Registered Office:
SY.# 16/2 & 16/3 Part Hosur Rd,Veerasandra Vi. Attibele Hobli,
Bangalore
-
560100,
Phone : +91 80 6895 7200
Fax : NA
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
Application
Allotment
21-Jun-24
25-Jun-24
369.00-0.00
0.00-0.00
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
11.40