
Consumer Goods / Home Furnishing · NSE / BSE
Stanley Lifestyles Limited, established in 2007, is a leading designer and manufacturer of super-premium, luxury, and ultra-luxury furniture under the brand "Stanley." The company offers a diverse range of products, including sofas, recliners, dining sets, coffee tables, wardrobes, beds, and mattresses, along with customized leather seat covers for cars and luxury accessories. With a strong retail presence, Stanley Lifestyles operates 38 company-owned stores in major metros like Bengaluru, Chennai, New Delhi, Mumbai, and Hyderabad, along with 24 franchisee stores across 21 cities in 11 states and Union Territories. Its Bengaluru-based product development facility spans 15,000 square feet, employing 778 skilled professionals as of December 31, 2023, to ensure top-notch craftsmanship and innovation in every piece.
Price Band
₹351 – ₹369
Issue Size
₹537 Cr
Lot Size
40 shares
GMP
+46.9%
Est. Listing
₹542
at current GMP
Subscribed
96.93x
overall
Open
21 Jun 2024
Close
25 Jun 2024
Allotment
26 Jun 2024
Refund
27 Jun 2024
Demat Credit
28 Jun 2024
Listing
28 Jun 2024
Designated Registrar: Kfin Technologies Limited
Allotment Date
26 Jun 2024
Basis finalization
Refunds Initiate
27 Jun 2024
Mandate release
Demat Credit
28 Jun 2024
Shares in demat
Listing Debut
28 Jun 2024
Trading begins
Stanley Lifestyles Limited is bringing an initial public offering (IPO) in the Consumer Goods / Home Furnishing sector with an aggregate issue size of ₹537.02 Crores. The shares are offered at a price band of ₹351 to ₹369 per equity share on NSE and BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 40 shares (approx. ₹14,760 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-06-28, while un-allotted funds or UPI block mandates will be released on 2024-06-27.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.