Ethos Limited IPO
Mainboard₹14,926 / 17 Shares
Ethos Limited IPO Details
The Ethos Limited IPO price band is set between ₹836-878 per equity share, with a face value of ₹10 per share. The issue is managed by KFin Technologies Limited, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 18 May, 2022 and closes on 20 May, 2022. Investors can check the allotment status on 25 May, 2022, while the listing date is tentatively scheduled for 30 May, 2022.
The total issue size is Approx 472 Crores : 375 Crores Fresh Issue + 97 Crores OFS, aggregating up to . Stay tuned for the latest Ethos Limited IPO review and GMP updates.
Ethos Limited IPO Review, Rating & Analysis
Ethos Limited IPO Review
NO REVIEWEthos Limited IPO Rating
Ethos Limited IPO Highlights
IPO Date
May 18, 2022 - May 20, 2022
Listing Date
30 May, 2022
Face Value
₹10 Per Equity Share
Price Band
₹836-878 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE, NSE
Ethos Limited IPO Lot Size
The minimum market lot for Ethos Limited IPO is 17 shares with an application amount of ₹14,926. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 17 | ₹14,926 |
| Retail (Max) | 13 | 221 | ₹1,94,038 |
| S-HNI (Min) | 14 | 238 | ₹2,08,964 |
| S-HNI (Max) | 66 | 1122 | ₹9,85,116 |
| B-HNI (Min) | 67 | 1139 | ₹10,00,042 |
Ethos Limited IPO Timeline
Issue Price
₹836-878 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
KFin Technologies LimitedLead Manager
Emkay Global Financial Services Ltd, InCred Capital Financial Services Pvt Ltd (Past IPO Performance)Issue Size
Approx 472 Crores : 375 Crores Fresh Issue + 97 Crores OFSEthos Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Sep 21 | 416.24 | 230.86 | 3.75 | - | - | - |
| 31 Mar 21 | 392.04 | 403.14 | 5.78 | - | - | - |
| 31 Mar 20 | 421.95 | 461.00 | (1.33) | - | - | - |
| 31 Mar 19 | 368.92 | 445.09 | 9.88 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Yashovardhan Saboo
- KDDL Limited
- Mahen Distribution Limited
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 81.01% | 61.65% |
About Company
Ethos Limited is the largest luxury and premium watch retailer in India. The company delivers premium luxury watches through websites, social media platforms and physical stores. Ethos Limited operates on an omnichannel model and allows customers to order products either offline or online and have the flexibility of buying products at one store and returning at another or browsing product catalogues and placing orders online with doorstep delivery.
The company's watch portfolio has 50 premium brands including 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.
The company has 50 physical retail stores in 17 cities in India including New Delhi Mumbai, Bengaluru, Hyderabad, Chennai, Kolkata, Chandigarh, Ahmedabad, Jaipur, Lucknow, Gurgaon, Guwahati, Ludhiana, Nagpur, Noida, Pune and Thane. Ethos Limited has 7,000 different premium watches and 30,000 watches in stock at any given time.
Ethos Limited IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 1,183,115 | 839,053 | 1,957,789 | 3,979,957 |
Day 1 -18-05-22 05:00 PM | 0.00 x | 0.04 | 0.53 x | 0.27 x |
Day 2 -19-05-22 05:00 PM | 0.19 x | 0.25 | 0.68 x | 0.44 x |
Day 3 -20-05-22 05:00 PM | 1.06 x | 1.48 | 0.84 x | 1.04 x |
Frequently Asked Questions about Ethos Limited IPO IPO
When will Ethos Limited IPO open for subscription?
The Ethos Limited IPO opens on 18 May, 2022 and closes on 20 May, 2022.
What is the investors portion for Ethos Limited IPO?
The investors' portion for QIB is 1.06 x, NII is 1.48, and Retail is 0.84 x.
How to apply for Ethos Limited IPO?
You can apply for Ethos Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Ethos Limited IPO?
The issue size of Ethos Limited IPO is approx ₹Approx 472 Crores : 375 Crores Fresh Issue + 97 Crores OFS crores.
What is the price band of Ethos Limited IPO?
The price band for Ethos Limited IPO is ₹836 to ₹878 per equity share.
What is the lot size of Ethos Limited IPO?
The minimum bid (lot size) for Ethos Limited IPO is N/A shares with an investment of approx ₹14,926 .
What is the allotment date of Ethos Limited IPO?
The allotment date for Ethos Limited IPO is 25 May, 2022.
What is the listing date of Ethos Limited IPO?
The listing date for Ethos Limited IPO is expected to be 30 May, 2022.
What is the GMP of Ethos Limited IPO?
The latest Grey Market Premium (GMP) for Ethos Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.