Stanley Lifestyles Limited

Company Profile
Company Name Stanley Lifestyles Limited
Open Date 21-06-2024
Close Date 25-06-2024
Exchange BSE, NSE
Lot Size 40 Shares
Issue Price ₹351 to ₹369 per share
Issue Size 1,45,53,508 shares
Application Amount Min. Inv. - ₹14,760 (40 shares) Max. Inv. - ₹1,91,880 (520 shares)
Recommendation Apply

Founded in 2007, Stanley Lifestyles Limited was established as a partnership firm with its erstwhile name Stanley Seating. The company has its registered office in Bengaluru, Karnataka. The company is a super-premium and luxury furniture brand. They design, manufacture and retail products through their own network of ‘company-owned and company-operated’ and ‘franchisee-owned and franchisee-operated’ stores with a pan-India presence. They have three different store formats – “Stanley Level Next”, “Sofas & More by Stanley” and Stanley Boutique. The Company employs 778 people at various levels on
its payroll as of Dec 31, 2023.

(Read more on the review)

Financial Summary in Cr.

For the Period Ended Mar-21 Mar-22 Mar-23 Dec-23
Total Assets 346.52 422.15 458.19 581.54
Net Assets 182.93 199.76 216.50 237.21
Total Borrowings 0.25 6.09 9.37 30.90
Total Revenue 201.71 297.76 425.62 322.29
Profit After Tax 1.03 21.35 32.88 19.78

Tentative Timeline

Opening Date 21/06/2024
Closing Date 25-06-2024
Basis of Allotment 26-06-2024
Initiation of Refunds 27-06-2024
Credit of Shares to Demat 27-06-2024
Listing Date 28-06-2024

Objects of the Issue

Investment in certain Subsidiaries for opening up of stores.
Funding the capital expenditure requirements for purchase of new machinery and equipment by their Company and their Material Subsidiary, Stanley OEM Sofas Limited.
General Corporate Purposes.

Contact Information

Registered Office 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/

Registrar Details

Name Kfin Technologies Limited
Phone 04067162222, 04079611000
Email sll.ipo@kfintech.com
Website https://kosmic.kfintech.com/ipostatus/

IPO Reservation

Anchor Investor Shares Offered 4,366,051 (30.00%)
QIB Shares Offered 2,910,702 (20.00%)
NII (HNI) Shares Offered 2,183,026 (15.00%)
Retail Shares Offered 5,093,728 (35.00%)

Shareholding Pattern

Share Holding Pre Issue (Promoters) 67.36%
Share Holding Post Issue (Promoters) 56.81%

Contact Us to Enable Your Success!