Stanley Lifestyles IPO vs Vraj Iron and Steel IPO

Comparision between Stanley Lifestyles IPO and Vraj Iron and Steel IPO.

IPO Details

Stanley Lifestyles IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Vraj Iron and Steel IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Stanley Lifestyles IPO	Vraj Iron and Steel 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	Axis Capital Limited ICICI Securities Limited Jm Financial Limited SBI Capital Markets Limited	Aryaman Financial Services Limited
Registrar	Kfin Technologies Limited	Bigshare Services Pvt Ltd
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 Stanley Lifestyles IPO is up to ₹537.02 Cr whereas the issue size of the Vraj Iron and Steel IPO is up to ₹171.00 Cr. The final issue price of Stanley Lifestyles IPO is ₹369.00 per share and of Vraj Iron and Steel IPO is ₹207.00 per share.

	Stanley Lifestyles IPO	Vraj Iron and Steel 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)
Discount (Employee)
Market Lot Size	40 shares	72 shares
Fresh Issue Size	54,20,054 shares	82,60,870 shares
Fresh Issue Size (Amount)	up to ₹200.00 Cr	up to ₹171.00 Cr
OFS Issue Size	91,33,454 shares
OFS Issue Size (Amount)	up to ₹337.02 Cr
Issue Size Total	1,45,53,508 shares	82,60,870 shares
Issue Size Total (Amount)	up to ₹537.02 Cr	up to ₹171.00 Cr

IPO Timetable

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

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

Financials

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

Stanley Lifestyles IPO

Vraj Iron and Steel IPO

Financial

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

Vraj Iron and Steel Limited Financial Information (Restated Consolidated)

Vraj Iron and Steel Limited's revenue increased by 24.87% and profit after tax (PAT) rose by 88.12% 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	253.05	191.54	150.77	126.33
Revenue	304.81	517.42	414.38	290.93
Profit After Tax	44.58	54.00	28.70	10.99
Net Worth	187.50	140.92	87.14	57.79
Reserves and Surplus	162.78	135.97	82.19	52.85
Total Borrowing	49.30	22.98	42.51	45.78
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

67.36%

99.99%

Promoter Shareholding (Post-Issue)

56.81%

P/E Ratio

54.43

9.48

Market Cap

₹2103.94 Cr.

₹682.74 Cr.

ROE

7.92%%

23.78%%

ROCE

8.63%%

25.34%%

Debt/Equity

0.86

0.27

EPS

₹6.78

₹21.84

RoNW

8.34%%

23.78%%

Shares Offered

In the Stanley Lifestyles IPO retail investors (RII) are offered 50,93,728 shares while in Vraj Iron and Steel 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 and Steel IPO.

	Stanley Lifestyles IPO	Vraj Iron and Steel IPO
Anchor Investor Reserveration	43,66,051 shares	24,78,259 shares
Market Maker Reserveration
QIB	29,10,702 shares	16,52,174 shares
NII	21,83,026 shares	12,39,130 shares
RII	50,93,728 shares	28,91,305 shares
Employee	0 shares	0 shares
Others
Total	1,01,87,456 shares	57,82,609 shares

Bids Received (Subscription)

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

	Stanley Lifestyles IPO	Vraj Iron and Steel IPO
QIB (times)	215.62x	173.99x
NII (times)	121.42x	221.66x
Big NII (times)	136.75x	217.50x
Small NII (times)	90.76x	229.99x
RII (times)	19.08x	58.31x
Employee (times)
Other (times)
Total (times)	97.16x	126.36x

Compare with others

Stanley Lifestyles IPO	Vraj Iron and Steel 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	OLA Electric 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	Kronox Lab Sciences IPO

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