Stanley Lifestyles
Book Building issueMainboard₹537 Cr issue
+35.23%
Listing gain over issue price
Issue size
₹537 Cr
1 lot at cut-off
₹14,760
Lot size
40shares
Open
21 Jun 2024
Close
25 Jun 2024
Allotment
26 Jun 2024
Listing
28 Jun 2024
Listing performance
Issue price
₹369
Listed at
₹499
Listing-day close
₹474.75
Latest price
₹127.22
Close on 23 Oct 2026
Listing gain
+35.23%
Return since issue
-65.52%
Scheduled dates
Tentative timetable — a past date is not confirmation the step completed
Issue details
- IPO date
- 21 Jun 2024 – 25 Jun 2024
- Listing date
- 28 Jun 2024
- Face value
- ₹2 per share
- Issue price
- ₹369 per share
- Lot size
- 40 shares
- Issue type
- Book Building issue
- Total issue size
- ₹537 Cr
- Market cap at offer price
- ₹2,104 Cr
- Promoter holding
- 67.28% → 56.81% pre-issue → post-issue
- ISIN
- INE01A001028
- Registrar
- Kfin Technologies Ltd.
- Lead managers
- Axis Capital Ltd.
- Registered office
- SY No.16/2 and 16/3 Part, Hosur Road, Veerasandra Village, Attibele Hobli, Anekal Taluk, Karnataka
Reservation and application size
How the issue is split between investor categories, and what each may bid
| Investor category | Shares | % of net | % of total |
|---|---|---|---|
| Anchor investor · within QIB | 43,66,051 | — | — |
| Market maker | 0 | — | — |
Application size
Minimum 40 shares per lot, in multiples, at ₹369
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 40 | ₹14,760 |
| Retail (max) | 13 | 520 | ₹1,91,880 |
| S-HNI (min) | 14 | 560 | ₹2,06,640 |
| S-HNI (max) | 67 | 2,680 | ₹9,88,920 |
| B-HNI (min) | 68 | 2,720 | ₹10,03,680 |
Category limits
| Category | Bid size | Cut-off |
|---|---|---|
| Retail (RII) | Up to ₹2 lakh | Yes |
| Small HNI (sNII) | ₹2 lakh – ₹10 lakh | No |
| Big HNI (bNII) | Above ₹10 lakh | No |
| Employee | Up to ₹5 lakh | Yes |
Bidding at cut-off means accepting the final issue price without naming one. Only retail and employee applicants may do so.
Anchor investors
Institutional allocation placed a day before the issue opens, carved out of the QIB portion and locked in after listing.
Shares allocated
43,66,051
Anchor portion
₹161 Cr
at ₹369 per share
Valuation and performance
Valuation at offer price
₹369 per share
| Metric | Pre-issue | Post-issue |
|---|---|---|
| EPS (₹) | 6.78 | 4.37 |
| P/E (×) | 54.42 | 84.44 |
| Price to book (×) | 8.03 | — |
| Market cap | — | ₹2,104 Cr |
Key performance indicators
Latest reported period
- Return on net worth
- 8.34%
- ROCE
- 8.63%
- Debt / equity
- 0.86
- PAT margin
- 5.97%
- NAV per share
- ₹45.97
- Price to book
- 8.03
Single period as reported. Year-on-year movement is in the financials table below, where every period is published.
About Stanley Lifestyles
Stanley Lifestyles Limited is a vertically integrated super-premium and luxury furniture manufacturer and retailer operating in India. Originally formed as a partnership firm 'Stanley Seating' in February 2007, it was converted to a public limited company in October 2007. The company designs, manufactures, and retails furniture products under the 'Stanley' brand through multiple formats including Stanley Level Next, Stanley Boutique, and Sofas & More by Stanley stores. The company operates both company-owned company-operated (COCO) stores and franchisee-owned franchisee-operated (FOFO) stores across India. It generates revenue through direct retail sales, contract manufacturing for multinational home furnishing players, and leather automotive interiors manufacturing. As of December 31, 2023, the company operates 38 COCO stores and 24 FOFO stores across 25 cities in India.
Company Analysis
from RHPStanley Lifestyles Limited is a super-premium and luxury furniture brand in India manufacturing and retailing home furnishings including sofas, recliners, beds, mattresses, and kitchen cabinets across multiple brand formats.
Stanley Lifestyles Limited is a vertically integrated super-premium and luxury furniture manufacturer and retailer operating in India. Originally formed as a partnership firm 'Stanley Seating' in February 2007, it was converted to a public limited company in October 2007. The company designs, manufactures, and retails furniture products under the 'Stanley' brand through multiple formats including Stanley Level Next, Stanley Boutique, and Sofas & More by Stanley stores. The company operates both company-owned company-operated (COCO) stores and franchisee-owned franchisee-operated (FOFO) stores across India. It generates revenue through direct retail sales, contract manufacturing for multinational home furnishing players, and leather automotive interiors manufacturing. As of December 31, 2023, the company operates 38 COCO stores and 24 FOFO stores across 25 cities in India.
luxury furnituresuper-premium furniturehome furnishingscontract manufacturingautomotive interiors
Objects of the Issue
- Investment in certain Subsidiaries for opening of new stores ₹901.27 million p.24
- Investment in certain Subsidiaries for opening of anchor stores ₹399.90 million p.24
- Investment in certain Subsidiaries for renovation of existing stores ₹100.40 million p.24
- Funding capital expenditure requirements for purchase of new machinery and equipment ₹66.59 million p.25
- General corporate purposes p.25
- Investment in Subsidiaries for opening new stores under formats 'Stanley Level Next', 'Stanley Boutique' and 'Sofas & More by Stanley' p.48
- Investment in Subsidiaries for opening anchor stores p.48
- Renovation of existing stores under formats 'Stanley Level Next', 'Stanley Boutique' and 'Sofas & More by Stanley' p.48
- Funding capital expenditure for purchase of new machinery and equipment p.48
- General corporate purposes p.48
- Investment in certain Subsidiaries for opening of new stores under formats of Stanley Level Next, Stanley Boutique and Sofas & More by Stanley ₹901.27 million p.111
- Investment in certain Subsidiaries for opening anchor stores by such Subsidiaries ₹399.90 million p.111
- Investment in certain Subsidiaries for renovation of existing stores under formats of Stanley Level Next, Stanley Boutique and Sofas & More by Stanley ₹100.40 million p.111
- Funding capital expenditure requirements for purchase of new machinery and equipment by the Company and Material Subsidiary, Stanley OEM Sofas Limited ₹66.59 million p.111
- General corporate purposes [●] p.111
- Establishment of 24 New Stores between Fiscals 2025 to 2027 across Stanley Level Next, Stanley Boutique and Sofas & More by Stanley formats ₹901.27 million p.211
- Renovation of 15 Existing Stores between Fiscals 2025 to 2027 ₹100.40 million p.211
- Establishment of three Anchor Stores between Fiscals 2026 to 2027, each with an estimated average size of 30,000 square feet ₹399.90 million p.211
- Purchase of new machinery and equipment at manufacturing facilities and undertaking civil works ₹81.85 million p.212
- Objects of the Offer (referenced but detailed on page 102, not in this part) p.424
Issue Structure
- Total Issue
- Up to [●] Equity Shares of face value of ₹ 2 each aggregating up to ₹ [●] million
- Fresh Issue
- Up to [●] Equity Shares of face value of ₹ 2 each aggregating up to ₹ 2,000.00 million
- Offer for Sale
- Up to 9,133,454 Equity Shares of face value of ₹ 2 each aggregating up to ₹ [●] million
- Price Band
- [●] per Equity Share (Floor Price) to [●] per Equity Share (Cap Price)
- Lot Size
- [●] Equity Shares and in multiples of [●] Equity Shares
- Face Value
- ₹ 2 per Equity Share
Business Model
The company generates revenue through three primary channels: (1) retail sales of its own branded furniture products through COCO stores (62.16% of revenue in nine months ended December 31, 2023) and FOFO stores (13.04% of revenue); (2) contract manufacturing for multinational home furnishing companies (11.16% of revenue); and (3) leather automotive interiors manufacturing for automobile companies (11.27% of revenue). The company is vertically integrated, controlling manufacturing, design, marketing, and retail operations. It sources raw materials including leather and wood, manufactures products at facilities in Bengaluru, and distributes through its retail network primarily in southern India with expanding presence in other regions.
Business Segments
Manufacturing and retail of sofas and recliner products through multiple brand formats
Manufacturing and retail of beds, mattresses, pillows, dining furniture, kitchen cabinets, and other home furnishings
Repetitive production manufacturing for multinational home furnishing players
Manufacturing of leather automotive interiors for automobile companies
Stanley Lifestyles sells furniture products to subsidiaries which undertake final retail sales to end customers through company-owned stores.
Contract manufacturing operations undertaken at manufacturing facility operated by Stanley OEM Sofas Limited, a subsidiary.
Targets customers in the ultra-luxury home solution price points
Targets customers in the luxury category price points
Targets customers in the super premium price points
Ultra-luxury furniture brand offering kitchen and cabinetry, sofas, beds and mattresses and cased goods at price points of ₹0.50 million and above
Luxury furniture brand offering kitchen and cabinetry, sofas, beds and mattresses and cased goods at price points of ₹0.30 million to ₹0.50 million
Super-premium furniture brand offering sofas, beds and mattresses and cased goods at price points of ₹0.15 million to ₹0.30 million
Manufacturing of furniture and home goods products for multinational furniture players, included in 'Others' revenue category
Design, production and sale of seating products majority of which can be customized in various configurations such as four seater or three seater sofas, leg options and upholstery options. Products include sofas, sofa-cum-beds, recliners, dining chairs, pouffes, bar stools, and cushions.
Furniture products constructed with a solid outer case, typically made of wood which offer durability and aesthetic, providing functional storage solutions while adding a touch of elegance. Products include coffee tables, dining tables, end tables, and consoles.
Offer a variety of materials, finishes, and styles available with versatile options to suit different design preferences and lifestyle needs. Products include kitchens, wardrobes, laundry/utility units, bar units, shoe racks, and prayer units.
Design, manufacture and sell a range of bed frames and mattresses. Also sell bedding and bedroom accessories such as pillows, which are designed and manufactured by the company.
Provide car seat leather upholstery services for leading global automotive brands and also manufacture footwear that can be customized as per customer requirements.
Design and manufacture customizable footwear in various sizes including half sizes, and sell ancillary products such as lighting and switches that are imported and sold under private labels, and outsourced carpets sold under private labels.
Manufacture, trading and sale of automotive seating covers, furniture, fixtures and accessories
The Group has a single business segment as defined in Indian Accounting Standard 108 on Segment Reporting, namely business of manufacturing and trading of furniture and leather products.
Single business segment encompassing manufacture and trading of automotive seating covers, furniture (sofas, recliners, beds, mattresses, case goods, cabinetry), fixtures and accessories
SWOT Analysis
Strengths
- • Super-premium and luxury furniture brand at scale with vertically integrated model(p.24)
- • Significant retail presence advantage over competitors(p.36)
- • Vertically integrated manufacturing with wide product range(p.36)
- • Growing contribution from franchisee stores(p.41)
- • Strong credit rating upgrade(p.45)
- • Largest and fastest-growing luxury/super-premium furniture brand in India(p.136)
- • Comprehensive offering across multiple price points and categories(p.136)
- • Pan-India presence with strategically located stores(p.136)
- • Vertically integrated manufacturing with skilled craftmanship(p.136)
- • Three times larger retail presence than nearest competitor in luxury/super-premium segment(p.140)
- • Integrated model with complete control over manufacturing and distribution(p.109)
- • Largest luxury/super-premium furniture brand by store count with 3x retail presence of nearest competitor(p.203)
- • Vertically integrated manufacturing and retail model enabling shorter lead times and customization control(p.208)
- • Fastest revenue growth in luxury segment with 46.29% CAGR over three years(p.203)
- • Comprehensive home solutions across price points and product categories(p.204)
- • Skilled in-house craftsmanship creating barrier to entry for competitors(p.209)
- • Expanding geographic presence with first-mover advantage in luxury segment(p.205)
- • Strong profitability with PAT margin of 8.35% in FY 2023, highest among major Indian furniture companies(p.195)
- • Among first Indian companies in super-premium/luxury furniture with presence across multiple price segments(p.213)
- • Vertically integrated manufacturer with pan-India retail presence 3x larger than nearest competitor(p.214)
- • Established retail presence significantly exceeds competitors in luxury/super-premium segment(p.227)
- • Largest importer of leather for furniture manufacturing in India (Fiscal 2023)(p.225)
- • In-house design capability enabling exclusive, rapid product development(p.217)
- • Strong product development with 88 new products in FY2023 and 71 in 9M FY2024(p.217)
- • Robust quality control with dedicated laboratory testing across raw materials and production(p.226)
- • Experienced management with extensive industry background(p.264)
- • Strong financial position with consistent profit growth(p.278)
- • Diversified business portfolio across furniture and automotive segments(p.283)
- • Established brand with trademark assignments(p.266)
- • Integrated manufacturing and retail model with complete control over operations(p.355)
- • Strong brand equity and recognition in super-premium and luxury segments(p.355)
- • Skilled in-house craftmanship and bespoke product capability(p.355)
- • Consistent profitability and strong revenue growth over multiple years(p.356)
- • Pan-India retail presence with mix of COCO and FOFO store formats(p.356)
- • Access to premium quality raw materials from certified international sources(p.356)
- • Strong revenue and EBITDA growth trajectory(p.356)
- • Rapid retail expansion and store network growth(p.372)
- • Strong revenue growth and operational performance(p.374)
- • Consistent profitability improvement(p.377)
- • Diversified product portfolio including new brands(p.374)
- • Improved operational efficiency and margins(p.377)
Weaknesses
- • Brand ownership not fully in company name; trademarks pending registration(p.33)
- • Restrictions on brand use via co-existence agreement with competitor(p.33)
- • High concentration of revenue in southern region(p.22)
- • Heavy dependence on sofas and recliners (56.22% of revenue)(p.36)
- • Low manufacturing capacity utilization(p.44)
- • Dependence on limited leather suppliers with high concentration(p.39)
- • No directors with listed company board experience(p.44)
- • Payment defaults and delays on vehicle loans(p.46)
- • Delays in payment of statutory dues including employee provident fund(p.51)
- • Significant delays in settlement of dues to micro and small enterprises(p.55)
- • Dependence on subsidiaries for store operations creates operational risk(p.47)
- • Exposure to lease renewal risk with rising rental costs(p.47)
- • Regulatory non-compliance history with corporate filings and governance(p.51)
- • Reliance on third-party partners in certain subsidiaries(p.49)
- • High inventory levels relative to current assets(p.60)
- • Dependence on two manufacturing facilities with limited diversification(p.54)
- • Inability to effectively manage retail network expansion could impact profitability of new and existing stores(p.34)
- • Funding requirements and deployment schedule not appraised by independent agency; implementation subject to cost escalation and delays(p.37)
- • Heavy reliance on skilled labour in capital-intensive manufacturing process(p.195)
- • Dependence on imported raw materials particularly leather sourced from Europe(p.200)
- • Concentrated geographic presence with majority stores in metro cities(p.195)
- • High operational costs from providing personalized customer experience and after-sales support(p.187)
- • Trademarks still not fully registered in company name; 42 trademarks objected/opposed(p.233)
- • Dependence on promoter-owned trademark with co-existence agreement limitations(p.233)
- • Trademark use restricted to composite form only under co-existence agreement with Stanley Furniture Company(p.233)
- • Revenue concentration in South region at 82.22% in FY2023 and 79.84% in 9M FY2024(p.230)
- • Low capacity utilization in certain product lines; Mattress segment at 7.81% utilization in 9M FY2024(p.223)
- • Reliance on minority shareholders in certain subsidiaries for location identification and customer access(p.228)
- • High dependence on lease arrangements creating significant financial obligations(p.277)
- • Increasing working capital borrowings creating debt burden(p.304)
- • Concentration of promoter shareholding limiting institutional investor influence(p.266)
- • Credit impairment risk evident in trade receivables(p.300)
- • Trademark and copyright registrations face objections and pending approvals(p.357)
- • Dependence on brand equity concentrated in names owned by single promoter(p.357)
- • Significant ongoing commitment to pay for transferred intellectual property(p.357)
- • High reliance on store locations and real estate availability(p.358)
- • New stores may not achieve profitability quickly and may cannibalize existing store sales(p.358)
- • High employee cost structure represents significant operating expense(p.358)
- • High lease liabilities and finance costs(p.373)
- • Contingent litigation liabilities(p.383)
- • Trademark ownership and registration challenges(p.409)
- • Outstanding RoC show cause notices(p.387)
- • Tax compliance and regulatory matters(p.391)
Opportunities
- • Organized furniture market growing faster than traditional market(p.24)
- • Expanding organized market share from real estate boom(p.24)
- • Planned store expansion across formats and regions(p.25)
- • Capital deployment for manufacturing capacity and equipment(p.25)
- • Franchisee expansion into Tier II and Tier III cities(p.41)
- • Large addressable market with significant growth potential(p.68)
- • Expansion into new geographic regions including international markets(p.57)
- • Growth driven by rising affluence and evolving consumer preferences(p.68)
- • Luxury home interiors market expansion opportunity(p.68)
- • Expansion of product portfolio and store formats(p.60)
- • Expansion of retail store network across new cities and formats(p.108)
- • Opening of anchor stores combining multiple format offerings(p.108)
- • Renovation and modernization of existing stores to enhance performance(p.108)
- • Enhanced manufacturing capabilities through new machinery and equipment investment(p.108)
- • Strong macroeconomic environment in India supporting consumption growth(p.151)
- • Massive market growth with luxury/super-premium furniture expected to grow at 35% CAGR to $2.8 billion by FY 2027(p.161)
- • Growing affluent household segment expanding at 10% annually with rising discretionary spending(p.156)
- • Significant untapped market in Tier 2+ cities with luxury spending growing 30x faster than Tier 1(p.162)
- • Government support through PLI scheme and Make in India promoting domestic furniture manufacturing(p.201)
- • Rising real estate market with luxury/premium properties growing 22% CAGR, driving furniture demand(p.165)
- • Organized furniture retail growing at 36% CAGR, significantly faster than unorganized market(p.204)
- • B2B segment opportunity in premium corporate offices, airports and high-end hospitals(p.212)
- • Expansion into affordable furniture category for customers unable to afford mid-high range products(p.213)
- • Product-specific standalone retail stores for beds/mattresses requiring less customization(p.213)
- • Cross-selling opportunities through diversifying non-furniture portfolio including perfumes(p.213)
- • Technology integration to improve customer experience and reduce operating costs(p.213)
- • Increasing local sourcing of leather to reduce costs and currency exposure(p.225)
- • Engagement with third-party architects through incentive scheme to drive sales(p.231)
- • Expansion through brand registration and new product development(p.297)
- • Growth in capital infrastructure and manufacturing capacity(p.297)
- • International market penetration through export sales(p.307)
- • Strategic acquisition of additional equity stakes in subsidiaries(p.297)
- • Expansion of retail presence within India and abroad leveraging brand appeal(p.358)
- • Growing super-premium and luxury furniture market segment in India(p.355)
- • Leverage integrated model to expand manufacturing capabilities and capacity(p.355)
- • Develop additional sub-brands and extend multi-format store strategy(p.357)
- • Expand geographic footprint across newer cities and markets(p.358)
- • Expansion of retail presence and store count(p.374)
- • Capacity expansion to manage growing demand(p.374)
- • Enhanced product category and brand portfolio(p.374)
- • Domestic sourcing initiatives for cost optimization(p.377)
- • Expansion of manufacturing capabilities(p.377)
Threats
- • Supply chain disruptions for key raw materials including leather(p.22)
- • Exposure to fluctuating import costs and FX volatility(p.39)
- • Customer concentration risk in contract manufacturing (100% from top 5)(p.42)
- • Rapid changes in consumer preferences and customization demands(p.36)
- • Regulatory restrictions on leather use in certain states(p.39)
- • Lack of long-term raw material contracts exposes to price volatility(p.39)
- • No formal market price reference for first-time IPO(p.23)
- • Intense competition from both local and international luxury furniture brands(p.57)
- • Risk of increased competition from foreign players if import duties reduced(p.57)
- • Economic sensitivity and consumer spending volatility(p.69)
- • Dependence on uninterrupted power and fuel supply(p.58)
- • Vulnerability to inflation and inability to fully pass costs to customers(p.71)
- • Foreign exchange exposure and currency fluctuation risks(p.61)
- • Macroeconomic slowdown and political instability in India(p.72)
- • Dependence on specific geographic locations and market preferences(p.113)
- • Potential cost escalations in fit-out, inventory, and security deposits for new stores(p.120)
- • Vendor and machinery cost inflation risks(p.131)
- • Competition in luxury and super-premium furniture segment(p.113)
- • Significant competition from imported European luxury brands with 35-40% import share of luxury/super-premium market(p.189)
- • Imported products have advantage of brand heritage and established global reputation(p.189)
- • Rising import duties on raw materials increasing manufacturing costs relative to finished goods(p.186)
- • Supply chain constraints and longer lead times for imported customized furniture (4-6 months)(p.192)
- • Economic cycles and discretionary spending vulnerability during downturns(p.160)
- • Shortage of skilled labour affecting manufacturing capacity expansion(p.185)
- • Potential foreign brand entries leveraging superior ecosystems and technology adoption(p.191)
- • Highly competitive luxury furniture market with European and local unbranded players(p.232)
- • Competition may create pricing pressures and market share risks affecting business performance(p.232)
- • Dependence on imported raw materials with exposure to foreign exchange and supply chain risks(p.225)
- • Exposure to retail market rental conditions and lease agreement renegotiation risks(p.234)
- • Reliance on state electricity boards for power with facility operational continuity risks(p.225)
- • Exposure to working capital and interest rate fluctuations(p.309)
- • Dependence on key customers and revenue concentration(p.269)
- • Covenant restrictions limiting financial flexibility(p.271)
- • Changes in inventory valuation and potential obsolescence(p.288)
- • Dependence on raw material availability and commodity price volatility(p.358)
- • Foreign currency exchange rate fluctuations affecting raw material costs(p.313)
- • Rising real estate costs and scarcity of suitable retail locations(p.358)
- • Intense competition from established foreign and domestic furniture brands(p.357)
- • Changing consumer preferences and evolving design trends across regions(p.357)
- • Litigation risks including trademark disputes and contingent liabilities(p.339)
- • Foreign exchange volatility(p.384)
- • Import commodity price and cost fluctuations(p.384)
- • Interest rate and credit risk exposure(p.385)
- • Regulatory and tax uncertainties(p.391)
- • Competitive market environment(p.385)
Promoters
| Name | Role | Pre-Issue | Post-Issue |
|---|---|---|---|
| Sunil Suresh | Promoter/Promoter Selling Shareholder | 33.64% | — |
| Shubha Sunil | Promoter/Promoter Selling Shareholder | 33.64% | — |
| Sunil Suresh | Promoter | 17,375,547 Equity Shares (fully diluted basis) | — |
| Shubha Sunil | Promoter | 17,375,533 Equity Shares (fully diluted basis) | — |
| Sunil Suresh | Promoter | 33.64% | [●] |
| Shubha Sunil | Promoter | 33.64% | [●] |
| Suresh S | Promoter Group | Negligible | [●] |
| Not explicitly named | Promoter/Promoter Group | — | — |
| Sunil Suresh | Promoter | 33.64% | — |
| Shubha Sunil | Promoter | 33.64% | — |
| Sunil Suresh | Promoter | 33.68% | — |
| Shubha Sunil | Promoter | 33.68% | — |
| Sunil Suresh | Promoter/Managing Director | — | — |
| Sunil Suresh | Promoter | — | — |
| Shubha Sunil | Promoter | — | — |
| Sunil Suresh | Promoter Selling Shareholder | — | — |
| Shubha Sunil | Promoter Selling Shareholder | — | — |
| Oman India Joint Investment Fund II | Investor Selling Shareholder | — | — |
| Kiran Bhanu Vuppalapati | Individual Selling Shareholder | — | — |
| Sridevi Venkata Vuppalapati | Individual Selling Shareholder | — | — |
Leadership
Sunil Suresh · Promoter/Managing Director
Shubha Sunil · Promoter/Whole Time Director
Akash Shetty · Company Secretary and Compliance Officer
Pradeep Kumar Mishra · Chief Financial Officer
Auto-extracted from the company's RHP using AI, with each fact linked to its source passage (hover any row to see the quote & page). Provided for research only, not investment advice — verify against the official RHP before relying on it.
Stanley Lifestyles IPO FAQs
What is the lot size of Stanley Lifestyles IPO?
The minimum lot size of Stanley Lifestyles IPO is 40 shares. One lot costs ₹14,760 at the cut-off price.
When does Stanley Lifestyles IPO open and close?
Stanley Lifestyles IPO opened for subscription on 21 Jun 2024 and closed on 25 Jun 2024.
What is the listing date of Stanley Lifestyles IPO?
Stanley Lifestyles IPO listed on 28 Jun 2024.