Stanley Lifestyles IPO vs Vraj Iron IPO

Comparison between Stanley Lifestyles IPO and Vraj Iron IPO.

IPO Details

Stanley Lifestyles IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Vraj Iron IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Stanley Lifestyles IPO is up to ₹537.02 Cr whereas the issue size of the Vraj Iron IPO is up to ₹171.00 Cr. The final issue price of Stanley Lifestyles IPO is ₹369.00 per share and of Vraj Iron IPO is ₹207.00 per share.

 Stanley Lifestyles IPOVraj Iron IPO
Face Value₹2 per share₹10 per share
Issue Price (Lower)₹351.00 per share₹195.00 per share
Issue Price (Upper)₹369.00 per share₹207.00 per share
Issue Price (Final)₹369.00 per share₹207.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size40 shares72 shares
Fresh Issue Size54,20,054 shares82,60,869 shares
Fresh Issue Size (Amount)up to ₹200.00 Crup to ₹171.00 Cr
OFS Issue Size91,33,454 shares0 shares
OFS Issue Size (Amount)up to ₹337.02 Crup to ₹0.00 Cr
Issue Size Total1,45,53,508 shares82,60,869 shares
Issue Size Total (Amount)up to ₹537.02 Crup to ₹171.00 Cr

IPO Timetable

Stanley Lifestyles IPO opens on Jun 21, 2024, while Vraj Iron IPO opens on Jun 26, 2024. The closing date of Stanley Lifestyles IPO and Vraj Iron IPO is Jun 25, 2024, and Jun 28, 2024, respectively.

 Stanley Lifestyles IPOVraj Iron IPO
Anchor Bid DateJun 20, 2024Jun 25, 2024
Issue OpenJun 21, 2024Jun 26, 2024
Issue CloseJun 25, 2024Jun 28, 2024
Basis Of Allotment (Tentative)Jun 26, 2024Jul 01, 2024
Initiation of Refunds (Tentative)Jun 27, 2024Jul 02, 2024
Credit of Share (Tentative)Jun 27, 2024Jul 02, 2024
Listing date (Tentative)Jun 28, 2024Jul 03, 2024
Anchor Lockin End date 1Jul 26, 2024Jul 31, 2024
Anchor Lockin End date 2Sep 24, 2024Sep 29, 2024

Financials & KPIs

Stanley Lifestyles IPO P/E ratio is 54.43, as compared to Vraj Iron IPO P/E ratio of 9.48.

 Stanley Lifestyles IPOVraj Iron IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets581.54458.19422.15346.52
Total Income322.29425.62297.76201.71
Profit After Tax18.7034.9823.221.92
NET Worth237.21216.50199.76182.93
Reserves and Surplus225.83207.88191.31174.96
Total Borrowing30.909.376.090.25
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets253.05191.54150.77126.33
Total Income304.81517.42414.38290.93
Profit After Tax44.5854.0028.7010.99
NET Worth187.50140.9287.1457.79
Reserves and Surplus162.78135.9782.1952.85
Total Borrowing49.3022.9842.5145.78
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)67.3699.99
Promoter Shareholding (Post-Issue)56.81
P/E Ratio54.439.48
Market Cap₹2103.94 Cr.₹682.74 Cr.
ROE7.92%23.78%
ROCE8.63%25.34%
Debt/Equity0.860.27
EPS₹6.78₹21.84
RoNW8.34%23.78%

Shares Offered

In the Stanley Lifestyles IPO Retail Individual Investors (RII) are offered 50,93,728 shares while in Vraj Iron IPO retail investors are offered 50,93,728 shares. Qualified Institutional Buyers (QIB) are offered 29,10,702 shares in Stanley Lifestyles IPO and 16,52,174 shares in Vraj Iron IPO.

 Stanley Lifestyles IPOVraj Iron IPO
Anchor Investor Reservation43,66,051 shares24,78,259 shares
Market Maker Reservation
QIB29,10,702 shares16,52,174 shares
NII21,83,027 shares12,39,131 shares
RII50,93,728 shares28,91,305 shares
Employee
Others
Total1,45,53,508 shares82,60,869 shares

Bids Received (Subscription)

Stanley Lifestyles IPO subscribed 97.16x in total, whereas Vraj Iron IPO subscribed 126.36x.

 Stanley Lifestyles IPOVraj Iron IPO
QIB (times)215.62x173.99x
NII (times)121.42x221.66x
Big NII (times)136.75x217.50x
Small NII (times)90.76x229.99x
RII (times)19.08x58.31x
Employee (times)
Other (times)
Total (times)97.16x126.36x

Compare with others

Compare:

Stanley Lifestyles IPO Vs Vraj Iron IPO