| IPO Listing At | BSE, NSE |
| IPO Issue Type | Book Build Issue |
| Issue Size | ₹537.02 Cr |
| Fresh Issue | ₹200.00 Cr |
| Offer for Sale | ₹337.02 Cr |
| Face Value | โน2 Per Equity Share |
| Price Band | โน351.00-369.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 544202 |
| NSE Code | STANLEY |
| Registrar | Kfin Technologies Ltd. |
| Lead Managers | ICICI Securities Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 40 shares and in multiples thereof
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:
As of December 31, 2023, the Company operated 38 "company-owned and company-operated" or "COCO" stores, all located in the major metropolitan cities of Bengaluru, Chennai, New Delhi, Mumbai, and Hyderabad, and 24 "franchisee-owned and franchisee-operated" or "FOFO" stores in 21 cities across 11 Indian states and Union Territories.
The Company's product development department is spread over approximately 15,000 square feet at its manufacturing city in Bengaluru, Karnataka and as of December 31, 2023, the company had 778 employees.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Opening of New Stores by Subsidiaries | 90.13 |
| 2 | Opening the Anchor Stores by such Subsidiaries | 39.99 |
| 3 | Renovation of the Existing Stores by such Subsidiaries | 10.04 |
| 4 | Funding the capital expenditure requirements for purchase of new machinery and equipment by our Company and our Material Subsidiary, Stanley OEM Sofas Limited | 6.66 |
| 5 | General corporate purposes | 34.27 |
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 581.54 | 458.19 | 422.15 | 346.52 |
| Total Income | 322.29 | 425.62 | 297.76 | 201.71 |
| Profit After Tax | 18.70 | 34.98 | 23.22 | 1.92 |
| NET Worth | 237.21 | 216.50 | 199.76 | 182.93 |
| Reserves and Surplus | 225.83 | 207.88 | 191.31 | 174.96 |
| Total Borrowing | 30.90 | 9.37 | 6.09 | 0.25 |
| Amount in ₹ Crore | ||||
| KPI | Dec 31, 2023 |
|---|---|
| ROE | 7.92% |
| ROCE | 8.63% |
| Debt / Equity | 0.86% |
| RoNW | 8.34% |
| PAT Margin | 5.97% |
| Price to Book Value | 8.03 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 6.78 | 4.37 |
| P/E (x) | 54.43 | 84.4 |
| Promoter Holding | 67.28% | 56.81% |
| Market Cap | โน2103.94 Cr. | |