Stanley Lifestyles Ltd

Stanley Lifestyles Ltd IPO

Stanley Lifestyles Ltd IPO Price Range is ₹351 - 369, with a minimum investment of ₹14,760 for 40 shares.

₹14,760

/ 40 shares

Minimum Investment

View Stanley Lifestyles Ltd IPO details including price range, minimum investment, lot size, financials, and IPO timeline. Get subscription updates, peer comparison, and key insights to help you make an informed decision.

IPO Status

Closed

Price Band

₹351 - 369

Open Date

2024-06-21

Close Date

2024-06-25

IPO Size

₹537.02 Cr

Lot Size

40 shares

Min Investment

₹14,760

Listing Exchange

NSE

Stanley Lifestyles Ltd IPO Application Timeline

passed
Open Date21 Jun 2024
passed
Close Date25 Jun 2024
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Allotment Date26 Jun 2024
passed
Listing Date28 Jun 2024

IPO Subscription Status

IPO subscribed over

🚀 5.22x

This IPO has been subscribed by 6.11x in the retail category and 0.74x in the QIB category.

Subscription Rate

Total Subscription5.22x
Retail Individual Investors6.11x
Qualified Institutional Buyers0.74x
Non Institutional Investors8.86x
NameStanley Lifestyles Ltdx

Strengths and Risks

Strengths

Strengths

  • Largest and the fastest growing brand in the luxury/super-premium furniture segment.

  • Comprehensive home furniture provider with offerings across categories and price points.

  • Pan-India presence with strategically located stores.

  • Focus on design-led product innovation.

  • Vertically integrated manufacturer with skilled craftmanship capabilities.

  • Efficient business model with track record of delivering financial growth.

  • Promoter-led company with experienced professional and senior management team.


Risks

Risks

  • The company does not own the brand name Stanley which is registered in the name of one of its Promoters, Sunil Suresh. While the company has entered into the Assignment Deeds with Sunil Suresh, however, the trademarks are yet to be registered in its name. Further, one of its Promoters, Sunil Suresh has entered into a co-existence agreement with Stanley Furniture Company, Inc to limit and restrict the use of the term Stanley as a trademark in a composite manner in respect of products. In the event that the intellectual property rights to be assigned to it pursuant to the Assignment Deeds are not registered in its name in a timely manner or any breach or termination of the co-existence agreement occurs, it may adversely affect its business and financial condition.

  • Its business is highly dependent on the sale of sofas and recliners. Variations in demand and changes in consumer preference for its sofa and recliner products could have an adverse effect on its business, results of operations and financial condition.

  • The Company does not have any listed industry peers in India or abroad and it may be difficult to benchmark and evaluate its financial performance against other operators who operates in the same industry as the company.

  • The company generated a substantial portion of its sales from its stores located in southern regions of India and any adverse developments affecting its operations in these regions could have an adverse impact on its revenue and results of operations.

  • Any delay, interruption, or reduction in the supply of key raw materials such as leather and wood required to manufacture its products may adversely affect the companys business, results of operations, cash flows and financial condition.

  • The company depends on limited suppliers for the supply of leather, one of its primary raw materials. The loss of one or more such suppliers could adversely affect its business, results of operations, financial condition and cash flows.

  • If the company is unable to effectively manage or expand its retail network and operations or pursue its growth strategy, the companys new stores as well as its existing stores may not achieve the company expected level of profitability which may adversely affect its business prospects, financial condition and results of operations.

  • The company is reliant on the company owned company operated stores for a majority of its sales. Any disruptions to the operations of these channels or limitations on its ability to expand and grow these channels may adversely affect its sales, cash flow and profitability.

  • A portion of its revenue from operations is generated from certain of the company corporate customers. In the event such corporate customers does not continue to outsource manufacturing or avail its services, the company sales, cash flows and profitability may be adversely affected.

  • Its funding requirements and the proposed deployment of Net Proceeds are not appraised by any bank financial institution, or any other independent agency, and the company has not entered into definitive agreements in relation to the objects of its Offer, which may affect the companys business and results of operations. Further, the schedule of the implementation of the Objects for which funds are being raised in the Offer is spread between Fiscal 2025 to Fiscal 2027 and is therefore subject to risk of cost escalations and other unanticipated delays in implementation.

How to Apply for Stanley Lifestyles Ltd IPO on INDmoney

1

Download the INDmoney app and complete your KYC to open an account.

2

Go to the INDstocks section and tap on IPO, or search for ‘IPO’.

3

Select Stanley Lifestyles Ltd IPO from the list of live IPOs.

4

View key details like price band, lot size, and dates, then tap ‘Apply Now’.

5

Choose the number of lots and place your order via UPI.

6

Your funds will be blocked until the share allotment is finalized.

About Stanley Lifestyles Ltd

Stanley Lifestyles Limited is a super-premium and luxury furniture brand in India and among the few home-grown super-premium and luxury consumer brands in India operating at scale in terms of manufacturing as well as retail operations. The Company retails its furniture products under the Stanley brand with wide range of home solutions offerings, such as sofas, arm chairs, kitchen cabinets, beds, mattresses and pillows, amongst others.

Frequently Asked Questions of Stanley Lifestyles Ltd IPO

What is the size of the Stanley Lifestyles Ltd IPO?

The size of the Stanley Lifestyles Ltd IPO is ₹537.02 Cr.

What is the allotment date of the Stanley Lifestyles Ltd IPO?

Stanley Lifestyles Ltd IPO allotment date is Jun 26, 2024 (tentative).

What are the open and close dates of the Stanley Lifestyles Ltd IPO?

The Stanley Lifestyles Ltd IPO will open on Jun 21, 2024 and close on Jun 25, 2024

What is the lot size of Stanley Lifestyles Ltd IPO?

The lot size for the Stanley Lifestyles Ltd IPO is 40.

When will my Stanley Lifestyles Ltd IPO order be placed?

Your Stanley Lifestyles Ltd IPO order will be placed on Jun 21, 2024

Can we invest in Stanley Lifestyles Ltd IPO?

Yes, once Stanley Lifestyles Ltd IPO opens, you can invest in the shares of the company.

What would be the listing gains on the Stanley Lifestyles Ltd IPO?

The potential listing gains on the Stanley Lifestyles Ltd IPO will depend on various market factors and cannot be predicted with certainty.

What is 'pre-apply' for Stanley Lifestyles Ltd IPO?

'Pre-apply' for Stanley Lifestyles Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.