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Stanley Lifestyles Ltd
Stanley Lifestyles Ltd
Registered Office : SY.# 16/2 & 16/3 Part Hosur Rd,Veerasandra Vi. Attibele Hobli,Bangalore Karnataka 560100 Phone : +91 80 6895 7200
Fax :
Email : investors@stanleylifestyles.com
Website : www.stanleylifestyles.com
Initial public offer of 14,553,508 equity shares of face value of Rs. 2 each ("Equity Shares") of Stanley Lifestyles Limited ("Company" or "Issuer") for cash at a price of Rs. 369 per equity share (including a share premium of Rs. 367 per equity share) ("Offer Price") aggregating up to Rs. 537.02 crores comprising a fresh issue of 5,420,054 equity shares aggregating up to Rs. 200.00 crores by the company ("Fresh Issue") and an offer for sale of 9,133,454 equity shares aggregating up to Rs. 337.02 crores ("Offered Shares") by the selling shareholders, comprising 1,182,000 equity shares aggregating to Rs. 43.62 crores by Sunil Suresh and 1,182,000 equity shares aggregating to Rs. 43.62 crores by Shubha Sunil (collectively the "Promoter Selling Shareholders"), up to 5,544,454 equity shares aggregating to Rs. 204.59 crores by Oman India joint investment fund ii, acting through its trustee oman india joint investment fund trustee company private limited, represented by its investment manager, oman india joint investment fund - management company private limited ("Oman India joint investment fund ii") (the "Investor Selling Shareholder"), and 1,000,000 equity shares aggregating to Rs. 36.90 crores by Kiran Bhanu Vuppalapati, and 225,000 equity shares aggregating to Rs. 8.30 crores by Sridevi Venkata Vuppalapati (collectively "Individual Selling Shareholders") (the promoter selling shareholders, the investor selling shareholder and the individual selling shareholders, collectively referred to as the "Selling Shareholders") ("Offer for Sale", together with the fresh issue, the "Offer"). The face value of equity shares is Rs. 2 each. The offer price is 184.50 times the face value of the equity shares.
Opens On
Closes On
21-Jun-2024
25-Jun-2024
Application
Allotment
369.00
0.00
Minimum Application for shares in Nos : 40.0 Further Multiples of : 40.0
₹Cr
Lead Managers to the Issue
Project Cost (₹.Cr)
Project Financed through Current Offer (₹.Cr)
Post Issue Equity Share Capital (₹.Cr)
Issue Price (₹.Cr)
181.09
537.02
11.40
369.00
Axis Capital Ltd
ICICI Securities Ltd
JM Financial Ltd
SBI Capital Markets Ltd
- Expenditure for opening the new tores
- Expenditure for opening the anchor stores
- Expenditure for renovation of the existing stores
- Funding the capital expenditure requirements for purchase of new machinery and equipment by the company and its material subsidiary SOSL
- General corporate purposes
- Sunil Suresh
- Shubha Sunil
- BSE
- NSE
- KFin Techologies Ltd