Ethos IPO GMP History
Ethos IPO has been listed on May 30, 2022 at a listing price of ₹825, against the issue price of ₹878 — a loss of ₹53 (-6.04%). The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Ethos IPO raised ₹402.26 Cr. through its IPO at a price band of ₹836 to ₹878 per share, with a lot size of 17 shares. The IPO was open for subscription from 18 May 2022 to 20 May 2022.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 10 Nov, 11:32 AM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| No GMP history available yet. | |||||
Ethos IPO dates
Key dates from opening to listing. Today is 14 November.
- Open 18 May 2022
- Close 20 May 2022
- Allotment 25 May 2022
- Refund/credit 26 May 2022
- Listing 30 May 2022
Ethos IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹878 |
|---|---|
| Listing gain / loss | −₹53 per share |
| Listing date | 30 May, 2022 |
| Actual listing price | ₹825 (-6.04%) |
Is Ethos IPO GMP reliable?
Grey market premium for Ethos IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Ethos IPO full review for a fundamentals-based assessment before making any grey market trades.
Ethos IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Ethos IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Ethos IPO
Ethos Limited was incorporated as Kamla Retail Limited on 5 November 2007. It is the largest luxury and premium watch retailer in India and is part of the KDDL group.
Its portfolio has 50 premium watch brands, including Omega, IWC Schaffhausen, Jaeger LeCoultre, Panerai, Bvlgari, H. Moser & Cie, Rado, Longines, Tissot and Raymond Weil.
It runs an omnichannel model, so customers can buy online or in stores, return at a different store, or order online for home delivery. It had 50 physical stores in 17 cities, including New Delhi, Mumbai, Bengaluru, Hyderabad, Chennai and Kolkata.
The IPO was Rs 402.26 crore, with Rs 375.00 crore of fresh issue and Rs 27.26 crore of offer for sale. Rs 234.96 crore was planned for working capital and Rs 33.27 crore for new stores and renovations.
Frequently asked
What is the GMP of Ethos IPO?
The current Grey Market Premium (GMP) of Ethos IPO is not yet started or active in the market.
What is the Kostak Price of Ethos IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Ethos IPO is not available.
What is the Subject to Sauda Price of Ethos IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Ethos IPO?
Ethos IPO listed on May 30, 2022 at ₹825, against the issue price of ₹878 — a loss of -6.04%.
How did the GMP of Ethos IPO trend before listing?
The GMP of Ethos IPO was stable in its final days before listing. View the day-wise table above for the complete GMP history.
Explore Ethos IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
