Ethos Limited is retailer of luxury and premium watches, offering watches from 50 premium and luxury brands like Rolex, Omega, IWC Schaffhausen, Rado, and Tissot amongst others. It is one of the largest players in the luxury and premium watch space in India, having a 13% market share of the total retail sales in the premium and luxury segment in the financial year 2020.
Ethos Limited operates on an omnichannel model providing its services through both online as well as offline channels, where it operates 50 physical retail stores in 17 cities.
The public offer of Ethos Limited comprises fresh issue of equity shares worth Rs. 375 crores and an offer for sale of 11.08 lakh shares aggregating up to Rs. 97.3 crores from selling shareholders.
- Financial Snapshot
|Financial Year Ended||Revenue (₹ Crores)||PAT (₹ Crores)||EPS (₹)|
|Period ended December 31, 2021||4,293.48||159.88||8.74|
For more information, you can check out the IPO Prospectus filed by the company.
|Issue Period||18th May 2022 to 20th May 2022|
|Price Range||Rs. 836 to 878|
|Minimum Bid Quantity||17 and in multiples thereof|
|Finalization of Allotment||25th May 2022|
|Initiation of Refunds||26th May 2022|
|Credit of Shares||27th May 2022|
|Date of Listing||30th May 2022|
|Mandate end date||5th June 2022|
|Anchor Investors Lock-in End Date||19th June 2022|
You can apply for the Ethos Limited IPO using any supported UPI app by following two steps:
- Enter your bid on Console
- Accept UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.
You can check the allotment status for the Ethos Limited IPO on the website of the Registrar and Transfer agent.
Alternatively, you can also check the allotment status on the NSE website.