Ethos’ Rs 472-crore IPO, which was subscribed 1.04 occasions, is more likely to finalise the share allotment foundation on Wednesday, 25 May. The challenge obtained bids for 41.39 lakh shares in opposition to the 39.78 lakh shares on supply, and was bought at a value band of Rs 836-878 apiece. In the gray market, Ethos shares have been quoting simply Rs 2 premium, at Rs 880 apiece from the higher finish of value band, based on individuals who deal in unlisted shares of corporations. The inventory is more likely to record on BSE and NSE on 30 May 2022.
The initiation of refunds or unblocking of funds from ASBA account will happen on 26 May, and the fairness shares will get credited to depository accounts of allottees on 27 May. The IPO traders can examine the IPO allotment standing by way of BSE and the registrar’s web sites. The registrar of the difficulty is KFin Technologies, a SEBI-registered entity, chargeable for the IPO allotment and refund processing. Ethos has a portfolio of premium and luxurious watches in India, retailing 50 premium and luxurious watch manufacturers like Omega, IWC Schaffhausen, Jaeger LeCoultre, Panerai, Bvlgari, H. Moser & Cie, Rado, Longines, Baume & Mercier, Oris SA, Corum, Carl F. Bucherer, Tissot, Raymond Weil, Louis Moinet and Balmain.
Check Ethos share allotment standing by way of registrar KFin Technologies web site
To examine the share allotment standing, choose the corporate title as ‘Ethos — IPO’ from the drop-down record on the KFin Technologies web site when it will get declared. Check field both PAN, Application Number or Depository/Client ID. Accordingly, enter the everlasting account quantity or Application Number or Depository/Client ID within the field. Enter the given captcha within the offered house and click on the submit button. This will show the variety of shares which were utilized and allotted to the investor.
Check share allotment standing in Ethos by way of BSE web site
Another solution to examine the allotment standing in Ethos is thru the BSE web site. Select ‘equity’ as the difficulty sort, and ‘Ethos’ as the difficulty title from the drop-down record, when it will get declared. Enter the applying quantity and PAN (everlasting account quantity). Click on ‘I am not a Robot’. In the final step, click on on the search tab to view the standing particulars.
Source: www.financialexpress.com”