Stanley Lifestyles Limited was originally formed as a Partnership Firm under the Partnership Act, 1932, in the name of Stanley Seating' through a Deed of Partnership dated February 1, 2007. The Company thereafter, incorporated as a Public Limited Company as Stanley Lifestyles Limited' upon its conversion from a Partnership Firm vide a fresh Certificate of Incorporation dated October 11, 2007 and a Certificate for Commencement of Business dated December 14, 2007 from the RoC. The Company is engaged in the business of manufacturing and trading of furniture and leather products. It operates two advanced manufacturing facilities in Bengaluru, Karnataka, strategically located in
Electronic City and Jigani.
The Promoters commenced operations by providing car seat leather upholstery services for leading global automotive brands and subsequently transitioned to retailing luxury furniture in India. By offering luxury leather upholstery, the Company opened retail store in Bengaluru, Karnataka in 2011. Further they transformed into a comprehensive provider of home solutions and are the only super-premium and luxury Indian brand that provide a wide range of home solutions offerings, such as sofas, arm chairs, kitchen cabinets, beds, mattresses and pillows, amongst others.
In 2011, the Company opened its first franchisee owned franchisee operated store in Kochi, Kerala; operated store in Bengaluru, Karnataka in 2012 and thereafter, opened in Chennai, Tamil Nadu. In 2018, the Compa ...ny incorporated a Subsidiary, Shrasta Décor Private Limited (SDPL) and opened their first operated store in Hyderabad. It opened first store under Stanley Level Next' format to offer luxury products in 2019. The Company increased the count to 25 stores in 2021. In 2022, it expanded the network of stores by opening first company owned company operated' store in Delhi, which has increased the store count to more than 50 stores in 2023.
The Company launched an IPO by issuing 14,553,508 Equity Shares having the face value of Rs 2 each, by raising funds aggregating to Rs 537 Crore, comprising a fresh issue of 5,420,054 Equity Shares aggregating to Rs 200 Crore and 9133454 equity shares aggregating to Rs 337 Crore through offer for sale in June, 2024.
The Company launched 9 new stores in FY 2025, taking the count of stores to 68.
FAQs on Stanley Lifestyles Ltd
1. Can I buy Stanley Lifestyles Ltd from PL Capital? ›
Yes, you can invest in Stanley Lifestyles Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Stanley Lifestyles Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Stanley Lifestyles Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Stanley Lifestyles Ltd pay dividends? ›
Stanley Lifestyles Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Stanley Lifestyles Ltd ? ›
As of
01-Jan-1980 , 00:00:00 the share price for Stanley Lifestyles Ltd. is ₹ 178.22 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Stanley Lifestyles Ltd ? ›
The 52-week high and low of Stanley Lifestyles Ltd share price is ₹ - ₹ as of
01-Jan-1980 , 00:00:00 .
