Ethos IPO date is not fixed yet, the IPO is to hit the market soon as per the market speculations. Ethos IPO to raise around ₹[.] crores via IPO that comprises fresh issue of ₹400 crores and offer for sale up to 1,108,037 equity shares of ₹10 each. The retail quota is 35% while QIB is 50% and HNI is 15%.
Ethos Limited is one of the largest luxury and premium watches retailer in India. The company is selling luxury branded watches 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. They have around 60 luxury watches brands in India and 50 stores in India across 17 cities in India.
Ethos Limited is promoted by KDDL Limited, which opened its first store in 2003 in Chandigarh. They are selling products online and offline modes where customers can order. The delivering products to customers’ doorstep. The Indian cities include New Delhi Mumbai, Bengaluru, Hyderabad, Chennai, Kolkata, Chandigarh, Ahmedabad, Jaipur, Lucknow, Gurgaon, Guwahati, Ludhiana, Nagpur, Noida, Pune, and Thane in India. You can check Ethos IPO subscription status and Ethos IPO allotment status on their respective pages.
Ethos IPO Important Details:
- Ethos is a well-known brand in India.
- Online of the largest retailer of luxury watches.
- Selling more than 60 luxury branded watches in India.
- Good presence in India with 50 stores in 17 cities.
- Have a good Luxury customer base.
- Selling products offline and online as well.
- A strong relationship with luxury brands and groups.
Ethos IPO Review (Good or Bad)
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Ethos IPO Date & Price Band
| IPO Open: | 2022 |
| IPO Close: | 2022 |
| IPO Size: | Approx ₹[.] Crores |
| Fresh Issue: | Approx ₹400 Crores |
| Offer for Sale: | Approx 1,108,037 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| Price Band: | ₹[.] to ₹[.] Per Share |
| Listing on: | BSE & NSE |
| Retail Quota: | 35% |
| QIB Quota: | 50% |
| NII Quota: | 15% |
| Discount: | N/A |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Ethos IPO Market Lot
The Ethos IPO minimum market lot is [.] shares with ₹[.] application amount. The retail investors can apply up-to 13 lots with [.] shares or ₹[.] amount.
| Minimum Lot Size: | Minimum [.] Shares for 1 lot |
| Minimum Amount: | ₹[.] for 1 lot |
| Maximum Lot Size: | Maximum [.] Shares for 13 lot |
| Maximum Amount: | ₹[.] for 13 lot |
Ethos IPO Allotment & Listing Dates
The Ethos IPO date is 2022 and the close date is 2022. The Ethos IPO allotment will be finalized on 2022 and the IPO listing on 2022.
| Price Band Announcement: | 2022 |
| Anchor Investors Allotment: | 2022 |
| IPO Open Date: | 2022 |
| IPO Close Date: | 2022 |
| Basis of Allotment: | 2022 |
| Refunds: | 2022 |
| Credit to Demat Account: | 2022 |
| IPO Listing Date: | 2022 |
Ethos IPO Form
How to apply for the Ethos IPO? You can apply for Ethos IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Ethos IPO in the Invest section. The other option is you can apply for Ethos IPO via IPO forms download via NSE and BSE. Check out the Ethos forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
Ethos Company Financial Report
| ₹ in Crores | |||||
| Revenue | Expense | PAT |
|||
| 2019 | ₹445 | ₹429 | ₹9.89 | ||
| 2020 | ₹461 | ₹459 | -₹1.33 | ||
| 2021 | ₹403 | ₹395 | ₹5.79 | ||
| 2021 6M |
₹231 | ₹226 | ₹3.75 | ||
Ethos IPO Valuation – FY2021
Check Ethos IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹3.78 per Equity Share |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 3.72% |
| Net Asset Value (NAV): | ₹85.43 per Equity Share |
Peer Group
- There are no listed companies in India that engage in a business similar to that of our Company as per DRHP.
Company Promoters
- Yashovardhan Saboo
- KDDL Limited
- Mahen Distribution Limited
Ethos IPO Registrar
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: ethosltd@kfintech.com
Website: https://karisma.kfintech.com/
Ethos IPO Allotment Status Check
Check Ethos IPO allotment status on KFintech website allotment URL. Click Here
Ethos IPO Lead Managers
- Emkay Global Financial Services Ltd
- InCred Capital Financial Services Pvt Ltd
Company Address
Ethos Limited
Plot No. 3,
Sector- III, Parwanoo,
Himachal Pradesh -173 220
Phone: + 91 1792 232 462/233 402
Email: anil.dhiman@ethoswatches.com
Website: https://www.ethoswatches.com/
Ethos IPO FAQs
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Note: The Ethos IPO price band and date will be added as it will be officially announced. The IPO grey market premium (Ethos IPO Premium) will be added on the IPO grey market page as it will start)
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