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ECO Mobility IPO vs Tolins Tyres IPO

Comparision between ECO Mobility IPO and Tolins Tyres IPO.

IPO Details

ECO Mobility IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Tolins Tyres IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

  ECO Mobility IPO Tolins Tyres IPO
Logo ECO Mobility IPO Logo Tolins Tyres IPO Logo
Issue Category Mainline Mainline
Issue Type IPO IPO
Process Type Book Built Issue Book Built Issue
Listing At BSE, NSE BSE, NSE
Lead Managers Equirus Capital Private Limited

Iifl Securities Ltd
Saffron Capital Advisors Private Limited
Registrar Link Intime India Private Ltd Cameo Corporate Services Limited
Market Maker
DRHP DRHP DRHP
RHP RHP RHP
Anchor Investor Anchor Investor Anchor Investor
IPO Allotment URL IPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of ECO Mobility IPO is up to ₹601.20 Cr whereas the issue size of the Tolins Tyres IPO is up to ₹230.00 Cr. The final issue price of ECO Mobility IPO is ₹334.00 per share and of Tolins Tyres IPO is ₹226.00 per share.

  ECO Mobility IPO Tolins Tyres IPO
Face Value ₹2 per share ₹5 per share
Issue Price (Lower) ₹318.00 per share ₹215.00 per share
Issue Price (Upper) ₹334.00 per share ₹226.00 per share
Issue Price (Final) ₹334.00 per share ₹226.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size 44 shares 66 shares
Fresh Issue Size 88,49,558 shares
Fresh Issue Size (Amount) up to ₹200.00 Cr
OFS Issue Size 1,80,00,000 shares 13,27,434 shares
OFS Issue Size (Amount) up to ₹601.20 Cr up to ₹30.00 Cr
Issue Size Total 1,80,00,000 shares 1,01,76,992 shares
Issue Size Total (Amount) up to ₹601.20 Cr up to ₹230.00 Cr

IPO Timetable

ECO Mobility IPO opens on Aug 28, 2024, while Tolins Tyres IPO opens on Sep 09, 2024. The closing date of ECO Mobility IPO and Tolins Tyres IPO is Aug 30, 2024, and Sep 11, 2024, respectively.

  ECO Mobility IPO Tolins Tyres IPO
Anchor Bid Date Aug 27, 2024 Sep 06, 2024
Issue Open Aug 28, 2024 Sep 09, 2024
Issue Close Aug 30, 2024 Sep 11, 2024
Basis Of Allotment (Tentative) Sep 02, 2024 Sep 12, 2024
Initiation of Refunds (Tentative) Sep 03, 2024 Sep 13, 2024
Credit of Share (Tentative) Sep 03, 2024 Sep 13, 2024
Listing date (Tentative) Sep 04, 2024 Sep 16, 2024
Anchor Lockin End date 1 Oct 02, 2024 Oct 12, 2024
Anchor Lockin End date 2 Dec 01, 2024 Dec 11, 2024

Financials

ECO Mobility IPO P/E ratio is 32.05, as compared to Tolins Tyres IPO P/E ratio of 26.64.

  ECO Mobility IPO Tolins Tyres IPO
Financial

ECOS (India) Mobility & Hospitality Limited Financial Information (Restated Consolidated)

ECOS (India) Mobility & Hospitality Limited's revenue increased by 34% and profit after tax (PAT) rose by 43% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets296.66229.71112.38
Revenue568.21425.43151.55
Profit After Tax62.5343.599.87
Net Worth177.41115.1371.56
Reserves and Surplus165.41115.0771.5
Total Borrowing21.7232.953.34
Amount in ₹ Crore

Tolins Tyres Limited Financial Information (Restated Consolidated)

Period Ended31 Mar 2024
Assets221.6
Revenue228.69
Profit After Tax26.01
Net Worth100.53
Reserves and Surplus85.07
Total Borrowing78.77
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue) 97.75% 92.64%
Promoter Shareholding (Post-Issue) 67.75% 68.53%
P/E Ratio 32.05 26.64
Market Cap ₹2004.00 Cr. ₹892.90 Cr.
ROE 42.75%% 25.87%%
ROCE 42.88%% 36.08%%
Debt/Equity 0.12 0.78
EPS ₹10.42 ₹8.48
RoNW 42.75%% 25.87%%

Shares Offered

In the ECO Mobility IPO retail investors (RII) are offered 63,00,000 shares while in Tolins Tyres IPO retail investors are offered 63,00,000 shares. Qualified institutional buyers (QIB) are offered 36,00,000 shares in ECO Mobility IPO and 20,35,398 shares in Tolins Tyres IPO.

  ECO Mobility IPO Tolins Tyres IPO
Anchor Investor Reserveration 54,00,000 shares 30,53,097 shares
Market Maker Reserveration
QIB 36,00,000 shares 20,35,398 shares
NII 27,00,000 shares 15,26,549 shares
RII 63,00,000 shares 35,61,947 shares
Employee 0 shares 0 shares
Others
Total 1,26,00,000 shares 71,23,894 shares

Bids Received (Subscription)

ECO Mobility IPO subscribed 64.18x in total, whereas Tolins Tyres IPO subscribed 25.03x.

  ECO Mobility IPO Tolins Tyres IPO
QIB (times) 136.85x 26.72x
NII (times) 71.17x 28.80x
Big NII (times) 74.66x 26.39x
Small NII (times) 64.19x 33.63x
RII (times) 19.66x 22.45x
Employee (times)
Other (times)
Total (times) 64.18x 25.03x

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