Lloyds Luxuries was incorporated on October 21, 2013. The company is among the organized player of salon services and beauty products in India, focused on grooming men to perfection.
| Bidding Dates |
|---|
| 28 Sep 2022 - 30 Sep 2022 |
| Subscription |
|---|
| 6.73x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹1,20,000 | 1 | 1 | 3000 | 6.0 M | ₹40 | 73.33 % | ₹240.0 M | RHP DOC |
Lloyds Luxuries IPO SUBSCRIPTION STATUS
30 Sep '22Lloyds Luxuries IPO overall subscription rate was 6.73 times the total available shares
Lloyds Luxuries IPO retail subscription rate was 1.81 times in the retail segment
Lloyds Luxuries IPO non-institutional investor subscription rate was 11.64 times in the non-institutional investor category
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 50% | 50% | - |
30 Sep 2022 (Day 3) | 1.81x | 11.64x | - |
29 Sep 2022 (Day 2) | 0.26x | 5.3x | - |
28 Sep 2022 (Day 1) | 0.08x | 2.53x | - |
Lloyds Luxuries FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from Operations (Rs in millions) | Cash Flow from Operations (Rs in millions) | Free Cash Flow (Rs in millions) |
| FY22 | -91.7 | 206.6 | -53.3 | -75.4 |
| FY21 | -30.3 | 181.3 | -10.5 | -35.5 |
| FY20 | -32.4 | 275.1 | -232.2 | -256.9 |
Lloyds Luxuries IPO SUBSCRIPTION STATUS DETAILS
Lloyds Luxuries had 6.0 M shares on offer
Lloyds Luxuries IPO offer price was ₹40
Lloyds Luxuries IPO minimum Investment was ₹120000
Lloyds Luxuries IPO issue size was ₹ 240.0 M
Lloyds Luxuries had a minimum lot size of 3000 Shares per application
Lloyds Luxuries NUMBER OF SHARES ON OFFER
Lloyds Luxuries IPO IMPORTANT DATES
| Issue Open Date | 28 Sep 2022 |
| Issue close Date | 30 Sep 2022 |
| Allotment Date | 06 Oct 2022 |
| Refund Date | 07 Oct 2022 |
| Demat Account Credit Date | 10 Oct 2022 |
| Listing Date | 11 Oct 2022 |
| Listing on Exchange(s) | NSE |
| Lloyds Luxuries Allotment Status | Exchange |
Lloyds Luxuries IPO subscription opened on 28 Sep 2022, and closed on 30 Sep 2022
IPO allotment for Lloyds Luxuries was finalized on Thursday, 06 Oct 2022
IPO listing for Lloyds Luxuries was on NSE on Tuesday, 11 Oct 2022
Lloyds Luxuries IPO LISTING GAINS
| Issue Price (adjusted) | 40.0 |
| Listing Open Price | 45.1 |
| Listing Close Price | 42.9 |
| Listing Gain% | 12.9% |
| Current Gain% | 68.8% |
Lloyds Luxuries Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Lloyds Luxuries Ltd. | 67.5 | 151.9 | -4.7 | 0 | 2.5 | -102 | -81 | 61.1 | 31 | -34.4 | -416.1 | -14.4 | 386.3 |
| Urban Company Ltd. | 143.7 | 22167.3 | -66.4 | 0.3 | 12.9 | -11 | -8.7 | 1692.2 | 34.2 | -234.8 | -197.9 | -2.2 | -242.6 |
| WeWork India Management Ltd. | 755.4 | 10469.1 | 124.3 | -3 | 4 | 25 | 1 | 2490.4 | 23 | 74.4 | -41.6 | 6.1 | -41 |
| Smartworks Coworking Spaces Ltd. | 486.8 | 5562.3 | 199.6 | 1.2 | 2.8 | 2 | 0.2 | 1849.9 | 31.2 | 10.5 | 116.7 | 2.4 | 162.8 |
| Indiqube Spaces Ltd. | 182.6 | 3871.1 | -36.4 | -1.5 | 2.7 | -20.6 | -1.6 | 1527.5 | 38.5 | -106.3 | 23.8 | -5 | 23.8 |
| Awfis Space Solutions Ltd | 271.6 | 1944 | 27.4 | 6.2 | 1.3 | 12.8 | 2.4 | 1586.1 | 25.8 | 70.9 | 4.4 | 9.9 | 4.4 |
Lloyds Luxuries INFORMATION ON IPO ISSUE
About Lloyds Luxuries
Lloyds Luxuries was incorporated on October 21, 2013. The company is among the organized player of salon services and beauty products in India, focused on grooming men to perfection.
Object of the Issue
- Financing the expenditure for opening new stores
- To repay of short term borrowings
- To meet working capital requirements
- General corporate purpose
- To meet issue expenses
Lloyds Luxuries - PROMOTERS
| Name |
|---|
| Shree Krishna Mukesh Gupta |
| Plutus Trade & Commodities LLP |
Lloyds Luxuries Lead Manager of the Issue
Hem Securities Limited
ib@hemsecurities.com
Lloyds Luxuries Registrar to the Issue
Bigshare Services Private Limited
ipo@bigshareonline.com
Lloyds Luxuries Strengths
Established brand name
The company operates all barbershops under the brand Truefitt & Hill, which has a pan-India presence.
Experienced management
The promoter, Shree Krishna Mukesh Gupta have around seven years of experience in the salon industry including innovative business ideas, customer relationship, in-depth knowledge, and excellent management skills.
Presence in online e-commerce space
The retail stores are supported by company-owned e-commerce businesses in India, through websites, and business accounts on social media platforms. It is also available on e-commerce trading platforms such as Amazon, Nykaa Flipkart, etc.
System driven approach
All the services provided by the barbers in the stores are subject to the pre-approved SOP which ensures that the standards set are followed at all times to ensure that the quality of services.
Lloyds Luxuries Risks
Loss making firm
The company has a history of net losses and it may not be able to achieve profitability in the near future.
Dependent on master franchise
The business wholly depends on franchises taken from Truefitt & Hill (Gentlemen’s Growing) Limited and Mary Cohr. The company has entered into a Master Franchise Agreement with them, which imposes certain restrictions and other obligations on operations.
No control over sub franchise
The company does not have any control over the businesses of sub-franchises.
IPO FAQs
The promoters of the company are Shree Krishna Mukesh Gupta and Plutus Trade & Commodities LLP.
The category allocation of qualified institutional buyers is 0.0%, the category allocation of non individual investors or high networth individuals is 50.0% and for retail investors it is 50.0%.
The price band of the IPO is Rs 40.0 - 40.0.
The IPO application opens on Sep 28, 2022 and closes on Sep 30, 2022.
The minimum lot size for the IPO is 3000. The maximum lot size for the IPO is 3000.
For all category investors, the minimum application amount for this IPO is Rs. 120,000.0, the maximum value for this IPO is Rs 120,000.0.
This IPO will be allotted on Oct 06, 2022.
The refund will be credited to your account on Oct 07, 2022.
The allotted shares will be credited to your demat on Oct 10, 2022.
Lloyds Luxuries Ltd.’s shares listed on the stock exchanges on Oct 11, 2022.