Stanley Lifestyles IPO Soars with 5.22x Subscription on Day 2!

Stanley Lifestyles IPO had mixed interest on Day 2: QIBs at 0.74x, Non-Institutional Investors at 8.85x, and RIIs at 6.10x, totaling a 5.22x subscription, showing varied investor engagement.
Stanley Lifestyles IPO Soars with 5.22x Subscription on Day 2!

Stanley Lifestyles IPO  saw varied interest on Day 2: QIBs subscribed at 0.74 times, Non-Institutional Investors at 8.85 times, and Retail Individual Investors at 6.10 times, culminating in a total subscription rate of 5.22 times, demonstrating diverse investor engagement.

How To Check Stanley Lifestyles Limited IPO Subscription Status?

Steps to check the IPO subscription status on NSE

Following are the steps to check it through the NSE website

  • Visit NSE‘s official website.
  • Navigate to the ‘Market Data’ tab.
  • Choose ‘IPO’.
  • Select the Stanley Lifestyles Limited IPO to check its subscription status.
  • Opt for either NSE Bid details or Consolidated Bid details.
  • Explore the total number of bids received from various investors. 

Stanley Lifestyles IPO Allotment Status

The allotment date for the Stanley Lifestyles IPO is set for June 26, 2024, with shares priced at a range of ₹351 to ₹369 per share and a face value of ₹2. The offering consists of lots of 40 shares, with bids accepted for these lots or their multiples. 

Stanley Lifestyles IPO Subscription Status

Stanley Lifestyles IPO witnessed strong interest on its first day, with QIBs subscribing 0.30 times, NIIs at 2.01 times, RIIs at 1.80 times, and an overall subscription rate of 1.43 times.

Stanley Lifestyles IPO Listing Date 

Stanley Lifestyles IPO is expected to be listed on the NSE SME on June 28, 2024.

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