Stanley Lifestyles IPO GMP, Price, Date, Allotment

0

Last updated on June 29, 2024

Stanley Lifestyles IPO GMP

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.

Stanley Lifestyles Ltd

Promoters of Stanley Lifestyles – Sunil Suresh, and Shubha Sunil


Stanley Lifestyles IPO Details

Stanley Lifestyles IPO Dates21 – 25 June 2024
Stanley Lifestyles IPO PriceINR 351 – 369 per share
Fresh issueINR 200 crore
Offer For Sale91,33,454 shares (INR 320.58 – 337.02 crore)
Total IPO sizeINR 520.28 – 537.02 crore
Minimum bid (lot size)40 shares (INR 14,760)
Face Value INR 2 per share
Retail Allocation35%
Listing OnBSE, NSE

Stanley Lifestyles Financial Performance

 FY 2021FY 2022FY 20239M FY 2024
Revenue195.78292.20419.00313.31
Expenses195.49265.82379.22297.57
Net income1.9223.2234.9818.70
Margin (%)0.987.958.356.28
Figures in INR Crores unless specified otherwise

Stanley Lifestyles IPO Updates


Stanley Lifestyles Valuations & Margins

FY 2021FY 2022FY 2023
(Pre Issue)
FY 2024
(Post-Issue)*
EPS0.374.506.784.37
PE Ratio51.78 – 54.4380.24 – 84.36
* Calculated on the basis of annualized Profits After Tax for FY 2024
FY 2021FY 2022FY 2023
RONW (%)0.5610.6915.18
NAV35.4538.7141.96
ROCE (%)5.5212.9016.63
EBITDA (%)15.2120.1919.74
Debt/Equity0.470.630.68
*Compiled by IPO Central from Prospectus

Stanley Lifestyles IPO GMP Today (Daily Trend)

DateDay-wise IPO GMPKostakSubject to Sauda
27 June 20241605,000
26 June 20241705,200
25 June 20241655,100
24 June 20241705,100
22 June 20241604,900
21 June 20241614,900
20 June 20241404,300
19 June 20241253,700
18 June 20241203,200
17 June 20241052,800
15 June 2024702,100

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

CategoryQIBNIIRetailTotal
Shares Offered28,25,77722,24,71951,91,0111,02,41,507
25 Jun 2024222.10118.6018.0996.21
24 Jun 20240.748.866.115.22
21 Jun 20240.302.011.811.44

Stanley Lifestyles IPO Dates & Listing Performance

Stanley Lifestyles IPO Opening Date21 June 2024
Stanley Lifestyles IPO Closing Date25 June 2024
Finalization of Basis of Allotment26 June 2024
Initiation of refunds27 June 2024
Transfer of shares to demat accounts27 June 2024
Stanley Lifestyles IPO Listing Date28 June 2024
Opening Price on NSEINR 494.95 per share (up 34.13%)
Closing Price on NSEINR 474.75 per share (up 28.66%)

Stanley Lifestyles IPO Reviews – Subscribe or Avoid?

Angel One –
Anand Rathi – Subscribe
Axis Capital –
Antique Stock Broking –
Arihant Capital – Subscribe
Ashika Research –
Asit C Mehta –
BP Wealth – Subscribe
Capital Market – Neutral
Canara Bank Securities – Subscribe
Choice Broking – Subscribe with caution
Dalal & Broacha –
Elite Wealth – Not rated
Indsec Securities – Subscribe
Geojit – Subscribe
GEPL Capital – Subscribe
Hem Securities –
ICICIdirect –
Investmentz –
Jainam Broking Subscribe for long term
DR Choksey –
SBI Securities – Not rated
Marwadi Financial – Subscribe
Systematix – Not rated
Nirmal Bang – Subscribe
Reliance Securities – Subscribe
SMIFS – Subscribe
Samco Securities – Subscribe for listing gains
Sushil Finance – Subscribe
Swastika Investmart – Subscribe
Ventura Securities – Subscribe


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


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


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


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.

LEAVE A REPLY

Please enter your comment!
Please enter your name here