Stanley Lifestyles IPO GMP, Price, Date, Allotment

Last updated on June 29, 2024

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

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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

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Stanley Lifestyles Financial Performance

	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

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Stanley Lifestyles IPO Updates

• Stanley Lifestyles IPO Allotment Status
• Stanley Lifestyles RHP
• Stanley Lifestyles DRHP
• ASBA IPO Forms
• Live IPO Subscription Status

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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

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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

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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

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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

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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%)

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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: [email protected]
Website: www.icicisecurities.com

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Stanley Lifestyles Offer Registrar

KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel: 91 40 6716 2222
E-mail: [email protected]
Website: www.kfintech.com

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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: +91-80 6895 7200
Email: [email protected]
Website: www.stanleylifestyles.com

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Stanley Lifestyles IPO FAQs