Stanley Lifestyles Ltd
Registered Office : SY.# 16/2 & 16/3 Part Hosur Rd , Veerasandra Vi. Attibele Hobli , Bangalore - 560100 , Karnataka , India.
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.
Issue | Money Payable On | ||
---|---|---|---|
Opens On | Closes On | Application | Allotment |
6/21/2024 12:00:00 AM | 6/25/2024 12:00:00 AM | Rs 369 - 0 | Rs 0 - 0 |
Minimum Application for shares in Nos : 40 Further Multiples of : 40 | |||
Rs Cr | Lead Managers to the Issue | |
---|---|---|
Project Cost | 181.09 | Axis Capital Ltd |
Project Financed through Current Offer | 537.02 | |
Post Issue Equity Share Capital | 181.09 | |
Issue Price | Rs. 369 |
Projects |
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Expenditure for opening the new tores |
Promoted By | Listing At | Registrar to the Issue | ||
---|---|---|---|---|
| - | KFin Techologies Ltd |
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ATTENTION INVESTORS
www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Risk Disclosure on Derivatives
Copyright © IIFL Securities Ltd. All rights Reserved.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
We are ISO 27001:2013 Certified.
This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.