₹409.91 Crores | Listing at BSE, NSE | Fri, Jun 20, 2025 - Thu, Jul 3, 2025
Ethos Limited Rights Issue comprises 0.2277 Cr equity shares aggregating to ₹409.91 Cr, offered at an issue price of ₹1800 per share with a face value of ₹10 per share.
The record date for determining eligible shareholder is Jun 12, 2025, with the Rights Issue being offered in the entitlement ratio of 4 : 43.
The term of payment is defined as following : The entire Issue Price will be payable at the time of making the application in the Issue.
The Rights Entitlements are expected to be credited to eligible demat accounts on Jul 4, 2025.
The Rights Issue opens on Jun 20, 2025, and closes on Jul 3, 2025, with renunciation of Rights Entitlements permitted up to Jun 30, 2025.
The deemed date of allotment is Jul 4, 2025, following which the equity shares are expected to be credited to demat accounts on Jul 7, 2025 and listed at the NSE and the BSE on Jul 8, 2025.
Kfin Technologies Ltd. is the Registrar to the Issue.
Investors are advised to refer to the Ethos Limited Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.
Record Date
Thu, Jun 12, 2025
Entitlement Ratio
4 : 43
Open Date
Fri, Jun 20, 2025
Close Date
Thu, Jul 3, 2025
The entire Issue Price will be payable at the time of making the application in the Issue.
Ethos Limited's revenue increased by 25% and profit after tax (PAT) rose by 16% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 |
| Assets | 0.00 | 0.00 |
| Revenue | 1,275.93 | 1,022.61 |
| Profit After Tax | 96.29 | 83.29 |
| EBITDA | 0.00 | 0.00 |
| Net Worth | 982.20 | 883.97 |
| Reserves and Surplus | 957.72 | 859.49 |
| Total Borrowing | 0.00 | 0.00 |
| Amount in ₹ Crore | ||
Incorporated in 2003, Ethos Limited is India's luxury and premium watch retailer, operating a network of over 70 boutiques across more than 24 cities and headquartered in Gurugram, Haryana, the company has positioned itself as a leading destination for high-end timepieces and horological experiences.
Ethos offers an extensive selection of over 70 premium and luxury watch brands, including renowned names like Rolex, Omega, Cartier, Hublot, TAG Heuer, Longines, and Bvlgari. The company caters to a diverse clientele by offering various types of watches, such as automatic, mechanical, quartz, tourbillon, chronograph, and perpetual calendar models.
Beyond retail, Ethos provides comprehensive after-sales services through its Ethos Watch Care program. These services include movement overhauls, ultrasonic cleaning, polishing, battery replacements, performance tests, and strap replacements.
The company services over 50 top luxury watch brands, ensuring that customers receive expert care for their timepieces .
The Company proposes to utilize the Net Proceeds towards funding the following objects:
[Dilip Davda] ETHOS is engaged in the business of operating chain of luxury boutiques. It posted growth in its top and bottom lines for FY24 and FY25. The RI is at a discount of around 36.8%, and thus a not to miss opportunity. Well-informed investors may park funds for medium term in this lucratively priced RI. Read detail review...
Ethos Rights Issue 2025 got oversubscribed by 1.5 times by the end of the bidding period with total bid quantity received by BSE and NSE of 34,09,825 shares. Check Day by Day Subscription Details (Live Status)
| Date | BSE Bid Quantity | NSE Bid Quantity | Total Bid Quantity | Subscription Times |
|---|---|---|---|---|
Jul 03 2025 17:00:00 | 27,42,437 | 6,67,388 | 34,09,825 | 1.50x |
Ethos Limited
Plot No. 3,
Sector- III,
Parwanoo, 173220
The Ethos Rights Issue 2025 opens on Fri, Jun 20, 2025, and closes on Thu, Jul 3, 2025.
Ethos Rights Issue 2025 Schedule
| Last Date for credit of Rights Entitlements | Fri, Jun 13, 2025 |
| Last Date for renunciation of Rights Entitlements | Mon, Jun 30, 2025 |
| Issue Opening Date | Fri, Jun 20, 2025 |
| Issue Closing Date | Thu, Jul 3, 2025 |
| Date of Allotment (on or about) | Fri, Jul 4, 2025 |
| Date of Credit (on or about) | Mon, Jul 7, 2025 |
| Date of Listing (on or about) | Tue, Jul 8, 2025 |
You can apply for Ethos Rights Issue 2025 in two ways:
Steps to apply for Ethos Rights Issue 2025 using Net Banking (ASBA)
Steps to apply for Ethos Rights Issue 2025 using Registrar's website (R-WAP)
