The much-anticipated ECOS (India) Mobility & Hospitality Limited IPO has been the talk of the town, and investors are eagerly awaiting the allotment results. The IPO, which opened for subscription on August 28, 2024, and closed on August 30, 2024, has garnered significant attention from investors across the country.
Main Points
- 1 ECOS India Mobility IPO Allotment Status
- 2 ECOS India Mobility IPO Listing Date
- 3 ECOS India Mobility IPO Price Band and Lot Size
- 4 ECOS India Mobility IPO Subscription Status
- 5 ECOS India Mobility IPO Grey Market Premium
- 6 ECOS India Mobility IPO Promoter Background
- 7 ECOS India Mobility IPO Risk Factors
- 8 ECOS India Mobility IPO Retail Investor Allocation
- 9 ECOS India Mobility IPO Anchor Investors
- 10 ECOS India Mobility IPO Prospectus Download
- 11 ECOS India Mobility IPO Timeline and Important Dates
- 12 ECOS India Mobility IPO Broker Recommendations
- 13 ECOS India Mobility IPO Listing Gains Expectations
- 14 ECOS India Mobility IPO Post-Listing Performance Analysis
ECOS India Mobility IPO Allotment Status
According to the timeline provided in the red-herring prospectus, the ECOS (India) Mobility & Hospitality Limited IPO allotment is expected to be finalized on September 2, 2024. Investors can check their allotment status by visiting the Link Intime India Private Ltd website and entering their PAN number, application number, or DP client ID.
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ECOS India Mobility IPO Listing Date
The shares of ECOS (India) Mobility & Hospitality Limited are set to be listed on the BSE and NSE on September 4, 2024, subject to regulatory approvals.
ECOS India Mobility IPO Price Band and Lot Size
The price range for the ECOS (India) Mobility & Hospitality Limited IPO has been set between ₹318 and ₹334 per share. Investors must apply for a minimum lot size of 44 shares, which requires a minimum investment of ₹14,696 for retail investors.
ECOS India Mobility IPO Subscription Status
The ECOS (India) Mobility & Hospitality Limited IPO has received an overwhelming response from investors, closing with a subscription of 64.18 times on August 30, 2024, at 5:41:07 PM (Day 3). The QIB segment was subscribed 136.85 times, reflecting strong institutional demand.
ECOS India Mobility IPO Grey Market Premium
The ECOS (India) Mobility & Hospitality Limited IPO grey market premium is expected to be in the range of 120-125, indicating a potential listing gain of around 35.93%. However, it’s important to note that the actual listing price may vary based on various factors.
ECOS India Mobility IPO Promoter Background
The ECOS (India) Mobility & Hospitality Limited IPO is being promoted by Ecos (India) Mobility & Hospitality Limited, a company engaged in the business of providing car rental services and hospitality services. The promoters have a strong track record in the industry and have been instrumental in the company’s growth.
ECOS India Mobility IPO Risk Factors
As with any investment, the ECOS (India) Mobility & Hospitality Limited IPO also carries certain risks. Investors should carefully review the risk factors mentioned in the prospectus before making an investment decision.
ECOS India Mobility IPO Retail Investor Allocation
The ECOS (India) Mobility & Hospitality Limited IPO has reserved a portion of the issue size for retail investors. The exact allocation will be disclosed in the prospectus.
ECOS India Mobility IPO Anchor Investors
The ECOS (India) Mobility & Hospitality Limited IPO has received commitments from anchor investors, which is a positive sign for the issue. The details of the anchor investors will be available in the prospectus.
ECOS India Mobility IPO Prospectus Download
Investors can download the ECOS (India) Mobility & Hospitality Limited IPO prospectus from the company’s website or the websites of the lead managers.
ECOS India Mobility IPO Timeline and Important Dates
The key dates for the ECOS (India) Mobility & Hospitality Limited IPO are as follows:
- Issue Open Date: August 28, 2024
- Issue Close Date: August 30, 2024
- Allotment Date: September 2, 2024
- Listing Date: September 4, 2024
ECOS India Mobility IPO Broker Recommendations
Several brokers have issued positive recommendations for the ECOS (India) Mobility & Hospitality Limited IPO, citing the company’s strong market position, growth potential, and attractive valuation.
ECOS India Mobility IPO Listing Gains Expectations
Given the strong subscription and positive market sentiment, investors are expecting significant listing gains from the ECOS (India) Mobility & Hospitality Limited IPO. However, it’s important to note that past performance is not an indicator of future results.
ECOS India Mobility IPO Post-Listing Performance Analysis
After the listing, it will be crucial to analyze the ECOS (India) Mobility & Hospitality Limited stock’s performance in the secondary market. Factors such as financial performance, market share, and industry trends will play a significant role in determining the stock’s long-term prospects.
