The largest luxury and premium watch segment company Ethos Limited IPO will open on 18 May 2022 and closes on 20 May 2022. The company fund raise ₹472.28 crore through this IPO. The IPO will have a fresh issue of ₹375.00 crore and an offer for sale of ₹97.28 crore. The company fixed the price band of this IPO at ₹836 to ₹878 Per Share. The company has reserved 50% for QIB, 35% for retail and 15% for NII in this IPO. You can check here to know Ethos Limited IPO GMP and Ethos Limited IPO subscription status here.
Ethos Limited is the India’s one of the largest luxury and premium watch retail player in India. The company offer an Omnichannel experience to our customers through our website and social media platforms. We have the sizeable portfolio of premium and luxury watches in India enabling us to retail 50 premium and luxury watch brands 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. The company market share of 20% in the luxury watch retail segment and 13% in the premium and luxury watch retail segment in India financial year 2020.
| Read also: Upcoming IPO List 2022 |
The company has 50 physical retail stores in 17 cities of National Capital Territory of Delhi Mumbai, Maharashtra; Bengaluru, Karnataka; Hyderabad, Telangana, Chennai, Tamil Nadu, Kolkata, West Bengal, union territory of Chandigarh, Ahmedabad, Gujarat, Jaipur, Rajasthan, Lucknow, Uttar Pradesh, Gurgaon, Haryana; Guwahati, Assam, Ludhiana, Punjab; Nagpur, Maharashtra, Noida, Uttar Pradesh, Pune, Maharashtra and Thane, Maharashtra in India.
Company Strenghts :
- Access to large luxury customer base
- Leading luxury watch Omnichannel retail player of India
- Strategically located and well invested store network with attractive in-store experience
- Strong and long-standing relationships with luxury watch brands
- Leadership position in an attractive luxury watch market
- Early mover advantage in certified pre-owned business
- Founder-led company supported by a professional management team
Ethos Limited IPO Review :
■ AVOID
Ethos Limited IPO Date & Price Band & Details :
| IPO Open : | 18 May 2022 |
| IPO Close : | 20 May 2022 |
| IPO Size : | ₹472.28. Cr |
| Face Value : | ₹10. Equity Share |
| Price Band : | ₹836–₹878 Per Share |
| Listing On : | BSE, NSE |
| Issue Size : | ₹472.28. Cr |
| Fresh Issue : | ₹375.00. Cr |
| Offer For Sale : | ₹97.28. Cr |
Ethos Limited IPO Market Lot :
Ethos Limited IPO Minimum Market lot is 1 Lot with 17 shares with ₹14,926 Application amount. The retail investors can apply up to 13 lots with 221 Shares or ₹194,038 amounts.
| Minimum Lot Size : | 1 Lot |
| Minimum Share : | 17 Shares |
| Minimum Amount : | ₹14,926 |
| Maximum Lot Size : | 13 Lot |
| Maximum shares : | 221 Shares |
| Maximum Amount : | ₹194,038 |
Ethos Limited IPO Shares Offer :
A Total of 53,79,108 shares are to be bid for the public issue by Ethos Limited IPO with 42,71,071 for Fresh issue and 11,08,037 for offer for sale Shares.
| Category | Shares Offers | Amount |
| Fresh issue : | 42,72,071 | ₹375.00 Cr |
| Offer For Sale : | 11,08,037 | ₹97.28 Cr |
| Total : | 53,79,108 | ₹472.28 Cr |
Ethos Limited IPO Reservation :
Ethos Limited IPO Total Reservation of 53,79,108 shares are to be bid for the public issue by Ethos Limited IPO with 26,89,554 for QIB and 8,06,866 for NII 18,82,688 For RII & – Shares EMP.
| Category | Reservation | Shares | Amount |
| QIB : | 50% | 26,89,554 | ₹236.14 Cr |
| NII : | 15% | 8,06,866 | ₹70.84 Cr |
| RII : | 35% | 18,82,688 | ₹165.30 |
| EMP : | – % | – | ₹- |
| Total : | 100% | 53,79,108 | ₹472.28 Cr |
Ethos Limited IPO EPS :
The Ethos Limited company’s EPS growth is Increasing every year, which is shown to you in the table here.
| Year | EPS Growth in (Rs.) |
| 2021-9M | ₹8.74 |
| 2021 | ₹3.18 |
| 2020 | ₹0.75 |
| 2019 | ₹5.22 |
Ethos Limited IPO Peer Comparison PE :
The Ethos Limited, According to DRHP of the company no listed companies in India listed whose PE Multiple is shown in this table.
| Sr. No. | Company | PE Ratio |
| 1. | No listed companies in India | – |
Ethos Limited IPO Dates :
Ethos Limited IPO Date is 18 may 2022 an closes on 20 May 2022. The allotment will be finalized on 25 May 2022 and the IPO may list on 30 May 2022.
| Open Date : | 18 May 2022 |
| Close Date : | 20 May 2022 |
| Allotment Date : | 25 May 2022 |
| Refund Date : | 26 May 2022 |
| Share Credit Date : | 27 May 2022 |
| Listing Date : | 30 May 2022 |
Ethos Limited IPO Form :
There are two ways to apply in Ethos Limited IPO. You can apply for Ethos Limited IPO through ASBA available in your bank account. You have to go to your online bank login and select Ethos Limited IPO in the Invest section and apply through your bank account. Another option is you can apply for Ethos Limited IPO through IPO form download through NSE and BSE. See the Ethos Limited IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Ethos Limited Company Financial Report (millions) :
| Year | Revenue | Expense | PAT |
| 2021-9M | ₹42,934.76 | ₹40,770.97 | ₹1,598.78 |
| 2021 | ₹40,314.23 | ₹39,518.00 | ₹578.53 |
| 2020 | ₹46,100.56 | ₹45,868.56 | ₹133.40 |
| 2019 | ₹44,509.63 | ₹42,861.84 | ₹988.88 |
| Read also:- Rights issue list 2022 |
Company Promoters :
■ Yashovardhan Saboo
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
Ethos Limited IPO Lead Managers :
■ Emkay Global Financial Services Ltd
■ InCred Capital Financial Services Pvt Ltd
Ethos Limited IPO Registrar :
Kfin Technologies Limited
Selenium, Tower B, Plot No- 31 and 32,
Financial District, Nanakramguda, Serilingampally,
Hyderabad, Rangareedi 500 032, Telangana
Tel: +91 40 6716 2222/ 1800 309 4001
E-mail: [email protected]
Investor grievance e-mail: [email protected]
Website: www.kfintech.com
Note: Check Ethos Limited IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Ethos Limited
Plot No. 3, Sector- III, Parwanoo,
Himachal Pradesh -173 220
Phone: + 91 1792 232 462/233 402
Email: [email protected]
Website: https://www.ethoswatches.com
Ethos Limited IPO FAQs :
What is Ethos Limited IPO?
Ethos Limited IPO is Mainboard IPO. They are going to raise ₹472.29. Crores via IPO. The issue is priced at ₹836-₹878 per equity share. The IPO is to be listed on NSE, BSE.
When Ethos Limited IPO will open?
The IPO is to open on 18 May 2022 and closes on 20 may 2022 for QIB, NII & RII.
What is Ethos Limited IPO Size?
Ethos Limited IPO size is ₹472.29 Crores.
What is the Fresh issue size of Ethos Limited IPO?
The Fresh issue size of Ethos Limited IPO ₹375.00 Cr.
What is the Offer For Sale size of Ethos Limited IPO?
The Offer For Sale size of Ethos Limited IPO ₹97.29 Cr.
What is Ethos Limited IPO Price Band?
Ethos Limited IPO Price Band is ₹836-₹878 Per share.
What is Ethos Limited IPO Minimum and Maximum Lot Size?
The minimum 17 Shares with ₹14,926 amount while the maximum 221 shares with ₹194,038.
What is Ethos Limited IPO Investors Portion?
The investors’ portion for QIB 50%, NII 15%, RII 35%.
What is Ethos Limited IPO Allotment Date?
Ethos Limited IPO allotment date is 25 May 2022.
What is Ethos Limited IPO Listing Date?
Ethos Limited IPO listing date is 30 May 2022. The IPO to list on NSE, BSE.
How to Apply the Ethos Limited IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Ethos Limited IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Ethos Limited IPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Ethos Limited IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Ethos Limited IPO through Groww?
Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Ethos Limited IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Ethos Limited IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Ethos Limited IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Ethos Limited IPO GMP: Click Here Ethos Limited IPO Subscription: Click Here Ethos Limited IPO Allotment: Click Here Ethos Limited IPO Listing: Click Here |
All Ethos Limited IPO-related links are available here. If you want to know the details then click on Click Here Link.
Disclaimer: STOCK MARKET INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY BEFORE INVESTING.