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Stanley Lifestyles IPO Overview
You are at right place to check all the details regarding Stanley Lifestyles IPO. The dates for Stanley Lifestyles IPO is announced. The IPO will open on June 21, 2024 and will close on June 25, 2024
The Stanley Lifestyles IPO price band is fixed at ₹351 to ₹369 Per Share. The company aims to raise around ₹537 Crores via this IPO. You can find complete information about Stanley Lifestyles IPO in this post.
The Stanley Lifestyles IPO lot size for the application is 40 shares and hence minimum amount that you would need for this IPO (by retail investors) is ₹14,760.
About Stanley Lifestyles IPO:
Stanley Lifestyles is India’s largest super-premium and luxury furniture brand with a market share of 5.61% in terms of revenue in Fiscal 2022. They are also 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) Further, they are the fourth largest player in the home furniture segment in India in terms of revenue in Fiscal 2022. (Source: RedSeer Report) They have the distinction of being among the first few Indian companies to venture into the super-premium and luxury furniture segment and one of the few Indian companies present across various price points, i.e., super-premium, luxury, and ultra-luxury segments, through their various brands. (Source: RedSeer Report).
They design, manufacture, and retail their products through their network of pan-India stores. According to the RedSeer Report, they are among the top four Indian super-premium and luxury furniture manufacturing companies in India that are completely integrated, possessing the ability to manufacture their products and distribute them through their network of retail stores. They believe that their in-house manufacturing operations coupled with their retailing model, differentiates them from other Indian and foreign furniture brands. Their integrated model provides them with the ability to have complete control over their processes, ranging from procurement of raw materials, designing their products, manufacturing, quality control, marketing, and ultimately sale of their products.
They offer customers bespoke products by leveraging the skilled craftsmanship of their employees. Their employees possess expertise across various processes that they deploy as part of their operations which include leather marking, cutting, carpentry, sewing and stitching, metal work, and polishing. As of June 30, 2023, the total number of craftsmen associated with their new product development division was 61 (including permanent employees and craftsmen on a contractual basis). They focus on attention to detail while blending unique manufacturing techniques with contemporary design to deliver a truly distinctive product experience and offer luxurious offerings to customers. Almost all of the products under their “Stanley Level Next” and “Stanley Boutique” brands include handcrafted elements.
Objects of the Issue
- Expenditure for opening new stores under the formats of “Stanley Level Next”, “Stanley Boutique” and “Sofas & More by Stanley” (“New Stores”);
- Expenditure for opening anchor stores (“Anchor Stores”)
- Expenditure for the renovation of existing stores under the formats of “Stanley Level Next”, “Stanley Boutique” and “Sofas & More by Stanley” (“Existing Stores”)
- Funding the capital expenditure requirements for purchasing new machinery and equipment by the company and Material Subsidiary, SOSL;
- General corporate purposes
Stanley Lifestyles IPO Review (Apply or Not?)
- To Be Updated Soon
Stanley Lifestyles IPO Brokerage House Reviews:
- Ajcon Global Services: To Be Updated
- Anand Rathi: To Be Updated
- BP Equities (BP Wealth): To Be Updated
- Canara Bank Securities: To Be Updated
- SBICAP Securities: To Be Updated
- SMC Global: To Be Updated
- Swastika Investmart: To Be Updated
- Ventura Securities: To Be Updated
Stanley Lifestyles IPO Date & Price Band Details
| IPO Open: | June 21, 2024 |
| IPO Close: | June 25, 2024 |
| IPO Size: | Approx ₹537 Crores |
| Fresh Issue: | Approx ₹200 Crores |
| Face Value: | Rs2 Per Equity Share |
| IPO Price Band: | ₹351 to ₹369 Per Share |
| IPO Lot Size | 75 Shares |
| IPO Listing on: | BSE & NSE |
| Retail Quota: | 35% |
| QIB Quota: | 50% |
| NII Quota: | 15% |
| Discount: | N/A |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Stanley Lifestyles IPO Market Lot
The Stanley Lifestyles IPO minimum market lot is 40 shares which is equal to ₹14,760 application amount. The retail investors can apply up-to 13 lots with 520 shares which is equal to ₹191,880
| Category | Lot Size | Shares | Required Amount |
| Retail Minimum | 1 | 40 | ₹14,760 |
| Retail Maximum | 13 | 520 | ₹191,880 |
| S-HNI Minimum | 14 | 560 | ₹206,640 |
| B-HNI Minimum | 68 | 2720 | ₹1003,680 |
Stanley Lifestyles IPO Allotment & Listing Dates
The Stanley Lifestyles IPO open date is June 21, 2024 and the close date is June 25, 2024 . The Stanley Lifestyles IPO allotment will be finalized on June 26, 2024 and the IPO listing on June 28, 2024 .
| IPO Open Date: | June 21, 2024 |
| IPO Close Date: | June 25, 2024 |
| Basis of Allotment: | June 26, 2024 |
| Refunds: | June 27, 2024 |
| Credit to Demat Account: | June 27, 2024 |
| IPO Listing Date: | June 28, 2024 |
Stanley Lifestyles Company Financial Report
| Year | Revenue (Cr) | Expense (Cr) | PAT (Cr) |
| 2021 | ₹201.71 | ₹195.49 | ₹1.92 |
| 2022 | ₹297.76 | ₹265.82 | ₹23.22 |
| 2023 | ₹425.62 | ₹379.22 | ₹34.98 |
Stanley Lifestyles IPO Valuation
Below is the financial details of Stanley Lifestyles for the year FY2023.
| Earning Per Share (EPS): | ₹6.37 per Equity Shar |
| P/E Ratio: | – |
| Return on Net Worth (RoNW): | 15.18% |
| Debt/Equity: | ₹41.97 per Equity Share |
Company Promoters:
- Sunil Suresh
- Shubha Sunil
Competitor Companies:
- NA
Stanley Lifestyles IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: sll.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus
Stanley Lifestyles IPO Lead Managers
- Axis Capital Limited
- ICICI Securities Limited
- Jm Financial Limited
- SBI Capital Markets Limited
Stanley Lifestyles IPO Allotment Status Check
Allotment status of Stanley Lifestyles IPO can be checked on KFintech website : Click here
Company Address of Stanley Lifestyles :
Stanley Lifestyles Limited
SY No. 16/2 and 16/3 Part,
Hosur Road, Veerasandra Village, Attibele Hobli,
Anekal Taluk, Bengaluru – 560 100
Phone: + 91 80 6895 7200
Email: investors@stanleylifestyles.com
Website: http://www.stanleylifestyles.com
Stanley Lifestyles IPO FAQs
Q1) What is Stanley Lifestyles IPO?
Answer: Stanley Lifestyles IPO is Initial Public Offer from Stanley Lifestyles company. The company is planning to raise ₹537 Crores via this IPO. The share price is priced at band of ₹351 to ₹369 per equity share. The IPO will be listed on BSE & NSE.
Q2) When Stanley Lifestyles IPO will open and close?
Answer: The IPO is to open on June 21, 2024 for QIB, NII, and Retail Investors and closes on June 21, 2024
Q3) What is Stanley Lifestyles IPO Investors Portion?
Answer: The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
Q4) What is the Stanley Lifestyles IPO Allotment Date?
Answer: Stanley Lifestyles IPO allotment date is June 26, 2024.
Q5) What is the Stanley Lifestyles IPO Listing Date?
Answer: Stanley Lifestyles IPO listing date is June 28, 2024. The IPO is to list on BSE and NSE.
Q6) How to Check 3C IT Solutions IPO Grey Market Premium (GMP)?
Answer: The IPO GMP can be checked by visiting Stanley Lifestyles IPO Premium page. Alternatively it can also checked along with GMP of other IPOs at IPO Grey Market Page.
Q6) How to Check 3C IT Solutions IPO Allotment Status?
Answer: The IPO Allotment can be checked by visiting Stanley Lifestyles IPO allotment status page. Alternatively, it can also checked along with allotment status of other IPOs at IPO Allotment Status Page.
Q7) How to Check 3C IT Solutions IPO Subscription Status?
Answer: The IPO Subscription can be checked by visiting Stanley Lifestyles IPO Subscription status page. Alternatively, it can also checked along with subscription status of other IPOs at IPO Subscription Status Page.
Q8) How to Apply the Stanley Lifestyles IPO through Zerodha?
Answer: You can apply to this IPO through Zerodha by logging in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Stanley Lifestyles ”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App like PhonePe or GooglePay etc to Approve the mandate. If you still dont have Demat account with Zerodha you can open it using this link, Open Demat Account with Zerodha.