Recently Viewed
Clear AllBidding Date
21-Jun-2024 to
25-Jun-2024
Issue Size
₹537.02 Cr
Price Band
₹351 to ₹369
Allotment date
26-Jun-2024
Listing date
28-Jun-2024
Lot size
40
No. of shares
1,45,53,508
Fresh issue/OFS
₹200 Cr/₹337.02 Cr
Stanley Lifestyles Ltd is a distinguished super-premium and luxury furniture brand in India, known for being one of the few home-grown brands in this segment operating at scale. Their journey began with providing car seat leather upholstery services for leading global automotive brands, and they subsequently transitioned to retailing luxury furniture in India. The Promoters leveraged their experience in luxury leather upholstery to open their first retail store in Bengaluru, Karnataka in 2011. The company operates under the well-recognized “Stanley” brand, retailing a wide range of luxury furniture products. Their offerings include sofas, armchairs, kitchen cabinets, beds, mattresses, and pillows, among others. They cater to various price points in the super-premium, luxury, and ultra-luxury segments through different brands. Their retail presence spans 38 company-owned and operated stores in major metro cities and 24 franchisee-owned and operated stores across 21 cities in 11 States and Union Territories in India.
Read our in-depth analysis of the Stanley Lifestyles Ltd IPO Here
Category
Status
QIBs
222.1x
NIIs
119x
Retail
18.6x
Others
--
Total
96.6x
The issue size of Stanley Lifestyles is ₹537.02 Cr.
Stanley Lifestyles falls into Household Durables industry.
The Stanley Lifestyles IPO will be listed on both NSE and BSE.
The open and close dates for the Stanley Lifestyles are 21-Jun-2024 & 25-Jun-2024.
The price band for the Stanley Lifestyles ipo is ₹351 to ₹369
The listing date of Stanley Lifestyles IPO is 28-Jun-2024.
The purpose of this IPO is to raise fresh capital as well as enable the existing shareholders to sell their stake.
Stanley Lifestyles total subscription ratio is 96.6X.
Key financial of the Stanley Lifestyles are:
| Stanley Lifestyles | FY-24 | FY-23 | FY-22 | FY-21 |
|---|---|---|---|---|
| Revenue (₹ Cr) | 432.5 | 419 | 292.2 | 195.8 |
| EBIT (₹ Cr) | 48.5 | 56 | 38.52 | 9.1 |
| Proft after Tax (₹ Cr) | 29.1 | 35 | 23.22 | 1.9 |
| Debt (₹ Cr) | 27.1 | 9.3 | 6.09 | 0.2 |
| Net Worth (₹ Cr) | 258.1 | 223.8 | 205.6 | 187.6 |
| RoE (%) | 11.27 | 15.64 | 11.29 | 1.01 |