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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 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
KFin Techologies Ltd

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