ethos share listing today. Experts Predict ‘Tepid’ Debut

Athos IPO Listing Date Today: Ethos Limited shares are going to debut on Dalal Street today. According to the information available on BSE website, Ethos Limited’s equity shares will be listed and admitted for transaction on BSE and NSE in the ‘B’ group of securities list on 30th May 2022. Ethos shares will be listed in a Special Pre-Open Session (SPOS). Today at 10:00 am. According to stock market analysts, there may be a sluggish but positive listing in the shares of Athos and the share price of Athos may open around the corner. from 900 930 per share in Indian stock exchanges.

to speak on Athos IPO Listing Price PredictionAyush Aggarwal, Senior Analyst, Swastika Investmart Ltd. said, “The company does not have any listed peers, but despite the prospects being good, the sought-after valuations are very rich and the current volatile market is the primary issue with such rich valuations. Not favorable.. There is not much activity in the gray market so it is difficult to predict the exact listing price of Ethos shares. We expect a weak listing due to expensive valuations but any positive surprises amid improving market sentiments cannot be ruled out.”

Expecting flat listings for Ethos shares, Abhay Doshi, Founder, UnlistedArena.com, said, “The luxury and premium watch retail player – Ethos is expected to deliver rich pricing due to muted response from participants. Will initiate a flat listing on the exchanges and adverse market conditions.”

On opening of Ethos share price, Ravi Singhal, Vice Chairman, GCL Securities said, “Athos share may have a weak but positive start. It may miss the four digit mark but I expect it to open around. from 900 930 levels. A lot will depend on the market opening. If the market opens weak, in that case Ethos stock could start around 900 per share level whereas in case of positive opening, it may open around 930 each level.”

What does Athos IPO GMP indicate

According to market experts, the shares of Ethos Ltd. are available at a discount of Rs. 5, which means that the Athos IPO GMP is less than zero today 5. This means the gray market is expecting Ethos shares to list around 873 ( 878 – 5), which is almost equal to the price band of the public issue.

Disclaimer: The views and recommendations given above are those of individual analysts or broking companies and not of Mint.

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