IFIN

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Company News Details

Ethos Ltd

Industry : Trading

BSE Code

ISIN Demat

Book Value()

543532

INE04TZ01018

519.4713322

NSE Symbol

P/E(TTM)

Mar.Cap( Cr.)

ETHOSLTD

73.61

7232.74

EPS(TTM)

Face Value()

Div & Yield %

36.72

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ethos ltd

Ethos acquires Dubai subsidiary to boost Middle East presence

Jun 17,2025

According to a regulatory filing, Ethos acquired 300 equity shares of AED 1,000 each, amounting to an initial paid-up capital of AED 300,000. The acquisition was completed on 16 June 2025.

Ficus Trading LLC was incorporated on 17 April 2025 in Dubai, UAE, and will be engaged in the trading of watches, clocks, and their spare parts. The company aligns with Ethos' core business and is expected to strengthen its presence in overseas markets. As the entity is newly incorporated, historical turnover figures are not applicable.

The company confirmed that Ficus Trading LLC is a related party, but the promoters or promoter group do not have any direct interest in the subsidiary.

Ethos is one of India's leading retailers of luxury and premium watches, established in 2003.

On a year-on-year basis, the company’s consolidated net profit advanced 8.17% to Rs 22.75 crore on a 23.28% increase in revenue to Rs 311.32 crore in Q4 FY25 over Q4 FY24.

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Sr No	Start Date	Department	Tender Details	Status
1	01-04-2025	IA	REQUEST FOR PROPOSAL FOR APPOINTMENT OF CONCURRENT INTERNAL AUDITORS FOR PERIOD APRIL 2025 – MARCH 2026
2	01-04-2025	IA	REQUEST FOR PROPOSAL FOR APPOINTMENT OF INTERNAL AUDITORS FOR PERIOD APRIL 2025 – MARCH 2026 - IFCI
3	24-04-2025	IT	RFP for Services of IT Infrastructure Shifting & Configuration	Closed
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4	18-02-2025	IT	RFP for Procurement of HP Hard Disk	Closed
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5	18-02-2025	IT	RFP for Procurement of HP Server	Closed
			A. General Information
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6	07-12-2024	Administration	RFP for office premises on lease at Chennai	Closed
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9	22-11-2023	Compliance	Procurement of AML/PML software Solution - VC Meeting Link for opening of Tender Box on 22/11/2023 at 4.30 pm	Closed
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11	28-10-2024	IT	RFP for Procurement of Firewall	Closed
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12	12-07-2023	ADMIN	RFP for Premises on Lease for Ahmedabad Branch
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18	24-05-2023	ADMIN	RFP for Premises on Lease for Salem Branch	Closed
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19	24-04-2023	IA	Extension Of RFP iCOM IA for FY 2023-2024	Closed
20	25-04-2023	CS	Extension Of RFP for Seeking Quotations for Secretarial Audit Of IFIN Group for FY 2022-2023	Cancelled
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21	02-05-2023	IA	RFP For Appointment Of Internal Auditor for July 2023 - March 2024	Closed
22	02-05-2023	IA	RFP For Appointment Of Internal Auditor for July 2023 - March 2024 for operations, accounts and control related activities.	Closed
23	24-04-2023	CS	RFP PCS Empannelment for ROC filing 2022-23	Closed
24	24-04-2023	IA	RFP For Appointment Of Internal Auditor iCOM 23-24	Closed
25	14-03-2023	IA	RFP for appointment of internal auditor in the iCOM	Closed
26	25-04-2023	CS	RFP For Secretarial Audit 22-23	Closed