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Ethos Ltd. IPO
NSE & BSE Bookbuilding IPO Fresh Capital-cum-Offer for Sale Closed Live Chart
GMP +₹0 +0% Est. Listing ₹878
Issue Price
₹878
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹878
GMP based
Lot Size
17
shares / lot
Min Amount
₹14,926
1 lot · 17 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
18 May 2022
Wed Completed
Done
Close Date
20 May 2022
Fri Completed
Done
Allotment
25 May 2022
Wed Completed
Done
Refund
26 May 2022
Thu Completed
Done
Demat Credit
27 May 2022
Fri Completed
Done
Listing Date
30 May 2022
Mon Completed
UPI Deadline: 20 May 2022
Issue Details
Pricing & Size
Issue Price
₹878 Face ₹10
Lot Size
17 shares
Min Investment
₹14,926
Total Issue Size
45,81,500 shares (aggregating up to ₹402.26 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital-cum-Offer for Sale
Listing Exchange
NSE & BSE
Script / Ticker
-
Allocation Breakdown
Market Maker
-
QIB Portion
22,90,750 (50.00%)
NII / HNI
6,87,225 (15.00%)
Retail
16,03,525 (35.00%)
Employee
-
Net Offer to Public
-
Shareholding Pattern
Pre-Issue Shareholding
1,90,78,163 shares
Post-Issue Shareholding
2,33,49,233 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 17 ₹14,926
HNI / NII 14 238 ₹2,08,964
bHNI / bNII 67 1,139 ₹10,00,042
Objects of Issue
5 objectives
1
1 Repayment or pre-payment, in full or in part, of all or certain borrowings availed by the Company
29.89 Cr
2
2 Funding working capital requirements of the Company
234.96 Cr
3
3 Financing the establishment of new stores and renovation of the certain existing stores
33.27 Cr
4
4 Financing the upgradation of ERP
1.98 Cr
5
5 General corporate purpose
36.10 Cr
Lead Managers & Market Maker
Book Running Lead Managers
Emkay Global Financial Services Ltd.
Incred Capital Financial Services Pvt.Ltd.
IPO Timeline
Open
18 May
✓ Done
Close
20 May
✓ Done
Allotment
25 May
✓ Done
Listing
30 May
✓ Done
Registrar Details
Kfin Technologies Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
04067162222, 04079611000
Email
ethosltd@kfintech.com
Company Contact
Email
anil.dhiman@ethoswatches.com
Phone
+ 91 1792 232 462/233 402
Address
Plot No. 3, Sector- III, Parwanoo, Himachal Pradesh, 173220
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹878
Est. Listing
₹878
Lot Size
17 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Ethos Ltd. LIVE
INR ·
vs Issue
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P/E
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| Price
Market Reference
IPO Issue Price
₹878
GMP
+₹0 (+0%)
GMP Est. Listing
₹878
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 22,90,750 (50.00%) ₹20,112.79 Cr
NII / HNI (Total) 6,87,225 (15.00%) ₹6,033.84 Cr
Retail Investors 16,03,525 (35.00%) ₹14,078.95 Cr
Total ** 45,81,500 (100.00%) ₹402,255.71 Cr
* Based on ₹878.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
22,90,750 (50.00%)
NII
6,87,225 (15.00%)
Retail
16,03,525 (35.00%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in Lakhs
Metric31-Dec-2131-Mar-2131-Mar-20
Revenue42934.7640314.2346100.56
PAT1598.78578.53-133.40
EBITDA
Net Worth
Total Assets49399.3139204.3842195.65
Reserves
Borrowings
Key Financial Ratios
96
Pre P/E
P/E Pre-Issue
About Ethos Ltd.

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.

As of December 31, 2021, the company's website had 21,844,216 visitor sessions.

Competitive Strengths:

  1. Access to a large base of luxury Customer.
  2. Deep understanding of digital and Omnichannel commerce.
  3. Strategically located and well-invested store network with an attractive in-store experience.
  4. Strong and long-standing relationships with luxury watch brands and luxury groups.
  5. Leadership position in an attractive luxury watch market.
  6. Experienced and committed management team with a proven track record.
Frequently Asked Questions
What is the issue price of Ethos Ltd. IPO?
The issue price of Ethos Ltd. IPO is ₹878 per share, face value ₹10.
What is the lot size?
Minimum lot size is 17 shares, requiring ₹14,926.
What are the IPO dates?
Opens 18 May 2022, closes 20 May 2022.
When is the listing date?
Tentative listing: 30 May 2022 on NSE & BSE.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹878 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Ethos Ltd. IPO · Expected 25 May 2022

Check on Registrar
Post-IPO Timeline
Allotment Date
25 May 2022
Refund Initiation
26 May 2022
Demat Credit
27 May 2022
Listing Date
30 May 2022
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹878
Face ₹10
Lot Size
17
shares / lot
Min Amount
₹14,926
1 lot
Est. Listing
₹878
GMP +₹0
Key Dates
Open
18 May Done
Close
20 May Done
Listing
30 May Done
Registrar
Kfin Technologies Ltd.
A
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