How To Check Stanley Lifestyles IPO Allotment Status

Stanley Lifestyles’ IPO, which opened on Friday, June 21, and closed on Tuesday, June 25, is finalizing the IPO allotment status today, Wednesday, June 26. The IPO comprises a fresh issue and an offer for the sale of 9,133,454 equity shares by the promoters and shareholders.

If you applied for the IPO, here is how you can check the Stanley Lifestyles IPO allotment status:

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Checking Allotment Status on Registrar’s Website:

1. Visit the registrar’s website.
2. Click on “Company Selection” and choose “Stanley Lifestyles” from the dropdown menu.
3. Enter your PAN, application number, or Demat account number.
4. Click “Submit” to retrieve the Stanley IPO allotment status.

Checking IPO Allotment Status on BSE:

1. Go to the BSE website.
2. Click on the ‘Equity’ section and select “Stanley Lifestyles” from the dropdown menu.
3. Enter your application number or PAN.
4. Click on the ‘Search’ button.
5. The result will show the number of shares allotted to you.

If all the details are entered correctly and the allotment has been finalized, the Stanley Lifestyles IPO allotment status will be visible.

Stanley IPO Subscription Status

On the final day of bidding, the Stanley Lifestyles IPO saw a robust response from investors, with a total subscription of 96.98 times. The non-institutional investors’ portion was subscribed 119.52 times, while the retail investors’ category received 19.21 times subscription. The Qualified Institutional Buyers (QIBs) subscribed 222.10 times to their designated portion.

The IPO’s allocation structure reserves 50% of the shares for QIBs, 15% for Non-Institutional Investors (NIIs), and 35% for Retail Investors, ensuring a broad investor base.

Stanley IPO GMP

The Stanley Lifestyles IPO’s GMP (Grey Market Premium) is currently reported at ₹163, a drop from the ₹177 reported yesterday at the close of bidding. With the IPO’s price band set at ₹369, the expected listing price is ₹532, indicating a potential gain of approximately 44% on the listing. However, it’s important to remember that while GMPs can offer some insight into market sentiment, they are not always a reliable predictor of a stock’s performance upon listing.

Stanley IPO Details

Stanley Lifestyles’ IPO aims to raise funds for opening new stores and purchasing new machinery. The company plans to open 24 stores in Delhi, Tamil Nadu, Telangana, and Maharashtra through its subsidiaries between 2025 and 2027. Before the IPO launch, Stanley Lifestyles secured over ₹161 crores from anchor investors.

Shares are scheduled for allotment on June 26, with listing on the BSE and NSE set for June 28. Founded in 2007, Stanley Lifestyles designs and manufactures super-premium, luxury, and ultra-luxury furniture under the brand “Stanley.”