ECO Mobility IPO opens to investors for bidding on August 28. The company will stop taking bids on August 30. 

Issue Size

The company wants to raise Rs 601.20 crore from investors through an offer for sale of 18 million shares. As the issue is purely an offer for sale, the funds will not go to the company but to the promoters and other selling shareholders of the company. 

ECOS Mobility IPO details

ECO Mobility kept the IPO price band in a range of Rs 318 to Rs 334 per equity share. The allotment of the shares is expected to be finalised by September 02. The listing is likely to be on September 04 on NSE and BSE, as per the tentative schedule. 

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