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Eco Fuel Systems (India) Ltd.

IPO Details
  • Issue Type Book building
  • Price range
  • Market Lot
  • Total Equity Shares 6003200
  • Face Value Rs. 10
  • Listing Date
IPO Timeline
Opening date
Closing date
Listing Date

IPO Details

Our Company is engaged in the business of trading, distribution, retro fitment, kit integration, and testing of alternative fuel systems, including LPG, CNG, and LNG conversion kits, catering to three wheelers, four-wheelers and heavy-duty vehicles. These conversion kits provide multiple advantages, such as cost efficiency, reduced environmental impact, and enhanced vehicle performance. Our operations encompass not only the supply of conversion kits to our extensive network of dealers and distributors but also retro-fitment services for vehicles, ensuring seamless integration and optimized efficiency for our clients.

Projects

1. Project Name: Funding capital expenditure requirements by investment in Purchase of Vehicles, Modification, Develo

Project Cost: 129.858

2. Project Name: Funding the working capital requirements of our Company

Project Cost: 170.174

3. Project Name: Loan to subsidiary Company, Ecofuel Cylinders Private Limited to meet its Working Capital requiremen

Project Cost: 105

Promoters

Prmoters Name

1. Virendra Maneklal Vora

2. Nemin Virendra Vora

3. Vibha Virendra Vora

Prmoters Holdings
  • Pre Share Capital: 15539761
  • Pre Promoter Holding: 98.69
  • Offer to Public: 6003200
  • Post Share Capital:
  • Post Promoter Holding:

Registrar

Registrar Name:Skyline Financial Services Pvt Ltd
Phone: 91-011-26812682/84
Email: admin@skylinerta.com
Website:

Lead Managers

  • Arihant Capital Markets Ltd.

Subscription Details