
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
Overall Subscription
96.93x
Total Demand
QIB Multiplier
215.62x
Institutions & Funds
NII / HNI
121.17x
High Net-Worth
Retail (RII)
18.73x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 2,910,702 | 627,598,200 | 215.62x |
| NIB | 2,183,026 | 264,515,720 | 121.17x |
| HNIs(10L +) | 1,455,351 | 199,013,360 | 136.75x |
| HNIs (2-10L) | 727,676 | 65,502,360 | 90.02x |
| RETAIL | 5,093,728 | 95,384,960 | 18.73x |
| Total | 12,370,483 | 1,252,014,600 | 96.93x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| HNIs (10L+) | 2,599 | 71,361 | 27.46x |
| HNIs (2-10L) | 1,299 | 113,146 | 87.10x |
| RETAIL | 127,343 | 1,942,417 | 15.25x |
| Total Applications | 131,241 | 2,126,924 | 16.21x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
The latest Grey Market Premium (GMP) for Stanley Lifestyles Limited IPO is ₹173 per equity share. Based on the upper price band of ₹351 to ₹369 per equity share, the estimated listing price is ₹542 (+46.9% expected listing gain).
With a lot size of 40 shares and current GMP of ₹173, the expected profit per application lot is approx ₹6,920 (+46.9% gain). Minimum application cost is approx ₹14,760.
The Stanley Lifestyles Limited IPO aggregate issue size is ₹537.02 Crores with an equity price band set at ₹351 to ₹369 per equity share. The retail lot size is 40 shares requiring a minimum capital outlay of approx. ₹14,760.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 96.93x (Retail: 18.73x, QIB: 215.62x, NII: 121.17x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2024-06-26. Investors can verify status using PAN card or application number.
Stanley Lifestyles Limited shares are scheduled to list on NSE and BSE on 2024-06-28.