ECOS Mobility IPO
Ecos (India) Mobility & Hospitality Ltd
₹13,992 /44 sharesMinimum Investment
ECOS Mobility IPO Listing Details
Listed On | Issue Price | Listing Price | Listing Gains |
---|
-- | ₹334.00 | ₹390.00 | ₹56.00 (16.77%) |
ECOS Mobility IPO Details
Bidding Dates | Min. Investment | Lot Size | Price Range |
---|
28 Aug ‘24 - 30 Aug ‘24 | ₹13,992 | 44 | ₹318 - ₹334 |
Issue Size | IPO Doc |
---|
601.20Cr | |
Qualified Institutional Buyers | 136.85x |
Non-Institutional Investor | 71.12x |
Retail Individual Investor | 19.41x |
Total | 64.04x |
ECO Mobility is a provider of chauffeur-driven services for corporate clients in India. Its services fall into two categories – providing chauffeured car rentals (CCR) and employee transportation services (ETS). The company also offers self-drive cars on rent in major Indian cities such as Delhi, Gurugram, Mumbai, and Bengaluru. ECO Mobility also extends its self-drive services internationally through partnerships with local vendors.;
Managing director
Mr. Rajesh Loomba
Parent organisation
Ecos (India) Mobility & Hospitality Ltd
Strengths & Financials of ECOS Mobility
As of March 31, 2024, ECO Mobility operates in 109 cities spread over 21 states and four Union Territories. It uses both owned vehicles and vehicles from vendors.
Through its own vehicles and from its vendors, the company operated over 12,000 vehicles, ranging from economy cars to luxury coaches. Additionally, ECO Mobility offers specialised transportation options, including luggage vans, limousines, vintage cars, and accessible vehicles for individuals with disabilities.
ECO Mobility serves a variety of industries. It provides transportation services to clients such as InterGlobe Aviation (Indigo), HCL Corp, Safexpress, Deloitte Consulting India, and others.
The company has seen a steady increase in revenue from operations over the past few years. It rose from Rs 147.34 crore in FY22 to Rs 422.68 crore in FY23 and to Rs 554.41 crore in FY24. Profit after tax (PAT) also showed improvement, increasing from Rs 9.87 crore in FY22 to Rs 43.59 crore in FY23 to Rs 62.53 crore in FY24.
ECOS Mobility Financials
*All values are in Rs. Cr
Application Details of ECOS Mobility IPO
Apply as | Price band | Apply upto |
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Regular | ₹318 - 334 | ₹2 Lakh |
High Networth Individual | ₹318 - 334 | ₹2 - 5 Lakh |
For ECOS Mobility IPO, eligible investors can apply as Regular.