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Company Information

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ETHOS LTD.

21 February 2025 | 12:00

Industry >> Watches

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ISIN No INE04TZ01018 BSE Code / NSE Code 543532 / ETHOSLTD Book Value (Rs.) 379.09 Face Value 10.00
Bookclosure 27/09/2024 52Week High 3525 EPS 34.02 P/E 76.27
Market Cap. 6353.04 Cr. 52Week Low 2150 P/BV / Div Yield (%) 6.85 / 0.00 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
The Company was incorporated as "Kamla Retail Limited" on November 5, 2007, as a public limited company under the provisions of the Companies Act, 1956, and a certificate of incorporation bearing registration no. U52300HP2007PLC030800 was issued by the Assistant Registrar of Companies, Punjab, Himachal Pradesh and Chandigarh. Further, the Company was granted certificate for commencement of business on November 16, 2007 by
the Assistant Registrar of Companies, Punjab, Himachal Pradesh, and Chandigarh. Pursuant to the passing of a necessary resolution in terms of Section 21 of the Companies Act, 1956, and the approval of Central Government, the name of the Company was changed to "Ethos Limited", to better reflect the nature of the business of the Company and a fresh certificate of incorporation dated March 5, 2012, consequent to the change of name, bearing corporate identity number U52300HP2007PLC030800 was issued by the Registrar of Companies, Himachal Pradesh. As on the date of this Red Herring Prospectus, the registered office of the Company is situated at Plot no. 3, Sector III, Parwanoo 173 220, Himachal Pradesh and the corporate office is situated at Kamla Centre, S.C.O. 88-89, Sector 8-C, Madhya Marg, Union Territory of Chandigarh 160 009.

Major events in the history and milestones :
2007
- Incorporation of Kamla Retail Limited as a public limited company.

2008
- Transfer of retail business of KDDL to the Company

2009
- Inaugurated retail shop at Indira Gandhi International Airport, New Delhi

2010
- Amalgamation of Mahen Boutiques Limited into Kamla Retail Limited

2011
- Ethos launched "Ethos Westminster"- Its first clock boutique in India at UB City, Bangalore, Karnataka

2012
- Change of name of the Company from Kamla Retail Limited to Ethos Limited.

2018
- Club Echo - 2 lakh members

2019
- Initiation of flagship store

2020
- Landmark of 50 stores within the country

2021
- Introduction of pre-owned watches in National Capital Territory of New Delhi
- Initiation of dedicated service centre in National Capital Territory of New Delhi

2022

Ethos Limited Set To Launch German Brand Tutima In India Under An Exclusive Retail Partnership.

2023

-Ethos Limited Expands Its Offline Presence With The Launch of Their First Boutique in Raipur.

-Ethos Limited To Launch Swiss Watch Brand Laurent Ferrier In India.

-Ethos To Launch Its First Boutique In Surat.

2024

-The Company Informed acquisition of equity shares in Pasadena Retail Private Limited