43  Total SME IPOs listed in 2025

1993.07 Crs.  Total funds raised in 2025

32  SME IPOs listed with Gain in 2025

11  SME IPOs listed with loss in 2025

43  Total SME IPOs listed in 2025

1993.07 Crs.  Total funds raised in 2025

32  SME IPOs listed with Gain in 2025

11  SME IPOs listed with loss in 2025

43  Total SME IPOs listed in 2025

1993.07 Crs.  Total funds raised in 2025

32  SME IPOs listed with Gain in 2025

11  SME IPOs listed with loss in 2025

43  Total SME IPOs listed in 2025

1993.07 Crs.  Total funds raised in 2025

32  SME IPOs listed with Gain in 2025

11  SME IPOs listed with loss in 2025

     List of All Upcoming SME IPOs
Ecofuel Systems (India) Limited IPO (Ecofuel Systems (India) IPO) Details

Mumbai

Date of DRHP : 25 Feb 2025

Issue Type : Book Building Process

IPO Type : SME IPO

Ecofuel Systems Basic Details

   Automobile

Sub Sector: trading, distribution, retro fitment, kit integration, and testing of alternative fuel systems

Exchange:
NSE Emerge

About the Company

Eco Fuel Systems 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. Their operations encompass not only the supply of conversion kits to their extensive network of dealers and distributors but also retro-fitment services for vehicles, ensuring seamless integration and optimized efficiency for their clients. They source their components from Landi Renzo SpA, a globally recognized company based in Italy, which sells its Alternate fuel kits under the brand name LOVATO. They have a long-term agreement that allows them to market and sell LPG, CNG, and LNG conversion kits in India under the LOVATO brand name.

Financial Summary (Annualised Basis)

Revenue :
97.92 Cr.

PAT :
12.98 Cr.

Ecofuel Systems IPO Lead Manager(s)

Arihant Capital Markets Limited

Ecofuel Systems IPO Registrar

Skyline Financial Services Private Limited

Ecofuel Systems DRHP Details

Objects of issue

  • 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
  • Loan to subsidiary Company, Ecofuel Cylinders Private Limited to meet it’s Working Capital requirement
  • General corporate purposes

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FAQs

Ecofuel Systems (India) operates in Automobile and trading, distribution, retro fitment, kit integration, and testing of alternative fuel systems. The Issue would be listed on SME. The registrar of the Issue is Skyline Financial Services Private Limited. The IPO type of Ecofuel Systems (India) is Book Building Process and Object of issue is

  • 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
  • Loan to subsidiary Company, Ecofuel Cylinders Private Limited to meet it’s Working Capital requirement
  • General corporate purposes

The DRHP (Draft Red Herring Prospectus) of Ecofuel Systems (India) IPO was filed on 25 Feb 2025.

No, Ecofuel Systems (India) IPO is not yet listed. See other upcoming SME IPOs here.

The IPO open date and IPO close date of Ecofuel Systems (India) are not available now. You can apply in Ecofuel Systems (India) IPO online using either UPI or ASBA as a payment method. ASBA IPO application can be done through net banking of your bank account. UPI IPO application is also offered by brokers, though they don't handle any banking services.

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