Sheela Foam IPO Review – Sleepwell Mattress IPO Details, Opening Date
Sheela Foam's (Sleepwell Mattress) has announced its IPO which will open on 29th Nov.
Issue Details of Sheela Foam / Sleepwell Mattress IPO:
IPO Open : 29th Nov to 1st Dec
Issue Price band: Rs 680 - 730 per share
Issue Size: Rs 510 crores
Market lot : 20 shares
Minimum Investment: Rs 14600 (Upper band)
Book Running Lead Managers : Edelweiss Sec & ICICI Sec
Registrar –
Listing: BSE/NSE
IPO Issue Allocation
Qualified institutional buyers (QIBs) – 50% of the total issue size.
Non-institutional investors (NIIs) – 15% of the issue size.
The retail quota limit in the issue = 35% of the issue size.
Background:
Sheela Foam is the leading manufacturer of mattresses (incorporated in 1971) marketed under "SleepWell" brand. It also manufactures foam-based ho...