Ecos India files IPO preliminary papers for OFS of 1.8 crore equity shares by promoters, a chauffeur-driven car rental and employee transport provider.

Ecos (India) Mobility & Hospitality Ltd files preliminary papers with Sebi to raise funds via an initial public offering (IPO). The IPO is an offer for sale (OFS) of 1.8 crore equity shares by promoters Rajesh Loomba and Aditya Loomba with no fresh issue component. The company provides chauffeured car rentals (CCR) and employee transportation services (ETS) to corporate customers for over 25 years and operates a fleet of over 9,000 vehicles.

March 29, 2024
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