ECOS Mobility, a leader in car rental and mobility services, offers innovative solutions across India, catering to corporate and retail customers.
ECOS (India) Mobility serves over 1,100 organisations in India, operating in 109 cities across the country.
The ECOS Mobility IPO will open between August 28, 2024, and August 30, 2024.
The issue is entirely an offer for sale (OFS) of 1.8 crore shares worth up to ₹601.2 crore. An OFS refers to the sale of shares by the existing shareholders of the company.
The price band is set at ₹318 to ₹334 per share, and the lot size is 44 shares. The minimum investment required to apply for the IPO is ₹14,696.
The company will not receive any funds from the IPO and all the proceeds will go to the shareholders who will offload their stake in the company.
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