| Ethos Ltd |
|---|
| Registered Office: Plot No 3, Sector III, Parwanoo - 173220, Himachal Pradesh |
| Phone: 91 1792 232 462/233 402 |
| Email: anil.dhiman@ethoswatches.com |
| Website: www.ethoswatches.com |
| Initial public offering of 45,81,500^ equity shares of face value of Rs. 10 each ("Equity Shares") of Ethos Limited (the "Company" or the "Issuer") for cash at a price of Rs. 878 per equity share (including a share premium of Rs. 868 per equity share) ("Offer Price") aggregating to Rs. 402.26^ crores (the "Offer"), comprising a fresh issue of 42,71,070^ equity shares aggregating to Rs. 375.00 crores^ (the "Fresh Issue") and an offer for sale of 3,10,430^# equity shares aggregating to Rs. 27.26^ 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 Rs. 25.00 crores ("pre-ipo placement"). The size of the fresh issue as disclosed in the , aggregating to Rs. 400.00 crores, has been reduced by Rs. 25.00 crores pursuant to the pre-ipo placement, and accordingly, the fresh issue is Rs. 375.00 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-2022 | 20-May-2022 | ₹ 878.00 | ₹ 0.00 |
| Minimum Application for shares in Nos : 17.0 Further Multiples of : 17.0 | ||
|---|---|---|
| (₹)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 | ₹878.00 | |
| Projects |
|---|
| Repayment of pre-payment, in full or in part, of all or certain borrowings availed by the company |
| Funding working capital requirements of the company |
| Financing the establishment of new stores and renovation of the certain existing stores |
| Financing the upgradation of ERP |
| General corporate purposes |
| Promoted By |
|---|
| Yashovardhan Saboo |
| KDDL Ltd |
| Mahen Distribution Ltd |
| Listing At |
|---|
| BSE |
| NSE |
| Registrar to the Issue |
|---|
