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MATTRESS INDUSTRY
IPO investors brace for 70 lock-in expiries worth $35 billion in three months. Do you own any?According to Nuvama Alternative & Quantitative Research, the Indian stock market is set to witness a significant wave of lock-in expiries b...- NASA observes Argentina from the International Space Station and detects a gigantic pink heart nearly 10 kilometers wide, whose color does not have as romantic an origin as it seemsA stunning heart-shaped pink lake in Argentina, captured from space, reveals a fascinating scientific story. This vibrant hue is due to sal...
- China, Iran ‘weaponised’ global economy to counter US: reportGlobal economic competition intensifies as China and Iran use supply chains and trade routes for strategic advantage. This challenges the U...
- 10 Best Cotton Mattresses in India For A Cozy Sleep (2023)Are you looking for a cotton mattress? They are a feasible option for people looking for great comfort and high breathability. They keep th...
- 10 Best Floor Mattresses in India For Great Back Support (2023)Do you want to buy a good floor mattress? Floor bed mattresses are convenient to use, easy to store, and pull out. It is a great option for...
- Sheela Foam to acquire rival mattress maker Kurlon for Rs 2,000 crore, says reportKurlon sells Kurl-on branded mattresses and it has presence across India with more than 10,000 dealers, 72 branches and stock points. Kurlo...
- Mattress maker Peps on the block for $130-150 millionLargely a player focused on the south Indian market, Peps is expanding to the northern market this year. In a release last month, marking i...
- The mystery in your mattressThe memory-foam bedding market is projected to be worth Rs 300 crore by next year.
- Kurl-on acquires luxury mattress brand Spring Air for Rs 70 croreThe acquisition covers Spring Air’s operations across India, Bangladesh, Sri Lanka and Pakistan.
- Smallcap watch: 7 funds see value in a business that helps you sleep wellGoldman Sachs India held over 1 per cent stake in the company as of June 2018.
- Buy Sheela Foam, target Rs 2,010: Edelweiss Financial ServicesBuy Sheela Foam Ltd. at a price target of Rs 2010.
- The Garfield in us: SleepyCat is a mattress that ships to you in a boxThe SleepyCat box mattress comes compressed, rolled and shipped straight to your door in a box that is easy to handle and is a convenient s...
- Coir mattress producers want to lie on a lighter GST rateManufacturers association has asked for a GST reduction in coir mattress to 5 per cent.
- 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...
- 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.
- 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.
- 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...
- 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 ...
- Peps Industries plans to open 100 sleep storesPeps Industries, the Coimbatore-based mattress manufacturing company, is planning to open 100 sleep stores throughout the country.
- Refresh brand of mattresses & pillows launchedThe Refresh brand of mattresses and pillows will initially be available in north India and is likely to become an all India brand over the ...
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