ECOS India Mobility & Hospitality Limited IPO: Analysis, GMP & Subscription Status
Introduction
ECOS India Mobility and Hospitality Limited, a significant player in the corporate mobility and hospitality sector, is set to launch its Initial Public Offering (IPO). This article covers all essential details about the IPO, including the timeline, financials, and daily updates on Grey Market Premium (GMP) and subscription status.
ECOS Mobility IPO Details
- Face Value: ₹2 per share
- Price Band: ₹318 to ₹334 per share
- Lot Size: 44 Shares
- Total Issue Size: 18,000,000 shares, aggregating up to ₹601.20 crore.
- Offer for Sale: 18,000,000 shares, aggregating up to ₹601.20 crore.
- Issue Type: Book Built Issue IPO
- Listing At: BSE, NSE
- Shareholding Pre-Issue: 60,000,000 shares
- Shareholding Post-Issue: 60,000,000 shares
IPO Timeline
- IPO Open Date: Wednesday, August 28, 2024
- IPO Close Date: Friday, August 30, 2024
- Basis of Allotment: Monday, September 2, 2024
- Initiation of Refunds: Tuesday, September 3, 2024
- Credit of Shares to Demat: Tuesday, September 3, 2024
- Listing Date: Wednesday, September 4, 2024
- Cut-off Time for UPI Mandate Confirmation: 5 PM on August 30, 2024
Company Background
ECOS India Mobility and Hospitality Limited, originally incorporated as ET TRAV-AIDES Private Limited, has grown into a leading name in the corporate mobility and hospitality industry. The company is promoted by Rajesh Loomba, Aditya Loomba, Rajesh Loomba Family Trust, and Aditya Loomba Family Trust.
ECOS India Mobility & Hospitality Financial Performance
Understanding the financial performance of ECOS India Mobility and Hospitality Limited is crucial for potential investors. Below is the latest summary of key financial metrics:
| Financial Metric |
31 Mar 2024 |
31 Mar 2023 |
31 Mar 2022 |
| Total Assets (₹ Cr) |
296.66 |
229.71 |
112.38 |
| Revenue (₹ Cr) |
568.21 |
425.43 |
151.55 |
| Net Profit (₹ Cr) |
62.53 |
43.59 |
9.87 |
| Net Worth (₹ Cr) |
177.41 |
115.13 |
71.56 |
| Reserves and Surplus (₹ Cr) |
165.41 |
115.07 |
71.5 |
| Total Borrowing (₹ Cr) |
21.72 |
32.95 |
3.34 |
ECOS Mobility IPO GMP and Subscription Status
This section will provide daily updates on the Grey Market Premium (GMP) and subscription status, helping investors gauge market sentiment and demand for the IPO.
Grey Market Premium (GMP) Tracker
| Date |
GMP (₹) |
| 26th Aug |
₹145 |
| 28th Aug |
₹194 |
| 29th Aug |
₹153 |
| 30th Aug |
₹125 |
IPO Subscription Status Tracker
| Date |
QIB Subscription |
NII Subscription |
Retail Subscription |
Total Subscription |
| 28th Aug |
0.04 |
6.68 |
3.89 |
3.39 |
| 29th Aug |
0.10 |
23.53 |
9.14 |
9.64 |
| 30th Aug |
136.85 |
71.17 |
19.66 |
64.18 |
Conclusion
The ECOS India Mobility and Hospitality Limited IPO presents a significant opportunity for investors interested in the corporate mobility and hospitality sector. Stay tuned for daily updates on GMP and subscription status to make informed investment decisions.
SEO Headlines:
- ECOS India Mobility IPO Subscription Status
- ECOS India Mobility Grey Market Premium
- ECOS India Limited IPO GMP
- ECOS India IPO Listing Date
- Corporate Mobility IPOs 2024