Stanley Lifestyles IPO Details ( Stanley Lifestyles Limited IPO Review )
(21 June 2024 – 25 June 2024)
Founded in 2007, Stanley Lifestyles Limited specializes in designing and manufacturing luxury furniture under the brand “Stanley.”
Product Categories
- Seating: Sofas, sofa beds, recliners, dining chairs, poufs, bar stools, and cushions.
- Cased Goods: Wooden coffee tables, dining tables, end tables, and consoles.
- Kitchens and Cabinets: Kitchens, wardrobes, utility cupboards, bar cabinets, shoe racks, prayer cupboards, and bedside tables.
- Mattresses and Beds: Bed frames, mattresses, pillows, and accessories.
- Automotive and Others: Customizable shoes, leather seat covers for cars, imported lighting and switches, and locally sourced carpets.
Store Locations
As of December 31, 2023, Stanley Lifestyles operated:
- 38 company-owned stores in major cities like Bengaluru, Chennai, New Delhi, Mumbai, and Hyderabad.
- 24 franchise-owned stores across 21 cities in 11 Indian states and Union Territories.
Facilities and Workforce
The company’s product development department occupies about 15,000 square feet at its manufacturing hub in Bengaluru, Karnataka. By the end of 2023, Stanley Lifestyles employed 778 people.
Stanley Lifestyles Limited IPO Competitive Strength
- Largest and the fastest growing brand in the luxury/super-premium furniture segment;
- Comprehensive home solutions provider with offerings across categories and price points;
- Pan-India presence with strategically located stores;
- Focus on design-led product innovation;
- Vertically integrated manufacturer with skilled craftmanship capabilities;
- Efficient business model with track record of delivering financial growth; and
- Promoter-led company with experienced professional and senior management team.
Stanley Lifestyles IPO Financials Performance ( Results )
Stanley Lifestyles Limited Financial Information (Restated Consolidated)
All Amount in ₹ Crores
| Period Ended | Total Assets | Total Revenue | PAT | Net Worth | Reserves | Borrowing |
| 31-Mar-21 | 346.52 | 201.71 | 1.92 | 182.93 | 174.96 | 0.25 |
| 31-Mar-22 | 422.15 | 297.76 | 23.22 | 199.76 | 191.31 | 6.09 |
| 31-Mar-23 | 458.19 | 425.62 | 34.98 | 216.50 | 207.88 | 9.37 |
| 31-Dec-23 | 581.54 | 322.29 | 18.70 | 237.21 | 225.83 | 30.90 |
Objective of Stanley Lifestyles IPO 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; and
- General corporate purposes.
Stanley Lifestyles IPO Basic Details
| IPO Date | June 21, 2024 to June 25, 2024 |
| Listing Date | Friday, June 28, 2024 |
| Face Value | ₹2 per share |
| Price | ₹351 to ₹369 per share |
| Lot Size | 40 shares |
| Issue Size | 14,553,508 shares of ₹2 (aggregating up to ₹537.02 Cr) |
| Fresh Issue | 5,420,054 shares of ₹2 (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 | NSE, BSE |
| Share holding pre issue | 51,597,168 |
| Share holding post issue | 57,017,222 |
| Company Promoters | Sunil Suresh and Shubha Sunil |
Stanley Lifestyles IPO Reservation
| Anchor Investor Shares Offered | 30% of the Net Issue |
| QIB Shares Offered | 20% of the Net Issue |
| NII (HNI) Shares Offered | 15% of the Net Issue |
| Retail Shares Offered | 35% of the Net Issue |
| Total Shares Offered | 100% of the Net Issue |
Stanley Lifestyles IPO Timetable
Stanley Lifestyles IPO will open on June 21, 2024 and close on June 25, 2024. You can join Stanley Lifestyles IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 21 June 2024 (Friday) |
| Closing Date | 25 June 2024 (Tuesday) |
| Basis of Allotment | 26 June 2024 (Wednesday) |
| Initiation of Refunds | 27 June 2024 (Thursday) |
| Credit of Shares to Demat | 27 June 2024 (Thursday) |
| Listing Date | 28 June 2024 (Friday) |
| Deadline for UPI mandate confirmation | 5 PM on 25 June 2024 |
Stanley Lifestyles IPO Lot Size
For retail investors in Stanley Lifestyles IPO, 40 shares will come in 1 lot or the minimum investment will be ₹14,760. Retail-individual investors can apply for up to 13 lots or the maximum investment will be ₹191,880.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 40 | ₹14,760 |
| Retail (Max) | 13 | 520 | ₹191,880 |
| S-HNI (Min) | 14 | 560 | ₹206,640 |
| S-HNI (Max) | 67 | 2,680 | ₹988,920 |
| B-HNI (Min) | 68 | 2,720 | ₹1,003,680 |
Stanley Lifestyles IPO Promoter Holding
The company’s promoters include Sunil Suresh and Shubha Sunil.
| Pre Issue Share Holding | 67.36% |
| Post Issue Share Holding | 56.81% |
Stanley Lifestyles Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
| KPI | Values |
| Market Cap (₹ Cr.) | 2103.94 |
| Earning Per Share (EPS) | ₹6.37 per Equity Share |
| Net Asset Value (NAV) | ₹41.96 per Equity Share |
| P/E Ratio (P/E) (x) | 54.43 |
| Post P/E Ratio (P/E) (x) | 84.4 |
| Return on Net Worth (RoNW) (%) | 8.34 |
| Return on equity (ROE) (%) | 7.92 |
| Return on Capital Employed (ROCE) (%) | 8.63 |
| Debt/Equity Ratio | 0.86 |
| Price/Book Value Ratio | 8.03 |
Stanley Lifestyles IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| Today | ₹172 | – | – |
| 21 June 2024 | ₹172 | – | – |
Stanley Lifestyles IPO Detail Video:
link
Stanley Lifestyles IPO Subscription Status (Bidding Detail)
The Stanley Lifestyles IPO on June 25, 2024 at 7:02:07 PM was subscribed 97.16 times, with the retail category being subscribed 19.08 times, the NII (Non-Institutional Investor) category being subscribed 121.42 times, QIB (Qualified-Institutional Buyers) category being subscribed 215.62 times.
| Category | Subscription |
| QIB | 215.62x |
| NII | 121.42x |
| Retail | 19.08x |
| Total | 97.16x |
Stanley Lifestyles IPO Prospectus
| Stanley Lifestyles IPO DRHP | Download |
| Stanley Lifestyles IPO RHP | Download |
| Stanley Lifestyles IPO Anchor Investors Details PDF | Download |
Stanley Lifestyles IPO Rating
| Our Rating | 3.5/5.0 |
Stanley Lifestyles Company Contact Information
Stanley Lifestyles Limited
Registered and Corporate Office: SY No. 16/2 and 16/3 Part, Hosur Road, Veerasandra Village, Attibele Hobli, Anekal Taluk, Bengaluru 560 100, Karnataka, India
Telephone: + 91-80 6895 7200
Contact person: Akash Shetty, Company Secretary and Compliance Officer
E-mail: investors@stanleylifestyles.com
Website: www.stanleylifestyles.com
Corporate Identity Number: U19116KA2007PLC044090
The Promoters of Our Company Are Sunil Suresh and Shubha Sunil
Stanley Lifestyles IPO Registrar
KFin Technologies Limited
(formerly known as KFin Technologies Private Limited)
Registered and Corporate Office: Selenium, Tower B, Plot No.31-32 Gachibowli, Financial District
Nanakramguda, Serilingampally, Hyderabad 500 032, Telangana, India
Tel: +91 40 6716 2222
E-mail: sll.ipo@kfintech.com
Investor grievance e-mail: einward.ris@kfintech.com
Website: www.kfintech.com
Contact Person: M Murali Krishna
SEBI Registration No.: INR000000221
Stanley Lifestyles IPO Lead Manager
Axis Capital Limited
Registered Office: 1st Floor, Axis House C-2 Wadia International Centre Pandurang Budhkar Marg Worli, Mumbai, 400 025, Maharashtra, India
Tel: +91 22 4325 2183
E-mail: stanley.ipo@axiscap.in
Investor grievance e-mail: complaints@axiscap.in
Website: www.axiscapital.co.in
Contact Person: Pratik Pednekar
SEBI Registration No.: INM000012029
ICICI Securities Limited
Registered Office: ICICI Venture House Appasaheb Marathe Marg Prabhadevi, Mumbai 400 025, Maharashtra, India
Tel: +91 22 6807 7100
E-mail: stanley.ipo@icicisecurities.com
Investor grievance e-mail: customercare@icicisecurities.com
Website: www.icicisecurities.com
Contact Person: Namrata Ravasia
SEBI Registration No.: INM000011179
JM Financial Limited
Registered Office: 7th Floor, Cnergy Appasaheb Marathe Marg Prabhadevi, Mumbai 400 025, Maharashtra, India
Tel: +91 22 6630 3030
E-mail: stanleylifestyles.ipo@jmfl.com
Investor grievance e-mail: grievance.ibd@jmfl.com
Website: www.jmfl.com
Contact Person: Prachee Dhuri
SEBI Registration No.: INM000010361
SBI Capital Markets Limited
Registered Office: 1501, 15th Floor, A & B Wing Parinee Crescenzo G Block, Bandra Kurla Complex, Bandra (E), Mumbai 400 051, Maharashtra, India
Tel: +91 22 4006 9807
E-mail: stanley.ipo@sbicaps.com
Investor grievance e-mail: investor.relations@sbicaps.com
Website: www.sbicaps.com
Contact Person: Janardhan Wagle/Krithika Shetty
SEBI Registration No.: INM000003531
Stanley Lifestyles IPO FAQs
What is the lot size of Stanley Lifestyles IPO?
The total size of Stanley Lifestyles IPO is ₹537.02 crores out of which ₹200.00 crores is fresh issue and ₹337.02 crores is offer for sale (OFS).
When will Stanley Lifestyles IPO start?
Stanley Lifestyles IPO will open from 21 June 2024 and IPO will close on 25 June 2024.
What is the open date of Stanley Lifestyles IPO?
Stanley Lifestyles IPO will open date from 21 June 2024.
What is the last date ( close date ) of Stanley Lifestyles IPO?
Stanley Lifestyles IPO will close from 25 June 2024.
What is the price band of Stanley Lifestyles IPO?
Stanley Lifestyles IPO price band is ₹351 to ₹369. ( Upper Price Band: ₹369, Lower Price Band: ₹351 )
What is the minimum amount required to apply for Stanley Lifestyles IPO?
The minimum investment for retailers to apply for Stanley Lifestyles IPO is ₹14,760 and the maximum investment is ₹191,880.
What is going on gray market premium of Stanley Lifestyles IPO?
View gray market premium of Stanley Lifestyles IPO by Clicking Here
How much is the GMP of Stanley Lifestyles IPO?
Watch Stanley Lifestyles IPO GMP Today: Click Here
What is the allotment date of Stanley Lifestyles IPO?
The allotment date of Stanley Lifestyles IPO is 26 June 2024.
How to check allotment status in Stanley Lifestyles IPO?
To check the allotment status of Stanley Lifestyles IPO, first of all go to the registrar website by clicking here, select your bad Stanley Lifestyles IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of Stanley Lifestyles IPO?
The listing date of Stanley Lifestyles IPO is 28 June 2024.
How much will be the listing gain in Stanley Lifestyles IPO?
View listing gain of Stanley Lifestyles IPO by Clicking Here
How much time Stanley Lifestyles IPO is subscribed?
Total 97.16 times subscribed in Stanley Lifestyles IPO out of which 19.08 times subscription was done in retail quota, 121.42 times subscription in NII quota and 215.62 times subscription in QIB quota.
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