Ethos IPO date is fixed, the IPO is to open on May 18 and closes on May 20, 2020. Ethos IPO to raise around Rs.472 crores via IPO that comprises fresh issue of Rs.375 crores and offer for sale up to 1,108,037 equity shares of Rs.10 each. The retail quota is 35% while QIB is 50% and HNI is 15%.
Ethos Limited is one of the largest luxury and premium watches retailer in India. The company is selling luxury branded watches like Omega, IWC Schaffhausen, Jaeger LeCoultre, Panerai, Bvlgari, H. Moser & Cie, Rado, Longines, Baume & Mercier, Oris SA, Corum, Carl F Bucherer, Tissot, Raymond Weil, Louis Moinet and Balmain. They have around 60 luxury watches brands in India and 50 stores in India across 17 cities in India.
Ethos Limited is promoted by KDDL Limited, which opened its first store in 2003 in Chandigarh. They are selling products online and offline modes where customers can order. The delivering products to customers' doorstep. The Indian cities include New Delhi Mumbai, Bengaluru, Hyderabad, Chennai, Kolkata, Chandigarh, Ahmedabad, Jaipur, Lucknow, Gurgaon, Guwahati, Ludhiana, Nagpur, Noida, Pune, and Thane in India.
Ethos IPO Date, Size & Price Band
| Ethos IPO Date | 18 – 20 May 2022 |
| IPO Price Band | INR836 – 878 per share |
| Fresh issue | INR375 crore |
| Offer For Sale | 11,08,037 equity shares (INR92.63 – 97.29 crore) |
| Total IPO size | INR467.63 – 472.29 crore |
| Minimum bid (lot size) | 17 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
Ethos IPO Market Lot
The Ethos IPO minimum market lot is 17 shares with Rs.14,926 application amount. The retail investors can apply up-to 13 lots with 221 shares or Rs.194,038 amount.
Ethos IPO Allotment & Listing Dates
The Ethos IPO date is May 18, 2022 and the close date is May 20, 2022. The Ethos IPO allotment will be finalized on May 25, 2022 and the IPO listing on May 30, 2022.
Ethos Company Financial Report
Rs. in Crores
Revenue(Rs.) Expense(Rs.) PAT(Rs.) 2019 445 429 9.89 2020 461 459 -1.33 2021 403 395 5.79 2021 6M
231 226 3.75
| Rs. in Crores | |||||
| Revenue(Rs.) | Expense(Rs.) | PAT(Rs.) | |||
| 2019 | 445 | 429 | 9.89 | ||
| 2020 | 461 | 459 | -1.33 | ||
| 2021 | 403 | 395 | 5.79 | ||
| 2021 6M | 231 | 226 | 3.75 | ||
Peer Group
- There are no listed companies in India that engage in a business similar to that of our Company as per DRHP.
Company Promoters
- Yashovardhan Saboo
- KDDL Limited
- Mahen Distribution Limited
Ethos IPO Registrar
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: ethosltd@kfintech.com
Website: https://karisma.kfintech.com/
Ethos IPO Allotment Status Check
Check Ethos IPO allotment status on KFintech website allotment URL. Click Here
Ethos IPO Lead Managers
- Emkay Global Financial Services Ltd
- InCred Capital Financial Services Pvt Ltd
Company Address
Ethos Limited
Plot No. 3,
Sector- III, Parwanoo,
Himachal Pradesh -173 220
Phone: + 91 1792 232 462/233 402
Email: anil.dhiman@ethoswatches.com
Website: https://www.ethoswatches.com/
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