ECOS (India) Mobility & Hospitality Limited IPO: Effortless Investing With HDFC Sky’s One Click IPO

The financial sector is abuzz with the upcoming Initial Public Offering (IPO) of ECOS (India) Mobility & Hospitality Limited. For investors eager to capitalise on this opportunity, the process is made more straightforward and efficient through features like the One Click IPO from HDFC Sky. 

ECOS (India) Mobility & Hospitality Limited

ECOS (India) Mobility & Hospitality Limited is set to make a notable impact in the mobility and hospitality industries. With a vision to innovate and transform these sectors, ECOS (India) is leveraging advanced technology and strategic innovations to boost customer satisfaction and operational efficiency.

As the company prepares to enter the public market, understanding its financial health, growth potential, and IPO specifics is essential for prospective investors.

ECOS (India) Mobility & Hospitality Limited IPO Details

Here’s a comprehensive overview of the IPO details:

Details

IPO Date

August 28, 2024 to August 30, 2024

Listing Date

4^th September 2024

Face Value

₹2 per share

Price Band

₹318 to ₹334 per share

Lot Size

44 Shares

Total Issue Size

18,000,000 shares (aggregating up to ₹601.20 Cr)

Offer for Sale

18,000,000 shares (aggregating up to ₹601.20 Cr)

Issue Type

Book Built Issue IPO

Listing At

BSE, NSE

Share Holding Pre Issue

60,000,000

Share Holding Post Issue

60,000,000

ECOS (India) Mobility & Hospitality Limited IPO Reservation

The IPO shares are reserved as follows:

Shares Offered

QIB Shares Offered

Not more than 50.00% of the Offer

Retail Shares Offered

Not less than 35.00% of the Offer

NII (HNI) Shares Offered

Not less than 15.00% of the Offer

ECOS (India) Mobility & Hospitality Limited IPO Timeline 

The timeline for the IPO is as follows:

Date

IPO Open Date

Wednesday, August 28, 2024

IPO Close Date

Friday, August 30, 2024

Basis of Allotment

Monday, September 2, 2024

Initiation of Refunds

Tuesday, September 3, 2024

Credit of Shares to Demat

Tuesday, September 3, 2024

Listing Date

Wednesday, September 4, 2024

Cut-off time for UPI mandate confirmation

5 PM on August 30, 2024

ECOS (India) Mobility & Hospitality Limited IPO Lot Size

Investors can bid for a minimum of 44 shares and in multiples thereof. The table below details the minimum and maximum investment by retail investors and HNIs:

Lots

Shares

Amount

Retail (Min)

1

44

₹14,696

Retail (Max)

13

572

₹191,048

S-HNI (Min)

14

616

₹205,744

S-HNI (Max)

68

2,992

₹999,328

B-HNI (Min)

69

3,036

₹1,014,024

Promoter Holding

The company's promoters include Rajesh Loomba, Aditya Loomba, Nidhi Seth, Rajesh Loomba Family Trust, and Aditya Loomba Family Trust. Their shareholding is as follows:

Percentage

Pre Issue

97.75%

Post Issue

67.75%

Invest in IPOs with HDFC Sky's One Click IPO

In a complex IPO landscape, HDFC Sky’s One Click IPO offers a simplified and efficient approach. One Click IPO streamlines the application process, making it more accessible for individual investors. 

The key features of One Click IPO

Intuitive Interface: HDFC Sky’s One Click IPO features an easy-to-use interface that guides investors through the IPO application seamlessly.

Effortless Application: Apply for shares with minimal effort through an integrated system that ensures a quick and smooth application process.

Real-Time Updates: Receive instant updates on your application status, including allotment and other key information.

Secure Transactions: The One Click IPO feature prioritises security with robust measures to protect your transactions and personal data.

Instant Alerts: Get timely notifications about critical IPO events, such as application deadlines and listing updates.

How to Apply for ECOS (India) IPO Using One Click IPO

Applying for the ECOS (India) IPO using HDFC Sky’s One Click IPO is a straightforward process:

Log In: Access your HDFC Sky account. If you don’t have one, you’ll need to open a Demat account with HDFC Sky first.

Select the IPO: Navigate to the IPO section within the One Click IPO feature. Locate the ECOS (India) IPO and select it.

Fill Out the Application: Enter the necessary details, including the number of shares you wish to apply for and your payment information.

Submit and Track: Once you’ve completed the application, submit it through the platform. You can then track the status of your application in real time.

Receive Notifications: Stay informed with updates on your application status and IPO results directly from HDFC Sky.

Conclusion

The ECOS (India) Mobility & Hospitality Limited IPO offers a promising chance for investors aiming to diversify their portfolios. As ECOS (India) transitions to the public arena, tools like One Click IPO play a crucial role in simplifying the often complex IPO process. Whether you’re an experienced investor or just starting, HDFC Sky’s intuitive and efficient platform helps make the investment journey straightforward and hassle-free.