OLA Electric IPO vs Stanley Lifestyles IPO

Comparision between OLA Electric IPO and Stanley Lifestyles IPO.

IPO Details

OLA Electric IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Stanley Lifestyles IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	OLA Electric IPO	Stanley Lifestyles IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	Kotak Mahindra Capital Company Limited Bofa Securities India Limited Axis Capital Limited SBI Capital Markets Limited Citigroup Global Markets India Private Limited Goldman Sachs (India) Securities Private Limited ICICI Securities Limited Bob Capital Markets Limited	Axis Capital Limited ICICI Securities Limited Jm Financial Limited SBI Capital Markets Limited
Registrar	Link Intime India Private Ltd	Kfin Technologies Limited
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of OLA Electric IPO is up to ₹6,145.56 Cr whereas the issue size of the Stanley Lifestyles IPO is up to ₹537.02 Cr. The final issue price of OLA Electric IPO is ₹76.00 per share and of Stanley Lifestyles IPO is ₹369.00 per share.

	OLA Electric IPO	Stanley Lifestyles IPO
Face Value	₹10 per share	₹2 per share
Issue Price (Lower)	₹72.00 per share	₹351.00 per share
Issue Price (Upper)	₹76.00 per share	₹369.00 per share
Issue Price (Final)	₹76.00 per share	₹369.00 per share
Discount (Retail)
Discount (Employee)	₹7.00 per share
Market Lot Size	195 shares	40 shares
Fresh Issue Size	72,36,84,210 shares	54,20,054 shares
Fresh Issue Size (Amount)	up to ₹5,500.00 Cr	up to ₹200.00 Cr
OFS Issue Size	8,49,41,997 shares	91,33,454 shares
OFS Issue Size (Amount)	up to ₹645.56 Cr	up to ₹337.02 Cr
Issue Size Total	80,86,26,207 shares	1,45,53,508 shares
Issue Size Total (Amount)	up to ₹6,145.56 Cr	up to ₹537.02 Cr

IPO Timetable

OLA Electric IPO opens on Aug 02, 2024, while Stanley Lifestyles IPO opens on Jun 21, 2024. The closing date of OLA Electric IPO and Stanley Lifestyles IPO is Aug 06, 2024, and Jun 25, 2024, respectively.

	OLA Electric IPO	Stanley Lifestyles IPO
Anchor Bid Date	Aug 01, 2024	Jun 20, 2024
Issue Open	Aug 02, 2024	Jun 21, 2024
Issue Close	Aug 06, 2024	Jun 25, 2024
Basis Of Allotment (Tentative)	Aug 07, 2024	Jun 26, 2024
Initiation of Refunds (Tentative)	Aug 08, 2024	Jun 27, 2024
Credit of Share (Tentative)	Aug 08, 2024	Jun 27, 2024
Listing date (Tentative)	Aug 09, 2024	Jun 28, 2024
Anchor Lockin End date 1	Sep 05, 2024	Jul 26, 2024
Anchor Lockin End date 2	Nov 04, 2024	Sep 24, 2024

Financials

OLA Electric IPO P/E ratio is -17.69, as compared to Stanley Lifestyles IPO P/E ratio of 54.43.

OLA Electric IPO

Stanley Lifestyles IPO

Financial

Ola Electric Mobility Limited Financial Information (Restated Consolidated)

Ola Electric Mobility Limited's revenue increased by 88.42% and profit after tax (PAT) dropped by -7.63% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	7,735.41	5,573.17	5,395.86	2,112.64
Revenue	5,243.27	2,782.70	456.26	106.08
Profit After Tax	-1,584.40	-1,472.08	-784.15	-199.23
Net Worth	2,019.34	2,356.44	3,661.45	1,970.62
Reserves and Surplus	-2,882.54	-1,380.03	-68.83	1,999.30
Total Borrowing	2,389.21	1,645.75	750.41	38.87
Amount in ₹ Crore

Stanley Lifestyles Limited Financial Information (Restated Consolidated)

Stanley Lifestyles Limited's revenue increased by 42.94% and profit after tax (PAT) rose by 50.64% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Dec 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	581.54	458.19	422.15	346.52
Revenue	322.29	425.62	297.76	201.71
Profit After Tax	18.70	34.98	23.22	1.92
Net Worth	237.21	216.50	199.76	182.93
Reserves and Surplus	225.83	207.88	191.31	174.96
Total Borrowing	30.90	9.37	6.09	0.25
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

85.77%

67.36%

Promoter Shareholding (Post-Issue)

56.81%

P/E Ratio

-17.69

54.43

Market Cap

₹33521.75 Cr.

₹2103.94 Cr.

ROE

7.92%%

ROCE

8.63%%

Debt/Equity

0.86

EPS

₹-4.30

₹6.78

RoNW

-78.46%%

8.34%%

Shares Offered

In the OLA Electric IPO retail investors (RII) are offered 8,07,90,252 shares while in Stanley Lifestyles IPO retail investors are offered 8,07,90,252 shares. Qualified institutional buyers (QIB) are offered 24,23,70,750 shares in OLA Electric IPO and 29,10,702 shares in Stanley Lifestyles IPO.

	OLA Electric IPO	Stanley Lifestyles IPO
Anchor Investor Reserveration	36,35,56,135 shares	43,66,051 shares
Market Maker Reserveration
QIB	24,23,70,750 shares	29,10,702 shares
NII	12,11,85,387 shares	21,83,026 shares
RII	8,07,90,252 shares	50,93,728 shares
Employee	7,97,101 shares	0 shares
Others
Total	44,51,43,490 shares	1,01,87,456 shares

Bids Received (Subscription)

OLA Electric IPO subscribed 4.45x in total, whereas Stanley Lifestyles IPO subscribed 97.16x.

	OLA Electric IPO	Stanley Lifestyles IPO
QIB (times)	5.53x	215.62x
NII (times)	2.51x	121.42x
Big NII (times)	2.75x	136.75x
Small NII (times)	2.03x	90.76x
RII (times)	4.05x	19.08x
Employee (times)	12.38x
Other (times)
Total (times)	4.45x	97.16x

Compare with others

OLA Electric IPO	Stanley Lifestyles IPO
Ceigall India IPO	Bansal Wire IPO
Akums Drugs and Pharmaceuticals IPO	Emcure Pharma IPO
Sanstar IPO	OLA Electric IPO
Bansal Wire IPO	Vraj Iron and Steel IPO
Emcure Pharma IPO	Aasaan Loans IPO
Vraj Iron and Steel IPO	DEE Piping Systems IPO
Aasaan Loans IPO	ixigo IPO
Stanley Lifestyles IPO	Kronox Lab Sciences IPO
DEE Piping Systems IPO	Awfis Space Solutions IPO
ixigo IPO	Go Digit IPO

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