ECO Mobility IPO GMP Today, ECO Mobility IPO Grey Market Premium Updates | ECO Mobility Depot IPO, Latest target, Opening gain
The company has a fleet of over 12,000 cars, including economy, luxury, and mini vans, as well as specialty vehicles such as luggage vans, limousines, vintage cars, and accessible transportation for people with disabilities. The company offers self-driven cars in Delhi, Gurugram, Mumbai, and Bengaluru.
ECO Mobility IPO Details:
| Issuer | ECO Mobility IPO | |
| Issue Type | Book Built Issue IPO | |
| Issue Period | Issue Opens: 28 August 2024 | |
| Issue Closes: 30 August 2024 | ||
| Price Brand | ₹ 318 to ₹ 334 per share | |
| Issue Size | ₹601.20 Cr | |
| Face Value | ₹2 per share | |
| Market Lot | 44 Shares | |
| Retail (Max) | ₹191,048 | |
| QIB | 50% | |
| HNI | 15% | |
| Retail Individual Bidders | 35% | |
| Listing at | NSE & BSE | |
| ✔️ Apply With | ANGEL Free DEMAT Account | |
| Total Shares | 18,000,000 Shares | |
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ECO Mobility IPO GMP Rates day by day
ECO Mobility IPO Market Lot:
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 44 | ₹14,696 |
| Retail (Max) | 13 | 572 | ₹1,91,048 |
| S-HNI (Min) | 14 | 616 | ₹2,05,744 |
| S-HNI (Max) | 68 | 2,992 | ₹9,99,328 |
| B-HNI (Min) | 69 | 3,036 | ₹1,014,024 |
ECO Mobility IPO Date, Allotment & Listing:
| ECO Mobility IPO Opening Date: | AUGUST 28, 2024 |
| ECO Mobility IPO Closing Date: | AUGUST 30, 2024 |
| Basis of Allotment: | SEPTEMBER 2, 2024 |
| Initiation of Refunds: | SEPTEMBER 3, 2024 |
| Credit to Demat Account: | SEPTEMBER 3, 2024 |
| Listing Date: | SEPTEMBER 4, 2024 |
ECO Mobility Limited Financial Information (Restated Consolidated)
ECO (India) Mobility & Hospitality Limited’s revenue increased by 34% and profit after tax (PAT) rose by 43% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | |||||||||||||||||||||||||||
| Assets | 296.66 | 229.71 | 112.38 | |||||||||||||||||||||||||||
| Revenue | 568.21 | 425.43 | 151.55 | |||||||||||||||||||||||||||
| Profit After Tax | 62.53 | 43.59 | 9.87 | |||||||||||||||||||||||||||
| Net Worth | 177.41 | 115.13 | 71.56 | |||||||||||||||||||||||||||
| Reserves and Surplus | 165.41 | 115.07 | 71.5 | |||||||||||||||||||||||||||
| Total Borrowing | 21.72 | 32.95 | 3.34 | |||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||
Key Performance Indicator
The market capitalization of ECO Mobility IPO is Rs 2004 Cr.
KPI as of March 31, 2024.
| KPI | Values |
|---|---|
| ROE | 42.75% |
| ROCE | 42.88% |
| Debt/Equity | 0.12 |
| RoNW | 42.75% |
| P/BV | 11.3 |
| PAT Margin (%) | 11 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 10.42 | 10.42 |
| P/E (x) | 32.05 | 32.05 |
Objects of the Issue (ECO Mobility IPO Objectives)
The company will not directly receive any proceeds from the Offer and all the Offer Proceeds will be received by the Selling Shareholders, in proportion to the Offered Shares sold by the respective Selling Shareholders as part of the Offer.
ECO MOBILITY IPO ALLOTMENT STATUS
How to Apply for ECO Mobility IPO?
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How to Apply ECO Mobility IPO through Zerodha?
Log in to the Console in the Zerodha Website or Application. Go to Portfolio and Click on IPO. You will see the IPO Name “ECO Mobility”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open a Demat Account with Zerodha.
How to Apply ECO Mobility IPO through Upstox?
Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “ECO Mobility”. Click on the Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve – the mandate. Open a Demat Account with Upstox.
In case you have not been allotted or for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before the UPI mandate expiry date. Please reach out to your bank in case funds are not unblocked/released after the mandate expiry date.
PARENT COMPANY FOR SHAREHOLDER QUOTA
IPO ALLOTMENT TIPS & TRICKS
Frequently Asked Questions
ECO Mobility IPO is a main-board initial public offering of 18,000,000 Equity shares of the face value of ₹2 aggregating up to ₹601.20 Crores. The issue price of the IPO is ₹318 to ₹334 Per Equity Share. The minimum order quantity is 44 Shares per application and the offer type is Book Built Issue. The IPO opens on August 28, 2024 and closes on August 30, 2024. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The ECO Mobility IPO opens on August 28, 2024 and closes on August 30, 2024.
You can apply in ECO Mobility IPO online using either UPI or ASBA as payment method. Equirus Capital Private Limited and Iifl Securities Ltd are the book running lead managers of the ECO Mobility IPO, while Link Intime India Private Ltd is the registrar for the issue.
The finalization of Basis of Allotment for ECO Mobility IPO will be done on September 02, 2024, and the allotted shares will be credited to your demat account by September 03, 2024. Check the ECO Mobility IPO allotment status.
The ECO Mobility IPO listing date is not yet announced. The tentative date of ECO Mobility IPO listing is September 04, 2024.
ECO Mobility IPO lot size is 44 Shares and the minimum order quantity is 1 Shares.