Ecos (India) Mobility & Hospitality Limited
- Minimum Investment₹13,992
- Price Range₹318 - ₹334
- Issue Size₹601.20 Cr
- Lot Size44 shares
Proceeds of this IPO to be used for
To achieve the benefits of listing equity shares on the stock exchanges
To carry out the offer for sale of up to 18,000,000 equity shares by the selling shareholders
Strengths & Weaknesses of Ecos (India) Mobility & Hospitality Limited
Leadership position
The company is the largest chauffeur-driven mobility provider to corporates in India, based on revenue from operations and profit after tax for FY23. It operates in 109 cities and maintains a large fleet, positioning it to benefit from growth in the employee transportation services (ETS) and chauffeured car rentals (CCR) markets
Long-standing customer relationships
Over two and a half decades, the company has built long-term relationships with customers across various industries. In FY24, it provided CCR and ETS to 42 Fortune 500 companies and 60 BSE 500 companies in India
Comprehensive technology ecosystem
The company's emphasis on proprietary technology has enhanced its ability to manage service offerings and improve operational efficiency. This focus on technology integration ensures accuracy, reliability, and speed in its operations.
Concentrated revenue base
The company derives a significant portion of its revenue from certain customers and lacks long-term contracts with all of them. If any of these customers decide to discontinue using its services or terminate their agreements, it could negatively impact the business
Heavily dependent on GCCs
The company's employee transportation services (ETS) business is heavily dependent on global capability centers (GCCs). Factors negatively impacting GCCs generally, or any of its specific customers could have an adverse effect on the business
Intense competition
There is intense competition in the chauffeur-driven mobility industry, which could impact the company's pricing and, in turn, reduce its revenues and profitability
Financials
Earnings Per Share
No Data
Balance Sheet
Particulars (In Cr) | Y/Y Change | |
---|---|---|
Total Current Assets | -- | |
Total Non-Current Assets | -- | |
Fixed assets | -- | |
Total assets | -- | |
Total Current Liabilities | -- | |
Total Non-Current Liabilities | -- | |
Total Capital Plus Liabilities | -- | |
Total Shareholder Funds | -- | |
Total Debt to Equity | -- |
Cash Flow
Particulars (In Cr) | Y/Y Change | |
---|---|---|
Cash from Operating Activity | -- | |
Cash from Financing Activities | -- | |
Cash from Investing Activities | -- | |
Net Cash Flow | -- |
About Ecos (India) Mobility & Hospitality Limited
- PromoterRajesh Loomba
- PromoterAditya Loomba
- PromoterNidhi Seth
- PromoterRajesh Loomba Family Trust
- PromoterAditya Loomba Family Trust