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IPO Details

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Initial public offer of up to [] 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. [] per equity share (including a share premium of Rs. [] per equity share) (Offer Price) aggregating up to Rs. [] crores comprising a fresh issue of up to [] equity shares aggregating up to Rs. 200.00 crores by the company (Fresh Issue) and an offer for sale of up to 9,133,454 equity shares aggregating up to Rs. [] crores (Offered Shares) by the selling shareholders, comprising up to 1,182,000 equity shares aggregating up to Rs. [] crores by Sunil Suresh and up to 1,182,000 equity shares aggregating up to Rs. [] crores by Shubha Sunil (collectively the Promoter Selling Shareholders), up to 5,544,454 equity shares aggregating up to Rs. [] 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 û management company private limited (Oman India Joint Investment Fund ii) (the Investor Selling Shareholder), and up to 1,000,000 equity shares aggregating up to Rs. [] crores by Kiran Bhanu Vuppalapati, and up to 225,000 equity shares aggregating up to Rs. [] 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 company in consultation with the book running lead managers, may consider a further issue of equity shares as may be permitted under applicable law to any person(s) of such equity shares for an amount aggregating up to Rs. 40.00 crores, at its discretion, with the roc (pre-ipo placement). If the pre-ipo placement is undertaken, the fresh issue size will be reduced to the extent of such pre-ipo placement, subject to the offer constituting at least 10% of the post-issue paid-up equity share capital of the company. The face value of equity shares is Rs. 2 each. The offer price is [] times the face value of the equity shares. The price band and the minimum bid lot will be decided by the company.

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Here are the steps to apply for Stanley Lifestyles Ltd IPO:

Step 1: Log in to your Kotak Securities Demat account Log in to your Demat account to access IPO investments. Next, select the current IPO section.

Step 2: Specify IPO details Enter the number of lots and the price you wish to apply for.

Step 3: Enter UPI ID After entering your UPI ID, click submit. This will place your bid with the exchange.

Step 4: Mandate Notification Your UPI app will receive a mandate notification to block funds.

Step 5: Approve Request Your funds will be blocked once you approve the mandate request on your UPI.

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