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Company Information

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ECOS (INDIA) MOBILITY & HOSPITALITY LTD.

21 January 2025 | 12:00

Industry >> Tours & Travels

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ISIN No INE06HJ01020 BSE Code / NSE Code 544239 / ECOSMOBLTY Book Value (Rs.) 31.35 Face Value 2.00
Bookclosure 52Week High 594 EPS 10.18 P/E 25.23
Market Cap. 1541.10 Cr. 52Week Low 234 P/BV / Div Yield (%) 8.19 / 0.00 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
Our Company was originally incorporated as "ET TRAV-AIDES Private Limited" as a private limited company under the Companies Act, 1956 through certificate of incorporation dated February 15, 1996, issued by the RoC. Thereafter, the name of the Company was changed to "Ecos (India) Mobility & Hospitality Private Limited" pursuant to a Board resolution dated August 08, 2008 and a special resolution passed in the general meeting of the Shareholders held on August 12, 2008 and consequently a fresh certificate of incorporation dated September 23, 2008 was issued by the RoC to reflect the change in name. Thereafter, the name of our Company was changed to "Ecos (India) Mobility & Hospitality Limited" upon conversion to a public limited company pursuant to a Board resolution dated February 29, 2024 and a resolution passed in the extra-ordinary general meeting of the Shareholders held on February 29, 2024 and consequently a fresh certificate of incorporation dated March 22, 2024, was issued by the RoC.

Major Events and Milestones:
1996
 Incorporated in Delhi on February 15, 1996. Commenced operations with a focus on serving Corporates.

2001
 Acquired the contract to provide transportation services to a prestigious NCR hotel

2006
 Honoured to be included on the panel of transporter of MEA, Govt of India, to provide ground transport services to the VVIP delegations visiting India.

2008
 Designed and developed exclusive software for business operations

2010
 Opened Noida branch office

2011
 Acquired first pan India client, a Fortune 500 company*

2012
 Initiated the establishment of a vendor network across India to serve clients
 Open Branch Offices in Bangalore, Mumbai, Pune

2013
 Opened branch offices in Chennai and Hyderabad

2014
 Opened Jaipur branch office

2015
 Crossed ?1,000.00 million of revenue mark for the first time

2016
 Established GIS related services for trip monitoring using GPS
 Opened branch offices in Kolkata, Ahmedabad

2017
 Launched online booking tool and integrated APIs to digitize reservations
 Crossed ?2,000.00 million of revenue mark for the first time
 Open Branch in Lucknow

2018
 Opened branch office in Coimbatore

2019
 Expanded our network outside India
 Launched the `Eco Driver' application

2020
 Crossed ?4,000.00 million of revenue mark for the first time

2021
 Launched the `Eco Rent A Car' application

2023
 Provided premium transport to G20 delegates in 25 cities across India
 Crossed pre-covid maximum revenue in the Financial Year 2023
 Opened sales liaison office in Chandigarh

2024
 Launched end-to-end managed corporate car hire services with CabDrivePro