Stanley Lifestyles IPO Description – Stanley Lifestyles stands as India’s foremost super-premium and luxury furniture brand, commanding a 5.61% market share in revenue for Fiscal 2022. Distinguished as one of the rare indigenous super-premium and luxury consumer brands in India, the company operates at a significant scale, encompassing both manufacturing and retail operations.
Stanley Lifestyles has evolved into a holistic provider of home solutions, standing out as the sole super-premium and luxury Indian brand offering an extensive array of home solutions. Their offerings include sofas, armchairs, kitchen cabinets, beds, mattresses, pillows, and more.
As of 30 June 2023, Stanley Lifestyles manages 34 ‘company-owned and company-operated’ (COCO) stores, strategically positioned in major metro cities such as Bengaluru, Chennai, New Delhi, Mumbai, and Hyderabad. Additionally, the brand oversees 21 ‘franchisee-owned and franchisee-operated’ (FOFO) stores spread across 22 cities within 9 States and Union Territories across India.
Promoters of Stanley Lifestyles – Sunil Suresh, and Shubha Sunil
Table of Contents
Stanley Lifestyles IPO Details
| Stanley Lifestyles IPO Dates | 21 – 25 June 2024 |
| Stanley Lifestyles IPO Price | INR 351 – 369 per share |
| Fresh issue | INR 200 crore |
| Offer For Sale | 91,33,454 shares (INR 320.58 – 337.02 crore) |
| Total IPO size | INR 520.28 – 537.02 crore |
| Minimum bid (lot size) | 40 shares (INR 14,760) |
| Face Value | INR 2 per share |
| Retail Allocation | 35% |
| Listing On | BSE, NSE |
Stanley Lifestyles Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023 | 9M FY 2024 |
| Revenue | 195.78 | 292.20 | 419.00 | 313.31 |
| Expenses | 195.49 | 265.82 | 379.22 | 297.57 |
| Net income | 1.92 | 23.22 | 34.98 | 18.70 |
| Margin (%) | 0.98 | 7.95 | 8.35 | 6.28 |
Stanley Lifestyles IPO Updates
- Stanley Lifestyles IPO Allotment Status
- Stanley Lifestyles RHP
- Stanley Lifestyles DRHP
- ASBA IPO Forms
- Live IPO Subscription Status
Stanley Lifestyles Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 (Pre Issue) | FY 2024 (Post-Issue)* | |
| EPS | 0.37 | 4.50 | 6.78 | 4.37 |
| PE Ratio | – | – | 51.78 – 54.43 | 80.24 – 84.36 |
| FY 2021 | FY 2022 | FY 2023 | |
| RONW (%) | 0.56 | 10.69 | 15.18 |
| NAV | 35.45 | 38.71 | 41.96 |
| ROCE (%) | 5.52 | 12.90 | 16.63 |
| EBITDA (%) | 15.21 | 20.19 | 19.74 |
| Debt/Equity | 0.47 | 0.63 | 0.68 |
Stanley Lifestyles IPO GMP Today (Daily Trend)
| Date | Day-wise IPO GMP | Kostak | Subject to Sauda |
| 27 June 2024 | 160 | – | 5,000 |
| 26 June 2024 | 170 | – | 5,200 |
| 25 June 2024 | 165 | – | 5,100 |
| 24 June 2024 | 170 | – | 5,100 |
| 22 June 2024 | 160 | – | 4,900 |
| 21 June 2024 | 161 | – | 4,900 |
| 20 June 2024 | 140 | – | 4,300 |
| 19 June 2024 | 125 | – | 3,700 |
| 18 June 2024 | 120 | – | 3,200 |
| 17 June 2024 | 105 | – | 2,800 |
| 15 June 2024 | 70 | – | 2,100 |
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) – INR 90.13 crore
- Expenditure for opening anchor stores (Anchor Stores) – INR 39.99 crore
- Expenditure for the renovation of existing stores under the formats of ‘Stanley Level Next’, ‘Stanley Boutique’, and ‘Sofas & More by Stanley’ (Existing Stores) – INR 10.04 crore
- Funding the capital expenditure requirements for the purchase of new machinery and equipment by the company and its Material Subsidiary, SOSL – INR 8.19 crore
- General corporate purposes
Stanley Lifestyles IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 28,25,777 | 22,24,719 | 51,91,011 | 1,02,41,507 |
| 25 Jun 2024 | 222.10 | 118.60 | 18.09 | 96.21 |
| 24 Jun 2024 | 0.74 | 8.86 | 6.11 | 5.22 |
| 21 Jun 2024 | 0.30 | 2.01 | 1.81 | 1.44 |
Stanley Lifestyles IPO Dates & Listing Performance
| Stanley Lifestyles IPO Opening Date | 21 June 2024 |
| Stanley Lifestyles IPO Closing Date | 25 June 2024 |
| Finalization of Basis of Allotment | 26 June 2024 |
| Initiation of refunds | 27 June 2024 |
| Transfer of shares to demat accounts | 27 June 2024 |
| Stanley Lifestyles IPO Listing Date | 28 June 2024 |
| Opening Price on NSE | INR 494.95 per share (up 34.13%) |
| Closing Price on NSE | INR 474.75 per share (up 28.66%) |
Stanley Lifestyles IPO Reviews – Subscribe or Avoid?
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Stanley Lifestyles Offer Lead Manager
ICICI SECURITIES LIMITED
ICICI Venture House, Appasaheb Marathe Marg
Prabhadevi, Mumbai 400 025, Maharashtra
Phone: +91 22 6807 7100
Email:Â [email protected]
Website:Â www.icicisecurities.com
Stanley Lifestyles Offer Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel:Â 91 40 6716 2222
E-mail:Â [email protected]
Website:Â www.kfintech.com
Stanley Lifestyles Contact Details
STANLEY LIFESTYLES LIMITED
SY No. 16/2 and 16/3 Part, Hosur Road,
Veerasandra Village, Attibele Hobli, Anekal Taluk,
Bengaluru 560 100, Karnataka, India
Phone:Â +91-80 6895 7200
Email:Â [email protected]
Website: www.stanleylifestyles.com
Stanley Lifestyles IPO FAQs
How many shares in Stanley Lifestyles IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.
How to apply in Stanley Lifestyles Public Offer?
The best way to apply in Stanley Lifestyles public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is Stanley Lifestyles IPO GMP today?
Stanley Lifestyles IPO GMP today is INR 160 per share.
What is Stanley Lifestyles kostak rate today?
Stanley Lifestyles kostak rate today is INR NA per application.
What is Stanley Lifestyles Subject to Sauda rate today?
Stanley Lifestyles Subject to Sauda rate today is INR 5,000 per application.
