Sheela Foam Limited IPO

Apply 0
Avoid 0

Sheela Foam Ltd is a leading manufacturer of mattresses and other foam-based home comfort products in India. They sell their products under the brand Sleepwell, Feather Foam, and Lamiflex.
Sheela Foam offers mattresses, pillows, mattress protectors, bolsters, back cushions, sofa-cum beds, bed-sheets, and baby care sheets, as well as furniture cushioning products. Company’s products are mainly used in residential purpose, hotels, hospitals, and educational institutions. They sell its products through distributors, retail dealers, and multi-branded outlets, as well as exports its products to approximately 32 countries. They have pan India distribution network that consists of over 100 exclusive distributors, over 2,000 exclusive retail dealers and over 2,500 multi-brand outlets, as on March 31, 2016
Competitive Strengths:
1. Well recognised and established brand built over consistent quality and innovation
2. Extensive and well developed pan-India salesand distribution network
3. Quality manufacturing capabilities and technological innovation
4. Integrated operations and economies of scale
5. Well qualified and professional management

Sheela Foam Limited IPO Stock Quote & Charts

1302.40

+2.41%

  • Open: 1263.20
  • High - Low: 1375.00 - 1263.05
  • Previous Close: 1271.80
  • Total Traded Volume: 2889
  • Updated On: 24-Dec-2019

Objects of the Sheela Foam Limited IPO:

1. Achieve the benefits of listing the Equity Shares on the Stock Exchanges 2. Enhance visibility and brand name and provide liquidity to the existing shareholders.

Sheela Foam Limited IPO Details:

Open Date: Nov 29 2016
Close Date: Dec 01 2016
Total Shares: 6,986,301
Face Value: ₹ 5 Per Equity Share
Issue Type: Book Built Issue IPO
Issue Size: 510.00 Cr.
Lot Size: 20 Shares
Issue Price: ₹ 680-730 Per Equity Share
Listing At: NSE,BSE
Listing Date: Dec 09 2016

Promoters And Management:

1. Ms. Sheela Gautam 2. Mr. Rahul Gautam 3. Polyflex Marketing Private Limited.

Financials of Sheela Foam Limited IPO:

Summary of financial Information
Particulars For the year/period ended (in Rs. Million)
31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13 31-Mar-12
Total Assets 6460.08 5396.71 4706.02 4275.72 3843.92
Total Revenue 12862.71 11501.36 10106.19 8977.91 7452.89
Profit After Tax (PAT) 902.20 344.40 250.05 240.33 81.12

Lead Manager of Sheela Foam Limited IPO:

  1. Edelweiss Capital Limited
  2. ICICI Securities Limited

Registrar of Sheela Foam Limited IPO:

  1. Link Intime India Private Limited

Company Address:

Sheela Foam Ltd C-55, Preet Vihar, New Delhi 110 092 Phone: +91 11 2202 6875 Fax: +91 11 2202 6876 Email: iquebal.ahmad@sheelafoam.com Website: www.sheelafoam.com

Discussion on Sheela Foam Limited IPO:

Leave a Reply