Ethos Ltd.
Industry:
Retailing
Issue Details
Open Date
18 May 2022Close Date
20 May 2022Size (in Crs.)
491.125
Size (Shares)
-Listing On
BSE, NSE
Issue Terms
Price Range
-42Lot Size
17
Type
NA
Face Value
10
Market Lot
1
Objective of the Issue
1. Repayment or pre-payment, in full or in part, of all or certain borrowings availed by our Company;2. Funding working capital requirements of our Company; and3. Financing the capital expenditure for (i) establishing new stores and renovation of certain existing stores and (ii) upgradation of enterprise resource planning software4. General corporate purpose
Description
We are India’s one of the largest luxury and premium watch retail player having 13% share of the total retail sales in premium and luxury segment and a share of 20% when seen in exclusively luxury segment in the financial year 2020, (Source: ‘Industry Report on Premium and Luxury Watch Retail in India dated April 26, 2022, prepared by Technopak Advisors Private Limited’ available on the following link: https://www.ethoswatches.com/investors-information) delivering a content-led luxury retail experience to our ... Show More
Address
Plot No. 3 , Sector- I I I ,
Parwanoo
173220
State
Himachal Pradesh
Phone No.
01792 232 462 / 233 402
Website
www.ethoswatches.com
Promoter Holding
Promoters:
KDDL Ltd., Mahen Distribution Ltd., Yashovardhan Saboo
Total Share Capital
15456412
Offered to Public
5593682
% Promoter's Holding (Pre-Issue)
82.32
% Promoter's Holding (Post-Issue)
64.92
Shares on offer
Total Share Offer
15456412
Of above offred to public
5593682
Post Issue shares
NA
Post Issue Promoters
64.92
Lead Managers to the Issue:
Emkay Global Financial Services Ltd, Incred Capital Wealth Portfolio Managers Pvt Ltd.
Registrar Details
Registrar Name:
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Address
Karvy Selenium Tower B, Plot 31-32 , Gachibowli,Financial District , Nanakramguda , Hyderabad
500032