OLA Electric vs Stanley Lifestyles IPO

Comparision between OLA Electric and Stanley Lifestyles IPO.

IPO Details

OLA Electric 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	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	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
Anchor Investor		Anchor Investor
IPO Allotment URL		IPO Allotment URL

Issue Size and Price

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

	OLA Electric	Stanley Lifestyles IPO
Face Value	₹10 per share	₹2 per share
Issue Price (Lower)		₹351.00 per share
Issue Price (Upper)		₹369.00 per share
Issue Price (Final)		₹369.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size		40 shares
Fresh Issue Size		54,20,054 shares
Fresh Issue Size (Amount)	up to ₹5,500.00 Cr	up to ₹200.00 Cr
OFS Issue Size	9,51,91,195 shares	91,33,454 shares
OFS Issue Size (Amount)		up to ₹337.02 Cr
Issue Size Total		1,45,53,508 shares
Issue Size Total (Amount)		up to ₹537.02 Cr

IPO Timetable

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

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

Financials

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

OLA Electric

Stanley Lifestyles IPO

Financial

Ola Electric Mobility Limited Financial Information (Restated)

Ola Electric Mobility Limited's revenue increased by 509.89% and profit after tax (PAT) dropped by -87.73% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Jun 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	5,711.12	5,573.17	5,395.86	2,112.64
Revenue	1,278.68	2,782.70	456.26	106.08
Profit After Tax	-267.16	-1,472.08	-784.15	-199.23
Net Worth	2,111.51	2,356.44	3,661.45	1,970.62
Reserves and Surplus	-1,625.90	-1,380.03	-68.83	1,999.30
Total Borrowing	1,616.57	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

54.43

Market Cap

₹2103.94 Cr.

ROE

7.92%%

ROCE

8.63%%

Debt/Equity

0.86

EPS

₹6.78

RoNW

8.34%%

Shares Offered

In the OLA Electric retail investors (RII) are offered while in Stanley Lifestyles IPO retail investors are offered . Qualified institutional buyers (QIB) are offered in OLA Electric and 29,10,702 shares in Stanley Lifestyles IPO.

	OLA Electric	Stanley Lifestyles IPO
Anchor Investor Reserveration		43,66,051 shares
Market Maker Reserveration
QIB		29,10,702 shares
NII		21,83,026 shares
RII		50,93,728 shares
Employee		0 shares
Others
Total		1,01,87,456 shares

Bids Received (Subscription)

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

	OLA Electric	Stanley Lifestyles IPO
QIB (times)		215.62x
NII (times)		121.42x
Big NII (times)		136.75x
Small NII (times)		90.76x
RII (times)		19.08x
Employee (times)
Other (times)
Total (times)		97.16x

Compare with others

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

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