Sheela Foam Limited IPO
Sheela Foam Limited was a mainboard IPO in the Furniture Home Furnishing sector, offered at ₹340–₹365 per share to raise ₹510 crore. The issue was subscribed 5.09× overall (QIBs 14.51×, NIIs 3.35×, retail 0.44×). It listed on 9 Dec 2016 at ₹430 and closed its first day at ₹516, a listing gain of +41.4% versus the ₹365 issue price. It now trades around ₹543 (+48.6% versus the issue price).
Frequently asked questions
- How many times was the Sheela Foam Limited IPO subscribed?
- The Sheela Foam Limited IPO was subscribed 5.09× overall — 14.51× in the QIB category, 3.35× among non-institutional investors, 0.44× in retail.
- What were the Sheela Foam Limited IPO listing gains?
- Sheela Foam Limited listed on 9 Dec 2016 at ₹430, closing its first day at ₹516 — a listing gain of +41.4% versus the ₹365 issue price.
- What were the retail allotment odds for the Sheela Foam Limited IPO?
- Retail was subscribed 0.44×, so a single-lot application had roughly a 100% chance of allotment — most applicants were allotted, and allotment was finalised on 5 Dec 2016.
- What was the price band and lot size of the Sheela Foam Limited IPO?
- The price band was ₹340–₹365 per share, with a minimum lot of 20 shares (₹7,300 at the upper band).
- Who were the registrar and lead manager for the Sheela Foam Limited IPO?
- Link Intime India Private Limited was the registrar, and Edelweiss was the book-running lead manager.