58  Total SME IPOs listed in 2025

2,593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

Ethos Limited IPO (Ethos IPO) Details

Ethos Limited is an Retail based company, located in Parwanoo, Ethos Limited IPO size was 472.29 Cr. and was issued at 878.00 per share. The share of Ethos Limited were listed at 802.60 per share and are currently trading at 2698.70 per share.

Type :
Sub Sector : Luxury And Premium Watch Retail
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
572.47 Cr.

PAT :
21.32 Cr.

Pricing Report

Issue Price :
878.00

Listing Price :
802.60

Current Market Price :
2698.70

Issue Price vs CMP :
1820.7 (207.37%)

listing Price vs CMP :
1896.1 (236.24%)

Performance Report (CAGR* wise)

CAGR : 47.53
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

*Stock splits/Reverse Stock Split are adjusted in Issue price while calculating CAGR and current performance.

About Ethos

Company Information
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
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Object of Issue
  • 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

Ethos MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
May, 2022
IPO Size :
472.29 Cr.
Market Cap :
2050.06 Cr.   
IPO Subscription :
1.04 X     
PE Multiple :
96.00
Merchant Banker :
Emkay Global Financial Services Limited
IPO Registrar:
Kfin Technologies Limited
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FAQs

Ethos operates in Retail and Luxury And Premium Watch Retail. The Issue is listed on BSE,NSE in May, 2022. Ethos IPO size was 472.29 Cr. with Issue price of 878.00 .

Merchant Banker(s) of Ethos IPO: Emkay Global Financial Services Limited , Incred Capital Financial Services Private Limited

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 2698.70.

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