Issue Open Date
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18-May-22
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Issue Closing Date
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20-May-22
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Application Money
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100
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Allotment Money
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Price Band (Rs.)
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836-878
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Minimum Bid Quantity.
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17
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Issue Size (Shares)
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5593682
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Market Lot
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1
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Objective :
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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
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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Offered / Reserved
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Bid For
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Non-Institutional Investors
|
839053
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1243754
|
1.48
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Qualified Institutional Buyers
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1183115
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1258612
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1.06
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Retail Individual Investors
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1183115
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1258612
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1.06
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Business 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 o
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Promoter's Holding
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Total Share Capital
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15456412
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Offered to Public
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5593682
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Promoter's Holding (Pre-Issue)
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82.32
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Promoter's Holding (Post-Issue)
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64.92
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More..
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Address
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Plot No. 3 Sector- I I I
Parwanoo
,
Himachal Pradesh
,
173220
Phone :
01792 232 462 / 233 402
Email :
investor.communication@ethoswatches.com
Website :
www.ethoswatches.com
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Registrar
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K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Karvy Selenium Tower B Plot 31-32 Gachibowli Financial District Nanakramguda Hyderabad
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Listed at
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BSE, NSE
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Lead Manager
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Emkay Global Financial Services Ltd Incred Capital Wealth Portfolio Managers Pvt Ltd.
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Promoters
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KDDL Ltd. Mahen Distribution Ltd. Yashovardhan Saboo
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