Stanley Lifestyles has received the Securities and Exchange Board of India’s (SEBI's) approval to float an initial public offering (IPO). The IPO comprises fresh issuance of equity shares worth Rs 200 crore and an OFS component of 91.33 lakh equity shares by the company's promoters, investor and other shareholders. The equity shares are proposed to be listed on the BSE and NSE.
Proceeds from the fresh issue to the tune of Rs 90.13 crore will be used by the company for opening the new stores, Rs 39.99 crore expenditure for opening the anchor stores and Rs 10.04 crore expenditure for renovation of existing stores. Additionally, funds to the tune of Rs 8.18 crore for funding the capital expenditure requirements for purchase of new machinery and equipment by the company and its material subsidiary, SOSL (Stanley OEM Sofas Ltd), and for general corporate purposes.
Stanley Lifestyles is a luxury furniture brand with a market share of 5.61 per cent in terms of revenue. It is also among the few home-grown luxury consumer brands in the country operating at scale in terms of manufacturing as well as retail operations.
| Company Name | CMP |
|---|---|
| Hindustan Unilever | 2155.60 |
| Godrej Consumer Prod | 1078.30 |
| Dabur India | 436.40 |
| Colgate Palmol. (I) | 1939.50 |
| P&G Hygiene | 9801.50 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: