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Stanley Lifestyles Limited
Issue Size (Net)
up to Rs.200.00 Cr
Price Band
Rs.351 to Rs.369 per share
Issue Opens
June 21, 2024
Issue Closes
June 25, 2024

Company Highlights

1.Company Information


Founded in 2007, Stanley Lifestyles Limited designs and manufactures super-premium, luxury and ultra-luxury furniture and sells it through its brand "Stanley".
The company's product list can be divided into the following categories:
1.Seating: This includes the design, production and sale of seating furniture such as sofas, sofa beds, recliners, dining chairs, poufs, bar stools, and cushions.
2.Cased goods: These products have a solid casing, usually made of wood; they include coffee tables, dining tables, end tables, and consoles.
3.Kitchens and cabinets: These include kitchens and cabinetry products in a variety of materials, finishes, and styles. These include kitchens, wardrobes, laundry/utility cupboards, bar cabinets, shoe racks, prayer cupboards, and bedside tables.
4.Mattresses and beds: This includes the design, manufacture, and sale of a range of bed frames, mattresses, pillows and accessories

2. Objects of the Issue

The company intends to utilize the net proceeds from the issue towards the funding of the following objects:
1.Expenditure for opening new stores under the formats of "Stanley Level Next", "Stanley Boutique" and "Sofas & More by Stanley" ("New Stores");
2.Expenditure for opening anchor stores ("Anchor Stores");
3.Expenditure for the renovation of existing stores under the formats of "Stanley Level Next", "Stanley Boutique" and "Sofas & More by Stanley" ("Existing Stores");
4.Funding the capital expenditure requirements for purchasing new machinery and equipment by the company and Material Subsidiary, SOSL; and
5.General corporate purposes.

3.Stanley IPO Registrar
Kfin Technologies Limited

Phone:04067162222, 04079611000

Email: sll.ipo@kfintech.com

Website:Website:https://kosmic.kfintech.com/ipostatus/

Stanley Lifestyles Limited Financial Information (Restated Consolidated)

Period Ended
Total Assets
Total Revenue
Profit After Tax
Net Worth
Reserves and Surplus
Total Borrowing
31-Dec-23
581.54
322.29
18.7
237.21
225.83
30.9
31-Mar-23
458.19
425.62
34.98
216.5
207.88
9.37
31-Mar-22
422.15
297.76
23.22
199.76
191.31
6.09
31-Mar-21
346.52
201.71
1.92
182.93
174.96
0.25
Amount in ₹ Crore

Stanley IPO Details

Issue Opening Date
June 21, 2024
Issue Closing Date
June 25, 2024
Face Value
Rs.10 per share
Price
Rs.351 to Rs.369 per share
Lot Size
40 Shares
Issue Size
[.] shares(aggregating up to Rs.[.] Cr)
Fresh Issue
[.] shares(aggregating up to Rs.200.00 Cr)
Offer for Sale
9,133,454 shares of Rs.2(aggregating up to Rs.[.] Cr)
Issue Type
Book Built Issue IPO
Listing At
BSE, NSE

Stanley IPO Timeline (Tentative Schedule)

Event
Tentative Date
Opening Date
Friday, June 21, 2024
Closing Date
Tuesday, June 25, 2024
Basis of Allotment
Wednesday, June 26, 2024
Initiation of Refunds
Thursday, June 27, 2024
Credit of Shares to Demat
Thursday, June 27, 2024
Listing Date
Friday, June 28, 2024
Cut-off time for UPI mandate confirmation
5 PM on June 25, 2024

Prospectus

Prospectus File

RR Investors Capital Services Pvt. Ltd AMFI-registered Mutual Fund Distributor

ARN-0032 Validity 14-Mar-2027

Head Office - 4th floor, Indraprakash Building 21, Barakhamba Road, New Delhi – 110001

callLandline Number
+91 11-4444-1111

Customer Care
+91 9350316010

Security
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