Stanley Lifestyles Ltd. IPO

Stanley Lifestyles is India's largest super-premium and luxury furniture brand. They design, manufacture, and retail furniture under the "Stanley" brand name. Established in 2011, they've grown from a single store to a comprehensive home solution provider, offering luxury furniture, kitchens, and mattresses across various price points. Stanley Lifestyles leverages their experience in leather upholstery to create high-quality furniture and has built brand recognition through targeted marketing and customer loyalty programs.

RHP
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DRHP
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Open Date

2024-06-21

Close Date

2024-06-25

Stanley Lifestyles Ltd. IPO Details

Check out the issue details for Stanley Lifestyles Ltd. IPO as disclosed in SEBI.

IPO Price

₹ 369

Price Band

₹ 351 - 369

Issue Size

537.02 Cr.

Issue Type

Book Built

Open

2024-06-21

Close

2024-06-25

Listingprice

₹ 494.95

ListingGain

34.13%

Listing Date

2024-06-28

CMP

₹ 411.2

Current Return

11.44%

Company Financials

You can get the following financial statements of Stanley Lifestyles Ltd. as of now.

The details about the Stanley Lifestyles Limited IPO is as:

  • The issue size of the Stanley Lifestyles Limited IPO is 537.02 Cr.
  • The price band for Stanley Lifestyles Limited IPO is Rs 351 to Rs 369.
  • The shares of Stanley Lifestyles Limited IPO will list on 28th June 2024.
  • The latest tentative GMP of Stanley Lifestyles Limited IPO is Rs 170.
  • The shares of Stanley Lifestyles Limited IPO is subscribed 96.29 Times as of 25th June 2024.

 

Stanley Lifestyles Limited IPO Valuation

The approx valuation of Stanley Lifestyles Limited IPO based on its price band and DRHP (prospectus) is:

Particulars Value
Upper Price Band Rs 369
Existing Shares (Qty) 5.15 Cr
Fresh Issue 200 Cr
Market Cap 2100.35 Cr
EPS (FY23) Rs 6.37
PE Ratio 57.92x

 

Stanley Lifestyles Limited IPO Issue Size

Stanley Lifestyles Limited IPO issue size is 537.02 Cr

Issue Amount
Fresh Issue 200 Cr
Offer For Sale 337.02 Cr

 

Stanley Lifestyles Limited IPO Market Lot

An Individual can apply for a minimum 1 lot of 40 shares and a maximum of 13 lots of 520 shares. Find the details below:

Application Lot Shares Amount
 Minimum  1 40 14,760
 Maximum 13 520 1,91,880

 

Stanley Lifestyles Limited IPO share offer

The shares of Stanley Lifestyles Limited IPO is subscribed 96.29 Times as of 25th June 2024. The category-wise shares subscribed are as follows:

Category % Offered Subscription
Qualified Institutional Maximum 50% 215.62 Times
Non-Institutional Minimum 15% 120.25 Times
Retail Individual Minimum 35% 17.83 Times
Total   96.29 Times

Find below the dates for Stanley Lifestyles Limited IPO:

Schedule Date
Basis of Allotment 26 June 2024
Refunds 27 June 2024
Credit to Demat Account 27 June 2024
IPO Listing Date 28 June 2024

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 125.39 168.82 228.2 231.3
Total Expenditure 121.77 150.74 215.1 211.6
Operating Profit 3.62 18.08 13.1 19.7
Other Income 5.78 9.52 15.5 19.6
Interest 1.17 5.38 6 6.5
Depreciation 2.76 8.78 9.9 10.8
Exceptional Items 0 0 0 0
Profit Before Tax 5.47 13.44 12.7 22
Provision for Tax 4.1 3.94 3.9 6.3
Net Profit 1.37 9.5 8.8 15.7
Adjusted EPS (Rs.) 0.03 0.18 0.17 0.3

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 7.37 7.37 7.4 10.3
Total Reserves 181.83 182.05 174.6 189
Borrowings 0 0.46 0.2 0
Other N/C liabilities -0.66 46.11 42.3 49.4
Current liabilities 41.52 54.48 49.6 89
Total Liabilities 230.06 290.48 274.1 337.7
Assets
Net Block 15.16 70.29 73.3 70
Capital WIP 0 0 0 37.5
Intangible WIP 0 0 1.1 1.6
Investments 9.7 34.9 34.2 32.6
Loans & Advances 31.15 17.48 14.2 24.2
Other N/C Assets 0.01 0 0 0
Current Assets 174.04 167.82 151.3 171.8
Total Assets 230.06 290.48 274.1 337.7
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2024 Jun 2024 Sep 2024
Other Income 4.5 3.8 6.5
Profit Before Tax 4.8 4.6 7.6
Tax 1.3 1.1 1.9
Profit After Tax 3.5 3.5 5.7
Adjusted EPS (Rs) 0.68 0.61 1

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 56.81 0
Jun 2024 56.81 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 5.47 13.44 12.7 22
Adjustment 0.79 8.04 14.5 10.8
Changes in Assets & Liabilities -1.74 0.52 2.3 -32.6
Tax Paid -1.48 -6.42 -4.6 -5.3
Operating Cash Flow 3.04 15.57 24.9 -5.1
Investing Cash Flow 6.89 -12.41 3.5 -3.9
Financing Cash Flow -7.67 -6.71 -27.9 9
Net Cash Flow 2.26 -3.55 0.5 0
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