Ecos (India) Mobility & Hospitality Ltd. IPO: Key Details

We are the largest and most profitable chauffeur driven mobility provider to corporates in India, in terms of revenue fromoperations and profit after tax for Fiscal 2023 (Source: F&S Report). We are primarily engaged in the business of providingchauffeured car rentals (“CCR”) and employee transportation services (“ETS”) and have been providing these services tocorporate customers, including Fortune 500 companies in India, for more than 25 years. In Fiscal 2024, we provided CCR andETS to 42 Fortune 500 companies and 60 BSE 500 companies, among others, in India. The CCR segment is a B2B2C business,where our customers are corporate companies, and the end consumer is an employee, client, guest or visitor of these corporatecompanies. Through our ETS segment, we offer customers with solutions to manage their employee home-office-home groundtransportation. As of September 30, 2023, we have a pan-India presence in 109 cities through our own vehicles and vendors,spread across 21 states and four union territories in India which underscores our deep rooted and extensive footprint anddemonstrates our penetration into diverse regions across India. In Fiscal 2023, we serviced the CCR and ETS requirements ofmore than 750 corporate customers in India. In Fiscal 2023, through our CCR and ETS segments, we have completed morethan 2,100,000 trips averaging at more than 5,700 trips in a day. We also address the global car rental requirements of ourcorporate customers, through our global network of vendors with our capability of providing CCR services in over 30 countries.We also provide cars of self-drive basis in the cities of Delhi, Gurugram, Mumbai and Bengaluru. We have also provided selfdrivecars outside India through vendors.

Ecos (India) Mobility & Hospitality Ltd. IPO Details

IPO Date August 28, 2024 to August 30, 2024
Listing Date September 04 2024
Face Value ₹2 per share
Price Band ₹318 to ₹334 per share
Lot Size 44 Shares
Total Issue Size 12600000 Shares
Issue Type Book building
Listing At
Share holding pre issue 58649986
Share holding post issue 40649986

Ecos (India) Mobility & Hospitality Ltd. IPO Promoter Holding

The promoter of the company is Nidhi Seth,

Share Holding Pre Issue 97.75%
Share Holding Post Issue 67.75%

Ecos (India) Mobility & Hospitality Ltd. IPO Objectives

(i) achieve the benefits of listing the Equity Shares on the Stock Exchanges;(ii) carry out the Offer for Sale of 18,000,000# Equity Shares aggregating to ?6,012.00 million# by the Selling Shareholders

Ecos (India) Mobility & Hospitality Ltd. IPO Prospectus

Ecos (India) Mobility & Hospitality Ltd. Lead Managers

    Data Not Found

Ecos (India) Mobility & Hospitality Ltd. IPO Contact Information

  • Shweta Bhardwaj
  • Phone: +91 11 41326436
  • Email: legal@ecorentacar.com

Ecos (India) Mobility & Hospitality Ltd. IPO Registrar

  • Name:
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