Free Trading + Demat Account

Sheela Foam Ltd IPO (Sheela Foam IPO) Detail

Nov 29, 2016 - Dec 1, 2016

Incorporated in 1971, 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

Company Promoters:

The Promoters of the Company are:

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

Company Financials:

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

Objects of the Issue:

The objects of the Offer are to:

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.

Issue Detail:

  »»  Issue Open: Nov 29, 2016 - Dec 1, 2016
  »»  Issue Type: Book Built Issue IPO
  »»  Issue Size: 6,986,301 Equity Shares of Rs 5 aggregating up to Rs 510.00 Cr
    ›  Offer for Sale of [.] Equity Shares of Rs 5 aggregating up to Rs 510.00 Cr
  »»  Face Value: Rs 5 Per Equity Share
  »»  Issue Price: Rs 680 - Rs 730 Per Equity Share
  »»  Market Lot: 20 Shares
  »»  Minimum Order Quantity: 20 Shares
  »»  Listing At: BSE, NSE

Sheela Foam IPO Reviews:

  1. Sheela Foam Ltd IPO review by Dilip Davda

Sheela Foam IPO Recommendations:

Capital Market Review
HEM Securities - Subscribe
Way2wealth - Neutral
Choice Broking - Subscribe with cautions

Issue Subscription Detail / Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & TimeQIBNIIRIITotal
Shares Offered / Reserved1,500,0011,125,0002,625,0005,250,001
Day 1 - Nov 29, 2016 17:00 IST0.00000.00000.03000.0100
Day 2 - Nov 30, 2016 17:00 IST0.09000.01000.07000.0600
Day 3 - Dec 1, 2016 18:20 IST14.51003.35000.44005.0900

Sheela Foam IPO Prospectus

Sheela Foam IPO Rating

534
4.1
Rating:Rated 4.1 stars

Vote Here ...

Sheela Foam IPO Listing Date

  •   ›  Listing Date: Friday, December 9, 2016
  •   ›  BSE Script Code: 540203
  •   ›  NSE Symbol: SFL
  •   ›  Listing In: ‘B’ Group of Securities
  •   ›  ISIN: INE916U01025
  •   ›  Issue Price: Rs 730 Per Equity Share
  •   ›  Face Value: Rs 5 Per Equity Share

Listing Day Trading Information

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

Sheela Foam IPO News Alerts

  1. Friday, December 9, 2016 12:00:00 AM
    Sheela Foam Ltd IPO - Listing
  2. Wednesday, December 7, 2016 12:00:00 AM
    Sheela Foam Ltd IPO - Allotment
  3. Thursday, December 1, 2016 12:00:00 AM
    Sheela Foam Ltd IPO - Close
  4. Tuesday, November 29, 2016 12:00:00 AM
    Sheela Foam Ltd IPO - Open

Company Contact Information

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: http://www.sheelafoam.com

Sheela Foam IPO Registrar

Link Intime India Private Ltd   »  Report
   Link Intime India Private Ltd,
   C-13 Pannalal Silk Mills Compound,
   LBS Marg, Bhandup West, Mumbai 400078

Phone: +91-22-25963838
Fax: +91-22-25946969
Email: sfl.ipo@linkintime.co.in
Website: http://www.linkintime.co.in

Sheela Foam IPO Lead Manager(s)

Guaranteed Save 60% to 90% Brokerage + Taxes

Do you know you could reduce the brokerage cost significantly by moving to another stock broker? Our expert team compared top share brokers in India to help investors like you. STOP paying Demat AMC, Brokerage in %, PCM Fee and High Stamp Duty today.

We can help you choosing the right broker. Contact us today...

@

Sheela Foam IPO Review / Comments

avatar
357. CA M&co.Jodhpur  Jan 6, 2017 5:25:30 PM IST I Like It. | Report Abuse
ICICI Prudential Life Insurance Company
83.27% delivery today cross touch 52 weak high with huge volume because its strong fundamental and good dividend paying company.
avatar
356. IPO aspirant.  Dec 25, 2016 12:22:16 PM IST I Like It. | Report Abuse
Should buy divis lab tomorrow on opening?
avatar
356.1. AKH  Dec 26, 2016 4:56:04 PM IST I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
dont buy, experts says it may face import alerts from USFDA
avatar
355. VINOD JAIN NICKY  Dec 21, 2016 9:47:53 PM IST I Like It. 1 | Report Abuse
SHEELA KO DHIRE DHIRE BUDHAPA AAA RAHAA HAI..................
avatar
354. Mr.IPO  Dec 19, 2016 2:30:27 PM IST I Like It. | Report Abuse
if amount is still unlock so, u need to go to your bank branch. they will surely help you to unfreeze the amount.
avatar
353. Ankur Goell  Dec 15, 2016 1:26:53 PM IST I Like It. | Report Abuse
When is the auction day of Sheela foam? I had short sell delivery obligation of the stock on last Friday. As per my knowledge, today should be auction day.
avatar
353.2. Ankur Goell  Dec 15, 2016 5:09:34 PM IST I Like It. | Report Abuse
Thanks niyaz ji. Waise aap broker Kon hai agar aap bata Sako. Mera broker zerodha hai aur bol Raha hai ki aaj auction hua Hoga. And wait for end of the day.
avatar
353.3. Niyaz varaiya  Dec 15, 2016 5:12:12 PM IST I Like It. | Report Abuse
SHAAYD AAPKE BROKER KO PATA NAHI HOGA
PAR YE POSIBLE HAI HI NAHI
PURE INDIA ME ACUTION KHATAM HO GAYA HAI AND BILL GENERARE HO GAYA HAI IF FRIDAY KO SHORT SELL HUA HAI TO
AND MERA BROKER - MOTILAL OSWAL HAI
avatar
352. EAGLE TRADE  Dec 14, 2016 4:35:12 PM IST I Like It. | Report Abuse
PLZ help me all of u

muje SFL me allotment nhi huaa or amount hi unbolck hi h

kya karu plzz help me.
avatar
352.2. AKH  Dec 15, 2016 5:57:03 AM IST I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
Call customer care of your bank
avatar
352.3. Deepak Baveja  Dec 15, 2016 8:43:36 AM IST I Like It. | Report Abuse
Some time amount is not blocked by the bank. If no allotment means no allotment. Be happy.
avatar
351. IPOANALYSIS  Dec 14, 2016 12:48:02 PM IST I Like It. 1 | Report Abuse
IPO Mentor IPO Mentor (500+ Posts, 200+ Likes)
All weak hand retailers are almost out.stock in strong hands headed towards 1350 in short term
avatar
351.1. AKH  Dec 15, 2016 5:58:36 AM IST I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
But you says indian stock market is not good than pakistani
avatar
351.2. IPOANALYSIS  Dec 15, 2016 12:33:40 PM IST I Like It. | Report Abuse
IPO Mentor IPO Mentor (500+ Posts, 200+ Likes)
yes that is true pakistan stock market is among best performer stock market and indian stock market is most underperforming market. do you think its false. please check statistics.


does that mean all stocks in bse and nse would go down.
even when markets are down 500 points there are stocks which are up

your comment makes no sense.

are you talking about stock market or a single stock. foolish
avatar
350. SUMIR  Dec 14, 2016 7:54:56 AM IST I Like It. | Report Abuse
Follow the link like the page named Start Bloom and get the latest update IPO News.
https://www.facebook.com/NSEIPO/
avatar
349. sugreev  Dec 13, 2016 12:16:07 PM IST I Like It. | Report Abuse
246. P.R.K Dec 7, 2016 5:23:03 PM IST | I Like It. 2 | Report Abuse Reply
SHEELA FOAM

GMP 20-22 (BUYER)

LAURAS LAB

GMP 17-18 ( SELLER )
avatar
348. Eagleye  Dec 13, 2016 8:59:38 AM IST I Like It. | Report Abuse
IPO Guru IPO Guru (4200+ Posts, 8600+ Likes)
I have sold my 100% shares in Sheela Foam .. I believe the IPO game is over in this stock
avatar
348.2. BestAnalyst  Dec 13, 2016 11:49:14 AM IST I Like It. | Report Abuse
Same here :)
avatar
348.3. BestAnalyst  Dec 13, 2016 11:50:53 AM IST I Like It. | Report Abuse
Sold all yesterday :)
avatar
347. ajinkya kamble  Dec 12, 2016 3:43:08 PM IST I Like It. | Report Abuse
i had sell sfl 20 shares at 1008 on friday.
plz can any one explain when the auction will be.
and looking at todays closing how much loss is expected to happen .
avatar
347.1. goutam  Dec 13, 2016 8:15:33 AM IST I Like It. | Report Abuse
Plz chk broker ..now a day short in cash segment auto sqr up at 3.25 hours
avatar
347.2. AKH  Dec 13, 2016 9:05:41 AM IST I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
Auto square up happen when stock isn''t at circuit limit
Auction will be done on the basis of today''s closing price
avatar
346. Gingal  Dec 12, 2016 2:40:37 PM IST I Like It. | Report Abuse
I have remained with few shares of Sheela Foam Shares, what is target or should i book profit. pl advise Eagle Eyeji..
avatar
346.1. Eagleye  Dec 13, 2016 8:59:54 AM IST I Like It. | Report Abuse
IPO Guru IPO Guru (4200+ Posts, 8600+ Likes)
Dear Sir,

I have sold my 100% shares in Sheela Foam .. I believe the IPO game is over in this stock
avatar
345. BestAnalyst  Dec 12, 2016 10:03:39 AM IST I Like It. | Report Abuse
At 1340 the PE of this company will become 55x.. which will be higher than almost all other listed consumer companies.. which this company may not command, especially because of low growth (FY16 growth was only 9%)...
avatar
344. Ipo tracker  Dec 12, 2016 9:56:13 AM IST I Like It. | Report Abuse
Top Contributor Top Contributor (400+ Posts, 100+ Likes)
Actually only 22.8 lakhs shares are in non qib portion, as retail was subscribed only 0.44 times. Of which 21lakhs+ are already marked for delivery on day one.
avatar
343. abhinavgupta  Dec 12, 2016 9:46:39 AM IST I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts)
Buy it now it may go to 1340 in this week
avatar
342. gupa  Dec 12, 2016 9:20:08 AM IST I Like It. | Report Abuse
EAGLEYE IS BEST
avatar
341. BestAnalyst  Dec 12, 2016 8:48:18 AM IST I Like It. | Report Abuse
Dream run is over..
avatar
341.1. CHD  Dec 12, 2016 8:53:16 AM IST I Like It. | Report Abuse
IPO Mentor IPO Mentor (700+ Posts, 100+ Likes)
Those who were alert ..... must have unloaded at above 1160 today in the opening trades ....!
avatar
340. Cherri  Dec 11, 2016 6:46:35 PM IST I Like It. | Report Abuse
Hi All, This is my first message/post in this forum.

As per my understanding/knowledge auction price will be decided based on share movement in next 2 days (T+2 days). The auction is conducted every day between 2:00 pm and 2:45 pm. So in your case it should be on Tuesday 13th December. Exchange will be decided auction price in that time window based on share price.

Auction price range will be 0 20% (+ or -) for the shares which listed under B category which has been told by your broker correctly when share price went up. There is other scenario when stock goes down.
Let us see first scenario:

Case 1: Share price went up
      In your example, you sold 20 shares at 1032. On T+1 day if share price closes at 1100,
      If upper circuit happened on T+2 (will be decided based on T+1 price), then you have to pay 1320 per each share.
      If exchange people buy this share at 1150, then you have to pay 118 rupees as penalty for each share.

Case 2: Share price dropped
      Assume after you sold the share of Sheela @ Rs.1032 the price of Sheela dropped and closed at 1000/- on (T+1,       Monday). On the auction day (T+ 2) if the auction buy price is Rs 980. The client won’t get the benefit of lower auction price as the exchange wants to discourage short delivery. This benefit will be transferred to the Investor Protection Fund.
avatar
340.1. CHD  Dec 12, 2016 8:42:57 AM IST I Like It. | Report Abuse
IPO Mentor IPO Mentor (700+ Posts, 100+ Likes)
Surprising .... it went all the way upo 1162 on opening ..... & then in 5 mins came down by more than Rs 200 ......?
avatar
339. Niyaz varaiya  Dec 11, 2016 2:17:04 PM IST I Like It. | Report Abuse
I have short 20 shares of sheela at 1032
How much los will i get?
avatar
339.1. ANIL VERMA  Dec 11, 2016 4:15:31 PM IST I Like It. | Report Abuse
It will be bought in auction on Tuesday by exchane. You may roughly lose Rs 800-900
avatar
339.2. Niyaz varaiya  Dec 11, 2016 5:03:52 PM IST I Like It. | Report Abuse
Mine broker told i will be given 20% panelty charge. + price differentiation on auction day. Is that true?
avatar
338. Gingal  Dec 11, 2016 9:48:21 AM IST I Like It. 1 | Report Abuse
Subscribe ipo in full lot message given by Eagleeye men at perfect time. I got 4 lot. Thanx Eagle Eye .
avatar
338.1. Gingal  Dec 11, 2016 10:56:53 AM IST I Like It. | Report Abuse
Sorry its Eagleeye mem not man
avatar
338.2. common man  Dec 12, 2016 9:16:31 AM IST I Like It. | Report Abuse
same here .. bought 4 lots only because of mam''s comment else I was going to give it a miss. hats off to accuracy of her predictions !
special_offers
By Popular Stock Brokers
ProStocks, The Flat Rate Discount Stock Broker
ProStocks
Flat Fee Broker

Rs 899 Unlimited Equity
Rs 499 Unlimited Curr
or Rs 15 per Trade

Lowest Transaction Charge
Lowest Call & Trade Fee
Lowest Stamp Duty

FREE Trading + Demat Acct

Flat Rs 20 Per Trade
Free Equity Delivery Trades

Rs 100 off on account opening* + 100% brokerage refund if in 60 days you have made net profits

Enquire Now
(* on online account opening)

Intraday @ 0.02%
Delivery @ 0.15%

Rs 0 account opening fee
(Rs 400 waived)

Request Demo

RKSV Discount Broker  RKSV

Ditch & Switch

Switch to RKSV and earn brokerage credit of Rs 2000

Get RKSV Trading Account

Beginner, seasoned investor, active trader or HNI. Get customised solutions.

Rs 0 account opening fee on Online Trading + Demat Acct
(Rs 1150 waived)

Request Call Back



More About Brokers

Special Offers Broker Reports

Message Board

Stock Message Board


Search Chittorgarh.com:

Translate Chittorgarh.com: