Stanley Lifestyles Ltd. IPO

Q: What is the size of Stanley Lifestyles Ltd. IPO?

The size of the Stanley Lifestyles Ltd. IPO is &#8377;537.02 Cr.

Q: What is the price range of Stanley Lifestyles Ltd. IPO?

The price range of Stanley Lifestyles Ltd. IPO is at &#8377;351 to &#8377;369 per share.

Q: What is the minimum investment and lot size required for the Stanley Lifestyles Ltd. IPO?

The minimum investment required is &#8377;14,760 and minimum lot size is 40 shares.

Q: What is the objective of Stanley Lifestyles Ltd. IPO?

1.Investment in certain Subsidiaries for:{BREAK}a.Opening of the New Stores by such Subsidiaries{BREAK}b.Opening the Anchor Stores by such Subsidiaries{BREAK}c.Renovation of the Existing Stores by such Subsidiaries{BREAK}2.Funding the capital expenditure requirements for purchase of new machinery and equipment by our Company and our Material Subsidiary, Stanley OEM Sofas Limited{BREAK}3.General corporate purposes

Stanley Lifestyles Ltd., established in 2007, operates in the Furniture, Furnishing & Flooring sector. The company's IPO opened on June 21, 2024 and closed on June 25, 2024, with an issue price of ... Read more

Min Investment

₹ 14,760 / 40 shares

Price Range

₹351 - ₹ 369

Bidding Dates

21 Jun '24 - 25 Jun '24

Total Issue Value

537.02 Cr

Lot Size

Total Issue Size

537.02 Cr

Listing At

BSE, NSE

Subscription

68.77 times

BSE Price

415.00 (12.47%)

NSE Price

412.00 (11.65%)

IPO Timeline

21 Jun 2024

Bidding Starts
25 Jun 2024

Bidding Ends
26 Jun 2024

Allotment Finalization
28 Jun 2024

Listing

About Stanley Lifestyles Ltd.

We are a super-premium and luxury furniture brand in India and among the few home-grown super-premium and luxury consumer brands in India operating at scale in terms of manufacturing as well as retail operations (Source: RedSeer Report). We retail our furniture products under the ... Read more

Parent organisation

Founded

Stanley Lifestyles Ltd.

2007

Stanley Lifestyles Ltd. IPO Reservation

Investors Category	Shares Offered
Anchor Investors	43,66,052 (30%)
Non Institutional Investors	21,83,026 (15%)
Qualified Institutional Buyers (QIBs)	29,10,702 (20%)
Retail Individual Investors (RIIs)	50,93,728 (35%)

Stanley Lifestyles Ltd. Financial Information

Year End	Revenue	PAT	Reserves & Surplus
31 Mar 2024	250.90 Cr	15.70 Cr	186.50 Cr
31 Mar 2023	243.65 Cr	8.71 Cr	174.62 Cr
31 Mar 2022	178.34 Cr	9.50 Cr	182.05 Cr

Stanley Lifestyles Ltd. Background

Our Company was originally formed as a partnership firm under the Partnership Act, 1932 in the name of ‘Stanley Seating’ pursuant to a deed of partnership dated February 1, 2007. Our Company was thereafter incorporated as a public limited company as ‘Stanley Lifestyles ...

Major Events And Milestones

2007

Our Promoters started a partnership firm in the name of ‘Stanley Seating’
2008

‘Stanley Seating’ was converted from a partnership firm to a public limited company in the name of ‘Stanley Lifestyles Limited’
2011

Our Company opened its first franchisee owned franchisee operated store in Kochi, Kerala
2012

Our Company opened its first company owned company operated store in Bengaluru, Karnataka
Our Company opened its first store in Chennai, Tamil Nadu
2018

Incorporation of our Subsidiary ‘Shrasta Décor Private Limited’ through a joint venture agreement dated June 2, 2017 entered into between Stanley Retail Limited, Sharmila Manghnani and Rajesh Manghnani, and opened our first ‘company-owned company operated’ store in Hyderabad
2019

Raised funding of an amount of ₹1,000 million from Oman India Joint Investment Fund II, pursuant to the SSHA
Our Company opened its first store under ‘Sofas & More by Stanley’ format to offer products which fall in the mid-high category
Our Company opened its first store under ‘Stanley Level Next’ format to offer luxury products
2021

The store count of our Company increased to 25 stores
2022

Our Company opened its first ‘company owned company operated’ store in Delhi
2023

The store count of our Company increased to more than 50 stores

Stanley Lifestyles Ltd. Object of Issues

1.Investment in certain Subsidiaries for:
a.Opening of the New Stores by such Subsidiaries
b.Opening the Anchor Stores by such Subsidiaries
c.Renovation of the Existing Stores by such Subsidiaries
2.Funding the capital expenditure requirements for purchase of new machinery and equipment by our Company and our Material Subsidiary, Stanley OEM Sofas Limited
3.General corporate purposes

Stanley Lifestyles Ltd. IPO Listing Details

Listing Date

28 Jun 2024

BSE Script Code

544202

NSE Symbol

STANLEY

ISIN

INE01A001028

Final Issue Price

₹ 369

Stanley Lifestyles Ltd. Listing Day Trading Information

Pricing Details	BSE	NSE
Issue Price	₹ 369.00	₹ 369.00
Open	₹ 499.00	₹ 494.95
Low	₹ 470.25	₹ 470.20
High	₹ 510.00	₹ 509.40
Last Trade	₹ 474.00	₹ 474.75

Stanley Lifestyles Ltd. Company Promoters

1. Sunil Suresh
2. Shubha Sunil

Industry Overview

The boom in the real estate market in India has enabled the furniture market in India to experience a high growth trajectory. In Fiscal 2021, the organised market accounted for 23% of the total furniture and home goods market, which increased to 26% by Fiscal 2023. Furthermore, by Fiscal 2027, ... Read more

Stanley Lifestyles Ltd. IPO Registrar

KFin Technologies Ltd.

Selenium, Tower B, Plot 31 & 32, Financial District, Nanakramguda, Serilingampally, Hyderabad Telangana - 500032

67162222

Stanley Lifestyles Ltd. IPO Lead Manager(s)

SBI Capital Markets Ltd.

1501, 15th floor, A&B Wing Parinee Crescenzo, G Block, Bandra Kurla Complex, Bandra (East), Mumbai Maharashtra - 400051

40069807

FAQs

When does Stanley Lifestyles Ltd. IPO opens and closes?

Stanley Lifestyles Ltd. IPO opens from 21st June to 25th June 2024.

What is the size of Stanley Lifestyles Ltd. IPO?

The size of the Stanley Lifestyles Ltd. IPO is ₹537.02 Cr.

What is the price range of Stanley Lifestyles Ltd. IPO?

The price range of Stanley Lifestyles Ltd. IPO is at ₹351 to ₹369 per share.

What is the minimum investment and lot size required for the Stanley Lifestyles Ltd. IPO?

The minimum investment required is ₹14,760 and minimum lot size is 40 shares.

When is Stanley Lifestyles Ltd. IPO listing date?

The Stanley Lifestyles Ltd. IPO will be listed on 28th June 2024.

What is the objective of Stanley Lifestyles Ltd. IPO?

Latest Updates

Stanley Lifestyles IPO Lists At Rs. 494.95 Marking 34.13% Premium Debut On D-Street

On Friday, shares of Stanley Lifestyles Ltd. went public on the BSE at a premium of more than 38% listing at Rs 499, over the issue price of Rs 369. It listed at Rs 494.95, up 34.13%, on the NSE.

28 June 2024

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