ECOS Mobility IPO Allotment Status

Summary

ECOS Mobility IPO has garnered a robust response from investors, closing with an impressive subscription of 64.18 times by 30th August 2024 5:41:07 PM (Day 3). The public issue witnessed substantial demand across various investor categories, with the Qualified Institutional Buyers (QIB) category leading the charge. The QIB segment was subscribed 136.85 times, reflecting significant interest from institutional investors in ECOS Mobility's market potential.

The Non-Institutional Investors (NII) category also demonstrated strong engagement, subscribing 71.17 times, with big NIIs (bids above ₹10L) subscribing 74.66 times and smaller NIIs (bids below ₹10L) subscribing 64.19 times. Retail investors showed solid interest, with the IPO being subscribed 19.66 times in this category, highlighting the attractiveness of the offering to individual investors.

How to Check ECOS Mobility IPO Allotment Status:

How do you Check ECOS Mobility IPO Allotment Status on the Registrar's Site? 

Step 1: Visit the web gateway of Link Intime India Private Ltd. (https://linkintime.co.in/initial_offer/) 

Step 2: From the selection menu, choose ECOS Mobility IPO. 

Step 3: Pick a mode from the following three: PAN ID, Demat Account number, or Application number 

Step 4: Choose "Application Type," then "ASBA" or "non-ASBA." 

Step 5: Enter the information relevant to the mode you have chosen. 

Step 6: For security reasons, please fill out the captcha accurately. 

Step 7: Click "Submit."

How to Check ECOS Mobility IPO Allotment Status on BSE? 

On the website of the Bombay Stock Exchange (BSE), investors who placed a bid for the ECOS Mobility IPO can monitor the allotment status: 

Step 1: Click on this link: https://www.bseindia.com/investors/appli_check.aspx

Step 2: Click on "Issue Type" and choose "Equity." 

Step 3: Choose "ECOS Mobility Limited" from the dropdown menu under "Issue Name."

Step 4: Enter your application number. 

Step 5: Give the PAN ID. 

Step 6: Select 'I am not a robot' and press the search button.

How to Check IPO Allotment Status in a Bank Account? 

Log into your Internet Banking: Go to your bank's website or mobile app and log in. 

Explore IPO Section: Locate the "IPO Services" or "Application Status" sections by going to the IPO Section. You can find this under the investing or services tab. 

Offer Required Information: You might be asked to provide information like your PAN, application number, or other identifiers. 

Verify Allotment Status: An IPO allotment status that indicates the available shares for allocation should show up once you submit your information. 

Verify Status: To ensure accuracy, you can verify the status with the IPO Registrar or use other resources.

How to Check IPO Allotment Status in a Demat Account? 

Open Your Demat Account and Log in: To access your Demat account, use the mobile app or website of your Depository Participant (DP). 

Find IPO Section: Look for the section titled "IPO" or "Portfolio." Search for any services or entries connected to the IPO. 

Verify IPO Allotment Status: Look through the IPO section to see if the shares you were given are visible in your Demat account. This section often displays the status of your IPO application. 

Verify with Registrar: If the IPO shares are inaccessible, visit the Registrar's website and enter your application data to verify allocation. 

Contact DP service if Needed: If there are any discrepancies or problems, contact your DP's customer service.

ECOS Mobility IPO Timeline:

ECOS Mobility IPO Subscription Status

The ECOS Mobility IPO received 64.18 subscriptions. By 30th August, 2024 5:41:07 PM (Day 3), the public issue had been subscribed 19.66 times in the retail category, 136.85 times in the QIB category, and 71.17 times in the NII category.

Subscription Day 3
Total Subscription: 64.18 times.
QIBs: 136.85 times.
Non-institutional investors: 71.17 times.
Retail investors: 19.66 times.

Subscription Day 2
Total Subscription: 9.64 times.
QIBs: 0.10 times.
Non-institutional investors: 23.53 times.
Retail investors: 9.14 times.

Subscription Day 1
Total Subscription: 3.41 times.
QIBs: 0.04 times.
Non-institutional investors: 6.70 times.
Retail investors: 3.93 times.

ECOS Mobility IPO Details

ECOS Mobility's initial public offering (IPO) is a book-built issue amounting to ₹601.20 crores. This offering consists entirely of an offer for the sale of 1.8 crore shares.

The bidding process for the ECOS Mobility IPO commenced on 28th August 2024 and concluded on 30th August 2024. The allotment results for this IPO are anticipated to be finalised on 2nd September 2024. Furthermore, the shares of ECOS (India) Mobility are set to be listed on the BSE and NSE, with a provisional listing date scheduled for 4th September 2024.

The price range for the ECOS Mobility IPO has been established between ₹318 and ₹334 per share. Investors must apply for a minimum lot size of 44 shares, which requires a minimum investment of ₹14,696 for retail investors. For small non-institutional investors (sNII), the minimum investment consists of 14 lots (616 shares), totalling ₹205,744. In contrast, for big non-institutional investors (bNII), the minimum investment is 69 lots (3,036 shares), amounting to ₹1,014,024.

Equirus Capital Private Limited and Iifl Securities Ltd serve as the book-running lead managers for the ECOS Mobility IPO. Link Intime India Private Ltd is designated as the registrar for this offering.