Nifty  22162.30  166.45  (0.76%)

Sensex  73099.92  610.93  (0.84%)

USDINR  83.53  0.00  (0.00%)

Ethos Ltd
Registered Office:
Plot No 3,Sector III, Parwanoo - 173220, Himachal Pradesh, India.
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
Opens On Closes On
18-May-22 20-May-22
Money Payable On
Application Allotment
878.00 0.00
Minimum Application for shares in Nos : 17  Further Multiples of : 17
()(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