Ethos Limited is the retailer of luxury and premium watches, offering watches from 50 premium and luxury brands like Rolex, Omega, IWC Schaffhausen, Rado, and Tissot amongst others. It is one of the largest players in the luxury and premium watch space in India, having a 13% market share of the total retail sales in the premium and luxury segment in the financial year 2020.

Ethos Limited operates on an omnichannel model providing its services through both online as well as offline channels, where it operates 50 physical retail stores in 17 cities.

The public offer of Ethos Limited comprises a fresh issue of equity shares worth Rs. 375 crores and an offer for sale of 11.08 lakh shares aggregating up to Rs. 97.3 crores from selling shareholders.

Financial Snapshot

Financial Year Ended	Revenue (₹ Crores)	PAT (₹ Crores)	EPS (₹)
March 2019	4,450.96	98.89	5.22
March 2020	4,610.06	-13.34	-0.75
March 2021	4,031.42	57.85	3.15
Period ended December 31, 2021	4,293.48	159.88	8.74

IPO Schedule

Issue Period	18th May to 20th May 2022
Finalization of Allotment	25th May 2022
Initiation of Refunds	26th May 2022
Credit of Shares	27th May 2022
Date of Listing	30th May 2022
Mandate end date	5th June 2022
Anchor Investors Lock-In End Date	19th June 2022

How do I apply to the Ethos Limited IPO?

You can apply for the Ethos Limited IPO using any supported UPI app by following two steps:

• Enter your bid on Console
• Accept UPI mandate on your phone

On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.

Where do I check the allotment status for Ethos Limited IPO?

You can check the allotment status for the Ethos Limited IPO on the website of the Registrar and Transfer agent.

Alternatively, you can also check the allotment status on the NSE website.