Stanley Lifestyles IPO Details, GMP Price, Date, Review

Stanley Lifestyles India IPO Details Today : Stanley Lifestyles IPO Details Today (IPO) is Open on 21 June 2024 and Close on 25 June 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).

We 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.

Stanley Lifestyles IPO Date & Price Band Details

Stanley Lifestyles IPO Market Lot Details

Object of the Issue

1. Expenditure for opening new stores under the formats of “Stanley Level Next”, “Stanley Boutique” and “Sofas & More by Stanley” (“New Stores”).
2. Expenditure for opening anchor stores (“Anchor Stores”).
3. Expenditure for renovation of existing stores under the formats of “Stanley Level Next”, “Stanley Boutique” and “Sofas & More by Stanley” (“Existing Stores”).
4. Funding the capital expenditure requirements for purchase of new machinery and equipment by our Company and our Material Subsidiary, SOSL; and5.General corporate purposes.

Stanley Lifestyles IPO Allotment & Listings (Details)

Stanley Lifestyles Financial Reports

Our Company Promoter

1. Sunil Suresh
2. Shubha Sunil

Qualitative Factors

• Largest and the fastest growing brand in the luxury/super-premium furniture segment.
• Comprehensive home solutions provider with offerings across categories and price points.
• Pan-India presence with strategically located stores;•Focus on design-led product innovation.
• Vertically integrated manufacturer with skilled craftmanship capabilities.
• Efficient business model with track record of delivering financial growth.
• Promoter-led company with experienced professional and senior management team.

Stanley Lifestyles Company Contact Details

SYNo. 16/2 and 16/3 Part
Hosur Road, Veerasandra Village
Attibele Hobli, Anekal Taluk
Bengaluru Karnataka 560 100
Tel: +91 80 6895 7200
E-mail:investors@stanleylifestyles.com
Website: www.stanleylifestyles.com

Stanley Lifestyles IPO Registrar