Ecos Mobility News Today

The momentum of the IPO is expected to continue this year as well with bigger deals. Investors are eager to tap stock market ahead of general elections. Sentiment towards new-age companies has improved as well, said Arvinder Singh Nanda, Senior Vice President, of Master Capital Services Ltd

The maiden public issue is entirely 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 has been providing chauffeured car rentals and employee transportation services to corporate customers for more than 25 years.