Stanley Lifestyles IPO Details: Stanley Lifestyles has set the date for its upcoming IPO, scheduled to commence on June 21 and conclude on June 25. The company aims to raise approximately ₹537.02 crores through this IPO, comprising a fresh issue of ₹200 crores and an offer for sale of up to 9,133,454 equity shares priced at ₹2 each. The IPO distribution plan allocates 35% to retail investors, 50% to Qualified Institutional Buyers (QIBs), and 15% to High Net Worth Individuals (HNIs).
Established as India’s leading super-premium and luxury furniture brand, Stanley Lifestyles commands a substantial market share of 5.61% in revenue as of Fiscal 2022, positioning it prominently in the domestic market. It stands out among the few homegrown consumer brands operating extensively in both manufacturing and retail within the super-premium and luxury segments (Source: RedSeer Report). Notably, the company ranks fourth in India’s home furniture segment by revenue for Fiscal 2022 (Source: RedSeer Report). Stanley Lifestyles was among the pioneers to venture into the super-premium and luxury furniture sector in India and continues to cater to various market segments with its diverse brand offerings (Source: RedSeer Report).
The company operates a comprehensive business model encompassing design, manufacturing, and nationwide retail through its chain of stores. According to the RedSeer Report, Stanley Lifestyles is one of India’s top four fully integrated super-premium and luxury furniture manufacturers, leveraging in-house manufacturing capabilities and an extensive retail network for product distribution. This integrated approach ensures end-to-end control over processes, from raw material procurement to final product sale, distinguishing them from domestic and international competitors.
Stanley Lifestyles emphasizes craftsmanship, employing skilled artisans proficient in techniques such as leatherwork, carpentry, metal crafting, and more. Their dedication to detail and blending of traditional craftsmanship with contemporary design is evident across their product lines, particularly under the “Stanley Level Next” and “Stanley Boutique” brands, which prominently feature handcrafted elements.
As the company prepares for its IPO, it continues to uphold its commitment to offering luxurious, bespoke furniture solutions that cater to the discerning tastes of its clientele, backed by a robust manufacturing and retail infrastructure that sets it apart in the industry.
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 Review (Apply or Not)
- May be apply
Stanley Lifestyles IPO Date & Price Band Details:
| IPO Open: | June 21, 2024 |
| IPO Close: | June 25, 2024 |
| IPO Size: | Approx ₹537.02 Crores, 14,553,508 Equity Share |
| Fresh Issue: | Approx ₹200 Crores, 5,420,054 Equity Share |
| Offer for Sale: | Approx ₹337.02 Crores, 9,133,454 Equity Share |
| Face Value: | ₹2 Per Equity Share |
| IPO Price Band: | ₹351 to ₹369 Per Share |
| IPO Listing on: | BSE & NSE |
| Retail Quota: | 35% |
| QIB Quota: | 50% |
| NII Quota: | 15% |
| Discount: | N/A |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Stanley Lifestyles IPO Lot Size:
The Stanley Lifestyles IPO sets the minimum market lot at 40 shares, requiring an application amount of ₹14,760. Retail investors have the opportunity to apply for up to 13 lots, totaling 520 shares or ₹191,880 in value.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 40 | ₹14,760 |
| Retail Maximum | 13 | 520 | ₹191,880 |
| S-HNI Minimum | 14 | 560 | ₹206,640 |
| B-HNI Minimum | 68 | 2720 | ₹1003,680 |
Stanley Lifestyles IPO Timeline:
The Stanley Lifestyles IPO is scheduled to open on June 21 and close on June 25. Allotment of shares for the IPO will be finalized on June 26, with the listing expected to occur on June 28.
| IPO Open Date: | June 21, 2024 |
| IPO Close Date: | June 25, 2024 |
| Basis of Allotment: | June 26, 2024 |
| Refunds: | June 27, 2024 |
| Credit to Demat Account: | June 27, 2024 |
| IPO Listing Date: | June 28, 2024 |
Stanley Lifestyles IPO GMP Today:
The last Grey Market Premium (GMP) for the Stanley IPO is ₹80, updated as of June 14th, 2024, at 07:31 PM. Given the price band of ₹369.00 for the IPO, the estimated listing price for Stanley IPO is calculated as follows:
Listing Price = Cap Price (upper band) + GMP Listing Price = ₹369.00 + ₹80.00 Listing Price = ₹449.00
Therefore, the expected listing price per share for Stanley IPO is ₹449.00.
To calculate the expected percentage gain/loss per share: Percentage Gain/Loss = (Listing Price – Cap Price) / Cap Price * 100 Percentage Gain/Loss = (₹449.00 – ₹369.00) / ₹369.00 * 100 Percentage Gain/Loss ≈ 21.68%
Thus, the estimated percentage gain per share for Stanley IPO upon listing is approximately 21.68%.
Stanley Lifestyles Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹201.71 | ₹195.49 | ₹1.92 |
| 2022 | ₹297.76 | ₹265.82 | ₹23.22 |
| 2023 | ₹425.62 | ₹379.22 | ₹34.98 |
| Dec 2023 | ₹322.29 | ₹297.56 | ₹18.70 |
Stanley Lifestyles IPO Valuation – FY2023
Check Stanley Lifestyles IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹6.37 per Equity Share |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 15.18% |
| Net Asset Value (NAV): | ₹41.97 per Equity Share |
Peer Group
- NA
Company Promoters
- Sunil Suresh
- Shubha Sunil
Stanley Lifestyles IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: sll.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
Stanley Lifestyles IPO Allotment Status Check
Check Stanley Lifestyles IPO allotment status on Kfin Technologies website allotment URL. Click Here
Stanley Lifestyles IPO Lead Managers aka Merchant Bankers
- Axis Capital Limited
- ICICI Securities Limited
- Jm Financial Limited
- SBI Capital Markets Limited
Company Address
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/
Stanley Lifestyles IPO FAQs
1. What is Stanley Lifestyles IPO?
Stanley Lifestyles IPO refers to the Initial Public Offering (IPO) of shares issued by Stanley Lifestyles Limited, a prominent player in India’s super-premium and luxury furniture market. The IPO allows the company to raise funds from the public investors for various business purposes.
2. When will Stanley Lifestyles IPO open and close?
Stanley Lifestyles IPO is scheduled to open on June 21 and close on June 25, providing a specific window for investors to subscribe to the shares.
3. What is the price band for Stanley Lifestyles IPO?
The price band for Stanley Lifestyles IPO is set at ₹369.00 per share.
4. What is the minimum market lot for Stanley Lifestyles IPO?
The minimum market lot for Stanley Lifestyles IPO is 40 shares, requiring an application amount of ₹14,760.
5. How can I apply for Stanley Lifestyles IPO?
Investors can apply for Stanley Lifestyles IPO through their respective bank’s ASBA (Applications Supported by Blocked Amount) process or through online platforms provided by stockbrokers.
6. What are the retail investor limits for Stanley Lifestyles IPO?
Retail investors can apply for up to 13 lots, totaling 520 shares or an amount of ₹191,880.
7. When will the allotment of shares for Stanley Lifestyles IPO be finalized?
The allotment of shares for Stanley Lifestyles IPO will be finalized on June 26, following the closure of the IPO.
8. When is the listing date for Stanley Lifestyles IPO?
Stanley Lifestyles IPO is expected to be listed on the stock exchanges on June 28, allowing the newly issued shares to be traded publicly.
9. What is the Grey Market Premium (GMP) for Stanley Lifestyles IPO?
As of June 14th, 2024, the last reported Grey Market Premium (GMP) for Stanley Lifestyles IPO was ₹80. GMP indicates the premium at which IPO shares are being traded in the unofficial market before listing.
10. What are the objectives of Stanley Lifestyles IPO?
Stanley Lifestyles intends to utilize the proceeds from the IPO for various purposes, including expansion of manufacturing facilities, debt repayment, marketing initiatives, and general corporate purposes.
