Stanley Lifestyles IPO Details, Financials, Valuation & Peers
Get everything you need to know about the Stanley Lifestyles IPO. Explore Stanley Lifestyles IPO details, including IPO dates, financial statements, valuation, peer comparison, and more.
Overview
Stanley Lifestyles Limited is a super-premium and luxury furniture brand in India, recognized for its expansive manufacturing and retail operations. As the fourth largest player in the home furniture segment in India by revenue in Fiscal 2023, Stanley Lifestyles is among the pioneering Indian companies in the super-premium and luxury furniture market. The company operates across various price points, including super-premium, luxury, and ultra-luxury segments, through its diverse range of brands.
Key Points:
- Integrated Operations:
- Fully integrated model encompassing design, manufacturing, and retail.
- Owns and operates a network of ‘company owned and company operated’ (COCO) and ‘franchisee-owned and franchisee-operated’ (FOFO) stores across India.
- Product and Brand Offerings:
- Offers bespoke products with handcrafted elements, particularly under the Stanley Level Next, Stanley Boutique and Sofas & More by Stanley brands.
- Focus on high-quality raw materials, using premium leather from Europe and FSC certified timber from South-East Asia.
- Retail Presence:
- Operates 38 COCO stores in major metro cities including Bengaluru, Chennai, New Delhi, Mumbai, and Hyderabad.
- Has 24 FOFO stores across 21 cities in 11 States and Union Territories.
- Experimented with hybrid store formats to enhance the customer experience, such as the multi-format store on Hosur Road, Bengaluru.
- Vendor Relationships:
- Established long-standing relationships with vendors to source quality raw materials.
- Largest importer of leather in India for furniture manufacturing in Fiscal 2023.
Objects of the Issue
- Investment in certain Subsidiaries for: (a) opening of the New Stores by such Subsidiaries, (b) opening the Anchor Stores by such Subsidiaries, (c) renovation of the Existing Stores by such Subsidiaries
- Funding the capital expenditure requirements for purchase of new machinery and the Company and the Material Subsidiary, Stanley OEM Sofas Limited
- General corporate purposes
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 21 Jun - 25 Jun 2024 |
| IPO Price Band | ₹ 351 - 369 per share |
| Fresh Issue | ₹ 200 crore |
| Offer For Sale | 9,133,454 shares (₹ 337.02 crore) |
| Total IPO Size | Approx ₹ 537.02 crore |
| Face Value | ₹ 2 |
| Listing On | BSE, NSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 21 Jun 2024 |
| IPO Closing Date | 25 Jun 2024 |
| Basis Of Allotment | 26 Jun 2024 |
| Refunds | 27 Jun 2024 |
| Demat Transfer | 27 Jun 2024 |
| IPO Listing Date | 28 Jun 2024 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | Dec 2023 |
|---|---|---|---|---|
| Total Income | 201.71 | 297.76 | 425.62 | 322.29 |
| Total Expenses | 195.49 | 265.82 | 379.22 | 297.57 |
| Net Profit/Loss | 1.92 | 23.22 | 34.98 | 18.70 |
| NPM (*) | 0.98 | 7.95 | 8.35 | 5.97 |
| Total Assets | 346.52 | 422.15 | 458.19 | 581.54 |
| Total Liabilities | 158.92 | 216.54 | 234.39 | 333.35 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | Dec 2023 |
|---|---|---|---|---|
| EPS | 0.20 | 4.14 | 6.37 | 3.83 |
| ROE (%) | 1.03 | 11.81 | 16.29 | 7.29 |
| ROCE (%) | 5.52 | 12.90 | 16.63 | 8.63 |
| RoNW (%) | 0.56 | 10.69 | 15.18 | 8.34 |
| D/E Ratio | 0.47 | 0.63 | 0.68 | 0.86 |
| Current Ratio | 2.73 | 2.23 | 2.18 | 1.56 |
| EBITDA MARGIN (%) | 15.21 | 20.19 | 19.74 | 18.44 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
No listed peers available for comparison.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 215.62 |
| Non-Institutional Investor (NII/HNI) | 121.42 |
| Retail Individual Investor (RII) | 19.08 |
| Total | 97.16 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
KFin Technologies Limited
Phone: +91 40 6716 2222/ 18003094001
Email: einward.ris@kfintech.com
Website: www.kfintech.com
Company Promoters
- SUNIL SURESH
- SHUBHA SUNIL
Lead Managers
- Axis Capital Limited
- ICICI Securities Limited
- JM Financial Limited
- SBI Capital Markets Limited
Company Address
Stanley Lifestyles Limited
SY No. 16/2 and 16/3 Part, Hosur Road, Veerasandra Village, Attibele Hobli, Anekal Taluk, Bengaluru, Karnataka 560 100, India
Phone: + 91 80 6895 7200
Email: investors@stanleylifestyles.com
Website: www.stanleylifestyles.com
FAQs
- What is the issue size of the Stanley Lifestyles IPO?The Stanley Lifestyles IPO has an issue size of Approx ₹ 537.02 crore. This includes a fresh issue of ₹ 200 crore and an offer for sale (OFS) of 9,133,454 shares (₹ 337.02 crore).
- What is the price band of the Stanley Lifestyles IPO?The price band for the Stanley Lifestyles IPO is ₹ 351 - 369 per share.
- What are the bidding dates for the Stanley Lifestyles IPO?The Stanley Lifestyles IPO will open for bidding on 21 Jun 2024 and close on 25 Jun 2024.
- What is the allotment date for the Stanley Lifestyles IPO?The allotment date for the Stanley Lifestyles IPO is 26 Jun 2024.
- What is the listing date for the Stanley Lifestyles IPO?The listing date for the Stanley Lifestyles IPO is 28 Jun 2024.
- What is the Stanley Lifestyles IPO grey market premium?The grey market premium (GMP) for the Stanley Lifestyles IPO is currently at ₹173, with an expected listing gain of approximately 46.88%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.