ECOS Mobility Shares Soar with 17% Premium, Debut at ₹390 on NSE!ECOS Mobility Shares Soar with 17% Premium, Debut at ₹390 on NSE!

ECOS Mobility made a strong market debut, with its share price opening at ₹390 on NSE and ₹391.30 on BSE, reflecting solid investor interest. The stock opened 16.77% above its issue price of ₹334, showcasing robust demand and market enthusiasm.

ECOS (India) Mobility & Hospitality Limited IPO attracted substantial interest by Day 3, with subscriptions reaching 136.85 times for Qualified Institutional Buyers (QIBs), 71.23 times for Non-Institutional Investors, and 19.79 times for Retail Individual Investors (RIIs), totaling an overall subscription of 64.26 times.

ECOS (India) Mobility & Hospitality Limited is India’s leading corporate chauffeur-driven mobility provider, specialising in chauffeured car rentals, employee transportation services, and global rental solutions. With a vast fleet and nationwide presence, ECOS integrates CCR and ETS services, leveraging technology to deliver seamless booking tools, mobile apps, and management systems across 94 Indian cities, enhancing operational efficiency and customer experience.

The main objective of Ecos (India) Mobility & Hospitality Limited is to list equity shares to enhance visibility, brand image, and liquidity, with proceeds benefiting the selling shareholders.