Stanley Lifestyles Limited was incorporated in 2007 . GP Eco Solutions India IPO subscription opens from 21 June 2024 and issue closes on 25 June 2024. IPO Face value is Rs.2 per share. IPO Issue bid size is between Rs.351 to Rs.369 per share. The lot size is 40 shares per lot. This is a Book Built Issue IPO.
- Stanley Lifestyles Limited IPO Offer For Sale is, 9,133,45 shares .
- Company Share Holding, Pre Issue is 51,597,168 shares.
- Company Share Holding, Post Issue will be 57,017,222 shares.
- This IPO is Listing at BSE NSE, on 26 June 2024.
Axis Capital Limited, ICICI Securities Limited, JM Financial Limited, and SBI Capital Markets Limited are serving as the book-running lead managers for the Stanley Lifestyles IPO, with KFin Technologies Limited acting as the registrar for the issue.
Stanley Lifestyles Limited IPO Timeline :
- Stanley Lifestyles Limited IPO issue opens on 21 June and closes on 25 June 2024.
- Cut Off Time of UPI Payment is, 5pm on 25 June 2024.
- IPO Issue Basis of Allotment is, 26 June 2024.
- Who did not get the allotment of shares, Refunds Initiation begins from 27 June 2024.
- Who got the allotment, Shares will be Credited in their Demat Account by 27 June 2024.
- Finally IPO lists on 28 June 2024. This was the IPO timeline of Stanley Lifestyles Limited IPO.
Stanley Lifestyles Limited IPO Reservations for Investor Categories :
QIB Shares Offered Not more than 50% of the Net Issue.
Retail Shares Offered Not less than 35% of the Net Issue.
NII (HNI) Shares Offered Not less than 15% of the Net Issue.
Stanley Lifestyles Limited IPO Lot Size Minimum to Maximum allotment for Investors :
- Retail Investor can apply for Minimum, 1 lot which has 40 shares and investing amount ₹ 14,760.
- Retail Investor Maximum apply for 13 lot, 520 shares, amount ₹ 191,880 .
- Small HNI Investor Minimum 14 lot, 560 shares, amount ₹ 206,640.
- Small HNI Investor Maximum applies for 67 lot, 2680 shares, and amount ₹ 988,920.
- Big HNI Minimum applies for 68 lot, 2720 shares, and amount ₹ 1,003,680.
An Intro About Stanley Lifestyles Limited :
Founded in 2007, Stanley Lifestyles Limited specializes in designing and manufacturing super-premium, luxury, and ultra-luxury furniture, marketed under the brand name “Stanley.”
The company’s products are categorized as follows:
- Seating: Encompasses the design, production, and sale of seating furniture such as sofas, sofa beds, recliners, dining chairs, poufs, bar stools, and cushions.
- Cased Goods: Consists of furniture with a solid casing, typically made of wood, including coffee tables, dining tables, end tables, and consoles.
- Kitchens and Cabinets: Comprises kitchen and cabinetry products in various materials, finishes, and styles, including kitchens, wardrobes, laundry/utility cupboards, bar cabinets, shoe racks, prayer cupboards, and bedside tables.
- Mattresses and Beds: Includes the design, manufacture, and sale of bed frames, mattresses, pillows, and accessories.
- Automotive and Other: Covers the design and manufacture of customizable shoes available in a range of sizes, including half sizes, and leather seat covers for cars. Although the company manufactures its products, it imports and sells ancillary items like lighting and switches under private labels. Additionally, it sells locally sourced carpets under private labels.
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Stanley Lifestyles Limited New IPO Detail Date Review 2024
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How to apply for Stanley Lifestyles Limited IPO Subscription ?
There are some simple steps to follow
- First go to your brokers website and login there
- 2nd after login see the IPO section and click there
- 3rd click the IPO Service Bid button here
- 4th enter and confirm your UPI id here, Fill quantity and price than submit this application form.
- 5th Now visit your UPI app page and approve the amount transaction.
- 6th Now Finally IPO Bidding process is completed. Now you have subscribed for this IPO application.