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Lloyds Luxuries Limited IPO (Lloyds Luxuries IPO) Detail

Sep 28, 2022 - Sep 30, 2022

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.

Company Financials

Lloyds Luxuries Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and Surplus
31-Mar-202561.492801.63-323.8-929.13-3429.13
31-Mar-212524.961855.58-303.07-1232.21-3732.21
31-Mar-222645.12086.05-916.781351.02-298.98
Amount in ₹ Lakhs

Objects of the Issue

The company intend to utilize the proceeds of the Issue to meet the following objects:-

1. Financing the expenditure for opening new stores

2. To repay of short term borrowings

3. To meet Working Capital requirements

4. General Corporate Purpose

5. To meet issue expenses

Lloyds Luxuries IPO Details

Lloyds Luxuries IPO Date Sep 28, 2022 to Sep 30, 2022
Lloyds Luxuries IPO Face Value ₹10 per share
Lloyds Luxuries IPO Price ₹40 per share
Lloyds Luxuries IPO Lot Size 3000 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 Type Fixed Price Issue IPO
Listing At NSE SME
NII (HNI) Shares Offered50% of the net offer
Retail Shares Offered50% of the net offer
Company Promoters

Mr. Shree Krishna Mukesh Gupta and Plutus Trade & Commodities LLP are the Promoters of the Company.

Lloyds Luxuries IPO Timeline (Tentative Timetable)

Lloyds Luxuries IPO opens on Sep 28, 2022, and closes on Sep 30, 2022. The Lloyds Luxuries IPO bid date is from Sep 28, 2022 10.00 A.M. to Sep 30, 2022 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

Event Date
Lloyds Luxuries IPO Opening Date Sep 28, 2022
Lloyds Luxuries IPO Closing Date Sep 30, 2022
Basis of Allotment Oct 6, 2022
Initiation of Refunds Oct 7, 2022
Credit of Shares to Demat Oct 10, 2022
Lloyds Luxuries IPO Listing Date Oct 11, 2022

Lloyds Luxuries IPO Lot Size

The Lloyds Luxuries IPO lot size is 3000 shares. A retail-individual investor can apply for up to 1 lots (3000 shares or ₹120,000).

Application Lots Shares Amount
Retail (Min) 1 3000 ₹120,000
Retail (Max) 1 3000 ₹120,000

Lloyds Luxuries IPO Promoter Holding

Pre Issue Share Holding 100%
Post Issue Share Holding 73.33%

Lloyds Luxuries IPO Review

The company operates in a highly competitive and fragmented segment of men’s beautification. It has been posting losses and hence the issue is at a negative P/E with some carried forward losses. Simply avoid this IPO from a loss-making company. Read detail review...

Lloyds Luxuries IPO Prospectus

Lloyds Luxuries IPO Rating

49
1.7
Rating:Rated 1.7 stars
Vote Here ...

Company Contact Information

Lloyds Luxuries Limited
Trade World, 'C' Wing,
16th Floor, Kamala City, Senapati Bapat Marg
Lower Parel (W), Mumbai 400013
Phone: +91-022-68238888
Email: cs@lloydsluxuries.in
Website: http://www.lloydsluxuries.in/

Lloyds Luxuries IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

Lloyds Luxuries IPO Review

Lloyds Luxuries IPO Recommendation Summary

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Lloyds Luxuries IPO FAQs

Lloyds Luxuries IPO is a SME IPO of 6,000,000 equity shares of the face value of ₹10 aggregating up to ₹24.00 Crores. The issue is priced at ₹40 per share. The minimum order quantity is 3000 Shares.

The IPO opens on Sep 28, 2022, and closes on Sep 30, 2022.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Zerodha customers can apply online in Lloyds Luxuries IPO using UPI as a payment gateway. Zerodha customers can apply in Lloyds Luxuries IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Lloyds Luxuries IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Lloyds Luxuries IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Lloyds Luxuries IPO opens on Sep 28, 2022 and closes on Sep 30, 2022.

Lloyds Luxuries IPO lot size is 3000 Shares and the minimum order quantity is .

You can apply in Lloyds Luxuries IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Lloyds Luxuries IPO will be done on Oct 6, 2022, and the allotted shares will be credited to your demat account by Oct 10, 2022. Check the Lloyds Luxuries IPO allotment status.

The Lloyds Luxuries IPO listing date is not yet announced. The tentative date of Lloyds Luxuries IPO listing is Oct 11, 2022.
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