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ECOS MOBILITY

ECOS Mobility and Hospitality stands as the leading and most profitable provider of chauffeur-driven mobility services to corporate clients in India. The company excels in offering chauffeured car rentals (CCR) and employee transportation services (ETS), with a primary focus on the corporate sector.

By 30 September 2023, ECOS Mobility and Hospitality had expanded its operations to 109 cities across India, utilizing a combination of its fleet and vehicles sourced from vendors. The company’s services spanned 21 states and four union territories. In Fiscal 2023, ECOS Mobility served the CCR and ETS requirements of over 750 corporate clients, successfully completing more than 2.1 million trips, averaging upwards of 5,700 trips daily. The company also provides self-drive car services in Delhi, Gurugram, Mumbai, and Bengaluru.

With a fleet exceeding 9,000 vehicles, ECOS Mobility and Hospitality offers a wide range of options, from economy to luxury cars, minivans, and luxury coaches. Additionally, the company provides specialty vehicles such as luggage vans, limousines, vintage cars, and accessible transportation tailored for individuals with disabilities

ECOS Mobility IPO Details

Signature Global IPO Details
ECOS Mobility IPO Dates
28 – 30 August 2024
ECOS Mobility Issue Price
INR 318 – 334 per share
Fresh issue
NIL
Offer For Sale
1,80,00,000 shares (INR 572.40 – 601.20 crore)
Total IPO Size
1,80,00,000 shares (INR 572.40 – 601.20 crore)
Minimum bid (size)
44 shares (INR 14,696)
Face Value
INR 2 per share
Retail Allocation
35%
Listing On
NSE, BSE

ECOS Mobility Financial Performance

Signature Global Financial Performance

FY22

FY23

FY24

Revenue

147.34

422.68

554.41

Expenses

138.57

367.14

485.89

Net income

9.77

43.56

62.53

Margin (%)

6.63

10.30

11.29

Figures in INR Crore unless specified otherwise

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