IPO will be processed.
5. Click on “Apply for IPO”
6. Review your application details and click on “Apply for IPO” for the last step confirmation.

By following these steps, you will have successfully applied for the ECOS Mobility & Hospitality Limited IPO through the Angel One app.

ECOS India Mobility IPO Review apply or not

ECOS India Mobility revenue rose from ₹425.43 crore to ₹568.21 crore, reflecting enhanced business operations and market presence. Profit After Tax (PAT) improved from ₹43.59 crore to ₹62.53 crore, and debts were reduced from ₹32.95 crore to ₹21.72 crore. This indicates strong fundamentals and effective operational management of the company. According to our suggestion, you can buy it with confidence based on our strong recommendation.

ECOS India Mobility & Hospitality Limited Overview

Ecos (India) Mobility & Hospitality Limited is India’s largest provider of employee transportation and chauffeur-driven car rental services. It offers mobility solutions to many top corporations in India, now working with over 1,000 organizations and carrying out more than 3.1 million trips in 2024. This company was established in February 1996 and now operates in 110 cities across India.

ECOS India Mobility & Hospitality Limited Financial Report

ECOS Mobility and Hospitality Limited revenue rose from ₹425.43 crore to ₹568.21 crore, reflecting enhanced business operations and market presence. Profit After Tax (PAT) improved from ₹43.59 crore to ₹62.53 crore, and debts were reduced from ₹32.95 crore to ₹21.72 crore.

Assets:

• FY 2023-24: ₹296.66 crore
• FY 2022-23: ₹229.71 crore

Revenue:

• FY 2023-24: ₹568.21 crore
• FY 2022-23: ₹425.43 crore

Profit After Tax:

• FY 2023-24: ₹62.53 crore
• FY 2022-23: ₹43.59 crore

Debts:

• FY 2023-24: ₹21.72 crore
• FY 2022-23: ₹32.95 crore

ECOS (India) Mobility & Hospitality Limited

45, First Floor, Corner Market
Malviya Nagar,
New Delhi- PIN Code-110017
Phone: +91-1141326436
Email: [email protected]

FAQs

Conclusion

Ecos (India) Mobility & Hospitality Limited is India’s largest provider of employee transportation and chauffeur-driven car rental services. It offers mobility solutions to many top corporations in India, working with over 1,000 organizations. The ECOS Mobility IPO will open on August 28, 2024 and close on August 30, 2024. Company financials and fundamentals indicate a strong position for investment in this IPO. Investing in Ecos Mobility IPO will be a profitable for investor. Invest in this IPO at your own risk.

To get more information and regular updates on the ECOS India Mobility and Hospitality Ltd. IPO, keep in touch with The Invest Advisory.