Ethos IPO Date, Review, Price, Allotment, Analysis Details


Ethos IPO date is fixed, the IPO is to open on May 18 and closes on May 20, 2020. Ethos IPO to raise around ₹472 crores via IPO that comprises fresh issue of ₹375 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

    Ethos IPO Review (Good or Bad)

    • Avoid

    Brokerage Firm IPO Review

    • ICICI Direct: Avoid
    • Capital Market: Avoid

    Ethos IPO Date & Price Band

     Ethos IPO Open: May 18, 2022
     Ethos IPO Close: May 20, 2022
     Ethos IPO Size: Approx ₹472 Crores
     Fresh Issue: Approx ₹375 Crores
     Offer for Sale: Approx 1,108,037 Equity Shares
     Face Value: ₹10 Per Equity Share
     Ethos IPO Price Band: ₹836 to ₹878 Per Share
     Ethos IPO 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 17 shares with ₹14,926 application amount. The retail investors can apply up-to 13 lots with 221 shares or ₹194,038 amount.

     Minimum Lot Size: Minimum 17 Shares for 1 lot
     Minimum Amount: ₹14,936 for 1 lot
     Maximum Lot Size: Maximum 221 Shares for 13 lot
     Maximum Amount: ₹194,038 for 13 lot

    Ethos IPO Allotment & Listing Dates

    The Ethos IPO date is May 18, 2022 and the close date is May 20, 2022. The Ethos IPO allotment will be finalized on May 25, 2022 and the IPO listing on May 30, 2022.

     Price Band Announcement: May 10, 2022
     Anchor Investors Allotment: May 17, 2022
     Ethos IPO Open Date: May 18, 2022
     Ethos IPO Close Date: May 20, 2022
     Basis of Allotment: May 25, 2022
     Refunds: May 26, 2022
     Credit to Demat Account: May 27, 2022
     Ethos IPO Listing Date: May 30, 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
    RevenueExpensePAT
    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: [email protected]
    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: [email protected]
    Website: https://www.ethoswatches.com/

    Ethos IPO FAQs

    What is Ethos IPO?

    Ethos IPO is a main-board IPO. They are going to raise ₹472 Crores via IPO. The issue is priced at 836 to 878 per equity share. The IPO is to be listed on BSE & NSE.

    When Ethos IPO will open?

    The IPO is to open on May 18, 2022 for QIB, NII, and Retail Investors.

    What is Ethos IPO Investors Portion?

    The investors’ portion for QIB-50%, NII-15%, and Retail 35%.

    How to Apply the Ethos IPO?

    You can apply Ethos IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

    How to Apply the Ethos IPO through Zerodha?

    Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Ethos”. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

    How to Apply the Ethos IPO through Upstox?

    Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Ethos”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

    How to Apply the Ethos IPO through Paytm Money?

    Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Ethos”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

    What is Ethos IPO Size?

    Ethos IPO size is ₹472 crores.

    What is Ethos IPO Price Band?

    Ethos IPO Price Band is ₹836 to ₹878.

    What is Ethos IPO Minimum and Maximum Lot Size?

    The minimum bid is 17 Shares with ₹14,926 amount while the maximum bid is 221 shares with ₹194,038.

    What is the Ethos IPO Allotment Date?

    Ethos IPO allotment date is May 25, 2022.

    What is the Ethos IPO Listing Date?

    Ethos IPO listing date is May 30, 2022. The IPO is to list on BSE and NSE.

    Note: The Ethos IPO price band and date are 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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