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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

Open an Instant Account with Zerodha

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.

Sheela Foam IPO Details

IPO Opening Date Nov 29, 2016
IPO Closing Date Dec 1, 2016
Issue Type Book Built Issue IPO
Face Value ₹5 per equity share
IPO Price ₹680 to ₹730 per equity share
Market Lot 20 Shares
Min Order Quantity 20 Shares
Listing At BSE, NSE
Issue Size6,986,301 Eq Shares of ₹5
(aggregating up to ₹510.00 Cr)
Offer for Sale[.] Eq Shares of ₹5
(aggregating up to ₹510.00 Cr)

Sheela Foam IPO Tentative Timetable

The Sheela Foam IPO open date is Nov 29, 2016, and the close date is Dec 1, 2016. The issue may list on Dec 9, 2016.

IPO Open Date Nov 29, 2016
IPO Close Date Dec 1, 2016
Basis of Allotment Date Dec 6, 2016
Initiation of Refunds Dec 7, 2016
Credit of Shares to Demat Account Dec 8, 2016
IPO Listing Date Dec 9, 2016

Sheela Foam IPO Lot Size

The Sheela Foam IPO market lot size is 20 shares. A retail-individual investor can apply for up to 13 lots (260 shares or ₹189,800).

Application Lots Shares Amount (Cut-off)
Minimum 1 20 ₹14,600
Maximum 13 260 ₹189,800

Sheela Foam IPO Review

Demonetization has taken a toll of recent IPO of Greensignal that could not garner the required quota of QIB. Even earlier IPO of Varun Beverages too received poor response than expected even when demonetization was not there. This shows shaky mind set of big ticket investors in current weaker trends of secondary as well as primary markets. As the main raw material prices have shoot up drastically in recent times, company may find it difficult to maintain the earnings shown in the recent past. Considering this and the fully pricing of the IPO, risks aver investors with surplus funds may consider investment for medium to long term. Read detail review...

Sheela Foam IPO Subscription Status (Bidding Detail)

The Sheela Foam IPO is subscribed 5.09 times on 12/1/2016 6:20:00 PM. The public issue subscribed 0.44 times in the retail category, 14.51 times in the QIB category, and 3.35 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
QIB14.51
NII3.35
Retail0.44
Total5.09

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
IPO Price ₹730 per equity share
Face Value ₹5 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
BSE
₹730.00
₹860.00
₹860.00
₹1,032.00
₹1,032.00
NSE
₹730.00
₹860.00
₹850.10
₹1,032.00
₹1,032.00

Company Contact Information

Sheela Foam Ltd
C-55, Preet Vihar,
New Delhi 110 092

Phone: +91 11 2202 6875
Email: iquebal.ahmad@sheelafoam.com
Website: http://www.sheelafoam.com

Sheela Foam IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: sfl.ipo@linkintime.co.in
Website: https://linkintime.co.in/

Sheela Foam IPO Reviews / Ratings

  • Choice Equity Broking Pvt Ltd - Apply
  • Dilip Davda - Apply
  • Hem Securities - Apply
  • Way2Wealth Securities - Neutral

Sheela Foam IPO FAQs

Sheela Foam IPO is a main-board IPO of 6,986,301 equity shares of the face value of ₹5 aggregating up to ₹510.00 Crores. The issue is priced at ₹680 to ₹730 per equity share. The minimum order quantity is 20 Shares.

The IPO opens on Nov 29, 2016, and closes on Dec 1, 2016.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

The Sheela Foam IPO opens on Nov 29, 2016 and closes on Dec 1, 2016.

Sheela Foam IPO lot size is 20 Shares and the minimum order quantity is 20 Shares.

You can apply in Sheela Foam IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Sheela Foam IPO will be done on Dec 6, 2016, and the allotted shares will be credited to your demat account by Dec 8, 2016. Check the Sheela Foam IPO allotment status.

The Sheela Foam IPO listing date is on Friday, December 9, 2016.

Sheela Foam IPO Message Board

Ranked Members  Ranked Members

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638 Comments

357. CA M&co.Jodhpur |Jan 6, 2017 6:25:30 PM
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.
356. IPO aspirant. |Dec 25, 2016 1:22:16 PM
Should buy divis lab tomorrow on opening?
356.1. AKH |Dec 26, 2016 5:56:04 PM
IPO Mentor IPO Mentor (900+ Posts, 700+ Likes)
dont buy, experts says it may face import alerts from USFDA
355. VINOD JAIN NICKY |Dec 21, 2016 10:47:53 PM
SHEELA KO DHIRE DHIRE BUDHAPA AAA RAHAA HAI..................
354. Mr.IPO |Dec 19, 2016 3:30:27 PM
if amount is still unlock so, u need to go to your bank branch. they will surely help you to unfreeze the amount.
353. Ankur Goell |Dec 15, 2016 2:26:53 PM
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.
353.2. Ankur Goell |Dec 15, 2016 6:09:34 PM
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.
353.3. Niyaz varaiya |Dec 15, 2016 6:12:12 PM
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
352. EAGLE TRADE |Dec 14, 2016 5:35:12 PM
PLZ help me all of u

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

kya karu plzz help me.
352.2. AKH |Dec 15, 2016 6:57:03 AM
IPO Mentor IPO Mentor (900+ Posts, 700+ Likes)
Call customer care of your bank
352.3. Deepak Baveja |Dec 15, 2016 9:43:36 AM
Some time amount is not blocked by the bank. If no allotment means no allotment. Be happy.
351. IPOANALYSIS |Dec 14, 2016 1:48:02 PM
IPO Guru IPO Guru (1900+ Posts, 1500+ Likes)
All weak hand retailers are almost out.stock in strong hands headed towards 1350 in short term
351.1. AKH |Dec 15, 2016 6:58:36 AM
IPO Mentor IPO Mentor (900+ Posts, 700+ Likes)
But you says indian stock market is not good than pakistani
351.2. IPOANALYSIS |Dec 15, 2016 1:33:40 PM
IPO Guru IPO Guru (1900+ Posts, 1500+ 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
350. SUMIR |Dec 14, 2016 8:54:56 AM
Follow the link like the page named Start Bloom and get the latest update IPO News.
https://www.facebook.com/NSEIPO/
349. sugreev |Dec 13, 2016 1:16:07 PM
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
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 )
348. Eagleye |Dec 13, 2016 9:59:38 AM
IPO Guru IPO Guru (6100+ Posts, 20200+ Likes)
I have sold my 100% shares in Sheela Foam .. I believe the IPO game is over in this stock
348.2. BestAnalyst |Dec 13, 2016 12:49:14 PM
Same here :)
348.3. BestAnalyst |Dec 13, 2016 12:50:53 PM
Sold all yesterday :)
347. ajinkya kamble |Dec 12, 2016 4:43:08 PM
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 .
347.1. goutam |Dec 13, 2016 9:15:33 AM
Plz chk broker ..now a day short in cash segment auto sqr up at 3.25 hours
347.2. AKH |Dec 13, 2016 10:05:41 AM
IPO Mentor IPO Mentor (900+ Posts, 700+ Likes)
Auto square up happen when stock isn''t at circuit limit
Auction will be done on the basis of today''s closing price
346. Gingal |Dec 12, 2016 3:40:37 PM
I have remained with few shares of Sheela Foam Shares, what is target or should i book profit. pl advise Eagle Eyeji..
346.1. Eagleye |Dec 13, 2016 9:59:54 AM
IPO Guru IPO Guru (6100+ Posts, 20200+ Likes)
Dear Sir,

I have sold my 100% shares in Sheela Foam .. I believe the IPO game is over in this stock
345. BestAnalyst |Dec 12, 2016 11:03:39 AM
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%)...
344. Ipo tracker |Dec 12, 2016 10:56:13 AM
IPO Mentor IPO Mentor (500+ 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.
343. abhinavgupta |Dec 12, 2016 10:46:39 AM
Top Contributor Top Contributor (200+ Posts)
Buy it now it may go to 1340 in this week
342. gupa |Dec 12, 2016 10:20:08 AM
EAGLEYE IS BEST
341. BestAnalyst |Dec 12, 2016 9:48:18 AM
Dream run is over..
341.1. CHD |Dec 12, 2016 9:53:16 AM
IPO Guru IPO Guru (1100+ Posts, 400+ Likes)
Those who were alert ..... must have unloaded at above 1160 today in the opening trades ....!
340. Cherri |Dec 11, 2016 7:46:35 PM
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.
340.1. CHD |Dec 12, 2016 9:42:57 AM
IPO Guru IPO Guru (1100+ Posts, 400+ Likes)
Surprising .... it went all the way upo 1162 on opening ..... & then in 5 mins came down by more than Rs 200 ......?
339. Niyaz varaiya |Dec 11, 2016 3:17:04 PM
I have short 20 shares of sheela at 1032
How much los will i get?
339.1. ANIL VERMA |Dec 11, 2016 5:15:31 PM
It will be bought in auction on Tuesday by exchane. You may roughly lose Rs 800-900
339.2. Niyaz varaiya |Dec 11, 2016 6:03:52 PM
Mine broker told i will be given 20% panelty charge. + price differentiation on auction day. Is that true?
338. Gingal |Dec 11, 2016 10:48:21 AM
Subscribe ipo in full lot message given by Eagleeye men at perfect time. I got 4 lot. Thanx Eagle Eye .
338.1. Gingal |Dec 11, 2016 11:56:53 AM
Sorry its Eagleeye mem not man
338.2. common man |Dec 12, 2016 10:16:31 AM
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 !