Stanley Lifestyles IPO

Stanley Lifestyles Ltd

₹14,040 /40 sharesMinimum Investment

Stanley Lifestyles IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
--₹369.00₹494.95₹125.95 (34.13%)

Stanley Lifestyles IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
21 Jun ‘24 - 25 Jun ‘24₹14,04040₹351 - ₹369
Issue SizeIPO Doc
537.02Cr
RHP PDF

Subscription rate

As of 25 Jun'24, 04:00 PM
Qualified Institutional Buyers4.23x
Non-Institutional Investor42.86x
Retail Individual Investor9.86x
Total15.47x

About the company

Stanley Lifestyles, which started its operations in 2007, is a luxury furniture brand in India. It is one of the few homegrown brands that operates at scale in both manufacturing and retail in the super-premium and luxury segments. The company sells its furniture products under the "Stanley" brand. Their products include seating furniture (sofas, sofa beds, recliners, dining chairs, poufs, bar stools, and cushions), cased goods (coffee tables, end tables), kitchens and cabinets, mattresses and beds, and automotive and others. The company designs, manufactures, and retails its products through a network of company-owned and company-operated stores, as well as franchise-owned and franchise-operated stores, with a presence across India. Their integrated model allows them to control the entire process, from procuring raw materials and designing products to manufacturing, quality control, marketing, and final sales. The company operates two manufacturing facilities located at Electronic City, Bengaluru, Karnataka, and Bommasandra Jigani Link Road, Bengaluru, Karnataka.;
Founded in
2007
Managing director
Mr. Sunil Suresh
Parent organisation
Stanley Lifestyles Ltd

Strength and risks

Strengths
Risks
The revenue from operations of Stanley Lifestyles grew consistently from Rs 195.78 crore in FY21 to Rs 292.20 crore in FY22 to Rs 419 crore in FY23, at a compounded annual growth rate (CAGR) of 46.29%. As of December 31, 2023, the company’s revenue from operations stood at Rs 313.31 crore. During this period, profit after tax (PAT) has also increased consistently, from Rs 1.92 crore in FY21 to Rs 23.22 crore in FY22 and Rs 34.98 crore in FY23.
Stanley Lifestyles has a retail presence across India, targetting various markets and improving its brand visibility.
Stanley Lifestyles is a vertically integrated furniture manufacturer with facilities in Bengaluru, Karnataka. It controls the entire process from raw material sourcing to production, design, and retail through both company-owned and franchise stores, ensuring comprehensive management of operations.
The company holds ISO 45001:2018 certification for Occupational Health and Safety Management Systems, ISO 9001:2015 for Quality Management Systems, and ISO 14001:2015 for Environmental Management Systems.

Financials

*All values are in Rs. Cr
No Graph Data To Display

Application details

Apply asPrice bandApply upto
Regular351 - 369₹2 Lakh
High Networth Individual351 - 369₹2 - 5 Lakh
For Stanley Lifestyles IPO, eligible investors can apply as Regular.
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