Stanley Lifestyles IPO Details
| IPO Size | 537.02 C |
| Price Range | ₹351 to ₹369 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | NSE and BSE |
| Minimum Quantity | 40 |
| Investment (cut-off price) | ₹14,760 |
| Pre IPO Promotor Holding | 67.28% |
| Post IPO Promotor Holding | 56.81% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Stanley Lifestyles IPO Timelines
21/06/2024
Start Date25/06/2024
End Date27/06/2024
Refund Initiation27/06/2024
Credit of Shares to Demat Ac28/06/2024
Listing DateStanley Lifestyles IPO Lot Size
| 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 | ₹10,03,680 |
Stanley Lifestyles IPO Subscription Status
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 222.10 x | 119.52 x | 19.21 x | -- | 96.98 x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹494.95 | ₹474.75 | ₹509.40 | ₹470.20 |
Stanley Lifestyles IPO Company Financials
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2021 | ₹201.71 | ₹195.49 | ₹1.92 |
| FY 2022 | ₹297.76 | ₹265.82 | ₹23.22 |
| FY 2023 | ₹425.62 | ₹379.22 | ₹34.98 |
| FY 2024 (9M) | ₹322.29 | ₹297.56 | ₹18.70 |
About Company
Stanley Lifestyles, which started its operations in 2007, is a luxury furniture brand in India. It is one of the few homegrown brands that operates at scale in both manufacturing and retail in the super-premium and luxury segments. The company sells its furniture products under the “Stanley” brand. Their products include seating furniture (sofas, sofa beds, recliners, dining chairs, poufs, bar stools, and cushions), cased goods (coffee tables, end tables), kitchens and cabinets, mattresses and beds, and automotive and others.
The company designs, manufactures, and retails its products through a network of company-owned and company-operated stores, as well as franchise-owned and franchise-operated stores, with a presence across India. Their integrated model allows them to control the entire process, from procuring raw materials and designing products to manufacturing, quality control, marketing, and final sales. The company operates two manufacturing facilities located at Electronic City, Bengaluru, Karnataka, and Bommasandra Jigani Link Road, Bengaluru, Karnataka.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2007 | FMCG | Sunil Suresh |
Know Before Investing
Stanley Lifestyles IPO Strengths
- It is the largest and fastest-growing brand in the luxury/super-premium furniture segment in India.
- It offers comprehensive home solutions providers with offerings across categories and price points
- The company has a Pan-India presence with strategically located stores
- It has a strong focus on design-led product innovation.
- It is a vertically integrated manufacturer with skilled craftsmanship capabilities.
- It has an efficient business model with a track record of delivering financial growth
- Experienced management team.
Stanley Lifestyles IPO Risks
- The company is dependent on revenue from stores based in southern regions of India.
- A major part of revenue comes from the sale of sofas and recliners.
- It is subject to risks associated with expansion into new geographic regions.
- It has reported negative cash flows in the past.
- High working capital requirements.
Swot Analysis for Stanley Lifestyles IPO
Strengths
Weaknesses
Opportunities
Threats
Contact Details of IXIGO
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/
Company Details
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: [email protected]
Website: https://www.lovestanley.com/
IPO Registar Details
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/
FAQs
The key objectives of Stanley Lifestyles Ltd IPO are:
- Investment in certain Subsidiaries for:
- Opening of new stores by such Subsidiaries under the formats of “Stanley Level Next”, “Stanley Boutique” and “Sofas & More by Stanley” (“New Stores”)
- Opening anchor stores (“Anchor Stores”) by such Subsidiaries; and
- Renovation of existing stores under the formats of “Stanley Level Next”, “Stanley Boutique” and “Sofas & More by Stanley” (“Existing Stores”) by such Subsidiaries;
- Funding the capital expenditure requirements for purchase of new machinery and equipment by our Company and our Material Subsidiary, Stanley OEM Sofas Limited.
JM Financial Ltd, SBI Capital Markets Ltd, Axis Capital Ltd and ICICI Securities Ltd are the book-running lead managers for the Stanley Lifestyles IPO.