ETHOS LTD. IPO was launched on 18-May-22. Here is all you need to know about this IPO.
Established in 2003, Ethos watches is one of the most reputed watch retailers. It has around 50 stores in India and sells around 60 premium luxury watch brands. Ethos is the largest Indian chain of luxury wrist watch boutiques. They sell both new and pre-owned watches. Apart from selling watches they also sell accessories like straps, watch winders, jewellery boxes etc.
ETHOS LTD. IPO Details | |
---|---|
Issue Opening Date | 18-May-22 |
Issue Closing Date | 20-May-22 |
Issue Type | OFFERS FOR SALE CUM FRESH CAPITAL |
Issue Size (INR bn) | 4.0 |
Fresh Issue (No.of shares) | 4,271,070 |
Offer for Sale (No.of shares) | 310,430 |
Face Value (INR) | 10.00 |
IPO Price Band (INR) | 836 to 878 |
Market Lot (No.of shares) | 17 |
Min Order Quantity | 17 |
Listing At | BSE / NSE |
Pricing Method | BOOKBUILDING |
Year of Incorporation | 2007 |
Industry | WATCHES & ACCESSORIES |
Total Issue Size (No.of shares) | 4,581,500 |
Objects Of Issue | REPAYMENT OR PRE-PAYMENT, IN FULL OR IN PART, OF ALL OR CERTAIN BORROWINGS AVAILED BY COMPANY # FUNDING WORKING CAPITAL REQUIREMENTS OF OUR COMPANY # FINANCING THE CAPITAL EXPENDITURE FOR (I) ESTABLISHING NEW STORES AND RENOVATION OF CERTAIN EXISTING STORES AND (II) UPGRADATION OF ENTERPRISE RESOURCE PLANNING SOFTWARE #GENERAL CORPORATE PURPOSE #OFFER RELATED EXPENSES IN RELATION TO THE FRESH ISSUE |
Registrar Details | KFIN TECHNOLOGIES LTD. |
ETHOS LTD. IPO Timetable | |
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Bid/Offer Launch Date | 18-May-22 |
Bid/Offer Close Date | 20-May-22 |
Basis of Allotment Finalization Date | - |
Initiation of Refunds | - |
Credit of Shares to Demat Account | - |
Listing Date | 30-May-22 |
ETHOS LTD. IPO Shares Offered | |
---|---|
Category | Shares Offered |
QIB | 2,290,750 |
HNI | 687,225 |
Retail | 1,603,525 |
Employee | - |
Others | - |
Total | 4,581,500 |
ETHOS LTD. IPO Promoter Holding | |
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Pre Issue Share Holding | 81% |
Post Issue Share Holding | 65% |
ETHOS LTD. Overall Subscription details (Times subscribed) | |
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Category | Subscription Status |
QIB | 1.37 |
HNI | 1.93 |
Retail | 0.24 |
Employee | - |
Others | - |
Total | 1.06 |
ETHOS LTD. Date wise Subscription | |||||||
---|---|---|---|---|---|---|---|
Date | QIB | HNI | Retail | Employee | Mutual Funds | Others | Total |
Day 1 (18-May-22) | - | 0.05 | 0.64 | - | - | - | 0.59 |
Day 2 (19-May-22) | 0.36 | 0.30 | 0.83 | - | - | - | 0.74 |
Day 3 (20-May-22) | 1.83 | 1.81 | 1.02 | - | 2.49 | - | 1.26 |
ETHOS LTD. Financials | ||||
---|---|---|---|---|
Year Ending | 31-Mar-19 | 31-Mar-20 | 31-Mar-21 | |
Total Income | (Rs m) | 4,433.50 | 4,642.30 | 4,035.40 |
Total Expenditure | (Rs m) | 4,249.00 | 4,629.80 | 3,972.40 |
Net Profit After Tax | (Rs m) | 112.00 | 0.40 | 112.00 |
Company Address | PLOT NO.3,SECTOR III, PARWANOO 173220, HIMACHAL PRADESH |
Data Sourced from:
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Below is the schedule for the same:
ETHOS LTD. IPO
IPO opens on: 18-May-22
IPO closes on: 20-May-22
The lot size of ETHOS LTD. IPO is 17 shares. Investors will need to apply for a minimum order of 17 shares and in multiples thereof.
An investor can apply in ETHOS LTD. IPO online using either UPI or Application Supported by Blocked Amount (ASBA) as payment method.
While ASBA IPO application is available in the net banking section, UPI IPO application is offered by brokers who don't offer banking services.
The tentative finalization of basis of allotment for ETHOS LTD. IPO will be done on -, and the allotted shares will be credited to your demat account by -.
The tentative listing date of ETHOS LTD. IPO is scheduled for 30-May-22.
Shares of ETHOS LTD. are expected to list on BSE / NSE.
At present, one share of ETHOS LTD. has a face value of Rs 10.00.
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