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Issue Size
60,03,200 shares (agg. up to ₹[.] Cr)
Listing Date
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✦ AI Insight
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 85.56 | 91.41 | 77.43 | 72.27 |
| Total Income | 48.97 | 76.30 | 47.98 | 166.46 |
| Profit After Tax | 6.49 | 7.60 | 1.76 | 7.26 |
| NET Worth | 65.53 | 59.05 | 51.40 | 49.60 |
| Total Borrowing | 4.70 | 19.13 | 18.77 | 13.29 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Happy Steels Ltd. | SME | ₹25.00 Cr | ₹66 | 9.76 | ₹68.50 | +3.79% | ₹62.25 (-0.32%) |
| Autofurnish Ltd. | SME | ₹14.60 Cr | ₹41 | 11.64 | ₹45.15 | +10.12% | ₹58.88 (+6.96%) |
| Gallard Steel Ltd. | SME | ₹37.50 Cr | ₹150 | 17.31 | ₹234.25 | +56.17% | ₹157.00 (+0.00%) |
| SEDEMAC Mechatronics Ltd. | Mainboard | ₹1,087.35 Cr | ₹1352 | 126.91 | ₹1,451.10 | +7.33% | ₹2,689.20 (-2.30%) |
| Tenneco Clean Air India Ltd. | Mainboard | ₹3,600.00 Cr | ₹397 | 28.97 | ₹490.80 | +23.63% | ₹539.95 (-0.71%) |
| Studds Accessories Ltd. | Mainboard | ₹455.49 Cr | ₹585 | 33.06 | ₹560.30 | -4.22% | ₹450.60 (+2.14%) |
About Ecofuel Systems India IPO
Incorporated in January 2003, Eco Fuel Systems (India) Limited trades, distributes, retrofits, integrates, and tests alternative fuel systems, such as LPG, CNG, and LNG conversion kits for three-wheelers, four-wheelers, and heavy-duty vehicles. The company's operations are primarily conducted on a B2B and retail basis in India. The company has sole distribution rights in India for the promotion, marketing, sale, installation, and aftermarket assistance of LPG, CNG, and LNG conversion kits under the LOVATO brand. As of September 2024, Fiscal 2024, Fiscal 2023 and Fiscal 2022, the company had revenue from operations of ₹ 4,647.13 lakhs, ₹ 7,539.08 lakhs, ₹ 4,702.39 lakhs and ₹ 16,471.92 lakhs in the same respective periods. As of December 31, 2024, the company employed 55 people, including their Directors. Competitive Strength Experienced Management Team Poised to capture growth in the CNG Vehicles Market India. Exclusive agreement with Landi Renzo SpA Involved in automobile ancillary projects for retail customers via dealers, distributors, government tenders, and corporate clients. Distribute products based on customer demand. + Read More
Contact Details
Ecofuel Systems India Ltd. AddressB-102, Bellona Bldg.,Pant Nagar 90 Feet Road,Ghatkopar (E)Mumbai, Maharashtra, 400075+91 022-4089550ipo@ecofuelsystemindia.comVisit Website