74  Total SME IPOs listed in 2025

3,229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

74  Total SME IPOs listed in 2025

3229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

74  Total SME IPOs listed in 2025

3229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

74  Total SME IPOs listed in 2025

3229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

Ethos IPO (Ethos Limited IPO) Detail

Ethos IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 472.29 Cr. The company is based in Parwanoo and caters to Retail sector. Emkay Global Financial Services , Incred Capital Financial Services are the merchant bankers of Ethos IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 21st January 2022.

Ethos IPO open date is 18th May 2022 and close date is 20th May 2022. IPO Allotment Date is 25th May 2022 and Listing date is 30th May 2022.

IPO Category : MainBoard
Exchange : BSE,NSE
Issue Type : Book Building

IPO Key Highlights

  • IPO Size: ₹ 472.29 Cr. Avg IPO Size (Sector Based) : ₹ 2,187.34 cr.
  • Sector: Retail IPO so far: 5
  • Merchant Banker: Emkay Global IPO by BRLM so far: 4
  • City: Parwanoo IPO so far: 1
  • Revenue (annualised): ₹ 572.47 cr.
            PAT: (annualised): ₹ 21.32 cr. Read Financial Information >>
  • PE Ratio: 96.00x Average Sector PE Ratio: 46.30x

Ethos IPO Date

Date of DRHP:
21st January 2022
IPO Open Date:
18th May 2022
IPO Close Date:
20th May 2022
IPO Allotment Date:
25th May 2022
Initiation of Refund:
26th May 2022
IPO Listing Date:
30th May 2022

Ethos Limited IPO Info, Size, Subscription

Ethos IPO size is ₹ 472.29 Cr. with IPO price of ₹ 878.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 472.29 Cr.

Issue Price:
₹ 878.00

Market Capitalisation :
₹ 2050.06 Cr.

PE multiple :
96.00

Subscription :
1.04 times

Pre Issue Promoter Holding :
81.01 %

Post Issue Promoter Holding :
61.65 %

Ethos IPO Information

Sub Sector : luxury and premium watch retail
Ethos Limited is India’s largest luxury and premium watch retail player, offering a content-led luxury retail experience through both online and physical channels, as reported by Technopak. With a network of 50 physical retail stores across 17 cities in India, the company provides an omnichannel experience via its website and social media platforms. It boasts the largest portfolio of premium and luxury watches in India, retailing over 50 brands such as 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 holds a 20% market share in the luxury watch retail segment and a 13% market share in the premium and luxury watch retail
Show More

Object of Issue (Ethos Limited IPO Objectives)

  • Repayment or pre-payment, in full or in part, of all or certain borrowings availed by their Company
  • Funding working capital requirements of their Company
  • Financing the capital expenditure for establishing new stores
  • Financing the renovation of certain existing stores and upgradation of enterprise restheirce planning software
  • General corporate purpose

Emkay Global Financial Services Limited is the book-running lead manager of the Ethos IPO. Kfin Technologies Limited is the Registrar for Ethos IPO.

Ethos IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Ethos IPO?

Ethos IPO, based in Parwanoo, operates in the   Retail sector with a focus on luxury and premium watch retail. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Ethos IPO size is ₹ 472.29 Cr. with fresh issue size of ₹ 375.00 Cr. and Offer for sale being ₹ 97.29Cr.

When is Ethos Limited IPO allotment?

The IPO allotment date for Ethos IPO is expected to be 25th May 2022, after the finalization of basis of allotment. Investors can check Ethos IPO allotment status on the registrars website, Kfin Technologies Limited . Ethos IPO refund dates are 26th May 2022.

When is Ethos IPO listing date?

Ethos IPO is expected to be listed on 30th May 2022.

What is the price band for Ethos Limited IPO?

The upper price band for the Ethos IPO is set at ₹ 878.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Ethos IPO Review?

For IPO analysis on Ethos IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Ethos IPO?

To apply for the Ethos IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 20th May 2022. After submission, funds are blocked until the basis of allotment of Ethos IPO is finalised.

Who is the merchant banker of Ethos Limited IPO?

The merchant banker for Ethos IPO is Emkay Global Financial Services Limited , Incred Capital Financial Services Private Limited . Emkay Global Financial Services Limited , Incred Capital Financial Services Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Ethos IPO RHP for further details.

Who is the Registrar of Ethos IPO?

The registrar for Ethos IPO is Kfin Technologies Limited . Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Ethos IPO through their official website or helpline.

What is the Ethos IPO subscription?

Ethos IPO was subscribed 1.04 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

Thinking of
Listing Your Business through
SME IPO?
We can Help!
Contact Us Today

Recent IPO List

Scoda Tubes Limited

  Steel

  Ahmedabad


Prostarm Info Systems Limited

  Power and Energy

  Mumbai


Aegis Vopak Terminals Limited

  Oil and Gas

  Surat


Leela Hotels - Schloss Bangalore Limited

  Hotels and Resorts

  New Delhi


Borana Weaves Limited

  Textiles - Fabrics

  Surat


Thinking of
Listing Your Business through
SME IPO?
We can Help!
Contact Us Today

Peer Companies Of This Sector

FAQs

Ethos IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Ethos Financial Review Page

Ethos IPO subscription was 1.04 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Ethos IPO listed at a listing price of 802.60 against the offer price of 878.00.

The current market price of Ethos is 2893.50.

Services

IPO Advisory
IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
IPO Readiness
IPO Readiness
IPO Roadmap by improving Business Efficiencies, Financial Parameters and Corporate Structure to become IPO ready.
Fund Raising
Fund Raising
Fuelling a company's growth through Pre IPO Fund Raise, Private Equity, and Angel Investing.
SME : Business Scaling
SME Business Upscaling
Provide support to build a scalable SME business by unleashing the SME potential.
Post IPO Montoring
Post IPO Mentoring
Assisting with post IPO regulatory requirements and Performance Monitoring to achieve the milestone of Mainboard migration.

Thinking of
Listing Your Business through SME IPO?

We can help! Contact Us

Why Us?

  • Leading portal for IPOs
  • End to End Solutions
  • Known for Transparency