Luxury watch retailer #Ethos will float its maiden public issue today with a target to mop up Rs 472 crore from the market.
Should you subscribe to the issue? 🤔 Here's what brokerages have to say 👇
https://www.moneycontrol.com/news/business/ipo/ethos-ipo-opens-today-should-you-subscribe-to-the-issue-8526111.html?utm_source=telegram&utm_medium=social
Should you subscribe to the issue? 🤔 Here's what brokerages have to say 👇
https://www.moneycontrol.com/news/business/ipo/ethos-ipo-opens-today-should-you-subscribe-to-the-issue-8526111.html?utm_source=telegram&utm_medium=social
Moneycontrol
Ethos IPO opens today: Should you subscribe to the issue?
The brokerages are optimistic about the growth prospects of the company as the Indian watch market is sizeable and pegged at Rs 13,500 crore in FY 2020. It is expected to grow at a ~10.6 percent CAGR over FY20-25E to reach Rs 22,300 crores
#Ethos Ltd, one of the largest watch retailers in the Indian premium & #luxurywatch industry, will make its debut on stock exchanges on Monday (May 30). ⌚️
Read more at 👇
https://www.moneycontrol.com/news/business/ipo/ethos-to-make-tepid-debut-on-monday-as-stock-trades-at-a-discount-in-grey-market-after-lacklustre-ipo-8596661.html?utm_source=telegram&utm_medium=social
Read more at 👇
https://www.moneycontrol.com/news/business/ipo/ethos-to-make-tepid-debut-on-monday-as-stock-trades-at-a-discount-in-grey-market-after-lacklustre-ipo-8596661.html?utm_source=telegram&utm_medium=social
Moneycontrol
Ethos to make tepid debut on Monday as stock trades at a discount in grey market after lacklustre IPO
The IPO barely managed to scrape and grey market price does not hint at Ethos listing at a premium.