Ecos (India) Mobility & Hospitality Ltd - IPO

Ecos (India) Mobility & Hospitality Ltd IPO Details

Initial public offering of 18,000,000 equity shares of face value of Rs. 2 each (Equity Shares) of Ecos (India) Mobility & Hospitality Limited (The Company or the Issuer) for cash at a price of Rs. 334.00 per equity share (Offer Price) aggregating to Rs. 601.20 crores (the Offer). The offer comprises of an offer for sale of 18,000,000 equity shares of face value Rs. 2 each (the Offered Shares) aggregating to Rs. 601.20 crore, including 9,900,000 equity shares of face value Rs. 2 each aggregating to Rs. 330.66 crores by Rajesh Loomba and 8,100,000 equity shares of face value Rs. 2 each aggregating to Rs. 270.54 crores by Aditya Loomba (Selling Shareholders) (the Offer for Sale). The offer constitutes 30.00# % of the post-offer paid-up equity share capital of the company. The face value of the equity shares is Rs. 2 each and the offer price is 167 times the face value of the equity shares.

Objective of issue

Listing of the Equity Shares on the Stock Exchanges.

Ecos (India) Mobility & Hospitality Ltd Contact Details

Ecos (India) Mobility & Hospitality Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - legal@ecorentacar.com

Website - www.ecosmobility.com