IPO

IPO Synopsis

Ethos Ltd
Registered Office: Plot No 3,Sector III , Parwanoo - 173220 , Himachal Pradesh , India.
Phone : 91 1792 232 462/233 402   Fax:
Email :  anil.dhiman@ethoswatches.com  
Website :  www.ethoswatches.com
Initial public offering of 45,81,500^ equity shares of face value of Rs10 each ("Equity Shares") of Ethos Limited (the "Company" or the "Issuer") for cash at a price of Rs878 per equity share (including a share premium of Rs868 per equity share) ("Offer Price") aggregating to Rs402.26^ crores (the "Offer"), comprising a fresh issue of 42,71,070^ equity shares aggregating to Rs375.00 crores^ (the "Fresh Issue") and an offer for sale of 3,10,430^# equity shares aggregating to Rs27.26^ crores by the selling shareholders referred to in annexure a. (the "Offer for Sale"). The offer constitutes 19.62%^, of the post-offer paid-up equity share capital. ^Subject to finalisation of the basis of allotment. #11,08,037 equity shares were offered under offer by selling shareholders out of which 3,10,430 equity shares were accepted proportionately under the offer for allotment. for details of the equity *The company, in consultation with the brlms, has undertaken a pre-ipo placement of 3,02,663 equity shares aggregating to Rs25.00 crores ("pre-ipo placement"). The size of the fresh issue as disclosed in the , aggregating to Rs400.00 crores, has been reduced by Rs25.00 crores pursuant to the pre-ipo placement, and accordingly, the fresh issue is Rs375.00 crore^. The company has informed all the pre-ipo investors/buyers that the offer may or may not be successful and the equity shares of the company may or may not get listed. ^Subject to finalisation of the basis of allotment
Issue Money Payable On
Opens On Closes On Application Allotment
18-May-22 20-May-22 Rs 878.00-0.00 Rs 0.00-0.00
Minimum Application for shares in Nos :17  Further Multiples of :17
  (Rs Cr) Lead Managers to the Issue
Project Cost 336.20
Emkay Global Financial Services Ltd
Project Financed through Current Offer 402.26
Post Issue Equity Share Capital 23.35
Issue Price Rs 878.00
Projects
Repayment of pre-payment, in full or in part, of all or certain borrowings availed by the company Financing the upgradation of ERP
Funding working capital requirements of the company General corporate purposes
Financing the establishment of new stores and renovation of the certain existing stores
Promoted By Listing At Registrar to the Issue
  Yashovardhan Saboo
  KDDL Ltd
  Mahen Distribution Ltd
 BSE
 NSE
No Data Found.

FOR GRIEVANCE MAIL TO invgrieviss@iseindia.com

BSE EQUITIES : INB011077733 | NSE F&O EQUITIES : INF231077737 | NSE CASH MARKET : INB231077737 | NSE CURRENCY DERIVATIVES : INE231077737 | MCX-SX : INE261077737

ISS Enterprise Limited [Erstwhile: ISE Securities & Services Limited], a wholly owned subsidiary of Inter-connected Stock Exchange of India Ltd. (ISE)

© 2013 ISS Enterprise Limited [Erstwhile: ISE Securities & Services Limited]. All rights reserved.

Designed, developed & powered by C-MOTS Infotech (ISO 9001:2008 certified)