iifl-logo

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

ECOS Mobility IPO Subscription Details on Day 2

29 Aug 2024 , 03:44 PM

ECOS (India) Mobility & Hospitality launched its IPO on August 27, 2024, offering 18 million shares for sale.

The price range for the IPO is set between ₹318 and ₹334 per share, with a minimum bid requirement of 44 shares.

By 1:10 pm on the second day, the IPO had been subscribed 7.04 times, with retail investors subscribing 7.02 times and non-institutional investors (NII) 16.40 times.

The IPO is an offer for sale, with no fresh capital being raised for ECOS Mobility; proceeds will go to selling shareholders. Link Intime India Private is the IPO registrar, while Equirus Capital and IIFL Capital Services are the lead managers. The IPO subscription period ends on August 30, 2024.

Share allotment is expected to be finalized by September 2, 2024, with shares credited to demat accounts by September 3, 2024. ECOS Mobility shares are scheduled to list on the BSE and NSE on September 4, 2024.

Founded in 1996, ECOS (India) Mobility & Hospitality provides chauffeur-driven car rentals and employee transportation services to corporate clients across India.

Related Tags

  • ECOS Mobility IPO
  • IPO details
  • IPO news
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More
Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

ISO certification icon
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.