Contents
- 1 Table of Contents
- 2 Akme Fintrade India IPO Details
- 3 Stanley Lifestyles Limited IPO Date
- 4 Lot Size Of the Stanley Lifestyles Limited IPO
- 5 Stanley Lifestyles Limited IPO GMP (Grey Market Premium)
- 6 Stanley Lifestyles Limited IPO Subscription Status
- 7 Stanley Lifestyles IPO Allotment Status
- 8 Know About Company
- 9 Objects of the Issue
- 10 Promoters Holding
- 11 Stanley Lifestyles Limited Financial Report
- 12 Stanley Lifestyles Limited KPI
- 13 Peer Group Of Stanley Lifestyles Limited
- 14 Stanley Lifestyles IPO Registrar
- 15 Stanley Lifestyles IPO Lead Manager
- 16 Stanley Lifestyles Limited Contact
- 17 Stanley Lifestyles IPO Prospectus
- 18 FAQs
Stanley Lifestyles Limited IPO: Stanley Lifestyles IPO is open for subscription on June 21, 2024 and closes on June 25, 2024. The allotment for the Akme Fintrade India IPO is expected on June 26, 2024. The IPO will list on BSE & NSE with a listing date fixed as June 28, 2024.
Stanley Lifestyles Limited IPO has a book-built issue of Rs 537.01 crores raised from issuing 0.54 crore new shares and OFS of 0.91 shares.
Source from Stanley Lifestyles IPO RHP
Table of Contents
Akme Fintrade India IPO Details
| Open Date | June 21, 2024 |
| Close Date | June 25, 2024 |
| Listing Date | June 26, 2024 |
| IPO Size | Aggregating up to ₹537.01 Cr through 14.5 Cr. Share. |
| Fresh Issue | 0.54 Cr. Shares (Aggregating up to ₹200.00 Cr.) |
| Face Value | ₹10 per share |
| IPO Price Band | ₹351 to ₹369 per share |
| IPO Listing on | BSE, NSE |
| Lot Size | 40 Shares |
| OFS | Aggregating up to ₹337.01 through 0.91 Cr. Share. |
| Share Offered to Retail | 35% |
| Share Offered to QBI | 50% |
| Share Offered to HNI | 15% |
Stanley Lifestyles Limited IPO Date
- IPO Open Date: June 21, 2024
- IPO Close Date: June 25, 2024
- Allotment: June 26, 2024
- Refunds: June 27, 2024
- Shares Credit to Demat: June 27, 2024
- Listing Date: June 28, 2024
Lot Size Of the Stanley Lifestyles Limited IPO
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 40 | ₹14,760 |
| Retail (Max) | 13 | 520 | ₹191,880 |
| S-HNI (Min) | 14 | 560 | ₹206,640 |
| S-HNI (Max) | 67 | 2,680 | ₹988,920 |
| B-HNI (Min) | 68 | 2,720 | ₹1,003,680 |
Stanley Lifestyles Limited IPO GMP (Grey Market Premium)
If you want to know Stanley Lifestyles Limited Mainboard IPO GMP (Grey Market Premium) then please visit our IPO GMP section and get daily updates on grey market premium. We update here all IPOs GMP.
Stanley Lifestyles Limited IPO Subscription Status
Stanley Lifestyles Limited’s IPO subscription starts on June 21, 2024, To get live IPO subscription status data to go our IPO Subscription section and see any ongoing IPO Subscription Status.
Stanley Lifestyles IPO Allotment Status
To check Stanley Lifestyles Limited’s IPO allotment status go to the IPO registrar website ”KFin Technologies Limited” or go to IPO Allotment>>.
You can find here any IPO allotment status. Following some stapes.
- Go to the Link given above.
- Select the IPO Name
- Enter your PAN/ DP ID/ Application No
- Submit details and get the allotment status.
Know About Company
Established in 2007, Stanley Lifestyles Limited specializes in crafting high-end luxury furniture under its brand “Stanley”.
The company offers a diverse range of products:
- Seating: Includes sofas, sofa beds, recliners, dining chairs, pouffes, bar stools, and cushions.
- Cased goods: Features coffee tables, dining tables, end tables, and consoles, primarily made from solid wood.
- Kitchens and cabinets: Offers a variety of kitchen and cabinetry solutions such as wardrobes, laundry/utility cupboards, bar cabinets, shoe racks, prayer cupboards, and bedside tables.
- Mattresses and beds: Designs and manufactures bed frames, mattresses, pillows, and related accessories.
- Automotive and other: Customizable shoes and leather seat covers for cars, alongside imported lighting and switches sold under private labels. The company also sells carpets from local manufacturers under private labels.
As of December 31, 2023, Stanley operates 38 company-owned stores and 24 franchisee-owned stores across major cities in India.
Objects of the Issue
- Investment in Subsidiaries:
- Funding the opening of new stores (“Stanley Level Next”, “Stanley Boutique”, “Sofas & More by Stanley”).
- Establishing anchor stores (“Anchor Stores”).
- Renovating existing stores under the formats of “Stanley Level Next”, “Stanley Boutique”, “Sofas & More by Stanley”.
- Capital Expenditure:
- Meeting the machinery and equipment purchase requirements of Stanley Lifestyles Limited and its Material Subsidiary, Stanley OEM Sofas Limited.
- General Corporate Purposes:
- Utilizing funds for ongoing operational needs and other corporate requirements.
Promoters Holding
- Sunil Suresh and Shubha Sunil are the promoters of the company.
- Share Holding Pre Issue 67.36%
Stanley Lifestyles Limited Financial Report
| Period Ended | Assets (₹ Cr) | Revenue (₹ Cr) | Profit After Tax (₹ Cr) | Net Worth (₹ Cr) | Reserves and Surplus (₹ Cr) | Total Borrowing (₹ Cr) |
|---|---|---|---|---|---|---|
| 31 Dec 2023 | 581.54 | 322.29 | 18.70 | 237.21 | 225.83 | 30.90 |
| 31 Mar 2023 | 458.19 | 425.62 | 34.98 | 216.50 | 207.88 | 9.37 |
| 31 Mar 2022 | 422.15 | 297.76 | 23.22 | 199.76 | 191.31 | 6.09 |
| 31 Mar 2021 | 346.52 | 201.71 | 1.92 | 182.93 | 174.96 | 0.25 |
Stanley Lifestyles Limited KPI
| Particulars | Nine months ended December 31, 2023# |
|---|---|
| Revenue from Operations (₹ Cr) | 3,133.11 |
| Revenue Growth (%) | -** |
| Profit for the year/period (₹ Cr) | 186.97 |
| PAT Growth (%) | -** |
| Trade Receivables days | 18 |
| Inventory days | 251 |
| Trade Payable days | 83 |
| Cash Conversion Cycle | 185 |
| Gross Profit (₹ Cr) | 1,659.05 |
| Gross Margin (%) | 52.95 |
| EBITDA (₹ Cr) | 577.65 |
| EBITDA Growth (%) | -** |
| EBITDA Margin (%) | 18.44 |
| PAT Margin (%) | 5.97 |
| Return on Equity (%) | 7.92 |
| Return on Capital Employed (%) | 8.63 |
Notes:
- ** indicates data not available or specified.
- All amounts are in crore rupees (₹ Cr).
- Gross Margin, EBITDA Margin, PAT Margin, Return on Equity, and Return on Capital Employed are presented as percentages.
Peer Group Of Stanley Lifestyles Limited
N/A
Stanley Lifestyles IPO Registrar
KFin Technologies Limited
(formerly known as KFin Technologies Private
Limited)
Selenium, Tower B, Plot No.31-32
Gachibowli, Financial District
Nanakramguda, Serilingampally
Hyderabad 500 032
Telangana, India
Tel: +91 40 6716 2222
E-mail: sll.ipo@kfintech.com
Investor grievance e-mail:
einward.ris@kfintech.com
Website: www.kfintech.com
Stanley Lifestyles IPO Lead Manager
- Axis Capital Limited
- ICICI Securities Limited
- Jm Financial Limited
- SBI Capital Markets Limited
Stanley Lifestyles Limited Contact
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: investors@stanleylifestyles.com
Website: https://www.lovestanley.com/
Stanley Lifestyles IPO Prospectus
Stanley Lifestyles Limited IPO Application Form PDF
To download the Stanley Lifestyles Limited IPO application form Check out the Application Form Download ASBA IPO Forms PDF.
FAQs
What is the IPO Open Date for Stanley Lifestyles Limited?
The IPO of Stanley Lifestyles Limited opens for subscription on June 21, 2024.
Retail investors: 35%
QIBs (Qualified Institutional Buyers): 50%
HNIs (High Net-worth Individuals): 15%
