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;

• Pandemic like Covid-19 or any future pandemic or any widespread health or other emergency could adversely affect its business, results of operations, financial condition and cash flows.
• The company do not have definitive agreements for supply of products or fixed terms of trade with majority of its suppliers. Failure to successfully leverage its supplier relationships and network could adversely affect the company.
• Its business partly depends on the continued success and reputation of its third-party brands globally, and any negative impact on these brands, or a failure by it or owners of these brands to protect them, as well as other intellectual property rights and proprietary information, may adversely affect its business, results of operations, financial condition and cash flows.
• The company is dependent on watch brands for the manufacturing of all the products its sell. Any disruptions at such third-party manufacturing facilities, or failure of such third-parties to adhere to the relevant quality standards may have a negative effect on its reputation, business and financial condition.
• Its inability to identify customer demand accurately and maintain an optimal level of inventory in its stores may impact its operations adversely.

• 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