The Stanley Lifestyles Limited date has been confirmed from June 21, 2024 – June 25, 2024.
Stanley IPO is a book built issue of Rs 537.02 crores. The issue is a combination of fresh issue of 0.54 crore shares aggregating to Rs 200.00 crores and offer for sale of 0.91 crore shares aggregating to Rs 337.02 crores. The minimum amount of investment required by retail investors is ₹14,760. The minimum lot size investment for sNII is 14 lots (560 shares), amounting to ₹206,640, and for bNII, it is 68 lots (2,720 shares), amounting to ₹1,003,680.
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Key Details Of Stanley Lifestyles Limited IPO
Bidding Dates
June 21- 25
Price Range
₹351 to ₹369 per share
Face Value
₹2 per share
GMP
₹150
Stanley Lifestyles Limited IPO GMP
The Stanley Lifestyles Limited IPO GMP is ₹150.
IPO Overview
The Stanley IPO opens for subscription on June 21, 2024, and closes on June 25, 2024. The allotment for the Stanley IPO is expected to be finalized on Wednesday, June 26, 2024. Stanley IPO will list on BSE and NSE, with a tentative listing date fixed for Friday, June 28, 2024. The Stanley IPO price band is set at ₹351 to ₹369 per share. The minimum lot size for an application is 40 shares.
Stanley Lifestyles Limited IPO Details
| IPO Date | June 21, 2024 to June 25, 2024 |
| Listing Date | [.] |
| Face Value | ₹2 per share |
| Price Band | ₹351 to ₹369 per share |
| Lot Size | 40 Shares |
| Total Issue Size | 14,553,508 shares (aggregating up to ₹537.02 Cr) |
| Fresh Issue | 5,420,054 shares (aggregating up to ₹200.00 Cr) |
| Offer for Sale | 9,133,454 shares of ₹2 (aggregating up to ₹337.02 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 51,597,168 |
| Share holding post issue | 57,017,222 |
Stanley Lifestyles Limited IPO Timeline
| IPO Open Date | Friday, June 21, 2024 |
| IPO Close Date | Tuesday, June 25, 2024 |
| Basis of Allotment | Wednesday, June 26, 2024 |
| Initiation of Refunds | Thursday, June 27, 2024 |
| Credit of Shares to Demat | Thursday, June 27, 2024 |
| Listing Date | Friday, June 28, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on June 25, 2024 |
Stanley Lifestyles Limited Financial Information
| 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 | ||||
Stanley Lifestyles Limited IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 35,811,405 (45.00%) | NA |
| QIB Shares Offered | 23,874,271 (30.00%) | NA |
| NII (HNI) Shares Offered | 11,937,134 (15.00%) | |
| bNII > ₹10L | 7,958,089 (10.00%) | 3,530 |
| sNII < ₹10L | 3,979,045 (5.00%) | 1,765 |
| Retail Shares Offered | 7,958,089 (10.00%) | 49,429 |
| Total Shares Offered | 79,580,899 (100%) |
Company Profile
Established in 2007, Stanley Lifestyles Limited creates high-end, luxurious furniture and distributes it under the brand name “Stanley.”
The company offers a range of products that can be categorized as follows:
- Seating: This category includes seating furniture like sofas, sofa beds, recliners, dining chairs, poufs, bar stools, and cushions.
- Cased goods: These products have a solid casing, usually
made of wood. They include coffee tables, dining tables, end tables, and consoles.
- Kitchens and cabinets: This category includes kitchens and cabinetry products in various materials, finishes, and styles. It includes kitchens, wardrobes, laundry/utility cupboards, bar cabinets, shoe racks, prayer cupboards, and bedside tables.
- Mattresses and beds: This category includes a range of bed frames, mattresses, pillows, and accessories. The company designs, manufactures, and sells these products.
Registrar Info
| Name | Kfin Technologies Limited |
| Phone number | 04067162222, 04079611000 |
| Email ID | [email protected] |
| Website | kosmic.kfintech.com |
Contact Details
| Name | Stanley Lifestyles Limited |
| Phone number | + 91 80 6895 7200 |
| Email ID | [email protected] |
| Website | stanleylifestyles.com |
IPO Strenghts
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Stanley Lifestyles Limited IPO FAQs
When Stanley IPO will open?
The Stanley IPO opens on June 21, 2024 and closes on June 25, 2024.
What is the lot size of Stanley IPO?
Stanley IPO lot size is 40 Shares, and the minimum amount required is ₹14,760.
When is Stanley IPO listing date?
The Stanley IPO listing date is not yet announced. The tentative date of Stanley IPO listing is Friday, June 28, 2024.
