Lloyds Luxuries IPO

Lloyds Luxuries IPO

Lloyds Luxuries IPO will open for subscription from 28 September 2022. the company aims for an issue size of ₹24.00 Cr through this IPO.

Lloyds Luxuries Limited

The company is into salon services and beauty products in India, focused on grooming men to perfection. It owns the exclusive franchisee of Truefitt & Hill, which is an international brand offering a wide range of beauty products and salon services for men. Lloyds Luxuries began its relationship with Truefitt & Hill in 2013 and has subsequently expanded its operations to 14 barber stores under the brand as of 31 March 2022. The company holds the Master Franchise Agreement of Truefitt & Hill up to 2043 which gives it exclusive rights to open stores in the brand name of “Truefitt & Hill” either directly or through sub franchisee arrangements in India, Nepal, Sri Lanka, Bhutan, Vietnam, Myanmar, and Bangladesh.

In addition, the company has obtained an exclusive franchise for MARY COHR in 2019 for 10 years, a French Beauty Salon. Under the exclusive master franchise agreement, it owns exclusive rights to open stores in the brand name of “MARY COHR” either directly or through sub franchisee arrangements in India.

Its retail operations in respect of men grooming products are carried out through owned stores, sub-franchisees as well as online channels. As of 31 March 2022, it sells men grooming products through 27 stores, of which 14 are run by us directly and 13 through sub-franchisee.

Basic details about the company

Full nameLloyds Luxuries Limited
SectorBeauty and wellness
IndustryBeauty and wellness
Company Websitehttps://www.lloydsluxuries.in/

Major Competitive Strengths

  • Use of the established Brand name.
  • Wide Experience of our Promoter and strong management team.
  • Online Business E-commerce and Omni-channel.
  • Prime Location of the salon.
  • System Driven Approach.

Objects of the Issue

  • For repaying short-term borrowings.
  • To meet issue expenses.
  •  For the financing of newly opening stores
  • For Working Capital requirements.
  • General Corporate Purpose.

Dates to remember

IPO Opening date28 September 2022
IPO Closing30 September 2022
Basis of Allotment06 October 2022
Initiation Refunds07 October 2022
Credit to Demat Account10 October 2022
Listing Date11 October 2022

Lloyds Luxuries IPO Details

Lloyds Luxuries IPO DateSep 28, 2022 to Sep 30, 2022
Lloyds Luxuries IPO Face Value₹10 per share
Lloyds Luxuries IPO Price₹40 per share
Lot Size3000 Shares
Issue Size6,000,000 shares of ₹10
(aggregating up to ₹24.00 Cr)
Fresh Issue6,000,000 shares of ₹10
(aggregating up to ₹24.00 Cr)
Issue TypeFixed Price Issue IPO
Listing AtNSE SME

Lloyds Luxuries IPO Lot Size

Retail (Min)13000₹120,000
Retail (Max)13000₹120,000

Lloyds Luxuries IPO Reservation Details

NII (HNI) Shares Offered50%
Retail Shares Offered50%

Lloyds Luxuries Financial Performance

 FY 2020FY 2021FY 2022
Net income(323.80)(303.07)(916.78)
(Figures are in ₹Lakhs)

Lloyds Luxuries Valuations & Margins

FY 2020FY 2021FY 2022
PE ratio
RONW (%)(67.86)
Debt/Equity ratio0.96
ROCE (%)22.8812.45(61.30)

Company Promoters

  • Mr. Shree Krishna Mukesh Gupta
  • Plutus Trade & Commodities LLP

Lloyds Luxuries IPO Promoter Holding

Pre Issue Share Holding100%
Post Issue Share Holding73.33%

Lead Manager(s)

  • Hem Securities Limited

Lloyds Luxuries IPO Registrar

Office No. S6 – 2, 6th Floor,
Pinnacle Business Park, Next to Ahura Centre,
Mahakali Cave Road, Andheri (East),
Mumbai – 400093, Maharashtra
Phone: 22 6263 8200
E-mail: ipo@bigshareonline.com
Website: www.bigshareonline.com

Lloyds Luxuries Contact Details

B2, Unit No. 3, 2nd Floor,
Madhu Estate, Pandurang Budhkar Marg,
Lower Parel, Mumbai 400013
Phone: +91 022-68238888
E-mail: cs@lloydsluxuries.in
Website: www.lloydsluxuries.in

Lloyds Luxuries IPO Allotment Status

Lloyds Luxuries IPO allotment will be available on Bigshare Services’ website. Click on this link to get allotment status.

Final thoughts

Lloyds Luxuries IPO is going to hit Dalal street soon. applying for IPO is purely a personal choice. study well about the company and do subscribe if you are feeling good about the company. I hope this post will give you enough details to make a fundamental study of the company. learn well and make wise decisions.

Happy Investing

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