#Didyouknow
Ethos Ltd. is India’s largest luxury and premium watch retail player?
The co. has 13% share in the total retail sales in premium and luxury segment and a share of 20% when seen in exclusively luxury segment in FY20.
#ethos #ipo
1)It has 50 stores are spread across 17 cities. Ethos has also opened Boutiques in partnership with prominent market leading brands like Rolex.
2)On the co.'s website, visitors can research about the latest watch launches, reviews and choose from over 7,000 premium, bridge to luxury, luxury & high luxury watches across 50 brands and as of Dec 31, 2021, their website had 21,844,216 number of visitor sessions.
3)Club Echo is the loyalty program of Ethos with registered members, and annually 35% of business comes from repeat buyers registered with the program.
4)In addition to premium and luxury watch retail, Ethos also undertakes retail of certified pre-owned luxury watches under ‘Certified Pre-Owned’ (“CPO”) luxury watch lounge located at New Delhi - for selling and buying pre-owned luxury watches under technical expert supervision.
5)Plus providing a 360- degree physical inspection and verification of watches and certified with a 2 year warranty.
6) Product Portfolio:
High luxury price point (₹ 10 lakhs and above per watch)
Luxury watch (₹2.5 lakhs - ₹10 lakhs per watch)
Bridge to luxury (₹1 lakh - ₹2.5 lakhs per watch)
Premium segment (₹0.25 lakhs -1 lakh per watch)
Fashion & mass (up to ₹0.25 lakhs per watch)
7)Revenue mix by product category:
8)Ethos expects the luxury watch market to continue to grow in India as well as neighbouring countries like of Bangladesh (Dhaka), Sri Lanka (Colombo), Nepal (Kathmandu) and Maldives (Male). They will continue to focus on continued growth of their luxury watches business.
9) Industry Overview:
10)About the IPO:
Fresh Issue of Equity shares aggregating upto ₹375 Cr and Offer for sale of 1,108,037 Equity shares.
Issue size: ₹ 468 – 472 Cr
No. of shares(‘000):5,593,682 – 5,379,107
Price band: ₹ 836 – 878
Bid Lot: 17 Shares and in multiple thereof
11)Follow @FinterestC for more!

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More from @FinterestC

Apr 25
#Didyouknow

Rainbow Children’s Medicare Ltd (RCML) is a leading multi-specialty pediatric, obstetrics & gynecology hospital and had the highest number of hospital beds amongst players in the maternity and pediatric healthcare delivery sector, as of Mar 31, 2021 in India?
1)The co. has 14 hospitals and 3 clinics operating in 6 cities, with a total bed capacity of 1,500 beds, as of Sept 30, 2021.
2)Their core specialties are pediatrics, which includes newborn and pediatric intensive care, pediatric multi-specialty services, pediatric quaternary care (including multi organ transplants); and obstetrics and gynecology, which includes normal and complex obstetric care.
Read 16 tweets
Dec 29, 2021
#Didyouknow
Magma Housing Fiannce Ltd (MHF) is a national scale affordable housing financing company with a presence across 16 states?

The company enetered in to General Insurance business through Magma HDI General Insurance Company, a joint venture with HDI
Global SE.
1)The HDI Global SE brand, is a part of Hannover based Talanx group, the 3rd largest German insurance Group operating in around 150 countries in the world.
2)In 2012-13, Magma launched loans for Mortgaged Finance following the acquisition of the mortgage business of GE India.
Read 9 tweets
Dec 28, 2021
#Didyouknow
Gujarat Pipavav is a South-West Gujarat based port with an MNC
promoter (APM Terminals–Maersk Group)?
It lies at a strategic international maritime location, which connects India with the Far East on the one side and MiddleEast, Africa, Europe & US on the other.
#GPPL
1)GPPL’s revenues has experienced subdued growth of 4.2% CAGR to Rs.734 cr over FY18-21 due to the pandemic, driven by:
• Container cargo revenues degrowing at 3.4% CAGR to Rs.392 cr (17.1% volume CAGR to 748 mn TEU),
2)• Liquid cargo revenues degrowing at 2.4% CAGR to Rs.85 cr (12.3% volume CAGR decline to 0.7 mn MT), and
• Dry bulk cargo revenues growing at 24.2% CAGR to Rs.165 cr (19.9% volume CAGR to 3.1 mn MT).
Read 9 tweets
Nov 14, 2021
#Didyouknow

S Chand & Co is the leading K-12 education content company in terms of revenue from operations in Fiscal 2016, with a strong presence in the CBSE/ICSE affiliated schools and increasing presence in the state board affiliated schools across India?
1)The co. offers 55 consumer brands across knowledge products and services including S. Chand, Vikas, Madhubun, Saraswati, Destination Success and Ignitor.
2)Revenue can be estimated to be around Rs5bn in FY22 aided by price hike of ~5-10%. After having managed a successful turnaround in FY21, NCF implementation remains a key factor to monitor (announcement expected in FY23) as it would set the growth trajectory for next 2-3 years.
Read 10 tweets
Nov 7, 2021
#Didyouknow

Gokaldas Exports Ltd. is one of the largest manufacturer and exporter of apparels in India with an annual turnover of US$200 Million?

It is the one-stop shop for the world’s most acclaimed brands.
(Thread)
#gokaldas #textile #gokex
1) GEXP is maintaining a healthy order book for FY22. The US continues to be its largest market where monthly apparel retail sales for CYTD 2021 is 6 % higher than pre-covid 2019 level and Online sales of clothing and accessories for the period is higher by 41%.
2)The resurgence of the pandemic in China, Vietnam and EU impose additional constraints on global supply chain and presents an opportunity for India.
Read 15 tweets
Oct 30, 2021
#Didyouknow

Steel Authority of India (SAIL) is the largest steel-making company in India and one of the seven Maharatna’s of the country’s Central Public Sector Enterprises?

The co. has posted excellent Q2 FY22 figures, follow a thread on the same.
#sail #fundamentalanalysis
1)Global Steel Scenario
Global steel demand is expected to increase by 4.5% in 2021 and 2.2% in 2022. China is set to see a negative growth in 2021
at -1% and no growth/deceleration in 2022.
The global growth rate excluding China is expected to be 11.5% in 2021 and 4.7% in 2022.
2)In the Emerging and Developing Economies excluding China, steel demand is expected to grow by 11% in 2021 and 5% in 2022. The developed economies are expected to see
growth in steel consumption at 12.2% in 2021
and 4.3% in 2022.
(Short Range Outlook Oct'21)
Read 10 tweets

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