Lloyds Luxuries Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 2,850,000 (48%) | — | ₹1,140 Cr |
| Retail | — | 2,850,000 (48%) | — | ₹1,140 Cr |
| Market Maker | — | 300,000 (5%) | — | ₹12 Cr |
| Σ Total | — | 6,000,000 (100%) | — | ₹24,000 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹120,000 |
| Retail (Max) | 13 | 39,000 | ₹1,560,000 |
| S-HNI (Min) | 14 | 42,000 | ₹1,680,000 |
| B-HNI (Min) | 67 | 201,000 | ₹8,040,000 |
Financial Statements Amount in Lakhs
| Metric | 31-Mar-20 | 31-Mar-21 | 31-Mar-22 |
|---|---|---|---|
| Revenue | 2,802 | 1,856 | 2,086 |
| Profit After Tax | -324 | -303 | -917 |
| Net Worth | -929 | -1,232 | 1,351 |
| Total Assets | 2,561 | 2,525 | 2,645 |
| Reserves & Surplus | -3,429 | -3,732 | -299 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Financing the expenditure for opening new stores – 5.44
- 2 Repayment of short term borrowings – 9.02
- 3 To meet Working Capital requirements – 4.50
- 4 General Corporate Purpose – 3.18
Company Overview
Established in 2013, Lloyds Luxuries Limited is among the organized player of salon services and beauty products in India, focused on grooming men to perfection. The company owns the exclusive franchisee of Truefitt & Hill, which is an international brand offering a wide range of beauty products and salon services for men through luxury barbershops operating across many countries.
As of March 31, 2022, Lloyds Luxuries Limited operates 14 barber stores under the brand Truefitt & Hill across 7 cities in India. The Company holds the Master Franchise Agreement of "Truefitt & Hill" up to 2043. The company owns exclusive rights to open stores under the brand name of "Truefitt & Hill" either directly or through sub-franchisee arrangements in India, Nepal, Sri Lanka, Bhutan, Vietnam, Myanmar and Bangladesh. As of March 31, 2022.
In addition, the company has obtained an exclusive franchise for MARY COHR in 2019 for 10 years, a French Beauty Salon which has a presence across the Globe.
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.