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Issue Open Date
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21-Jun-24
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Issue Closing Date
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25-Jun-24
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Application Money
|
100
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Allotment Money
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Price Band (Rs.)
|
351
-
369
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Minimum Bid Quantity.
|
40
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Issue Size (Shares)
|
10241507
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Market Lot
|
1
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Objective :
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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 the 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 purchasing new machinery and equipment by the company and Material Subsidiary, SOSL.5. General corporate purposes.
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
|
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Offered / Reserved |
Bid For |
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|
Non-Institutional Investors
|
2224719
|
265890200
|
119.52
|
|
Qualified Institutional Buyers
|
2825777
|
627598200
|
222.1
|
|
Retail Individual Investors
|
2825777
|
627598200
|
222.1
|
|
|
|
|
Business Description
We are a super-premium and luxury furniture brand in India and among the few home-grown super-premium and luxury consumer brands in India operating at scale in terms of manufacturing as well as retail operations. (Source: RedSeer Report) Further, we are the fourth la...
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Promoter's Holding
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Total Share Capital
|
34755280
|
|
Offered to Public
|
10241507
|
|
Promoter's Holding (Pre-Issue)
|
67.35
|
|
Promoter's Holding (Post-Issue)
|
56.81
|
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More |
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Address |
Sy No. 16/2 And 16/3 Part
Hosur Road
Veerasandra Village
Attibele Hobli
Anekal Taluk
Bengaluru
,
Karnataka
,
560100
Phone :
080 68957200
Email :
investors@stanleylifestyles.com
Website :
www.stanleylifestyles.com
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Registrar |
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Karvy Selenium Tower B
Plot 31-32
Gachibowli
Financial District
Nanakramguda
Hyderabad
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Listed at |
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BSE, NSE
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Lead Manager |
Axis Capital Ltd.
ICICI Securities Ltd
JM Financial Ltd.
SBI Capital Markets Ltd
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Promoters |
Shubha Sunil
Sunil Suresh
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