Stanley Lifestyles IPO opens on Friday June 21, 2024 and closes on Tuseday June 25, 2024. The IPO will list on BSE, NSE with tentative listing date fixed as Friday, June 28, 2024.
Stanley Lifestyles IPO: The market capitalization of Stanley Lifestyles IPO is Rs 2103.94 Cr. Stanley Lifestyles Limited’s revenue increased by 42.94% and profit after tax (PAT) rose by 50.64% between the financial year ending with March 31, 2023 and March 31, 2022. Stanley Lifestyles IPO raises Rs 161.11 crore from anchor investors. Stanley Lifestyles IPO Anchor bid date is June 20, 2024.
About Stanley Lifestyles IPO
Stanley Lifestyles Limited Founded in 2007, The company designs and manufactures super-premium, luxury and ultra-luxury furniture and sells it through its brand “Stanley”.
Stanley Lifestyles IPO Details
| IPO Date | June 21, 2024 to June 25, 2024 |
| Face Value | Rs 2 per share |
| Price Band | Rs 351 to Rs 369 per share |
| Lot Size | 40 Shares |
| Total Issue Size | 14,553,508 shares (aggregating up to Rs 537.02 Cr) |
| Fresh Issue | 5,420,054 shares (aggregating up to Rs 200.00 Cr) |
| Offer for Sale | 9,133,454 shares of Rs 2 (aggregating up to Rs 337.02 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 51,597,168 |
| Share holding post issue | 57,017,222 |
Stanley Lifestyles IPO Price
Stanley Lifestyles IPO fixed price set at Rs 351 to Rs 369 per share.
Stanley Lifestyles IPO Subscription Status
Stanley Lifestyles IPO opens for subscription on June 21, 2024 and closes on June 25, 2024.
Stanley Lifestyles IPO GMP
Stanley Lifestyles IPO GMP is Rs 162, last updated Jun 21st 2024 06:03 AM. With the price band of 369.00, Stanley IPO’s estimated listing price is Rs 531 (cap price + today’s GMP).
Stanley Lifestyles IPO Allotment Status
Stanley Lifestyles IPO is expected to be finalized on Wednesday, June 26, 2024. The IPO will list on BSE, NSE with tentative listing date fixed as Friday, June 28, 2024.
Stanley Lifestyles IPO Lot Size
The minimum lot size for Stanley Lifestyles IPO is 40 Shares. The minimum amount of investment required by retail investors is Rs 14,760.
Stanley Lifestyles IPO Listing Date
| IPO Open Date | Friday, June 21, 2024 |
| IPO Close 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 |
Stanley Lifestyles IPO Promoter Holding
The promoters of the company are Sunil Suresh and Shubha Sunil.
Stanley Lifestyles IPO Review
Dilip Davda: The company is one of the leading player in premium – luxury furniture. It marked steady growth in its top and bottom lines between FY21 and FY23. Based on FY24 annualized earnings, the issue appears aggressively priced. Well-informed/cash surplus investors may park moderate funds for the long term.
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