Ecos (India) Mobility & Hospitality Limited IPO
Ecos (India) Mobility & Hospitality Limited was a mainboard IPO in the Road Transport sector, offered at ₹318–₹334 per share to raise ₹601 crore. The issue was subscribed 64.26× overall (QIBs 136.85×, NIIs 71.23×, retail 19.79×). It listed on 4 Sep 2024 at ₹390 and closed its first day at ₹443, a listing gain of +32.7% versus the ₹334 issue price. It now trades around ₹100 (-70.0% versus the issue price).
Frequently asked questions
- How many times was the Ecos (India) Mobility & Hospitality Limited IPO subscribed?
- The Ecos (India) Mobility & Hospitality Limited IPO was subscribed 64.26× overall — 136.85× in the QIB category, 71.23× among non-institutional investors, 19.79× in retail.
- What were the Ecos (India) Mobility & Hospitality Limited IPO listing gains?
- Ecos (India) Mobility & Hospitality Limited listed on 4 Sep 2024 at ₹390, closing its first day at ₹443 — a listing gain of +32.7% versus the ₹334 issue price.
- What were the retail allotment odds for the Ecos (India) Mobility & Hospitality Limited IPO?
- Retail was subscribed 19.79×, so a single-lot application had roughly a 5.1% chance of allotment (about 1 in 20), and allotment was finalised on 2 Sep 2024.
- What was the price band and lot size of the Ecos (India) Mobility & Hospitality Limited IPO?
- The price band was ₹318–₹334 per share, with a minimum lot of 44 shares (₹14,696 at the upper band).
- Who were the registrar and lead manager for the Ecos (India) Mobility & Hospitality Limited IPO?
- Link Intime India Private Limited was the registrar, and Equirus was the book-running lead manager.