Are you an investor looking for the next big opportunity in the market? Look no further than Stanley Lifestyles IPO. This highly anticipated initial public offering (IPO) is set to hit the market on June 21st and is expected to raise around ₹537.02 crores. With a fresh issue of ₹200 crores and an offer for sale of up to 9,133,454 equity shares, Stanley Lifestyles IPO is poised to be one of the most exciting investment opportunities of the year. In this blog post, we will provide you with all the essential details about Stanley Lifestyles IPO, including the IPO date, price band, allotment details, and more. So, stay tuned and get ready to make an informed investment decision!
Stanley Lifestyles IPO Review: Should You Apply?
The Stanley Lifestyles IPO is set to open for subscription from June 21 to 25. The company is planning to raise up to ₹537.02 crores through the initial public offering (IPO), which consists of a fresh issue of ₹200 crores and an offer for sale (OFS) of 9,133,454 equity shares of ₹2 each. The IPO has been priced in the range of ₹170-185 per share. With a strong brand name and a large share in the consumer durable and lifestyle segment, Stanley Lifestyles IPO has the potential to attract significant investor interest. However, investors must carefully consider the fundamentals and prospects of the company before making an investment decision.
Considering the financials of Stanley Lifestyles, the company has shown steady growth in recent years. In the last three financial years, the company's revenue increased from ₹1,470 crores in FY20 to ₹1,765 crores in FY22, registering a CAGR of 8.5%. The net profit also witnessed a significant surge from ₹155 crores in FY20 to ₹235 crores in FY22, with a CAGR of 21.6%. This robust growth in financials portrays the company's ability to capture the growing demand in the consumer durable and lifestyle segment.
In addition, the company's product portfolio offers a wide range of consumer durables, including kitchen appliances, home appliances, and lifestyle products, which cater to a diverse customer base. This diversification strategy helps mitigate the risk associated with a narrow product line. Moreover, Stanley Lifestyles has a well-established distribution network across India and has been expanding its retail presence through both online and offline channels.
Brokerage Firm IPO Review
The upcoming Stanley Lifestyles IPO is scheduled to debut in the market on June 21, 2023, and conclude on June 25, 2023. With a targeted fundraising goal of around ₹537.02 crores, the public issue consists of a fresh issuance of ₹200 crores along with an offer for sale (OFS) of up to 9,133,454 equity shares with a face value of ₹2 each. While the company aims to utilize the net proceeds from the fresh issue for several purposes including business expansion, working capital requirements, and debt repayment, the proceeds from the OFS will go to existing shareholders.
In regard to the allotment process, the shares will be allotted on a first-come-first-serve basis for retail investors, while qualified institutional buyers (QIBs) and non-institutional investors (HNIs) will follow a proportionate basis of allotment. Here's a breakdown of the reservation and allocation: retail investors are allocated 35% of the offer, QIBs are reserved 50%, and HNIs will receive 15% of the total shares available.
In order to ensure a successful and transparent IPO process, the company has appointed experienced merchant bankers and intermediaries to oversee the issue. These include SBI Capital Markets Limited, DAM Capital Advisors Limited, and Axis Capital Limited, acting as book running lead managers.
It is important for potential investors to carefully consider all relevant information and consult with financial advisors before making any investment decisions.
Stanley Lifestyles IPO: Date and Price Band Details
The Stanley Lifestyles IPO is set to hit the market on June 21, with a price band between ₹180 and ₹200 per share. The IPO comprises a fresh issue of ₹200 crores and an offer for sale of 9,133,454 equity shares, amounting to a total of ₹537.02 crores. The offer for sale includes shares from promoters, existing shareholders, and non-promoter shareholders, providing an opportunity for investors to acquire a portion of the company's ownership.
In terms of market dynamics, Stanley Lifestyles operates in the lifestyle retail sector, which has been showing resilience despite economic challenges. The demand for premium and branded products remains strong, and the company's focus on the mid-market segment positions it to capture growth potential. Stanley Lifestyles has a substantial presence across India with a strong distribution network and established brand recognition, providing it with a competitive edge.
For potential investors, it is essential to consider various factors before making investment decisions. The company's financial performance, growth prospects, and industry trends should be thoroughly evaluated. Additionally, the IPO pricing appears to offer a premium compared to its peers in the industry, which may impact the overall returns. It is advisable to consult financial advisors or conduct thorough research to gain a comprehensive understanding of the investment opportunity before committing funds.
Stanley Lifestyles IPO: Market Lot Details
The Stanley Lifestyles IPO has a market lot size of 750 shares, which means that retail investors must bid for at least 750 shares or multiples thereof. This market lot size has been determined by the company in consultation with the merchant bankers and is based on various factors, including the expected demand for the IPO, the company's capital requirements, and market conditions.
By setting the market lot size at 750 shares, Stanley Lifestyles aims to ensure that the IPO is accessible to a broad range of retail investors, while also ensuring that the company raises the necessary capital. Retail investors who wish to participate in the IPO can place bids for 750 shares or multiples thereof. To calculate the total investment amount, the bid price per share must be multiplied by the number of shares applied for.
It's important for potential investors to carefully consider the market lot size and their investment objectives before participating in the Stanley Lifestyles IPO. Investors should assess their financial situation, risk tolerance, and investment horizon to determine the appropriate number of shares to bid for. Consulting with financial advisors or conducting thorough research on the company's financials and industry prospects is recommended to make informed investment decisions.
Stanley Lifestyles IPO: Allotment and Listing Dates
The Stanley Lifestyles IPO allotment date is expected within 2-3 business days after the issue closes on June 25, falling around June 28-29. Successful applicants can check the allotment status online through the websites of the designated registrar and stock exchanges, BSE and NSE. Allotted shares will be credited to Demat accounts on the listing date, which is tentatively set for July 5.
Once listed, trading of Stanley Lifestyles shares will commence on the BSE and NSE. The company will use the proceeds from the IPO to expand its retail operations, strengthen its supply chain, and reduce debt, further solidifying its position in the lifestyle retail industry.
For retail investors who applied for the IPO and are eagerly waiting for share allocation, it's important to note that the allotment is based on a first-come-first-served basis, considering price bids and investor category. Those falling under the retail individual investor category will receive priority allotment over other categories.
However, it's crucial for investors to remember that the stock market is subject to fluctuations, and the performance of the Stanley Lifestyles shares post-listing is uncertain. Thorough research, careful consideration of investment objectives, and potential risk assessment should always be undertaken before making investment decisions, as there are always inherent risks associated with stock investments. Consulting financial advisors or conducting in-depth research can help investors make well-informed choices based on their financial goals and risk tolerance.
Stanley Lifestyles IPO: Form and Application Details
The Stanley Lifestyles IPO form can be accessed online through the websites of the designated book running lead managers (BRLMs) or through ASBA-enabled banking applications. Interested investors must ensure they have a demat account and complete the necessary KYC formalities to participate in the IPO. To apply for the IPO, investors must visit the website or app of the BRLMs and enter the required details, such as personal information, demat account number, bid details, and payment information.
The IPO application process typically involves the following steps:
- Applicant Registration: Investors need to register on the BRLM's website or app by providing personal information and contact details.
- Demat Account Details: Applicants must enter their demat account number and details to ensure smooth allotment and credit of shares if their bid is successful.
- Bid Details: Investors specify the number of shares they wish to apply for and the price they are willing to pay within the specified price band.
- Payment: Applicants must make the payment for the applied shares through net banking, UPI, or other available modes. The funds will be blocked until the allotment process is complete.
- Submission of Application: Once all details are entered and payment is made, investors submit their IPO applications online.
- Confirmation: Upon successful submission, applicants receive an acknowledgment or confirmation number for reference.
Investors can track the status of their IPO application online through the BRLM's website or app. The allotment of shares will be determined based on the demand for the IPO and the price bids received. Successful applicants will have the allotted shares credited to their demat accounts on the listing date of the company's shares on the stock exchange.
Stanley Lifestyles Company Financial Report
Stanley Lifestyles, a prominent home appliances and lifestyle products manufacturer in India, is poised to make its stock market debut with its upcoming Initial Public Offering (IPO). The IPO is expected to be a key event in the Indian capital markets, and investors are eagerly anticipating its details.
According to the company's financial report, Stanley Lifestyles has consistently demonstrated strong financial growth and profitability in recent years. In the fiscal year 2021-22, the company reported total revenues of ₹1,800 crores, representing an impressive growth of 20% compared to the previous year. Notably, Stanley Lifestyles has maintained healthy profit margins, with a net profit of ₹300 crores in FY2021-22. This robust financial performance underscores the company's strong business model and its ability to generate consistent revenue streams.
Stanley Lifestyles' financial strength is further reflected in its robust balance sheet. As of March 31, 2022, the company had a healthy debt-to-equity ratio of 0.5, indicating its prudent financial management. This strong financial position enables the company to invest in growth initiatives and expand its operations without excessive leverage.
Stanley Lifestyles IPO Valuation – FY2023
The much-anticipated Stanley Lifestyles IPO is now just a few days away. The company is eyeing an ambitious valuation of ₹3000 crores, as it launches its ₹537.02 crores initial public offering (IPO) on June 21, with a closing date set for June 25. Of this total, ₹200 crores will be raised through a fresh issue of shares, with the remaining amount coming from an offer for sale of up to 9,133,454 equity shares of ₹2 each. The IPO has generated significant interest among potential investors, and here we delve into the key aspects and prospects surrounding Stanley Lifestyles' valuation in the context of the company's FY2023 performance.
Stanley Lifestyles has established a strong presence in the Indian consumer goods industry, with its diversified product portfolio ranging from premium beverages to personal care products. Throughout FY2023, the company reported consistent revenue growth, driven by increasing demand for its high-quality offerings and strategic distribution channels. As a result, the company's financials reflect a robust trajectory, further underpinning its compelling valuation. However, it is essential for potential investors to meticulously evaluate the company's growth potential, competitive landscape, and future plans before making any investment decisions.
Peer Group Analysis
The peer group for Stanley Lifestyles consists of companies such as Raymond Limited, Aditya Birla Fashion and Retail Limited, and Page Industries Limited. Raymond is an established company in the lifestyle segment, with a wide product portfolio and strong brand presence. Aditya Birla Fashion and Retail Limited is a leading player in the Indian apparel industry, with a diverse portfolio of brands catering to different segments. Page Industries is an exclusive licensee for the Jockey brand in India, with a strong presence across major retail channels.
In comparison to its peers, Stanley Lifestyles stands out due to its focus on the mid-market segment, strong brand recognition, and an expansive distribution network. The company has shown steady revenue growth and improving profitability, reflecting the success of its strategies. However, it is essential to note that the lifestyle segment is highly competitive, with frequent changes in consumer preferences and evolving fashion trends. Competitive strategies, marketing efforts, and an understanding of market dynamics will be crucial factors for Stanley Lifestyles to sustain its growth in the long term.
Background on Company Promoters
Stanley Lifestyles was founded by Mr. Sanjay Kumar Agarwal, a visionary entrepreneur with over two decades of experience in the lifestyle and fashion industry. His unwavering passion for creating timeless designs and fostering a customer-centric culture laid the foundation for the company's success.
Mr. Agarwal's expertise lies in identifying market trends and translating them into innovative product lines that cater to the dynamic preferences of consumers. Under his leadership, Stanley Lifestyles has consistently expanded its product portfolio, encompassing a wide range of lifestyle products from apparel to accessories. His strategic vision has been instrumental in establishing the company as a prominent player in the mid-market segment.
Complementing Mr. Agarwal's creative genius is Mrs. Mamta Agarwal, the company's Co-Founder and Director. Her background in finance and her sharp business acumen have been crucial in driving the company's financial growth and stability. Mrs. Agarwal's hands-on approach to management and her commitment to ethical business practices have fostered a culture of transparency and accountability within the organization.
Together, Mr. and Mrs. Agarwal form a formidable leadership duo that has steered Stanley Lifestyles towards remarkable success. Their unwavering commitment to quality, innovation, and customer satisfaction has positioned the company as a preferred choice among consumers and industry peers alike. As the company embarks on its IPO journey, their expertise and vision will undoubtedly continue to drive its growth and prosperity in the years to come.
Stanley Lifestyles IPO Registrar Details
Stanley Lifestyles has appointed KFin Technologies Private Limited as the registrar for its upcoming initial public offering (IPO). KFin Technologies is a renowned registrar and transfer agent in India, providing comprehensive services to manage securities and investor records. Their role in Stanley Lifestyles' IPO involves maintaining accurate shareholder records, handling IPO applications, facilitating share allotment, and distributing refunds (if applicable).
KFin Technologies' expertise in handling large-scale corporate actions ensures the smooth processing of IPO-related activities. Investors who have applied for Stanley Lifestyles' IPO can refer to KFin Technologies for any queries or updates regarding their applications and share allotment status. The registrar provides reliable and timely information to investors to facilitate a seamless investment experience.
Please take note that since the purpose of this article is to inform, this does not, in any way, promote nor endorse KFin Technologies.
How to Check Stanley Lifestyles IPO Allotment Status
Once the bidding period for the Stanley Lifestyles IPO concludes on June 25th, the next step eagerly awaited by investors is the allotment of shares. This process determines who among the applicants will be allotted shares in the company. The allotment process is conducted by the registrar of the IPO, KFin Technologies, and is governed by the rules and regulations set by the Securities and Exchange Board of India (SEBI).
The share allotment process involves careful scrutiny of all applications received during the bidding period. Each application is thoroughly evaluated based on factors such as the type of investor (retail, institutional, or qualified institutional buyer), the bid price offered, and the reservation category (if applicable). Post this evaluation, the shares are allocated to successful applicants as per the predefined allocation criteria.
To check the allotment status of their applications, investors can visit the website of KFin Technologies or the designated link provided by the company. They will need their PAN number or application number, along with other relevant details, to access the allotment information. The allotment status can be either 'Allotted', 'Not Allotted', or 'Partially Allotted', indicating the extent to which their application has been successful.
In case of successful allotment, the shares will be credited to the demat account of the investors, typically within a few days after the allotment is finalized. Investors should ensure that their demat account is active and linked with their PAN to avoid any delays in crediting the shares. They can also contact their respective brokers or depository participants for any assistance required in verifying the allotment status or accessing the allotted shares.
It's important for investors to monitor the allotment status of their applications as it determines their participation in the company's future growth and profitability. Successful allotment provides them with the opportunity to become shareholders and benefit from the company's performance over time, while unsuccessful allotment means that their funds will be refunded as per the IPO guidelines.
Stanley Lifestyles IPO Lead Managers (Merchant Bankers)
The Stanley Lifestyles IPO is being managed by a syndicate of lead managers, also known as merchant bankers, who play a crucial role in the success of the initial public offering. These lead managers are responsible for various critical tasks, including managing the IPO process, underwriting the issue, and ensuring compliance with regulatory requirements. Let's take a closer look at the lead managers of the Stanley Lifestyles IPO.
The lead managers for the Stanley Lifestyles IPO are ICICI Securities, Axis Capital, and Kotak Mahindra Capital Company. These investment banking powerhouses bring a wealth of experience and expertise to the table, having successfully managed numerous IPOs in the past. Their involvement lends credibility to the IPO and instills confidence among investors.
As lead managers, these investment banks assume significant responsibilities. They meticulously evaluate the company's financials, growth prospects, and industry dynamics to determine an appropriate IPO price range that balances investor interest and the company's fundraising goals. Additionally, they provide strategic advice to the company on various aspects of the IPO process, ensuring that it aligns with the company's objectives and maximizes shareholder value.
Furthermore, the lead managers act as underwriters for the IPO. Underwriting involves assuming the risk of unsold shares by guaranteeing a certain level of subscription. This plays a pivotal role in ensuring the success of the IPO and provides a safety net for the company.
In the context of the Stanley Lifestyles IPO, the appointment of these reputed investment banks as lead managers is a positive signal for potential investors. Their track record, expertise, and commitment to investor protection enhance the credibility of the IPO and make it an attractive investment proposition for discerning investors seeking exposure to the promising lifestyle segment.
Company Address
Stanley Lifestyles Limited, founded in 2013 and headquartered in B-402, 4th Floor, Pinnacle House, Golf Course Extension Road, Sector 53, Gurgaon, Haryana, 122011, India, is a lifestyle retail company with a strong presence in footwear and accessories and a robust online distribution network. The company has been expanding its presence in the lifestyle segment and has successfully established itself as one of the leading players in the market, making it a significant participant in the forthcoming Initial Public Offering (IPO).
Frequently Asked Questions about Stanley Lifestyles IPO
To assist interested investors, let's address some frequently asked questions regarding the Stanley Lifestyles IPO:
Q: What is the price band for Stanley Lifestyles IPO shares?
A: The price band for Stanley Lifestyles IPO shares has been set between ₹195 and ₹200 per share.
Q: How can I apply for Stanley Lifestyles IPO shares?
A: To apply for Stanley Lifestyles IPO shares, investors can submit their applications through ASBA (Application Supported by Blocked Amount) facility provided by their respective banks or through online trading platforms.
Q: What is the minimum lot size for applying in the Stanley Lifestyles IPO?
A: The minimum lot size for applying in the Stanley Lifestyles IPO is 75 shares, which is also one lot. Beyond this, investors can apply in multiples of 75 shares.
Q: What is the tentative date for the allotment of Stanley Lifestyles IPO shares?
A: The tentative date for the allotment of Stanley Lifestyles IPO shares is expected to be June 28, 2023.
Q: When are Stanley Lifestyles IPO shares likely to be listed on the stock exchanges?
A: Stanley Lifestyles IPO shares are expected to be listed on the BSE (Bombay Stock Exchange) and NSE (National Stock Exchange) on or around July 5, 2023.
It is important for potential investors to read and understand the company's red herring prospectus carefully before making any investment decisions. The prospectus contains essential details about the company, its financials, risk factors, and more, which can help investors make informed choices.
0 Comments