Stanley Lifestyles Ltd - Prospectus Synopsis

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.

IssueMoney Payable On
Opens OnCloses OnApplicationAllotment
6/21/2024 12:00:00 AM 6/25/2024 12:00:00 AM Rs 369 - 0Rs 0 - 0
Minimum Application for shares in Nos : 40 Further Multiples of : 40
 Rs CrLead 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 PriceRs. 369 
Projects
Expenditure for opening the new tores
Promoted ByListing AtRegistrar to the Issue
Shubha Sunil
Sunil Suresh
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