Ethos Ltd IPO

Incorporated in 1983, Kolkata-based Tarsons Products manufactures laboratory products that are used in various research organisations, pharmaceutical companies, academia institutes, hospitals and diagnostic centres.

The company plans to go public and here’s all you need to know about this IPO.

Here’s the consolidated financial information for the last three years:

• Largest luxury watch Omnichannel retail player of India;
• It is the preferred destination for luxury and high luxury watches in India
• Access to large luxury customer base;
• Strategically located stores;
• Strong and long-standing relationships with luxury watch brands and;

• Its ability to raise foreign capital may be constrained by Indian law.
• The company is required to obtain, renew or maintain certain statutory and regulatory permits and approvals required to operate its business, and if its fail to do so in a timely manner or at all, or these requirements are made more stringent, its may be unable to fully or partially operate its business and the company results of operations may be adversely affected.
• Its business is subject to seasonality. Lower revenues in the certain period of any Fiscal may adversely affect its business, financial condition, results of operations and prospects.
• The company has obtained moratorium on its financial facilities.
• The Company has secured loans which are repayable on demand and have other restrictive conditions. Any demand from lenders for repayment of such secured loans or any breach in any restrictive conditions may adversely affect its cash flows.

• Leveraging its luxury watch retail business and access to luxury customers to expand into other luxury verticals
• Expanding its physical store network and increasing market share
• Growing its certified pre-owned luxury watch retail business
• Increasing its watch brands portfolio
• Investing in its Brand