Ethos Ltd |
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| 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
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| Issue |
Money Payable On |
| Opened On |
Closed On |
Offer Price |
Application Money |
Allotment Money |
| 18-May-22 |
20-May-22 |
( )878.00 |
( )878.00 |
( )0.00 |
| Minimum Application for shares in Nos :17 Further Multiples of :17 |
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( Cr) |
Lead Managers to the Issue |
| Project Cost |
336.20 |
| Emkay Global Financial Services Ltd | | Incred Capital Wealth Portfolio Managers Pvt Ltd |
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| Project Financed through Current Offer |
402.26 |
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| Post Issue Equity Share Capital |
23.35 |
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| Face Value |
10 |
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| Issue Price |
( )878.00 |
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