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Stanley Lifestyles Limited IPO Date, Price, Review and Details

 

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Stanley Lifestyles Limited IPO

June 21, 2024 - June 25, 2024 Closed

Stanley Lifestyles Limited IPO

Stanley Lifestyles Limited IPO engaged in are one of the top high-end furniture brands in India, known for both their large-scale manufacturing and retail operations. According to the RedSeer Report, they are among the few luxuries home-grown brands in the country. Additionally, they rank as the fourth largest home furniture company in India based on revenue. They design, make, and sell their furniture through a nationwide network of stores, both owned and franchised. As one of the top four luxury furniture brands in India, they manage everything from production to retail, ensuring their products are available across the country.

Company Promoters

  •  Sunil Suresh
  •  Shubha Sunil

Objects of this Issue:

  • Expenditure for opening new stores under the formats of "Stanley Level Next", "Stanley Boutique" and "Sofas & More by Stanley.
  • 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.
  • Funding the capital expenditure requirements for purchasing new machinery and equipment by the company and Material Subsidiary.
  • General corporate purposes.

Financial Information of the Company:

 

Amount in Million (Rs.)

As on 31 Mar 2023

As on 31 Mar 2022

As on 31 Mar 2021

Total Assets

4,581.86

4,221.45

3,465.16

Total Liabilities

2,343.87

2,165.43

1,589.22

Net Profit

34.98

23.22

1.92

Stanley Lifestyles Limited IPO Schedule

1.     Bid or Offer Opens on: 21 June 2024
2.     Bid or Offer Closes on: 25 June 2024
3.     Finalization of BoA: 26 June 2024
4.     Initiation of Refunds: 27 June 2024
5.     Credit of share to Demat account: 27 June 2024
6.     Listing Date: 28 June 2024

Stanley Lifestyles Limited IPO Lot Size

The market lot size of the STANLEY LIFESTYLES LIMITED IPO is 1 share. Minimum and Maximum order quantity is as follows:

Application

Lots

Shares

Amount

Retail

Minimum

1

40

₹14,760

Maximum

13

520

₹191,880

S-HNI

Minimum

14

560

₹206,640

S-HNI

Maximum

67

2,680

₹988,920

B-HNI

Minimum

68

2,720

₹1,003,680

Company Contact Details:

Stanley Lifestyles Limited IPO

SY  No.  16/2  and  16/3  Part,  Hosur  Road, Veerasandra  Village, 

Attibele  Hobli,  Anekal Taluk, Bengaluru, Karnataka 560 100, India

Phone: + 91 80 6895 7200

Email: investors@stanleylifestyles.com

Website: www.stanleylifestyles.com

 

Stanley Lifestyles Limited IPO Registrar Details:

KFin Technologies Limited

Selenium, Tower B, Plot No.31-32Gachibowli,

Financial DistrictNanakramguda, Serilingampally

Hyderabad 500 032 Telangana, India

Phone:  +91 40 6716 2222

Email:  einward.ris@kfintech.com

Website:  www.kfintech.com


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