Business Standard

Ecos (India) Mobility & Hospitality Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

601.20 cr

Price Range (₹)

334

Lot Size

44

Min Investment (₹)

14,696.00

Listing Exchange

MumbaiNSE

Open Date

28-Aug-2024

Close Date

30-Aug-2024

Listing Date

04-Sept-2024

Ecos (India) Mobility & Hospitality Ltd News

    The Shares of Ecos (India) Mobility & Hospitality Ltd have now been listed.

    Ecos (India) Mobility & Hospitality Ltd IPO Details

    Initial public offering of 18,000,000 equity shares of face value of Rs. 2 each (Equity Shares) of Ecos (India) Mobility & Hospitality Limited (The Company or the Issuer) for cash at a price of Rs. 334.00 per equity share (Offer Price) aggregating to Rs. 601.20 crores (the Offer). The offer comprises of an offer for sale of 18,000,000 equity shares of face value Rs. 2 each (the Offered Shares) aggregating to Rs. 601.20 crore, including 9,900,000 equity shares of face value Rs. 2 each aggregating to Rs. 330.66 crores by Rajesh Loomba and 8,100,000 equity shares of face value Rs. 2 each aggregating to Rs. 270.54 crores by Aditya Loomba (Selling Shareholders) (the Offer for Sale). The offer constitutes 30.00# % of the post-offer paid-up equity share capital of the company. The face value of the equity shares is Rs. 2 each and the offer price is 167 times the face value of the equity shares.

    Objective of issue

    Listing of the Equity Shares on the Stock Exchanges.

    Ecos (India) Mobility & Hospitality Ltd Contact Details

    Ecos (India) Mobility & Hospitality Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

    Phone - 91-22-49186000

    Fax - 91-22-49186060

    Email - legal@ecorentacar.com

    Website - www.ecosmobility.com