Stanley Lifestyles Limited

Stanley Lifestyles Limited

Mainboard

₹14,760 / 40 Shares

Offer Date:Jun 21, 2024 - Jun 25, 2024
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Stanley Lifestyles Limited IPO Details

The Stanley Lifestyles Limited IPO price band is set between ₹351-369 per equity share, with a face value of ₹2 per share. The issue is managed by Kfin Technologies Limited, and the equity shares are proposed to be listed on the Mainboard.

The IPO date for subscription opens on 21 Jun, 2024 and closes on 25 Jun, 2024. Investors can check the allotment status on 26 Jun, 2024, while the listing date is tentatively scheduled for 28 Jun, 2024.

The total issue size is Total ₹537.02 Cr :#Fresh Issue : 5,420,054 shares, aggregating up to ₹200.00 Cr. Stay tuned for the latest Stanley Lifestyles Limited IPO review and GMP updates.

Stanley Lifestyles Limited IPO Review, Rating & Analysis

Stanley Lifestyles Limited IPO Review

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Stanley Lifestyles Limited IPO Rating

Stanley Lifestyles Limited IPO Highlights

IPO Date

Jun 21, 2024 - Jun 25, 2024

Listing Date

28 Jun, 2024

Face Value

₹2 Per Equity Share

Price Band

₹351-369 per equity share

Lot Size

40 Shares

Fresh Issue

5,420,054 Shares

Offer for Sale

9,133,454 shares of ₹2

Listing At

BSE, NSE

Stanley Lifestyles Limited IPO Lot Size

The minimum market lot for Stanley Lifestyles Limited IPO is 40 shares with an application amount of ₹14,760. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.

ApplicationLotsSharesAmount
Retail (Min)140₹14,760
Retail (Max)13520₹1,91,880
S-HNI (Min)14560₹2,06,640
S-HNI (Max)672680₹9,88,920
B-HNI (Min)682720₹10,03,680

Stanley Lifestyles Limited IPO Timeline

IPO Open Date
21 Jun, 2024
IPO Close Date
25 Jun, 2024
Basis of Allotment
26 Jun, 2024
Listing Date
28 Jun, 2024

Issue Price

₹351-369 per equity share

Face Value

₹2 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Kfin Technologies Limited

Lead Manager

Axis Capital LimitedICICI Securities LimitedJm Financial LimitedSBI Capital Markets Limited

Issue Size

Total ₹537.02 Cr :
#Fresh Issue : 5,420,054 shares(aggregating up to ₹200.00 Cr) +
#OFS : 9,133,454 shares of ₹2(aggregating up to ₹337.02 Cr)

Stanley Lifestyles Limited IPO Financial Information

Period EndedAssetsRevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31 Mar 23458.19425.6234.98216.50207.889.37
31 Mar 22422.15297.7623.22199.76191.316.09
31 Mar 21346.52201.711.92182.93174.960.25

All values are in ₹ Cr.

Stanley Lifestyles Limited IPO Valuations

EPS Pre IPO

₹6.48/-

EPS Post IPO

₹4.37/-

PE Pre IPO

54.43

PE Post IPO

84.4

ROE

7.92%

ROCE

8.63%

Debt Equity

0.86

RoNW

8.34%

PAT Margin

5.97

Price to Book Value

8.03

Promoters & Share Holding

Promoter(s) Name

  • Sunil Suresh
  • Shubha Sunil
Share Holding Pre IssueShare Holding Post Issue
67.36%56.81%

About Company

Stanley Lifestyles Limited designs and manufactures super-premium, luxury and ultra-luxury furniture and sells it through its brand Stanley.

The company's product list can be divided into the following categories:
Seating: This includes the design, production and sale of seating furniture such as 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: These include kitchens and cabinetry products in a variety of materials, finishes, and styles. These include kitchens, wardrobes, laundry / utility cupboards, bar cabinets, shoe racks, prayer cupboards, and bedside tables.
Mattresses and beds: This includes the design, manufacture, and sale of a range of bed frames, mattresses, pillows and accessories.
Automotive and other: This includes the design and manufacture of shoes that can be customized to customer specifications and are available in a range of sizes, including half sizes shoes. The company also offers leather seat covers for car brands. While the company manufactures all of its own products, ancillary products such as lighting and switches are generally imported and sold under private labels. The company also sells carpets that are sourced locally from other manufacturers and sold under private labels.

As of June 30,2023, the Company operated 34 company-owned and company-operated or COCO stores, all located in the major metropolitan cities of Bengaluru, Chennai, New Delhi, Mumbai and Hyderabad, and 21 franchisee-owned and franchisee-operated or FOFO stores in 22 cities across nine Indian states and Union Territories.

The Company's product development department is spread over approximately 15,000 square feet at its manufacturing city in Bengaluru, Karnataka and as of June 30,2023, the Company employed two Italian foremen and 84 product design and development personnel.

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Stanley Lifestyles Limited IPO Subscription Details

As onQIBNII
bNII  sNII
RetailTotal
Shares Offered / Reserved2,910,702
2,183,026

1,455,351    727,676
5,093,72810,187,456
Day 1 -21-06-24 05:00 PM
0.30 x
2.01

1.62 x   2.81 x
1.81 x1.44 x
Day 2 -24-06-24 05:00 PM
0.74 x
8.86

7.26 x   12.05 x
6.11 x5.22 x
Day 3 -25-06-24 05:00 PM
222.10 x
118.13

134.18 x   86.03 x
17.63 x95.88 x
Total No. of Applications:20,55,521 (Approx)

Company Contact Details

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/

Registrar Contact Details

Kfin Technologies Limited

Phone: 04067162222, 04079611000

Email: sll.ipo@kfintech.com

Website: https://kosmic.kfintech.com/ipostatus/

Frequently Asked Questions about Stanley Lifestyles Limited IPO

When will Stanley Lifestyles Limited IPO open for subscription?

The Stanley Lifestyles Limited IPO opens on 21 Jun, 2024 and closes on 25 Jun, 2024.

What is the investors portion for Stanley Lifestyles Limited IPO?

The investors' portion for QIB is 222.10 x, NII is 134.18 x, and Retail is 17.63 x.

How to apply for Stanley Lifestyles Limited IPO?

You can apply for Stanley Lifestyles Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.

What is the issue size of Stanley Lifestyles Limited IPO?

The issue size of Stanley Lifestyles Limited IPO is approx ₹Total ₹537.02 Cr :#Fresh Issue : 5,420,054 shares(aggregating up to ₹200.00 Cr) +#OFS : 9,133,454 shares of ₹2(aggregating up to ₹337.02 Cr) crores.

What is the price band of Stanley Lifestyles Limited IPO?

The price band for Stanley Lifestyles Limited IPO is ₹351 to ₹369 per equity share.

What is the lot size of Stanley Lifestyles Limited IPO?

The minimum bid (lot size) for Stanley Lifestyles Limited IPO is N/A shares with an investment of approx ₹14,760 .

What is the allotment date of Stanley Lifestyles Limited IPO?

The allotment date for Stanley Lifestyles Limited IPO is 26 Jun, 2024.

What is the listing date of Stanley Lifestyles Limited IPO?

The listing date for Stanley Lifestyles Limited IPO is expected to be 28 Jun, 2024.

What is the GMP of Stanley Lifestyles Limited IPO?

The latest Grey Market Premium (GMP) for Stanley Lifestyles Limited IPO is being updated regularly on IPOROCK.

PD

Parth D.

Founder & Lead Analyst

Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.

Stanley Lifestyles Limited IPO Date, Review, Price, Allotment Details, GMP | IPOROCK