August 28, 2024 - August 30, 2024

ECO Mobility IPO Review & Recommendations

Dilip Davda has given "Apply" recommendation to ECO Mobility IPO.

ECO Mobility IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	1	0	0	0	0
%	100.00	0.00	0.00	0.00	0.00

ECO Mobility IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	Apply

ECO Mobility IPO Review by Dilip Davda (Apply)

[Dilip Davda] The company is the leader in chauffeur driven car services for corporate customers and is having a niche place in B2B segment for corporate employees/customers/guests’ mobility. After suffering a bit during the Pandemic, it gained momentum and posted good growth in its performances for FY23 and FY24. Based on FY24 earnings, the issue relatively appears fully priced. Though this is a pure secondary offer, post listing, higher visibility and unlocking the value, it will get more preference as a listed company for its business. Investors may park funds for the medium to long term. Read detail review...

ECO Mobility IPO Peer Comparison

ECOS (India) Mobility & Hospitality Limited peer comparison with similar listed entities. (As on March 31, 2024)

Company Name	EPS (Basic)	EPS (Diluted)	NAV (per share) (Rs)	P/E (x)	RoNW (%)	Financial statements
ECOS (India) Mobility & Hospitality Limited	10.42	10.42	29.57		42.75
Wise Travel India Limited	12.79	12.79	89.52	20.82	15.62	Consolidated
Shree Osfm E-mobility Limited	7.02	7.02	58.64	23.73	15.24	Standalone

Financial information for ECOS (India) Mobility & Hospitality Limited is derived from the Restated Financial Information as of and for the financial year ended March 31, 2024.

Notes for Listed Peers:

Shree OSFM E-Mobility Ltd does not have a subsidiary.

For Wise Travel India Limited and Shree OSFM E-Mobility Limited, financial information is taken from the financials published on the NSE website for Fiscal 2024.

Return on net worth (RoNW) is computed as profit for the year attributable to common shareholders of the parent divided by net worth (excluding non-controlling interest), as at March 31, 2024.
NAV per equity share has been computed as the net worth attributable to common shareholders (excluding non-controlling interest) divided by the total number of shares outstanding as of March 31, 2024.
P/E Ratio has been computed based on the closing market price of the equity shares as on August 16, 2024 on www.nseindia.com, divided by the Diluted EPS as on March 31, 2024

ECO Mobility IPO Review by Members

ECO Mobility IPO Reviews, analysis and views by popular members. Read ECOS (India) Mobility & Hospitality Limited IPO reviews by retail investors to find recommended ipo to buy.

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ECO Mobility IPO Review Summary by Members

Review By	Apply	May Apply	Neutral	Avoid
Count	0	1	0	0
%	0.00	100.00	0.00	0.00

Member	Review
Dhanvantri	May Apply for Listing Gain at Upper Price Band Good Returns Good cash in hand dependant on vendors total issue offer for sale Previous sme ipo Win cabs unable to give strong return to investors So if apply got allotment book profit on listing. \| August 24, 2024 3:18:55 PM

Member

Review

Dhanvantri

May Apply for Listing Gain at Upper Price Band

Good Returns Good cash in hand dependant on vendors total issue offer for sale Previous sme ipo Win cabs unable to give strong return to investors So if apply got allotment book profit on listing.

August 24, 2024 3:18:55 PM

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