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  1. Funding the capital expenditure requirements for purchasing new machinery and equipment by the company and Material Subsidiary, SOSL; and General corporate purposes. Stanley Lifestyles IPO Review (May apply)

    • June 25, 2024
    • SY No. 16/2 and 16/3 Part, Hosur Road, Veerasandra Village, Attibele Hobli, Karnataka
    • June 21, 2024
  2. The company is raising Rs 200 cr through fresh issue, out of which it plans to spend Rs 90 cr to open 24 new stores between FY25–FY27, which will significantly contribute to the company’s topline.

  3. Jun 28, 2024 · The company will use90.1 crore out of the proceeds for the opening of new stores by their subsidiaries, ₹40 crore for opening the anchor stores, ₹10 crore for renovation of the existing stores, ₹6.6 crore for funding the capital expenditure requirements for purchase of new machinery and equipment and rest for general corporate purposes.

  4. Jun 20, 2024 · The company has set the price band at351 to369 per share. This is a book-built issue aiming to raise ₹537.02 crore. The issue combines a fresh issue of shares worth ₹200 crore and an offer for sale (OFS) of existing shares valued at ₹337.02 crore.

    • 25 June 2024
    • ₹351-₹369 per share
    • ₹2 per share
  5. Jun 20, 2024 · Funding new machinery and equipment for enhanced production capacity. General corporate purposes. Stanley Lifestyles IPO review. While Stanley Lifestyles boasts a strong brand presence in the luxury furniture segment, here are some key factors to consider before investing in the IPO:

  6. Stanley Lifestyles IPO includes funding of161.10 crore, subscription status of 4.18 times on the second day, and plans to open new stores and invest in equipment.

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  8. Jun 14, 2024 · Stanley Lifestyles Ltd has fixed a price band of Rs 351-369 a share for its initial public offering that will open for subscription on June 21. The anchor bidding will start on June 20 and...