ECOS Mobility & Hospitality IPO

Ecos (India) Mobility & Hospitality's IPO offers 1.8 crore shares worth INR 601.20 crores, aiming to boost brand visibility and liquidity, benefiting selling shareholders.

Important Details

Open Date : August 28, 2024 Close Date : August 30, 2024 Allotment Date: September 2, 2024 Listing Date: September 4, 2024

Important Details

IPO Price: INR 318-334 per share Lot Size: 44 Shares Total Issue Size: INR 601.20 crores

Fundamental Analysis

ECOS Mobility & Hospitality IPO shows mixed performance: 1. Increased Revenue. 2. Equity & liabilities show growth. 3. Reduced debt reliance. 4. Improved profitability & EPS, RoNW increased. 5. Liquidity is weakening

Peer Comparison

Ecos (India) Mobility & Hospitality: High revenue, EPS & RoNW. Wise Travel India: Substantial revenue & solid profitability. Shree OSFM E-Mobility: Significant revenue, earnings & good RoNW.

Objective

Ecos (India) Mobility & Hospitality Limited aims to 1. List equity shares. 2. Boost visibility & brand image. 3. Enhance liquidity. 4. Proceeds benefit selling shareholders.

Risks And Challenges

ECOS Mobility & Hospitality IPO Risks: 1. Risk of booking cancellations due to service issues. 2. Disruptions from non-exclusive vendors. 3. Revenue impact from GCC factors like economic &regulatory issues.