Stanley Lifestyles Ltd.
Industry:
Household & Personal Products
Issue Details
Open Date
21 Jun 2024Close Date
25 Jun 2024Size (in Crs.)
377.912
Size (Shares)
-Listing On
BSE, NSE
Issue Terms
Price Range
-18Lot Size
40
Type
Book building
Face Value
2
Market Lot
1
Objective of the Issue
1. Expenditure for opening new stores under the formats of "Stanley Level Next", "Stanley Boutique" and "Sofas & More by Stanley" ("New Stores").2. Expenditure for opening anchor stores ("Anchor Stores").3. Expenditure for the renovation of existing stores under the formats of "Stanley Level Next", "Stanley Boutique" and "Sofas & More by Stanley" ("Existing Stores").4.Funding the capital expenditure requirements for purchasing new machinery and equipment by the company and Material Subsidiary, SOSL.5. General corporate purposes.
Description
We are 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. (Source: RedSeer Report) Further, we are the fourth largest player in the home furniture segment in India in terms of revenue in Fiscal 2023. (Source: RedSeer Report) We have the distinction of being among the first few Indian companies to venture into the super-premium and luxury furniture segment an... Show More
Address
Sy No. 16/2 And 16/3 Part , Hosur Road, Veerasandra Village , Attibele Hobli, Anekal Taluk
Bengaluru
560100
Promoter Holding
Promoters:
Shubha Sunil, Sunil Suresh
Total Share Capital
34755280
Offered to Public
10241507
% Promoter's Holding (Pre-Issue)
67.35
% Promoter's Holding (Post-Issue)
56.81
Shares on offer
Total Share Offer
34755280
Of above offred to public
10241507
Post Issue shares
NA
Post Issue Promoters
56.81
Lead Managers to the Issue:
Axis Capital Ltd., ICICI Securities Ltd, JM Financial Ltd., SBI Capital Markets Ltd
Registrar Details
Registrar Name:
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Address
Karvy Selenium Tower B, Plot 31-32 , Gachibowli,Financial District , Nanakramguda , Hyderabad
500032