HomeLaw firmsDeals and TransactionsIndusLaw Advises the Book Running Lead Managers in Stanley Lifestyles' INR 5,370...

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IndusLaw Advises the Book Running Lead Managers in Stanley Lifestyles’ INR 5,370 Million IPO

July 4, 2024

IndusLaw advised Axis Capital, ICICI Securities, JM Financial Ltd, and SBI Capital Markets (the Book Running Lead Managers) on the initial public offering of equity shares of Stanley Lifestyles, valued at approximately INR 5,370 million

This included an offer for sale of sale by Oman India, the promoters, and other individual sellers aggregating to approximately INR 3,370 million.

The team comprised of Partners Manan Lahoty, Manshoor Nazki, Priyadarshini Rao, and Associates Aditi Khandelwal, Esha Gupta, Rishi Nandkeolyar, Kanika Bakhna, and Prakhar Jain.

Stanley Lifestyles is a luxury lifestyle manufacturing and retail company with the aim of making outstanding products that have the power to make lives beautiful, specializing in furniture, home decor, and accessories. With over 27 years of in-house manufacturing in its 2,00,000 sq ft facility in Bangalore & has various sub-brands like Sofas & More, Stanley Personal, Stanley Leisure, and so on.

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