Stanley Lifestyles IPO Date, Review, Price, Allotment Details

Stanley Lifestyles IPO GMP Today, Stanley Lifestyles IPO Grey Market Premium Updates | Stanley Lifestyles IPO, Latest target, Opening gain

Stanley Lifestyles IPO began on 21 June 2024. It will close on 25 June 2024. The Total IPO Size is ₹537.02 Crore Approx. The company set its IPO price is ₹351 to ₹369 per share Per Share. There are three basic categories in Stanley Lifestyles IPO Subscription:- 1) Qualified Institutional Buyers.  2) Non-Institutional Investors.  3) Retail.

Founded in 2007, Stanley Lifestyles Limited designs and manufactures super-premium, luxury and ultra-luxury furniture and sells it through its brand “Stanley”.

The Company’s product development department is spread over approximately 15,000 square feet at its manufacturing city in Bengaluru, Karnataka and as of December 31, 2023, the company had 778 employees.

The company’s product list can be divided into the following categories:
  1. Seating: This includes the design, production and sale of seating furniture such as sofas, sofa beds, recliners, dining chairs, poufs, bar stools, and cushions.
  2. Cased goods: These products have a solid casing, usually made of wood; they include coffee tables, dining tables, end tables, and consoles.
  3. Mattresses and beds: This includes the design, manufacture, and sale of a range of bed frames, mattresses, pillows and accessories.
  4. 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.

As of December 31, 2023, the Company operated 38 “company-owned and company-operated” or “COCO” stores, all located in the major metropolitan cities of Bengaluru, Chennai, New Delhi, Mumbai, and Hyderabad, and 24 “franchisee-owned and franchisee-operated” or “FOFO” stores in 21 cities across 11 Indian states and Union Territories.

Stanley Lifestyles IPO Details:

Issuer Stanley Lifestyles IPO
Issue Type Book Built Issue IPO
Issue Period Issue Opens: 21 June 2024
Issue Closes: 25 June 2024
Price Brand 351 to ₹369 per share
Issue Size ₹537.02 Cr
Face Value ₹2 per share
Market Lot 40 Shares
Retail (Max) 191,880
QIB 50%
HNI 15%
Retail Individual Bidders 35%
Listing at NSE & BSE
✔️ Apply With ANGEL Free DEMAT Account
Total Shares 14,553,508 shares

Stanley Lifestyles IPO GMP Rates day by day

Stanley Lifestyles IPO Market Lot:

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 Date, Allotment & Listing:

Stanley Lifestyles IPO Opening Date: JUNE 21, 2024
Stanley Lifestyles IPO Closing Date: JUNE 25, 2024
Basis of Allotment: JUNE 26, 2024
Initiation of Refunds: JUNE 27, 2024
Credit to Demat Account: JUNE 27, 2024
Listing Date: JUNE 28, 2024

Stanley Lifestyles Limited Financial Information (Restated Consolidated)

Stanley Lifestyles Limited’s revenue increased by 42.94% and profit after tax (PAT) rose by 50.64% between the financial year ending with March 31, 2023 and March 31, 2022.

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

Key Performance Indicator

The market capitalization of Stanley IPO is Rs 2103.94 Cr.

KPI as of December 31, 2023.

KPI Values
ROE 7.92%
ROCE 8.63%
RoNW 8.34%
P/BV 8.03
PAT Margin (%) 5.97
  Pre IPO Post IPO
EPS (Rs)  6.78 4.37
P/E (x)  54.43 84.4

Objects of the Issue (Stanley Lifestyles IPO Objectives)

The company proposes to utilize the Net Proceeds towards the funding of the following objects:

  1. Expenditure for opening new stores under the formats of “Stanley Level Next”, “Stanley Boutique” and “Sofas & More by Stanley” (“New Stores”);
  2. Expenditure for opening anchor stores (“Anchor Stores”);
  3. Expenditure for the renovation of existing stores under the formats of “Stanley Level Next”, “Stanley Boutique” and “Sofas & More by Stanley” (“Existing Stores”);
  4. Funding the capital expenditure requirements for purchasing new machinery and equipment by the company and Material Subsidiary, SOSL; and
  5. General corporate purposes.


How to Apply for Stanley Lifestyles IPO?

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How to Apply Stanley Lifestyles IPO through Zerodha?

Log in to the Console in the Zerodha Website or Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Stanley Lifestyles”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open a Demat Account with Zerodha.

How to Apply Stanley Lifestyles IPO through Upstox?

Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Stanley Lifestyles”. Click on the Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve – the mandate. Open a Demat Account with Upstox.

In case you have not been allotted or for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before the UPI mandate expiry date. Please reach out to your bank in case funds are not unblocked/released after the mandate expiry date.



Frequently Asked Questions

What is Stanley Lifestyles IPO?

Stanley Lifestyles IPO is a main-board initial public offering of 14,553,508 Equity shares of the face value of ₹2 aggregating up to ₹537.02 Crores. The issue price of the IPO is ₹351 to ₹369 Per Equity Share. The minimum order quantity is 40 Shares per application and the offer type is Book Built Issue. The IPO opens on June 21, 2024 and closes on June 25, 2024. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

When Stanley Lifestyles IPO will open?

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

How to apply for Stanley Lifestyles IPO?

You can apply in Stanley Lifestyles IPO online using either UPI or ASBA as payment method. Axis Capital Limited, ICICI Securities Limited, Jm Financial Limited and SBI Capital Markets Limited are the book running lead managers of the Stanley IPO, while Kfin Technologies Limited is the registrar for the issue.

When Stanley Lifestyles IPO allotment?

The finalization of Basis of Allotment for Stanley Lifestyles IPO will be done on June 26, 2024, and the allotted shares will be credited to your demat account by June 27, 2024. Check the Stanley Lifestyles IPO allotment status.

When is Stanley Lifestyles IPO listing date?

The Stanley Lifestyles IPO listing date is not yet announced. The tentative date of Stanley Lifestyles IPO listing is June 28, 2024.

What is the lot size of Stanley Lifestyles IPO?

Stanley Lifestyles IPO lot size is 40 Shares and the minimum order quantity is 1 Shares.