Ecofuel Systems India Limited - IPO
SMEEcofuel Systems India IPO Details
Ecofuel Systems India IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
To be announced | |||
Ecofuel Systems India IPO Reservation
Promoter Holding
Documents
Ecofuel Systems India IPO Valuations
Ecofuel Systems India Limited Financial Information
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 85.56 | 91.41 | 77.43 | 72.27 |
| Revenue | 48.97 | 76.3 | 47.98 | 166.46 |
| Profit After Tax | 6.49 | 7.6 | 1.76 | 7.26 |
| Net Worth | 65.53 | 59.05 | 51.4 | 49.6 |
| Total Borrowing | 4.7 | 19.13 | 18.77 | 13.29 |
| Amount in ₹ Crore | ||||
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.
Strength Of Ecofuel Systems India IPO
Risk Of Ecofuel Systems India IPO
Objectives Ecofuel Systems India IPO
- Funding the capital expenditure requirements of the company by investment in Purchase of Vehicles, Modification, Development & Approval Cost.
- Funding the working capital requirements of the Company, and
- Loan to subsidiary Company, Ecofuel Cylinders Private Limited, to meet its Working Capital requirement.
- General corporate purposes.
Company Contact Details
Ecofuel Systems India Limited
B-102, Bellona Bldg.,
Pant Nagar 90 Feet Road,
Ghatkopar (E)
Mumbai, Maharashtra
Phone: +91 022-4089550
Email: ipo@ecofuelsystemindia.com
Website: http://www.ecofuel.in/
Registrar Contact Details
Lead Mangers
Arihant Capital Markets Ltd
Market Maker
To be announced