Lloyds Luxuries IPO 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 True Fitt & 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.
Lloyds Luxuries IPO– Overview
| IPO Dates | 28-30 sept 2022. |
| IPO Price | INR 40 per share |
| Fresh issue | 6000,000 shares (INR 21.15 crore) |
| Offer For Sale | Nil |
| Total IPO size | 6000,000 shares (INR 21.15 crore) |
| Minimum bid (lot size) | 3000 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge |
Lloyds Luxuries IPO -Tentative Dates
| IPO Offer Opening Date | 28 September 2022 |
| IPO Closing Date | 30 September 2022 |
| Finalisation of Basis of Allotment | 6 October 2022 |
| Initiation of refunds | 7 October 2022 |
| Transfer of shares to demat accounts | 10 October 2022 |
| IPO Listing Date | 11 October 2022 |
| Opening Price on NSE SME | Coming soon |
| Closing Price on NSE SME | Coming soon |
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.
Objects 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.
Company Financials
| Particulars | 31-March-22 | 31-June-21 | 31-Mar-20 |
| Total Assets | 2645.1 | 2524.96 | 2561.49 |
| Total Revenue | 2086.05 | 1855.58 | 2801.63 |
| Profit After Tax | -916.78 | -303.07 | -323.8 |
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/
Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
Lead Manager(s)
- Hem Securities Limited (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
