Ethos Limited IPO

Ethos Limited IPO is listed on BSE and NSE, priced at ₹836–₹878 per share. The stock debuted at ₹825. The IPO had a lot size of ₹17 shares and a minimum investment of ₹14,926.

Ethos Limited IPO

Mainboard Listed
₹14,926 (17 Shares)
Minimum Investment
Check Allotment
IPO Dates
May 18, 2022 – May 20, 2022
Price band
₹836-878 per equity share
Minimum Investment
₹14,926
Issue size
Approx 472 Crores : 375 Crores Fresh Issue + 97 Crores OFS
Lot size
17
Allotment Date
May 25, 2022
Listing
May 30, 2022
Listing At
BSE, NSE

IPO timeline

  1. May 18, 2022

    Open Date

    Completed

  2. May 20, 2022

    Close Date

    Completed

  3. May 25, 2022

    Allotment Date

    Completed

  4. May 30, 2022

    Listing Date

    Completed

Price Summary

Last closing
2,342.80 (166.83%)
52 week high
3,245.90
52 week low
1,919.40
Last update

Ethos Limited IPO Essentials

Ethos Limited IPO Details

Ethos Limited IPO is priced at ₹836-878 per share with a total issue size of Approx 472 Crores : 375 Crores Fresh Issue + 97 Crores OFS. The IPO has a lot size of 17 shares and is listed on BSE and NSE.

Issue price
₹836-878 per equity share
Lot size
17 shares
Face value
₹10 Per Equity Share
Issue size
Approx 472 Crores : 375 Crores Fresh Issue + 97 Crores OFS
Listing at
BSE, NSE
List price
825.0(NSE)
Listing date
Registrar
KFin Technologies Limited
Lead manager
Emkay Global Financial Services Ltd, InCred Capital Financial Services Pvt Ltd (Past IPO Performance)

Ethos Limited IPO Details

  • Retail Portion 35% (Number of Retail Applications : 1,27,270 Approx)

Ethos Limited IPO Documents

Ethos Limited IPO Analytics

Ethos Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Ethos Limited IPO Subscription Status

Ethos Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB
NII
Retail Total
Shares Offered / Reserved 1,183,115
839,053
1,957,789 3,979,957
Day 1 18-05-22 05:00 PM
0.00 x
0.04x
0.53 x 0.27 x
Day 2 19-05-22 05:00 PM
0.19 x
0.25x
0.68 x 0.44 x
Day 3 20-05-22 05:00 PM
1.06 x
1.48x
0.84 x 1.04 x

Ethos Limited Valuations

Earnings

EPS (Post IPO)
₹2.48/-
P/E Ratio
354

Returns

RoNW
3.72%

Data sourced from DRHP / RHP • For educational purposes only

Ethos Limited Financials( In Crs.)

30-Sep-21 31-Mar-21 31-Mar-20 31-Mar-19
Assets 416.24 392.04 421.95 368.92
Revenue 230.86 403.14 461.00 445.09
Profit After Tax 3.75 5.78 (1.33) 9.88

Ethos Limited Company & Offer Insights

About Ethos Limited

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.

Ethos Limited Promoter(s)

Yashovardhan Saboo, KDDL Limited, Mahen Distribution Limited are the company's promoters of Ethos Limited.

Ethos Limited IPO Issue Objectives

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

Ethos Limited IPO - Anchor Investors

Ethos raises Rs 141.68 crore from anchor investors ahead of IPO.

ICICI Prudential Flexi Cap Fund bought 5.30 lakh shares in Ethos Limited, Jupiter India Fund purchased 3.73 lakh shares, Saint Capital fund bought 1.59 lakh shares and 1.55 lakh shares were bought by Cohesion MK Best Ideas Sub-Trust in the luxury watch retailer.

Jupiter South Asia Investment Company Limited – South Asia Access Fund bought 77 thousand shares while Coeus Global Opportunities fund, Alchemy Leaders of Tomorrow-Closed ended Fund Series-2, UPS Group Trust, and Nomura Singapore Ltd ODI bought 79,713 shares each in the Chandigarh based company.

Contact Information

Frequently Asked Questions

Click any question to reveal the answer

Ethos Limited IPO is a book-built IPO worth ₹Approx 472 Crores : 375 Crores Fresh Issue + 97 Crores OFS. The price band is ₹836–₹878 per share. The IPO opens on May 18, 2022 and closes on May 20, 2022. It will be listed on BSE and NSE. KFin Technologies Limited is the registrar.

The price band of Ethos Limited IPO is ₹836 to ₹878 per share.

The lot size of Ethos Limited IPO is 17 shares.

The minimum investment for Ethos Limited IPO is approximately ₹14,926 based on the upper price band .

Ethos Limited IPO opens on May 18, 2022 and closes on May 20, 2022.

The allotment date of Ethos Limited IPO is May 25, 2022.

Ethos Limited IPO is expected to be listed on May 30, 2022, on BSE and NSE .

Ethos Limited IPO listed on May 30, 2022. It was issued at ₹825.0(NSE) and is currently around ₹2342.80 as on 14-May-2026 3:30 PM, which is approximately 166.8% versus issue price. The 52-week high is ₹3,245.90.

Based on listing and post-listing performance, Ethos Limited IPO delivered around 166.8% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.

To buy Ethos Limited IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.

Ethos Limited IPO valuation snapshot: P/E 354, EPS ₹2.48/-, P/B N/A, RoNW 3.72%, and market cap N/A.

To apply for Ethos Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Ethos Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Ethos Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Ethos Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Ethos Limited IPO allotment status on IPO Ji for quick and easy access.