Sheela Foam Ltd IPO

Add to Calendar 2016-11-29 12:00 AM 2016-12-01 12:00 AM Asia/Kolkata Sheela Foam Ltd IPO Sheela Foam Ltd India

Sheela Foam Limited is a leading manufacturer of mattresses and foam-related comfort products. The company operates under three brands – Sleepwell, Feather foam, Lamiflex. It has a vast distribution network with over 100 exclusive distributers, 5000 exclusive retail dealers and 2500 multi-brand outlets.

Date of establishment: Sheela Foam was established in 1971.

Product & Service Offering: Sheela Foam provides mattresses, pillows, back cushions, bolsters, sofa-cum beds and furniture cushioning products.

Promoters of Sheela Foam Ltd.: The promoters of the firm are Ms. Sheela Gautam, Mr. Rahul Gautam and Polyflex Marketing Private Limited.

Customer segment: The company offers its products for use in residential areas, hotels, hospitals and educational institutions.

Objects of the Issue:

The objects of the issue are:
-     Benefits of listing equity shares
-     Enhanced visibility and brand image
-     Liquidity to existing shareholders

 

Company Financials:

 

 

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

Issue Detail

  • Issue Open: Nov 29, 2016
  • Issue Close: Dec 01, 2016
  • Issue Type: Book Built Issue IPO
  • Face Value: Rs 5 Per Equity Share
  • Price Band: Rs 680 - Rs 730 Per Equity Share
  • Bid Lot:20 Shares
  • Minimum Order Quantity:20 Shares
  • Listing At: BSE, NSE
  • Issue Size: • Rs 510.00 Cr

Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & Time QIB NII RII Employee Others Total
Shares Offered / Reserved 1,500,001 1,125,000 2,625,000 - - 5,250,001
Day 1 - Nov 29, 2016IST 0.0000 0.0000 0.0300 - - 0.0100
Day 2 - Nov 30, 2016IST 0.0900 0.0100 0.0700 - - 0.0600
Day 3 - Dec 01, 2016IST 14.5100 3.3500 0.4400 - - 5.0900

Listing Day Trading Information

- BSE NSE
Issue Price Rs 730.00 Rs 730.00
Open Rs 860.00 Rs 860.00
Low Rs 860.00 Rs 850.10
High Rs 1,032.00 Rs 1,032.00
Last Trade Rs 1,032.00 Rs 1,032.00
Volume 865,937 4,839,221

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