Looking to double the number of retailers to 4K in two years: Rahul Gautam, MD, Sheela FoamWe have 2,200 exclusive dealers or retailers and therefore what has worked well for us is this exclusive chain right from manufacturing to ...
09 Dec, 2016, 04.33 PM IST
Sheela Foam debuts at Rs 860 apiece on BSE, up 17.8% over issue priceThe company, which owns the popular Sleepwell brand, had priced the issue in the Rs 680-730 range. The IPO had seen a healthy 5.09 times su...
09 Dec, 2016, 10.00 AM IST
Sheela Foam IPO sees subscription of five times on last dayData showed there was brisk buying by qualified institutional investors (QIBs), whose quota limit was subscribed by over 4 times.
01 Dec, 2016, 06.23 PM IST
Sheela Foam gathers pace, subscribed 28%; issue closes todayData showed there was brisk buying by qualified institutional investors (QIBs), whose quota limit was subscribed 79 per cent.
01 Dec, 2016, 11.57 AM IST
Sheela Foam IPO subscribed 6% on Day 2 on some retail demandThe public offer received bids for 3,23,440 shares as against 52,50,001 shares offered by the company, according to the data available with...
30 Nov, 2016, 06.44 PM IST
Sheela Foam receives poor response, subscribed 0.9% on Day 1The offer received bids for 76,780 shares as against 52,50,001 shares on offer, which are available in the price band of Rs 680-730 apiece.
29 Nov, 2016, 06.46 PM IST
Sheela Foam IPO kicks off after Rs 153-crore anchor allotment; brokers' viewThe issue is an offer for sale (OFS) wherein existing promoter entity is looking to offload its 27.75 per cent holding in the mattress comp...
29 Nov, 2016, 11.40 AM IST
Key market triggers to watch out before Opening BellNifty50 futures on the Singapore Stock Exchange were trading 4.50 points higher at 8,154, indicating a flat opening for the domestic market.
29 Nov, 2016, 08.46 AM IST
IPO watch: Sheela Foam's offer looks pricey on earnings worriesThe valuation that the IPO demands is 34 times FY16 earnings, which is slightly expensive and does not give any margin of safety.
29 Nov, 2016, 08.12 AM IST
Rs 510 crore Sheela Foam IPO to hit market tomorrow: Should you buyThe issue is an offer for sale (OFS), wherein existing promoter entity Polyflex Marketing is looking to offload its 27.75 per cent holding ...
28 Nov, 2016, 12.43 PM IST
IPO Analysis: Sheela FoamThe valuation that the IPO demands is 34 times on its FY16 earnings, which is slightly expensive and does not give any margin of safety aga...
28 Nov, 2016, 12.41 PM IST
Sheela Foam's Rs 510 crore IPO to kick off this weekThe company has fixed the price band at Rs 680-730 for the offer, which will remain open to bidding from November 29-December 1.
27 Nov, 2016, 02.44 PM IST
Sheela Foam's Rs 510-crore IPO to open next weekPolyflex Marketing, which holds 27.75% stake in Sheela Foams, will get all the proceeds. Edelweiss Financial Services and ICICI Securities ...
22 Nov, 2016, 07.53 PM IST
GST will ensure that the value chain is complete: Rahul Gautam, Sheela Foam"The challenge in this industry is how to reach the consumer eventually and for that we have eleven plants and we have 110 distributors, ex...
22 Nov, 2016, 04.34 PM IST
Varun Beverages, GreenSignal Bio issues add depression to otherwise buoyant IPO martFirst it was the poor debut for Varun Beverages (VBL) and then came the IPO of GreenSignal Bio, which did not get the required bids during ...
14 Nov, 2016, 03.31 PM IST
Sleepwell parent Sheela Foam files Rs 510-crore IPO papersSheela Foam is looking at valuation of $400-500 million and the company will dilute 15 per cent stake in the offer for sale.
31 Jul, 2016, 12.50 PM IST
Primary market last week: UTI AMC, Tata Tech and RBL Bank kept IPO mart abuzzIt was yet another busy week in the IPO market, with talk of UTI Mutual Fund listing, Tata group reviving plan to list Tata Technologies af...
13 Jun, 2016, 04.22 PM IST