• BSE
  • NSE
Partner with US Open an Demat Account EIPO Portfolio Tracker Watsapp Play Store App Store

Ethos Ltd IPO Details, Date, Share Price Range, Issue Size

Ethos Ltd IPO Details, Date, Share Price Range, Issue Size

Comments0

Category : ipo news

Ethos Ltd IPO Details:

Ethos Ltd has announced public offering of 5379108 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 868.00 per share. The gross proceeds of the issue are expected to be Rs 47,228.57 lakhs.

The company's initial public offer (IPO) will open on 18 May 2022 and is expected to close on 20 May 2022, subject to customary closing conditions. The price band of the issue has been fixed at Rs 836.00-878.00 per share.

The IPO includes a fresh Issue of 5379108 Equity Shares of the Company at an price of Rs 878.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 17 shares with bids in multiples of 17.

Ethos Ltd. anticipates using the proceeds of the issue for Repayment or prepayment, in full or in part, of all or certain borrowings availed by the Company Funding working capital requirements of the Company Financing the capital expenditure for (i) establishing new stores and renovation of certain existing stores and (ii) upgradation of enterprise resource planning software General corporate purpose.

Emkay Global Financial Services Ltd, INCRED CAPITAL WEALTH PORTFOLIO MANAGERS PVT. LTD. as lead manager(s) & KFIN Technologies Pvt. Ltd. is the registrar, to the issue.

If the Ethos Ltd is something that you’re looking to invest in come 18 May 2022, it would be a good idea to start the demat account opening process right away.

Apply online IPO or Contact Libord Broking now to open demat account online within minutes, and install the LibordEasy app from google play store.

#ipo #latestipo

---------------------

Latest IPO News | Largest Upcoming IPO | Latest IPO | Upcoming IPO | Recent & Upcoming IPOS | Latest IPO List | Upcoming Ipo 2022 | Upcoming Ipo List 2022 | New Ipo Launch Today | How to Apply IPO | Open Free Trading Account | Paperless Demat Account Opening | What Is Difference Between Demat and Trading Account | Trading Account and Demat Account Difference | Open Commodity Trading Account Online | Open Trading Account for Free | Free Open Demat Account | Online Paperless Demat Account | Open Free Demat and Trading Account in Mumbai | Stock Broking Companies In India | Shares Broking | Online Share Brokers In India | What Is Stock Broking Company | Indian Share Broker | Share Broking Firms | Broking Companies In India | Stock Broking Companies In Mumbai | Online Share Broking | Broking India | Share Broker Company | Indian Share Brokers | Securities Company In India | Stockbroking Company | Stock Broking Company In India | Leading Share Brokers In India

Author Image

Comment

Recent Post

  • Market Outlook After the 2023..

    Introductions – After this budget session which was declared last week, many analysts feel that so far this is the best budget, because in this budget, she has covered all sectors..

  • Data Patterns (India) Ltd IPO..

    Data Patterns (India) Ltd IPO Details: Data Patterns (India) Ltd has announced public offering of 10276874 shares at a price of Rs 2.00 each for Cash at a Premium of Rs 553.00 per shar..