India's Ecos Mobility jumps 35% in debut trade

ECOS (India) Mobility & Hospitality

04/09/2024 07:45

** Shares of Ecos (India) Mobility & Hospitality  ECOS.NS  surge
35% to 450.2 rupees on the first day of trading 
    ** The company which has transportation, hospitality and
event management businesses, opened at 390 rupees, a ~17%
premium on its IPO price of 334 rupees 
    ** ECOS IPO included 18 million shares for offer for sale,
worth 6.01 billion rupees (about $72 million) 
    ** Co's IPO does not include fresh offer of shares
    
($1 = 83.9625 Indian rupees)

 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com; +918447554364;))