Stanley Lifestyles IPO GMP Today

Subscribe for real-time financial insights on Trade Target’s WhatsApp Channels

Founded in 2007, Stanley Lifestyles Limited specializes in designing and manufacturing high-end, luxury furniture under its brand “Stanley.” The company offers a wide range of products, including:

Seating: Sofas, sofa beds, recliners, dining chairs, poufs, bar stools, and cushions.
Cased Goods: Wooden furniture such as coffee tables, dining tables, end tables, and consoles.
Kitchens and Cabinets: A variety of kitchens, laundry/utility cupboards, wardrobes, bar cabinets, prayer cupboards, shoe racks and bedside tables in different materials, finishes and styles.
Mattresses and Beds: Bed frames, mattresses, pillows, and accessories.
Automotive and Other: Customizable shoes available in various sizes, including half sizes, and leather seat covers for cars. The company imports ancillary products like lighting and switches, selling them under private labels. It also offers locally sourced carpets under private labels.

As of December 31, 2023, Stanley Lifestyles operated 38 company-owned and operated (COCO) stores in major cities like Bengaluru, Chennai, New Delhi, Mumbai, and Hyderabad. Additionally, there were 24 franchisee-owned and operated (FOFO) stores in 21 cities across 11 states and Union Territories in India.

Stanley Lifestyles IPO Overview

Stanley Lifestyles is launching an IPO worth ₹537.02 crores through a book-building process. This IPO includes a fresh issue of 0.54 crore shares, amounting to ₹200 crores, and an offer for sale of 0.91 crore shares, totaling ₹337.02 crores.

The IPO opens for subscription on June 21, 2024, and closes on June 25, 2024. The allotment is expected to be finalized on June 26, 2024, with the shares likely to be listed on the BSE and NSE on June 28, 2024.

The price band for the IPO is set between ₹351 and ₹369 per share, with a face value of ₹2 per share. The promoters of Stanley Lifestyles are Shubha Sunil & Sunil Suresh.

Before the IPO, the promoters hold 67.36% of the company’s shares. The post-issue shareholding details are not yet available.

A girl on one side of a balance scale, with money, a bottle, and a potli on the other, labeled 'Small Cap Mutual Fund.'

Best Small Cap Mutual Funds for Investment

Illustration showing Prime Minister Narendra Modi standing beside a beggar who is holding credit and debit cards, with a bank clipart in the background, representing the Pradhan Mantri Jan Dhan Yojana (PMJDY) scheme.

Pradhan Mantri Jan Dhan Yojana (PMJDY) Scheme

A lady standing with an announcement mic and Sovereign Gold Bonds written on top with two different gold biscuit bulks, representing the Sovereign Gold Bonds 2023-24 Series III and IV subscription and issuance dates.

Sovereign Gold Bond (SGB) 2 Series: 12 Key Points to Remember

Let’s look at how Stanley Lifestyles IPO GMP has changed recently.

Grey market premium (GMP) for Stanley IPO was ₹27 as of June 15th, 2024, 04:02 PM. With a price band of ₹369, the estimated listing price is ₹396 (the cap price plus today’s GMP). This indicates an expected gain of 7.32% per share. Trade Target keeps updating the GMP daily, and based on the last three sessions, the current GMP of ₹27 is trending downward.
Date: 26 – June – 2024
Stanley Lifestyles GMP: ₹170 (46.07%)

Date: 25 – June – 2024
Stanley Lifestyles GMP: ₹163 (44.17%)

Date: 24 – June – 2024
Stanley Lifestyles GMP: ₹167 (45.26%)

Date: 23 – June – 2024
Stanley Lifestyles GMP: ₹172 (46.61%)

Date: 22 – June – 2024
Stanley Lifestyles GMP: ₹172 (46.61%)

Date: 21 – June – 2024
Stanley Lifestyles GMP: ₹165 (44.72%)

Date: 20 – June – 2024
Stanley Lifestyles GMP: ₹162 (43.9%)

Date: 19 – June – 2024
Stanley Lifestyles GMP: ₹150 (40.65%)

Date: 18 – June – 2024
Stanley Lifestyles GMP: ₹140 (37.94%)

Date: 17 – June – 2024
Stanley Lifestyles GMP: ₹120 (32.52%)

Date: 16 – June – 2024
Stanley Lifestyles GMP: ₹110 (29.81%)

Date: 15 – June – 2024
Stanley Lifestyles GMP: ₹110 (29.81%)

Date: 14 – June – 2024
Stanley Lifestyles GMP: ₹100 (27.1%)

How can one apply for Stanley Lifestyles IPO?

Investors can apply for a minimum of 40 shares and buy more in multiples of 40. Below are the minimum and maximum investments allowed for retail investors and high-net-worth individuals (HNI):

Application	Lots	Shares	Amount
Retail (Min)	1	40	₹14,760
Retail (Max)	13	520	₹191,880
S-HNI (Min)	14	560	₹206,640
S-HNI (Max)	67	2,680	₹988,920
B-HNI (Min)	68	2,720	₹1,003,680

Stanley Lifestyles IPO Financial

The company has shown growth in assets, revenue, and profit over the past three years, with a corresponding increase in borrowings to support its operations and expansion plans.

Period Ended	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets in (₹ Crores)	458.19	422.15	346.52
Revenue (₹ Crores)	425.62	297.76	201.71
PAT (₹ crores)	34.98	23.22	1.92
Total Borrowing (₹ crores)	9.37	6.09	0.25

Stanley Lifestyles IPO Quota allocation

Expected Listing Date for Stanley Lifestyles IPO

Happy investing and thank you for reading!

Disclaimer: This website content is only for educational purposes, not investment advice. Before making any investment, it’s important to do your own research and be fully informed. Investing in the stock market includes risks, and you should carefully read the Risk Disclosure documents before proceeding. Please remember that past performance doesn’t guarantee future results, and due to market fluctuations, your investment goals may not always be achieved.