Stanley Lifestyles IPO Allotment Status Online : Stanley Lifestyles IPO is Open on June 21, 2024 and Close on June 25, 2024. Stanley Lifestyles IPO to Raise 14,553,508 shares (Approx ₹537.02 Cr) via IPO. The Fresh Issue of 5,420,054 shares (Approx ₹200.00 Cr) and The Offer For Sale is 9,133,454 shares of ₹2 (Approx ₹337.02 Cr).
- The Retail Quota Is 35%
- QIB Is 50%
- HNI Is 15%.
Stanley Lifestyles IPO Basis of Allotment Status on 26 June, 2024. Stanley Lifestyles IPO Refund Date is 27 June 2024 and Stanley Lifestyles IPO Credit to Demat on 27 June 2024.
Also Read: Stanley Lifestyles IPO Details, GMP Price, Date, Review
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About –
Stanley Lifestyles are India’s largest super-premium and luxury furniture brand. We design, manufacture and retail our products through our own network of pan-India stores. we are among the top four Indian super-premium and luxury furniture manufacturing company in India that is completely integrated, possessing the ability to manufacture our products and distribute them through our own network of retail stores.
We believe that our in-house manufacturing operations coupled with our retailing model, differentiates us from other Indian and foreign furniture brands.
Our integrated model provides us with the ability to have complete control over our processes, ranging from procurement of raw materials, designing our products, manufacturing, quality control, marketing, and ultimatelysale of our products.We offer customers bespoke products by leveraging the skilled craftsmanship of our employees. Our employees possess expertise across various processes that we deploy as part of our operations which include leather marking, cutting, carpentry, sewing and stitching, metal work and polishing.
We focus on attention to detail while blending unique manufacturing techniques with contemporary design to deliver a truly distinctive product experience and offer luxurious offerings to customers. Almost all of our products under our “Stanley Level Next” and “Stanley Boutique” brands include handcrafted elements.
We market and sell our products through our network of stores. We believe our stores are the first step towards entering the world of luxury furniture for our customers.
Over the years, we have significantly expanded our network of stores and as of June 30, 2023, we operated 34‘company owned and company operated’ or “COCO” stores all located in the major metro-cities of Bengaluru, Chennai, New Delhi, Mumbai and Hyderabad and 21‘franchisee-owned and franchisee-operated’ or “FOFO” stores in 22cities acrossnineStates and Union Territories in India. We have alsoexperimented at one of our existing store located at Hosur Road, Bengaluru, Karnataka to include different store formats, i.e., “Stanley Level Next”and “Sofas &More by Stanley”at a single location which provides an opportunity to potential customers to experience the complete “Stanley” brand experience under one roof.