
Stanley Lifestyles Limited IPO
Stanley Lifestyles is India’s largest super-premium and luxury furniture brand with a market share of 5.61% in terms of revenue in Fiscal 2022. They are also among the few home-grown super-premium and luxury consumer brands in India operating at scale in terms of manufacturing as well as retail operations. Further, they are the fourth largest player in the home furniture segment in India in terms of revenue in Fiscal 2022. They have the distinction of being among the first few Indian companies to venture into the super-premium and luxury furniture segment. Stanley Lifestyles IPO is a book-built issue of Rs 537.02 crores. The issue is a combination of a fresh issue of 0.54 crore shares aggregating to Rs 200.00 crores and an offer for sale of 0.91 crore shares aggregating to Rs 337.02 crores.
Stanley Lifestyles IPO opens for subscription on June 21, 2024 and closes on June 25, 2024. The allotment for the Stanley Lifestyles IPO is expected to be finalized on Wednesday, June 26, 2024. Stanley Lifestyles IPO price band is set at ₹351 to ₹369 per share. The minimum lot size for an application is 40 Shares. Axis Capital Limited, ICICI Securities Limited, Jm Financial Limited and SBI Capital Markets Limited are the book-running lead managers of the Stanley Lifestyles IPO, while Kfin Technologies Limited is the registrar for the issue.

WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
Stanley Lifestyles Limited IPO
GMP Date | IPO Price | GMP | Last Updated |
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- | - | - | - |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
Stanley Lifestyles Limited IPO Details
Detail | Description |
---|---|
IPO Date | June 21, 2024 to June 25, 2024 |
Listing Date | - |
Face Value | ₹2 per share |
Price Band | ₹351 to ₹369 per share |
Lot Size | 40 Shares |
Total Issue Size | 14,553,508 shares (aggregating up to ₹537.02 Cr) |
Fresh Issue | 5,420,054 shares (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 | BSE, NSE |
Share holding pre issue | 51,597,168 |
Share holding post issue | 57,017,222 |
Stanley Lifestyles Limited IPO Timeline
Detail | Description |
---|---|
IPO Open Date | Friday, June 21, 2024 |
IPO Close Date | Tuesday, June 25, 2024 |
Basis of Allotment | Wednesday, June 26, 2024 |
Initiation of Refunds | Thursday, June 27, 2024 |
Credit of Shares to Demat | Thursday, June 27, 2024 |
Listing Date | Friday, June 28, 2024 |
Cut-off time for UPI mandate confirmation | 5 PM on June 25, 2024 |
Stanley Lifestyles Limited IPO Lot Size
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 Limited IPO Promoter Holding
Share Holding Pre Issue | Share Holding Post Issue |
---|---|
Share Holding Pre Issue | 67.36% |
Share Holding Post Issue | - |
Competitive Strength:
- -
Stanley Lifestyles Limited IPO Financial Information
Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Total Borrowing | |||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
31 Dec 2023 | 581.54 | 322.29 | 18.70 | 237.21 | 30.90 | |||||||||||||||||||||||||||||||||||
31 Mar 2023 | 458.19 | 425.62 | 34.98 | 216.50 | 9.37 | |||||||||||||||||||||||||||||||||||
31 Mar 2022 | 422.15 | 297.76 | 23.22 | 199.76 | 6.09 | |||||||||||||||||||||||||||||||||||
31 Mar 2021 | 346.52 | 201.71 | 1.92 | 182.93 | 0.25 | |||||||||||||||||||||||||||||||||||
Amount in ₹ Crore |
Key Performance Indicator
KPI | Values |
---|---|
ROE | 7.92% |
ROCE | 8.63% |
Debt/Equity | 0.86 |
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 |
Objectives of Stanley Lifestyles IPO
The company proposes to utilize the Net Proceeds towards the funding of the following objectives:
- 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.
- 5. General corporate purposes.
Stanley Lifestyles IPO Review
The company is one of the leading players in premium – luxury furniture. It marked steady growth in its top and bottom lines between FY21 and FY23. Based on FY24 annualized earnings, the issue appears aggressively priced. Well-informed/cash surplus investors may park moderate funds for the long term.
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Frequently asked Questions (FAQs )
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What is Stanley Lifestyles IPO?
Stanley Lifestyles IPO is a main-board IPO. They are going to raise ₹537.02 Crores via IPO. The issue is priced at ₹351 to ₹369 per equity share. The IPO is to be listed on BSE & NSE.
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When will Stanley Lifestyles IPO?
The IPO is to open on June 21, 2024 for QIB, NII, and Retail Investors.
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What is Stanley Lifestyles IPO Investors Portion?
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
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What is Stanley Lifestyles IPO Size?
Stanley Lifestyles IPO size is ₹537.02 crores.
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What is Stanley Lifestyles IPO Price Band?
Stanley Lifestyles IPO Price Band is ₹351 to ₹369.