ECOS India Mobility
MAINBOARD
Listed
Price Band
₹318 - ₹334
Lot Size
44 Shares
Issue Size
₹601.20 Cr
Fresh Issue
Nil (Pure OFS)
OFS
₹601.20 Cr (Full Issue)
Registrar
Link Intime India Private Limited
AI Sentiment Score
Listing Price
₹390.00
vs Issue: ₹334 (+16.77%)
📅 IPO Timeline
✓
Open
Aug 28, 2024
✓
Close
Aug 30, 2024
✓
Allotment
Sep 2, 2024
✓
Refund
Sep 3, 2024
✓
Demat
Sep 3, 2024
✓
Listing
Sep 4, 2024
📈 Grey Market Premium (GMP) Trendline
Daily consensus GMP movement (₹) recorded across market sources
✨ AI Analysis & Prediction
🔒 Final Reconciled Estimate
Locked post-listing with actual debut performance
ECOS India Mobility displays an established operational footprint with expanding revenue streams (23.6% CAGR) and a defensible value proposition.
💪 Strengths
- Demonstrated operational revenue trajectory with resilient top-line growth (23.6% CAGR).
- Established customer relationships and market position across target industry sectors.
- Sound operational capital returns with Return on Capital Employed (ROCE) at 28.0%.
⚠️ Weaknesses
- Exposure to input cost fluctuations and broader macroeconomic supply chain cycles.
- Working capital requirements to support continuous capacity expansion.
- Competitive landscape from both established incumbents and specialized regional players.
🚀 Opportunities
- Industry tailwinds from rising domestic capex and infrastructure spending.
- Operating leverage potential allowing margin expansion as manufacturing utilization rises.
- Geographic diversification and entry into higher-margin specialized product lines.
🛡️ Threats
- Sectoral regulatory shifts and evolving statutory compliance requirements.
- Aggressive pricing actions by domestic competitors impacting gross margins.
- Broader market equity volatility and liquidity fluctuations.
📊 Financial Overview & Growth Trajectory
Multi-year operational scale & net profitability trajectory
| Metric | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue (₹ Cr) | Rs 418.00 Cr | Rs 547.00 Cr | Rs 642.00 Cr | Rs 790.00 Cr |
| Net Profit / PAT (₹ Cr) | Rs 44.00 Cr | Rs 63.00 Cr | Rs 60.00 Cr | Rs 58.00 Cr |
| EBITDA / Op. Profit (₹ Cr) | Rs 70.00 Cr | Rs 90.00 Cr | Rs 93.00 Cr | Rs 94.00 Cr |
| Borrowings (₹ Cr) | Rs 38.00 Cr | Rs 30.00 Cr | Rs 14.00 Cr | Rs 8.00 Cr |
| Total Assets (₹ Cr) | Rs 230.00 Cr | Rs 297.00 Cr | Rs 341.00 Cr | Rs 413.00 Cr |
| ROE % | 0.00% | 0.00% | 0.00% | 0.00% |
| ROCE % | 28.00% | 28.00% | 28.00% | 28.00% |
| Debt / Equity | 0.00 | 0.00 | 0.00 | 0.00 |
Company P/E
11.2x
Industry P/E
12.9x
Debt/Equity
0.03
⚖️ Valuation Benchmark Range
🟢 Attractively Priced vs Industry Peers
Industry 12.9x
IPO 11.2x
0x (Deep Value)
30x (High Multiple)
📋 Live Subscription Status
QIB
136.85x
NII
74.66x
Retail
19.79x
Total
64.26x
🎯 Retail Allotment Probability
5.1% Odds
1 in 19.8 chance (~5.1% probability per PAN)
SEBI Rule: Under SEBI lottery allotment rules, applying for multiple lots under Retail does NOT increase your lottery odds. All valid retail applicants have identical 1-lot odds per PAN.
Updated: Sep 12, 2026 2:43 PM
💼 Issue Structure & Reservation Quota
Capital Structure
₹601.2 Cr
Issue Size
OFS (100%)
Reservation Quota
100%
Allocation
QIB (50%)
NII (15%)
Retail (35%)
QIB
50.00%
Retail
35.00%
NII
15.00%
🔗 Important Links & Lead Managers
- SEBI Filings (DRHP)View on SEBI →
- SEBI Filings (RHP)View on SEBI →
Disclaimer: The information provided on this page is for educational and informational purposes only and does not constitute financial advice. IPO investments are subject to market risks. AI-generated analysis is based on publicly available data and may not be accurate. Grey Market Premium (GMP) is unofficial and highly speculative. Always consult a qualified financial advisor and read the DRHP/RHP carefully before making investment decisions.