Stanley Lifestyles IPO is a book built issue of Rs 537.02 crores. The issue is a combination of fresh issue of 0.54 crore shares aggregating to Rs 200.00 crores and offer for sale of 0.91 crore shares aggregating to Rs 337.02 crores.
Stanley Lifestyles IPO bidding started from June 21, 2024 and ended on June 25, 2024. The allotment for Stanley Lifestyles IPO was finalized on Wednesday, June 26, 2024. The shares got listed on BSE, NSE on June 28, 2024.
Stanley Lifestyles IPO price band is set at ₹351 to ₹369 per share. The minimum lot size for an application is 40 Shares. The minimum amount of investment required by retail investors is ₹14,760. The minimum lot size investment for sNII is 14 lots (560 shares), amounting to ₹206,640, and for bNII, it is 68 lots (2,720 shares), amounting to ₹1,003,680.
Axis Capital Limited, ICICI Securities Limited, Jm Financial Limited and SBI Capital Markets Limited are the book running lead managers of the Stanley Lifestyles IPO, while Kfin Technologies Limited is the registrar for the issue.
Refer to Stanley Lifestyles IPO RHP for detailed information on SEBI.
Stanley Lifestyles IPO Details
| IPO Date | June 21, 2024 to June 25, 2024 |
| Listing Date | June 28, 2024 |
| Face Value | ₹2 per share |
| Price Band | ₹351 to ₹369 per share |
| Lot Size | 40 Shares |
| Total Issue Size | 14,553,508 shares (aggregating up to ₹537.02 Cr) |
| Fresh Issue | 5,420,054 shares (aggregating up to ₹200.00 Cr) |
| Offer for Sale | 9,133,454 shares of ₹2 (aggregating up to ₹337.02 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 51,597,168 |
| Share holding post issue | 57,017,222 |
Stanley Lifestyles IPO Timeline (Tentative Schedule)
Stanley Lifestyles IPO opens on June 21, 2024, and closes on June 25, 2024.
| IPO Open Date | Friday, June 21, 2024 |
| IPO Close Date | Tuesday, June 25, 2024 |
| Basis of Allotment | Wednesday, June 26, 2024 |
| Initiation of Refunds | Thursday, June 27, 2024 |
| Credit of Shares to Demat | Thursday, June 27, 2024 |
| Listing Date | Friday, June 28, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on June 25, 2024 |
Stanley Lifestyles IPO Lot Size
Investors can bid for a minimum of 40 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 40 | ₹14,760 |
| Retail (Max) | 13 | 520 | ₹191,880 |
| S-HNI (Min) | 14 | 560 | ₹206,640 |
| S-HNI (Max) | 67 | 2,680 | ₹988,920 |
| B-HNI (Min) | 68 | 2,720 | ₹1,003,680 |
Stanley Lifestyles IPO Promoter Holding
Sunil Suresh and Shubha Sunil are the promoters of the company.
| Share Holding Pre Issue | 67.36% |
| Share Holding Post Issue | 56.81% |
Stanley Lifestyles IPO Subscription Status Live
Stanley Lifestyles IPO subscribed 97.16 times. The public issue subscribed 19.08 times in the retail category, 215.62 times in QIB, and 121.42 times in the NII category by June 25, 2024 (Day 3).
Total Application : 2,156,995 (16.94 times)
Disclaimer: *The total amount is calculated based on the final issue price or the price in the upper price range.
Stanley Lifestyles IPO (Day-wise) Subscription Details
| Date | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Day 1 June 21, 2024 | 0.29 | 2.12 | 2.12 | 1.59 |
| Day 2 June 24, 2024 | 0.71 | 9.07 | 6.33 | 5.31 |
| Day 3 June 25, 2024 | 215.62 | 121.42 | 19.08 | 97.16 |
Allotment
Stanley Lifestyles IPO allotment is expected on June 26, 2024.
The basis of allotment for Stanley Lifestyles IPO is available now.
To check Stanley Lifestyles IPO allotment status, follow the steps below:
- Click on the below allotment status check button.
- Select Company Name.
- Enter your PAN Number, Application Number or DP Client ID (Anyone).
- Click on Search.
On securing the allotment, you will receive the credit of equivalent shares in your Demat account.
If you have any concerns or queries about the allotment status, contact Kfin Technologies Limited either by phone or email. Investors can call on 04067162222, 04079611000 or send an email with all relevant details to sll.ipo@kfintech.com.
Step-by-step guide to check status
Investors who have bid for the Stanley Lifestyles IPO can check their allotment status online. They can log in to either the BSE website or the website of Kfin Technologies Limited Bangalore, the registrar for the issue.
Steps to check allotment through the BSE website:
Go to the BSE website by clicking here.
Click on ‘Equity’.
Choose ‘Stanley Lifestyles Limited‘ from the list.
Put in your application number and PAN card ID.
Confirm that you’re not a robot and submit.
Steps to check allotment through Kfin Technologies Limited
Visit the Kfin Technologies Limited website.
Select ‘Stanley Lifestyles Limited’.
Choose the Application Number/Demat Account/PAN option and enter the details.
Enter the Captcha.
Click on the ‘SUBMIT’ option.
Stanley Lifestyles IPO latest GMP
The last Grey Market Premium (GMP) for Stanley Lifestyles IPO was Rs 163, as of June 26, 2024 at 9:55 AM.
FAQ
What is the lot size of Stanley Lifestyles IPO?
Stanley Lifestyles IPO lot size is 40 Shares, and the minimum amount required is ₹14,760.
When is Stanley Lifestyles IPO allotment?
The finalization of Basis of Allotment for Stanley Lifestyles IPO will be done on Wednesday, June 26, 2024, and the allotted shares will be credited to your demat account by Thursday, June 27, 2024.
When is Stanley Lifestyles IPO listing date?
The Stanley Lifestyles IPO listing date is on June 28, 2024.