Stanley Lifestyles IPO GMP Today, Stanley Lifestyles IPO Grey Market Premium Updates | Stanley Lifestyles IPO, Latest target, Opening gain
Founded in 2007, Stanley Lifestyles Limited designs and manufactures super-premium, luxury and ultra-luxury furniture and sells it through its brand “Stanley”.
- 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.
- Mattresses and beds: This includes the design, manufacture, and sale of a range of bed frames, mattresses, pillows and accessories.
- 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 | |
| UPCOMING IPO 2024 | Best sites for stock market |
| Best Stock Trading Apps 2024 | Best book for stock market beginners |
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:
- 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 ALLOTMENT STATUS
How to Apply for Stanley Lifestyles IPO?
If you’re a new investor Open a DEMAT Account for free with Angel One and build wealth with the best stock choices. Join a 1 million+ family of happy customers.
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.
PARENT COMPANY FOR SHAREHOLDER QUOTA
IPO ALLOTMENT TIPS & TRICKS
Frequently Asked Questions
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.
The Stanley Lifestyles IPO opens on June 21, 2024 and closes on June 25, 2024.
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.
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.
The Stanley Lifestyles IPO listing date is not yet announced. The tentative date of Stanley Lifestyles IPO listing is June 28, 2024.
Stanley Lifestyles IPO lot size is 40 Shares and the minimum order quantity is 1 Shares.