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Open
21 Jun 2024
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Close
25 Jun 2024
3
Allotment
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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
28-06-2024₹173Est. ₹542+46.88%
27-06-2024₹173Est. ₹542+46.88%
26-06-2024₹170Est. ₹539+46.07%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 68.33x |
Restated Financials (₹ Cr.)
| 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 |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Durlax Top Surface Ltd. | SME | ₹40.80 Cr | ₹68 | 16.73 | ₹103.55 | +52.28% | ₹48.00 (+0.21%) |
| Magenta Lifecare Ltd. | SME | ₹7.00 Cr | ₹35 | 69.43 | ₹47.25 | +35.00% | ₹9.75 (+3.72%) |
| Naman In-Store (India) Ltd. | SME | ₹25.35 Cr | ₹89 | 17.95 | ₹118.75 | +33.43% | ₹43.85 (+1.98%) |
| Omfurn India Ltd. | SME | ₹27.00 Cr | ₹75 | 14.78 | ₹76.60 | +2.13% | ₹56.00 (+2.75%) |
| Interiors & More Ltd. | SME | ₹42.00 Cr | ₹227 | 19.7 | ₹283.50 | +24.89% | ₹171.00 (-3.36%) |
| Transteel Seating Technologies Ltd. | SME | ₹49.98 Cr | ₹70 | 10.29 | ₹93.30 | +33.29% | ₹117.80 (-2.32%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ 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 |
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