Ethos Limited IPO

Ethos Limited IPO Details

Ethos Limited IPO DateMay 18, 2022 to May 20, 2022
Ethos Limited IPO Face Value₹10 per share
Ethos Limited IPO Price₹836 to ₹878 per share
Ethos Limited IPO Lot Size17 Shares
Issue Size[.] shares of ₹10
(aggregating up to ₹472.29 Cr)
Fresh Issue[.] shares of ₹10
(aggregating up to ₹375.00 Cr)
Offer for Sale1,108,037 shares of ₹10
(aggregating up to ₹97.29 Cr)
Issue TypeBook Built Issue IPO
Listing AtBSE, NSE
QIB Shares Offered50% of the net offer
Retail Shares Offered35% of the net offer
NII (HNI) Shares Offered15% of the net offer
Company Promoters

Yashovardhan Saboo, KDDL Limited and Mahen Distribution Limited are the company promoters.

Company Financials:

Summary of financial Information (Restated Consolidated)
ParticularsFor the year/period ended (Rs in Lakhs)
 30-Sep-2131-Mar-2131-Mar-2031-Mar-19
Total Assets41,624.8839,204.3842,195.6536,892.56
Total Revenue23,086.0040,314.2346,100.5644,509.63
Profit After Tax375.41578.53-133.40988.88
Summary of financial Information (Restated Consolidated)
ParticularsFor the year/period ended (Rs in million)
 30-Sep-2131-Mar-21
Total Assets2284.192135.62
Total Revenue1269.222154.35
Profit After Tax152.09228.61
ParticularsFor the year/period ended (Rs in Lakhs)
 31-Mar-2031-Mar-19
Total Assets42,195.6536,892.56
Total Revenue46,100.5644,509.63
Profit After Tax-133.40988.88

About The Company

With 50 stores in India and over 60 premium luxury Watch brands, Ethos Watches is India’s largest chain of luxury watch boutiques. We take pride in helping our customers choose the perfect watch for themselves or their loved ones, while protecting them from rampant malpractices in India such as smuggled, fake, and refurbished Watches.

Read More

IPO Timeline

EventDate
Ethos Limited IPO Opening DateMay 18, 2022
Ethos Limited IPO Closing DateMay 20, 2022
Basis of AllotmentMay 25, 2022
Initiation of RefundsMay 26, 2022
Credit of Shares to DematMay 27, 2022
Ethos Limited IPO Listing DateMay 30, 2022

Promoter Holding

Pre Issue Share Holding79.75%
Post Issue Share Holding

 

Company Contact Information

Ethos Limited
Plot No. 3,
Sector- III, Parwanoo,
Himachal Pradesh -173 220
Phone: + 91 1792 232 462/233 402
Email: anil.dhiman@ethoswatches.com
Websitehttps://www.ethoswatches.com/

IPO Registrar

KFin Technologies Limited

Phone: 04067162222, 04079611000
Email: ethosltd@kfintech.com
Websitehttps://karisma.kfintech.com/