ECOS (India) Mobility & Hospitality Limited

Company Profile
Company Name ECOS (India) Mobility & Hospitality Limited
Open Date 28-08-2024
Close Date 30-08-2024
Exchange BSE, NSE
Lot Size 44 Shares
Issue Price ₹318 to ₹334 per share
Issue Size 1,80,00,000 shares
Application Amount ₹ 14,696 – ₹ 1,91,048 (44 to 572 shares)
Recommendation Apply

ECOS (India) Mobility & Hospitality Limited was originally incorporated on February 15, 1996. The registered office is located at New Delhi, India. The Company is primarily engaged in the business of providing chauffeured car rentals (“CCR”) and employee transportation services (“ETS”). The company has a pan-India presence in 109 cities through their own vehicles and vendors, spread across 21 states and four union territories in India. The company had 891 permanent employees as of March 31, 2024.

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Financial Summary in Cr

KPI’s FY 22 FY 23 FY 24
Revenue 147.34 422.68 554.41
EBITDA 18.05 69.73 89.96
Net Profit 9.87 43.59 62.53
RoCE 13.55% 42.14% 36.75%
ROE 13.79% 37.86% 35.25%
P/E 202.42 45.94 32.05

Tentative Timeline

Opening Date 28/08/2024
Closing Date 30-08-2024
Basis of Allotment 02-09-2024
Initiation of Refunds 03-09-2024
Credit of Shares to Demat 03-09-2024
Listing Date 04-09-2024

Objects of the Issue

The company will not directly receive any proceeds from the Offer.

Contact Information

Registered Office ECOS (India) Mobility & Hospitality Limited 45, First Floor, Corner Market Malviya Nagar, New Delhi-110017
Phone +91 11 41326436
Email legal@ecorentacar.com
Website https://www.ecosmobility.com/

Registrar Details

Name Link Intime India Private Ltd
Phone +91-22-4918 6270
Email ecorentacar.ipo@linkintime.co.in
Website https://linkintime.co.in/initial_offer/public-issues.html

IPO Reservation

Anchor Investor Shares Offered 54,00,000 (30%)
QIB Shares Offered 36,00,000 (20%)
NII (HNI) Shares Offered 27,00,000 (15%)
Retail Shares Offered 63,00,000 (35%)

Shareholding Pattern

Share Holding Pre Issue (Promoters) 97.75%
Share Holding Post Issue (Promoters) 67.75%

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