ECOS Mobility IPO Allotment Expected Today: GMP Soars After Massive Subscription—Here’s How to Check Your Status Online

The initial public offering (IPO) for ECOS (India) Mobility & Hospitality Limited ended on 30th August 2024, after three days of bidding. Now, those who applied are eagerly waiting for the ECOS Mobility IPO allotment date. Based on the ‘T+3’ listing rule, the shares are expected to be listed on 4th September 2024, Wednesday. This means the allotment date could be today or on Monday, 2nd September 2024. Applicants can check their allotment status online on the BSE website or through Link Intime India Private Limited, the official registrar.

The grey market has responded positively after the bidding ended, with ECOS Mobility shares trading at a premium of ₹160 today, up ₹7 from Friday’s premium of ₹153.

The IPO received strong interest, being subscribed 64.26 times overall. The retail portion was subscribed 19.79 times, the non-institutional investor (NII) segment 71.23 times, and the qualified institutional buyer (QIB) portion 136.85 times.

How to Check ECOS Mobility IPO Allotment Status

To check the allotment status, applicants can visit the BSE website at bseindia.com or the Link Intime website at linkintime.co.in.

ECOS Mobility IPO Timeline

If the allotment is not announced today, it will likely be done on Monday, 2nd September 2024. The shares are expected to be listed on 4th September 2024, Wednesday.