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Ecos (India) Mobility & Hospitality Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Ecos (India) Mobility & Hospitality Ltd IPO

Registered Office: 45 1st Floor Corner Market,Malviya Nagar , New Delhi - 110017 , New Delhi , India.
Phone : +91 11 4132 6436   Fax:
Email :  legal@ecorentacar.com  
Website :  www.ecosmobility.com
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.

Issue Money Payable On
Opens On Closes On Application Allotment
28-Aug-24 30-Aug-24 (Rs)334.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :44  Further Multiples of :44

  (Rs Cr) Lead Managers to the Issue
Project Cost 0.00
Equirus Capital Pvt Ltd
Project Financed through Current Offer 601.20  
Post Issue Equity Share Capital 12.00  
Issue Price (Rs)334.00  
 
Projects
Listing of the Equity Shares on the Stock Exchanges
Promoted By
Rajesh Loomba  
Aditya Loomba  
Rajesh Loomba Family Trust  
Listing At
BSE 
NSE 
Registrar to the Issue
MUFG Intime India Pvt Ltd