Ecos (India) Mobility & Hospitality Limited

  • Minimum Investment
    ₹13,992
  • Price Range
    ₹318 - ₹334
  • Issue Size
    ₹601.20 Cr
  • Lot Size
    44 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

Download RHP DocumentGet more in-depth details about this IPO.

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

Earnings Per Share (EPS) is calculated by dividing a company’s net income by its average number of outstanding shares.

No Data

Balance Sheet

A financial statement that provides details about a company’s assets, liabilities, and shareholders’ equity at a given point in time.
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

The net amount of cash or cash equivalents being transferred in and out of a company for a specified period of time. Cashflow stems from operating, investing and financing activities.
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

ECOS India Mobility and Hospitality was incorporated on February 15, 1996. The company is primarily engaged in providing chauffeured car rentals (CCR) and employee transportation services (ETS) to corporate customers, including Fortune 500 companies in India.
  • Promoter
    Rajesh Loomba
  • Promoter
    Aditya Loomba
  • Promoter
    Nidhi Seth
  • Promoter
    Rajesh Loomba Family Trust
  • Promoter
    Aditya Loomba Family Trust

Ecos (India) Mobility & Hospitality Limited IPO FAQs

What is Ecos (India) Mobility & Hospitality Limited IPO?

down-arrow
Ecos (India) Mobility & Hospitality Limited IPO refers to the initial public offering of shares by Ecos (India) Mobility & Hospitality Limited. It is a process by which the company offers its shares to the public for the first time, allowing individuals to become shareholders.

What is the issue size of Ecos (India) Mobility & Hospitality Limited IPO?

down-arrow
For Ecos (India) Mobility & Hospitality Limited IPO the issue size is ₹601 Cr. The issue size is the total value of the shares offered to the public. It represents the amount the company aims to raise through the IPO.

What is the minimum investment amount for the Ecos (India) Mobility & Hospitality Limited IPO?

down-arrow
For Ecos (India) Mobility & Hospitality Limited IPO the minimum investment is ₹13,992. The minimum investment for Ecos (India) Mobility & Hospitality Limited IPO is the smallest amount an individual can invest to participate in the offering. It is usually determined by the company and regulatory requirements.

What is the lot size of Ecos (India) Mobility & Hospitality Limited IPO?

down-arrow
For Ecos (India) Mobility & Hospitality Limited IPO the lot size is 44 shares. The lot size of Ecos (India) Mobility & Hospitality Limited IPO refers to the number of shares that investors need to bid for and purchase in a single transaction. It is predetermined by the company and regulators.

How to apply for Ecos (India) Mobility & Hospitality Limited IPO on Share.Market?

down-arrow
To apply for Ecos (India) Mobility & Hospitality Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the Ecos (India) Mobility & Hospitality Limited IPO from the list and click on apply now. Place your bids or choose the Cut-off Price option. Enter your UPI ID and set up your mandate to place your application.

Can I pre-apply for Ecos (India) Mobility & Hospitality Limited IPO?

down-arrow
Yes, investors can often pre-apply for some of the IPOs. Pre-application allows individuals to express their interest in participating in the IPO before the official subscription period begins. To pre- apply for Ecos (India) Mobility & Hospitality Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the IPO from the list and click on pre-apply now. Once the IPO opens for subscription you can enter your UPI ID and set up your mandate to place your application.

How many days is the IPO application window open?

down-arrow
The IPO application window typically remains open for 3 days, starting from the date of the IPO opening. However, this duration can vary depending on the specific IPO and the regulatory requirements.

Till what time can I apply for an IPO on the last day on Share.Market?

down-arrow
You can apply for the IPO till 3 PM on the last day of application on Share.Market.

What is the allotment date of Ecos (India) Mobility & Hospitality Limited IPO?

down-arrow
For Ecos (India) Mobility & Hospitality Limited IPO the allotment date is September 2, 2024. The allotment date of Ecos (India) Mobility & Hospitality Limited IPO is the date on which shares are allocated to the successful bidders. It marks the distribution of shares to investors.

What are the open and close dates of Ecos (India) Mobility & Hospitality Limited IPO?

down-arrow
For Ecos (India) Mobility & Hospitality Limited IPO, the subscription opens on August 28, 2024 and closes on August 30, 2024. The open and close dates of an IPO indicate the period during which investors can submit their bids to participate in the offering.
Bidding Ongoing
-
Total Subscription
64.16x Oversubscribed
Bidding Ongoing
-
Total Subscription
64.16x Oversubscribed