Stanley Lifestyles IPO
The IPO details you shared seem to be from an older announcement,likely before June 21st, 2024.
The actual IPO took place between June 21st and June 25th, 2024, and the subscription window is now closed.
The public offering was reportedly well-received, being fully subscribed on the first day itself and oversubscribed by more than 5 times by the second day.
The IPO size was planned to be around Rs 600-700 crore.
The company intended to utilize the funds for expansion across India and launching overseas operations.Stanley Lifestyles is a Bangalore-based company with a network of factories and retail stores under the name “Stanley Boutique”.
They specialize in high-end furniture and leather accessories and also do contract manufacturing for renowned brands like Ikea and La-Z-Boy.