The Stanley Lifestyles IPO is scheduled to open for subscription on June 21, 2024, and close on June 25, 2024.
Stanley IPO Key details:
- Company: Stanley Lifestyles Ltd.
- Issue size: ₹537.02 Crores
- Price band: ₹351 to ₹369 per share
- Minimum order quantity (lot size): 40 shares
- Listing: BSE, NSE
- Tentative listing date: June 28, 2024
Company overview:
Stanley Lifestyles is a leading player in the premium furniture segment in India. They design and manufacture super-premium, luxury, and ultra-luxury furniture products and sell them under the brand “Stanley.”
Stanley IPO objectives:
The IPO aims to raise funds for various purposes, including:
- Repayment/prepayment of borrowings
- Funding working capital requirements
- General corporate purposes
Stanley IPO Grey Market Premium (GMP):
The current GMP for the Stanley IPO is not available as the IPO is yet to open for subscription.