Stanley Lifestyles' IPO net proceeds rose to Rs 183.937 crore due to lower expenses Back
<p>Stanley Lifestyles Limited informed the National Stock Exchange of India Limited and BSE Limited that the net proceeds from its initial public offering have increased to Rs 183.937 crore as of September 30, 2026, primarily due to a reduction in actual issue-related expenses by Rs 2.852 crore. The company, which raised Rs 181.085 crore through its IPO on June 28, 2024, stated there was no deviation or variation in the use of the funds, which were earmarked for investment in subsidiaries, capital expenditure, and general corporate purposes.</p>