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Stanley Lifestyles IPO IPO

Mainline21 Jun 202425 Jun 2024
Open
21 Jun 2024
Close
25 Jun 2024
3
Allotment
Listing
Fri, Jun 28, 2024
Price Band
₹351 to ₹369
Issue Size
1,45,53,508 shares (agg. up to ₹537 Cr)
Lot Size
40 Shares
Listing Date
Fri, Jun 28, 2024
Latest GMP
₹173
Est. Gain
46.88%
✦ AI Insight

GMP Trend

28-06-2024173Est. ₹542+46.88%
27-06-2024173Est. ₹542+46.88%
26-06-2024170Est. ₹539+46.07%

Live Subscription

CategorySubscription (times)
Total68.33x

Restated Financials (₹ Cr.)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets581.54458.19422.15346.52
Total Income322.29425.62297.76201.71
Profit After Tax18.7034.9823.221.92
NET Worth237.21216.50199.76182.93
Reserves and Surplus225.83207.88191.31174.96
Total Borrowing30.909.376.090.25
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
Durlax Top Surface Ltd.SME₹40.80 Cr₹6816.73₹103.55+52.28%₹48.00 (+0.21%)
Magenta Lifecare Ltd.SME₹7.00 Cr₹3569.43₹47.25+35.00%₹9.75 (+3.72%)
Naman In-Store (India) Ltd.SME₹25.35 Cr₹8917.95₹118.75+33.43%₹43.85 (+1.98%)
Omfurn India Ltd.SME₹27.00 Cr₹7514.78₹76.60+2.13%₹56.00 (+2.75%)
Interiors & More Ltd.SME₹42.00 Cr₹22719.7₹283.50+24.89%₹171.00 (-3.36%)
Transteel Seating Technologies Ltd.SME₹49.98 Cr₹7010.29₹93.30+33.29%₹117.80 (-2.32%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Opening of New Stores by Subsidiaries90.13
2Opening the Anchor Stores by such Subsidiaries39.99
3Renovation of the Existing Stores by such Subsidiaries10.04
4Funding the capital expenditure requirements for purchase of new machinery and equipment by our Company and our Material Subsidiary, Stanley OEM Sofas Limited6.66
5General corporate purposes34.27

About Stanley Lifestyles IPO

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: Seating: This includes the design, production and sale of seating furniture such as sofas, sofa beds, recliners, dining chairs, poufs, bar stools, and cushions. Cased goods: These products have a solid casing, usually made of wood; they include coffee tables, dining tables, end tables, and consoles. 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. Mattresses and beds: This includes the design, manufacture, and sale of a range of bed frames, mattresses, pillows and accessories. Automotive and other: This includes the design and manufacture of shoes that can be customized to customer specifications and are available in a range of sizes, including half sizes shoes. The company also offers leather seat covers for car brands. While the company manufactures all of its

Contact Details

Stanley Lifestyles Ltd. AddressSY No.16/2 and 16/3 PartHosur Road, Veerasandra Village, Attibele HobliAnekal TalukBengaluru, Karnataka, 560100+ 91 80 6895 7200investors@stanleylifestyles.comVisit Website