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Lloyds Luxuries Limited IPO (Lloyds Luxuries IPO) Detail

September 28, 2022 - September 30, 2022

Lloyds Luxuries IPO is a fixed price issue of Rs 24.00 crores. The issue is entirely a fresh issue of 60 lakh shares.

Lloyds Luxuries IPO bidding started from September 28, 2022 and ended on September 30, 2022. The allotment for Lloyds Luxuries IPO was finalized on Thursday, October 6, 2022. The shares got listed on NSE SME on October 11, 2022.

Lloyds Luxuries IPO price is ₹40 per share. The minimum lot size for an application is 3000 Shares. The minimum amount of investment required by retail investors is ₹120,000. The minimum lot size investment for HNI is 2 lots (6,000 shares) amounting to ₹240,000.

Hem Securities Limited is the book running lead manager of the Lloyds Luxuries IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.

Refer to Lloyds Luxuries IPO RHP for detailed information.

Lloyds Luxuries IPO Details

IPO Date September 28, 2022 to September 30, 2022
Listing Date October 11, 2022
Face Value ₹10 per share
Price ₹40 per share
Lot Size 3000 Shares
Total Issue Size6,000,000 shares
(aggregating up to ₹24.00 Cr)
Fresh Issue6,000,000 shares
(aggregating up to ₹24.00 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
Market Maker portion300,000 shares

Lloyds Luxuries IPO Reservation

Lloyds Luxuries IPO offers 6,000,000 shares. 2,850,000 (47.50%) to NII, 2,850,000 (47.50%) to RII.

Investor Category Shares Offered
Anchor Investor Shares Offered-
Market Maker Shares Offered300,000 (5.00%)
Other Shares Offered2,850,000 (47.50%)
Retail Shares Offered2,850,000 (47.50%)
Total Shares Offered6,000,000 (100%)

Lloyds Luxuries IPO Timeline (Tentative Schedule)

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

IPO Open Date Wednesday, September 28, 2022
IPO Close Date Friday, September 30, 2022
Basis of Allotment Thursday, October 6, 2022
Initiation of Refunds Friday, October 7, 2022
Credit of Shares to Demat Monday, October 10, 2022
Listing Date Tuesday, October 11, 2022
Cut-off time for UPI mandate confirmation 5 PM on September 30, 2022

Lloyds Luxuries IPO Lot Size

Investors can bid for a minimum of 3000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 3000 ₹120,000
Retail (Max) 1 3000 ₹120,000
HNI (Min) 2 6,000 ₹240,000
Lot Size Calculator

Lloyds Luxuries IPO Promoter Holding

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

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

About Lloyds Luxuries Limited

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
Amount in ₹ Lakhs

Key Performance Indicator

KPI Values
Market Cap (₹ Cr.)90

Objects of the Issue (Lloyds Luxuries IPO Objectives)

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 Review (Avoid)

[Dilip Davda]  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 Subscription Status (Bidding Detail)

The Lloyds Luxuries IPO is subscribed 6.73 times on September 30, 2022 7:00:00 PM. The public issue subscribed 1.81 times in the retail category, times in the QIB category, and 11.64 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Lloyds Luxuries IPO Prospectus

Lloyds Luxuries IPO Rating

Rating:Rated 2.5 stars
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Lloyds Luxuries IPO Listing Details

Listing Date October 11, 2022
BSE Script Code
Final Issue Price ₹40 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

Check IPO Performance…

Lloyds Luxuries Limited Contact Details

Lloyds Luxuries Limited
Trade World, 'C' Wing,
16th Floor, Kamala City, Senapati Bapat Marg
Lower Parel (W), Mumbai 400013
Phone: +91-022-68238888

Lloyds Luxuries IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Lloyds Luxuries IPO - Buy or Not

Lloyds Luxuries IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 0 0 1
Members 1 0 1

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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 September 28, 2022, and closes on September 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 September 28, 2022 and closes on September 30, 2022.

Lloyds Luxuries IPO lot size is 3000 Shares, and the minimum amount required is ₹120,000.

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, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

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

The Lloyds Luxuries IPO listing date is on October 11, 2022.
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Lloyds Luxuries IPO Message Board

Ranked Members of Forum  Ranked Members | Most Liked Members



65. Kapz |   Link |November 11, 2022 6:50:33 PM
Top Contributor Top Contributor (500+ Posts, 200+ Likes)
Quite a confusing set of numbers. During IPO, the company reported PAT for FY22 as -9.17Cr loss. In the numbers released today, it shows PAT for FY22 as 14.54 lacs profit and for FY23-H1 a loss of -1.98Cr. Although it shows an improved performance from what was presented during IPO, not sure which one is correct.
Am I missing something or misreading anything?

@MRavi sir, others who are holding this, Any help in understanding this will be greatly appreciated.
65.1. Kapz |   Link |November 12, 2022 9:29:56 AM
Top Contributor Top Contributor (500+ Posts, 200+ Likes)
Any thoughts from anyone on this?
64. Amit Surana |   Link |October 28, 2022 12:50:51 PM (400+ Posts)
last month we had seen flood in SME IPO

this time in Mainboard... dont know why so much hurry and rush resulting into such clash... as if there is no good time ahead and want to list before this date only :)

it will be very difficult to take the call with limited fund :(
63. VijayGupta |   Link |October 17, 2022 10:47:44 PM
Can i sale sme share tomorrow that I purchased today
62. Kapil Mehra |   Link |October 11, 2022 10:56:55 AM (200+ Posts)
MRavi ...Sir .....just seeing u applying in this ...i appllied and got one lot....thanks a lot and God bless.Now kindly guide wt to do...hold or sell
62.1. MRavichandran |   Link |October 12, 2022 2:00:07 PM
IPO Guru IPO Guru (2000+ Posts, 2600+ Likes)
@Kapil Mehra,
Bought 2 lots yesterday at pre-open, (was busy today in Vedant. not added any Lloyds today). I will hold all 12 lots for long term because of Hem.

62.2. Suman Mishra |   Link |October 14, 2022 10:27:29 PM
No need of apprehending for Llyod. It is Arabian horse.. sit tight..i strongly believe this will be giving multi fold return in future.
61. Pratham |   Link |October 10, 2022 7:12:28 PM
IPO Mentor IPO Mentor (600+ Posts, 500+ Likes)
Underdog amongst all
Easy allotment in retail
10% profit tomorrow.
61.6. Pratham |   Link |October 11, 2022 2:03:55 AM
IPO Mentor IPO Mentor (600+ Posts, 500+ Likes)
Short term - GMP only
Long Term - No views
61.7. Pratham |   Link |October 11, 2022 11:20:20 AM
IPO Mentor IPO Mentor (600+ Posts, 500+ Likes)
Held well
60. kml |   Link |October 11, 2022 10:47:52 AM (300+ Posts)
Many many congratulations, Mravi sir.

Very good listing of Lloyds.
59. Pratham |   Link |October 9, 2022 8:01:13 PM
IPO Mentor IPO Mentor (600+ Posts, 500+ Likes)
GMP 3/4
58. Kapil Mehra |   Link |October 7, 2022 5:22:36 PM (200+ Posts)
Guys ipo central SBT mentioned is 70000......u r views please
58.3. Pratham |   Link |October 9, 2022 4:08:10 AM
IPO Mentor IPO Mentor (600+ Posts, 500+ Likes)
GMP 3-5
58.4. Khan chacha |   Link |October 9, 2022 3:01:59 PM
Hope tomorrow it will cross 10 as HNI is most interested.
57. MRavichandran |   Link |October 7, 2022 11:45:58 AM
IPO Guru IPO Guru (2000+ Posts, 2600+ Likes)
Allotments for Llyods (from RBL)

57.3. Dinesh Singh |   Link |October 7, 2022 2:47:59 PM
IPO Guru IPO Guru (1300+ Posts, 500+ Likes)
@MRav..Congratulations for 10 lot's here.
Good luck for decent listing gain.
I also alloted 2 lot here...
57.4. Kapz |   Link |October 7, 2022 4:25:10 PM
Top Contributor Top Contributor (500+ Posts, 200+ Likes)
@mravi sir, thanks for sharing. Your allotment of 9/100 reassures that the HNI subscription numbers weren’t fake or with double invalid applications. Looking forward to this listing. 😇🙏
56. SHAREKHAN BROKER |   Link |October 7, 2022 12:59:35 PM

56.2. SHAREKHAN BROKER |   Link |October 7, 2022 2:41:19 PM

56.3. Kapil Mehra |   Link |October 7, 2022 3:43:15 PM (200+ Posts)
In Retail
55. IPO Gyaaan |   Link |October 7, 2022 3:34:58 PM (200+ Posts)
In this Maha kumbh of SME IPOs I got one lot if it. At least hoping for some gains.
54. Pratham |   Link |October 7, 2022 2:49:59 PM
IPO Mentor IPO Mentor (600+ Posts, 500+ Likes)
Lloyd luxuries buying @4rs premium
53. Safe Bet |   Link |October 7, 2022 2:45:07 PM
Top Contributor Top Contributor (400+ Posts, 100+ Likes)
0/2 retail.. Was expecting atleast one ... all the Best to alotees.
52. SHAREKHAN BROKER |   Link |October 7, 2022 12:14:17 PM
52.1. SHAREKHAN BROKER |   Link |October 7, 2022 12:26:11 PM
51. Anil Mwt |   Link |October 7, 2022 12:09:43 PM (200+ Posts)
Alloted 1/2 retail application,
All the best to all the allottes
50. Kapil Mehra |   Link |October 7, 2022 12:07:15 PM (200+ Posts)
1/2 Third allotment in two days.
49. Subject to sauda |   Link |October 7, 2022 11:53:22 AM
How this possible???
49.1. IPO Gyaaan |   Link |October 7, 2022 11:55:14 AM (200+ Posts)
For me retail 1/2. Issue is subscribed more than once
48. SUBHASH B |   Link |October 6, 2022 10:40:38 PM
Issue not much oversubcribed, still bigshare making late for allotment,on the other hand Linkintime before declaring allotment, gives credit of cargosol instantly on the date of allotment.what the problem in Lloyds
48.1. IPO Gyaaan |   Link |October 6, 2022 11:16:49 PM (200+ Posts)
It looks like BSE issues are getting quick allocation while NSE is talking it's own sweet time
47. Kapil Mehra |   Link |October 6, 2022 10:27:06 PM (200+ Posts)
Quite strange.... allotment in this issue is late... otherwise all other allotments came before time
46. Nitinoswal |   Link |October 6, 2022 8:08:46 PM
Allotment kab he