Stanley Lifestyles Limited IPO Date, Details, Allotment

Stanley Lifestyles Limited IPO Date, Details, Allotment

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

Akme Fintrade India IPO Details

Open DateJune 21, 2024
Close DateJune 25, 2024
Listing DateJune 26, 2024
IPO SizeAggregating up to ₹537.01 Cr through 14.5 Cr. Share.
Fresh Issue0.54 Cr. Shares (Aggregating up to ₹200.00 Cr.)
Face Value₹10 per share
IPO Price Band₹351 to ₹369 per share
IPO Listing onBSE, NSE
Lot Size40 Shares
OFSAggregating up to ₹337.01 through 0.91 Cr. Share.
Share Offered to Retail35%
Share Offered to QBI50%
Share Offered to HNI15%

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

ApplicationLotsSharesAmount
Retail (Min)140₹14,760
Retail (Max)13520₹191,880
S-HNI (Min)14560₹206,640
S-HNI (Max)672,680₹988,920
B-HNI (Min)682,720₹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.

  1. Go to the Link given above.
  2. Select the IPO Name
  3. Enter your PAN/ DP ID/ Application No
  4. 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

  1. 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”.
  2. Capital Expenditure:
    • Meeting the machinery and equipment purchase requirements of Stanley Lifestyles Limited and its Material Subsidiary, Stanley OEM Sofas Limited.
  3. 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 EndedAssets (₹ Cr)Revenue (₹ Cr)Profit After Tax (₹ Cr)Net Worth (₹ Cr)Reserves and Surplus (₹ Cr)Total Borrowing (₹ Cr)
31 Dec 2023581.54322.2918.70237.21225.8330.90
31 Mar 2023458.19425.6234.98216.50207.889.37
31 Mar 2022422.15297.7623.22199.76191.316.09
31 Mar 2021346.52201.711.92182.93174.960.25

Stanley Lifestyles Limited KPI

ParticularsNine 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 days18
Inventory days251
Trade Payable days83
Cash Conversion Cycle185
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.

    What are the categories and their respective share allocations for Stanley Lifestyles IPO?

    Retail investors: 35%
    QIBs (Qualified Institutional Buyers): 50%
    HNIs (High Net-worth Individuals): 15%

    Rate this post

    Leave a Comment

    Your email address will not be published. Required fields are marked *

    Latest Post

    Advertisement

    Zerodha Ads
    Fyers
    Scroll to Top