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Ethos Ltd.

Ethos Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹878
₹878
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹878
Based on GMP
Min. Investment
₹14,926
1 lot × 17 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
18 May 2022
Close Date
20 May 2022
Allotment
25 May 2022
Listing Date
30 May 2022
Exchange
NSE & BSE
Price Band
₹878
Listing Price
See chart
Allotment Status
Price Band
₹878
Per share
Face Value
₹10 per share
 
Lot Size
17 Shares
per lot
Issue Size
45,81,500 shares (aggregating up to ₹402.26 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,926
1 lot
Pre-IPO Holding
1,90,78,163 shares
Promoters
Post-IPO Holding
2,33,49,233 shares
Promoters
P/E (Pre)
96x
 
UPI Deadline
2022-05-20
Mandate
Anchor AllotmentTue, 17 May 2022
Basis of AllotmentWed, 25 May 2022
Refund InitiationThu, 26 May 2022
Demat CreditFri, 27 May 2022
Listing DayMon, 30 May 2022
UPI Mandate Deadline2022-05-20
Sale TypeFresh Capital-cum-Offer for Sale
Fresh Issue Shares42,71,070 shares (aggregating up to ₹375.00 Cr)
Offer for Sale3,10,430 shares of ₹10 (aggregating up to ₹27.26 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Ethos Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 20 May 2022.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
4,581,500
100% ₹402.26
IPO Shares Offered
Ethos Ltd. IPO total issue size: ₹402.26 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 4,581,500 ₹402.26
100.00%
* Based on upper price band ₹878 per share
Lot Size & Investment
Lot Size
17
Shares per Lot
Issue Price
₹878.00
Upper Band
Min Investment
₹14,926
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)234₹29,852
Retail (Max — 13 Lots)13221₹194,038
S-HNI (Min — 14 Lots)14238₹208,964
B-HNI (Min — 68 Lots)681,156₹1,014,968
* Issue Price ₹878 × Lot Size 17 shares
IPO Schedule
Anchor
17 May 2022
✓ Done
IPO Open
18 May 2022
✓ Done
IPO Close
20 May 2022
✓ Done
Allotment
25 May 2022
✓ Done
Refunds
26 May 2022
✓ Done
Demat Credit
27 May 2022
✓ Done
Listing Day
30 May 2022
✓ Done
Ethos Ltd. — Live Price LIVE
₹878.00
INR · BSE
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Issue ₹878.00 Live Price
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:Access to a large base of luxury Customer.Deep understanding of digital and Omnichannel commerce.Strategically located and well-invested store network with an attractive in-store experience.Strong and long-standing relationships with luxury watch brands and luxury groups.Leadership position in an attractive luxury watch market.Experienced and committed management team with a proven track record.
Objects of the Issue
1
1 Repayment or pre-payment, in full or in part, of all or certain borrowings availed by the Company
2
2 Funding working capital requirements of the Company
3
3 Financing the establishment of new stores and renovation of the certain existing stores
4
4 Financing the upgradation of ERP
5
5 General corporate purpose
Ethos Ltd. Financials (Amount in Lakhs)
Revenue from Operations
₹46,100.6
31-Mar-20
₹40,314.2
31-Mar-21
₹42,934.8
31-Dec-21
Profit After Tax (PAT)
-₹133.4
31-Mar-20
₹578.5
31-Mar-21
₹1,598.8
31-Dec-21
Particulars31-Dec-2131-Mar-2131-Mar-20
Revenue from Operations 42934.76 40314.23 46100.56
EBITDA N/A N/A N/A
Profit After Tax (PAT) 1598.78 578.53 -133.40
Net Worth N/A N/A N/A
Total Assets 49399.31 39204.38 42195.65
Reserves & Surplus N/A N/A N/A
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Issue Structure & Shareholding
Total Shares Offered45,81,500 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding1,90,78,163 shares
Post-Issue Promoter Holding2,33,49,233 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Emkay Global Financial Services Ltd.
Incred Capital Financial Services Pvt.Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Ethos Ltd. IPO subscribed?

Ethos Ltd. IPO is subscribed 1.00 times by May 20, 2022. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Ethos Ltd. IPO retail subscription status?

The Ethos Ltd. IPO retail category is subscribed 1.00 times as of 20 May 2022. The retail portion is oversubscribed.

How to subscribe Ethos Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 18 May 2022 and closes 20 May 2022. Min investment: ₹14,926 (1 lot = 17 shares). UPI mandate: 2022-05-20.

How many times Ethos Ltd. IPO subscribed?

The Ethos Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Ethos Ltd. IPO allotment?

Check allotment on the registrar website (Kfin Technologies Ltd.) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 25 May 2022. Refunds: on 26 May 2022.

When Ethos Ltd. IPO will be listed?

The Ethos Ltd. IPO listing date is 30 May 2022, Monday. Listed on: NSE & BSE. Issue price: ₹878. Estimated listing: ₹878. GMP: NIL.

When Ethos Ltd. IPO close?

The Ethos Ltd. IPO closes on 20 May 2022, Friday. UPI mandate: 2022-05-20. Allotment: 25 May 2022. Listing: 30 May 2022.