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IPO- Ethos Ltd

Posted On:16th May 2022
Updated On:6th Oct 2023
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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 omni channel 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 brandsincluding 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 and has 7,000 different premium watches and 30,000 watches in stock at any given time.

Issue Opens on 18 May, 2022Rs. 836 to 878
Issue Closes on 20 May, 2022per equity share
Bid LotIssue sizeFace value
17 shares minimum Rs. 472.29 CrRs. 10 per equity share

DISCLAIMER

The information contained herein is generic in nature and is meant for educational purposes only. Nothing here is to be construed as an investment or financial or taxation advice nor to be considered as an invitation or solicitation or advertisement for any financial product. Readers are advised to exercise discretion and should seek independent professional advice prior to making any investment decision in relation to any financial product. Aditya Birla Capital Group is not liable for any decision arising out of the use of this information.

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