Ethos Limited IPO Message Board (Page 6)

0. ~~Santosh Pareek~~ | Link | Bookmark | May 13, 2022 3:19:45 PM

Growth in the industry is going to be driven by growth in HNIs [start-up eco-system], price parity for watches vs. global prices, and wallet share shift towards luxury watches vs. only Jewellery earlier. Increasing tax watchdog should also drive higher domestic consumption.

-1. ~~Vibhor Rajput~~ | Link | Bookmark | May 12, 2022 2:03:42 PM

Only luxury watch retailer to have a presence across Premium & Luxury Malls, Airports, and High Streets. Over the past four years, the average price for the luxury watch has increased from ~73,000 to 1.42 lacs.
Club Echo loyalty program subscribed by 2.83 lac HNI’s as of March’22.

-1.1. arunARUN | Link | Bookmark | May 13, 2022 10:20:00 AM

IPO Guru (1900+ Posts, 1600+ Likes)

Let us see how many of their loyalty club member apply under HNI category. Should be easy for them. They can purchase luxury watches

-2. ~~IPOANALYSIS~~ | Link | Bookmark | May 12, 2022 12:11:31 PM

If they have self respect they should cancel the IPO otherwise beizatti hogi issue cancel hone ki

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-2.7. IPOTraders | Link | Bookmark | May 18, 2022 11:30:55 AM

IPO Mentor (700+ Posts, 300+ Likes)

@ipo cancel to nahi hoga, paar ho hi jayega
@ajaygupta good luck

-2.8. AAA JAI | Link | Bookmark | May 19, 2022 2:46:36 PM (200+ Posts)

Clearly Avoid Issue.

1. Too pricey. Not worth even Rs.200.
2. They don't manufacture a single piece of watch or clock. With high overheads in physical retailing, rising product prices, poor discounts vis-a-vis to e-commerce and falling margins- I hardly see "physical watch retailing" as a profitable business anymore.
3. The promoter group, Kamla Dials, has poor reputation in watch industry.

Dis: I've worked in Wrist Watch Retailing for 6 years.

-3. Harsh Stock Expert | Link | Bookmark | May 11, 2022 12:38:18 PM

Ethos in its Draft Prospectus claims that there is no listed peer for comparison. How far the statement is true? what about Titan? Valuation comments please..

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-3.2. ~~Alina Jam~~ | Link | Bookmark | May 12, 2022 2:08:03 PM

Ethos is solely a retailer for luxury brands across India. It is true that they don't have any listed peers, as all their major competitors are private entities.
Titan on the other hand, majorly caters to the economic segment, hence comparison of any kind wouldn't be justified.

-3.3. Killerr | Link | Bookmark | May 12, 2022 10:44:43 PM

ये सब दोगलापन है। इन्वेस्टर को कोई फर्क नही पड़ता आप किसी और की घड़ी बेचते हों या खुदकी।
tu दूसरो की घड़ी बेचके कितना मार्जिन बना लेगा?

इसने क्या बोला मेरा कोई peer नही है। क्या सिर्फ तू ही घड़ी बेचता है।में इससे आउट हु।

-4. antarix | Link | Bookmark | May 12, 2022 3:36:00 PM

IPO Guru (1000+ Posts, 700+ Likes)

Like some other IPOs, Ethos also has shown a rosy picture if its December 21 ending results are compared with that of March 21. Profit jumped from 5.78 crore to 15.98 crore, more than 150% and assets also increased from 392 crore to 494 crore. Great.

-5. K.Atar | Link | Bookmark | May 12, 2022 10:37:35 AM

IPO Guru (1000+ Posts, 700+ Likes)

Why they did not applied ETHOS themselves when contemplating their ipo price band.?
My view only,
apply if you like, leave if you wish.

-6. SingaporeNRI | Link | Bookmark | May 12, 2022 8:29:11 AM

Another CarTrade kind of IPO .. , high valuation .. i am avoiding

-7. ~~IPOBABY~~ | Link | Bookmark | May 11, 2022 9:28:59 PM

Lmao! @ that ex December statement. One has to be really really dumb to belive that.

-8. Ravu | Link | Bookmark | May 11, 2022 4:38:41 PM

IPO Mentor (700+ Posts, 400+ Likes)

Highly priced
Looks like last quarter result is to target IPO
An average IPO with high risk

-9. arunARUN | Link | Bookmark | May 11, 2022 1:56:33 PM

IPO Guru (1900+ Posts, 1600+ Likes)

Past track record of promoters (Kamla dials then renamed KDDL)
is not great to apply in this issue

-10. svh | Link | Bookmark | May 11, 2022 1:36:41 PM

IPO Guru (2300+ Posts, 3600+ Likes)

Avoid.
Promoters have gone mad. They are asking for hefty fat bomb.

🙏👍

-11. Vijay Panchal | Link | Bookmark | May 11, 2022 12:39:04 AM

Top Contributor (300+ Posts, 100+ Likes)

Ethos Limited IPO

Date : 18-May to 20-May-2022
FV : Rs 10
Price : Rs 836 - Rs 878
Market Lot : 17 Shares
App Amt : Rs 14,926
Size : Rs 542.79 Cr
Retail : 35%
Retail Form : 127,279
QIB : 50%
NII : 15%
Listing At : BSE, NSE

Registrar : KFin Tech
Allotment : 26-May-2022
Listing : 30-May-2022

-12. Gujju IPO | Link | Bookmark | May 10, 2022 9:18:09 PM

Top Contributor (400+ Posts, 100+ Likes)

Ethos Limited IPO

Issue Date : 18 - 20 May, 2022
Fresh Issue : Rs 375 Cr
OFS : 11,08,037 Shares
Retail Quota : 35%
Face Value : Rs 10

-13. IProfitO | Link | Bookmark | May 10, 2022 11:26:35 AM

Top Contributor (200+ Posts, 100+ Likes)

It will open on 18th May.

-14. 🎯 Big Bull 🎯 | Link | Bookmark | May 9, 2022 8:20:15 PM

IPO Guru (1000+ Posts, 700+ Likes)

IPO Subscription

*LIC INDIA*

Issue Closed

QIB : - 02.83 ×
HNI : - 02.91 ×
RETAIL : - 01.99 ×
Emp : - 04.40 ×
Policy Holder : - 06.11 ×
TOTAL : - 02.95 ×
APPLICATION : - 7337575

-15. Vibhor Saxena | Link | Bookmark | April 22, 2022 3:48:11 PM

IPO Mentor (700+ Posts, 200+ Likes)

Profit will decide
which wrist-watch you will buy
Sonata
Casio
Fossil
Seiko
Rolex

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-15.5. PrinceMJ | Link | Bookmark | May 13, 2022 1:59:19 PM

Top Contributor (400+ Posts, 100+ Likes)

Please add rado 250/- 🙃

-15.6. captainjack | Link | Bookmark | May 17, 2022 5:17:06 PM

Itni bhi sasti nahi aati, Apple smartwatch is list mein bas second hai if talk about price. but yeah, time se kafi zyada kuch dikha deti hai. :D

-16. KING VINOD | Link | Bookmark | April 21, 2022 11:09:55 PM

IPO Guru (2400+ Posts, 5200+ Likes)

Ethos Ltd ipo @ 2nd or 3rd week of May month.

-16.1. Prasen Ipo | Link | Bookmark | May 11, 2022 12:33:32 AM

Top Contributor (300+ Posts, 100+ Likes)

Thanks sir 🙏

-17. PrinceMJ | Link | Bookmark | April 20, 2022 9:40:50 PM

Top Contributor (400+ Posts, 100+ Likes)

IPO date ?

-18. ~~DSR~~ | Link | Bookmark | April 20, 2022 4:52:32 PM

IPO for ...Store renovation and ERP implementation 😂

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-18.3. antarix | Link | Bookmark | May 11, 2022 8:12:26 PM

IPO Guru (1000+ Posts, 700+ Likes)

For white-washing their stores and for brain-washing the investors.

-18.4. captainjack | Link | Bookmark | May 17, 2022 5:22:28 PM

They'd tried to get it renovated in 2019 also, ab tak nahi hua.. tch tch..
https://indiankanoon.org/doc/21832700/

-19. ISHAN GODBOLE | Link | Bookmark | April 19, 2022 2:45:35 PM

Top Contributor (400+ Posts, 300+ Likes)

expected dates?

-19.1. SRINIBAS REDDY | Link | Bookmark | April 19, 2022 4:17:18 PM

SOON

-19.2. checkmate | Link | Bookmark | April 19, 2022 6:27:26 PM

Sooner than later!