JSA advised Oman India Joint Investment Fund II (acting through its trustee Oman India Joint Investment Fund Trustee Company Private Limited, represented by its investment manager, OIJIF), the investor selling shareholder, in relation to the initial public offering of equity shares of Stanley Lifestyles Limited comprising of a Fresh Issue of up to ₹ 2,000 million and an Offer for Sale of up to 9,133,454 equity shares aggregating to ₹3,370.24 million.
Stanley Lifestyles Limited is a super-premium and luxury furniture brand in India and among the few home-grown super-premium and luxury consumer brands in India operating at scale in terms of manufacturing as well as retail operations. It is the fourth largest player in the home furniture segment in India in terms of revenue in Fiscal 2023 (Source: RedSeer Report).
Our Transaction Team Comprised Partners – Madhurima Mukherjee Saha, Archana Tewary, Mathew Thomas and Shivali Singh and Associate – Deviah Chinnappa.
Archana has worked in private equity, capital markets and general corporate teams and has primarily worked on investments by private equity investors in unlisted companies and offerings of equities and securities by listed and unlisted companies.