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Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
04 July, 2025 12:13 IST
Sheela Foam makes a strong debut with 17.81% listing gain
Source: IRIS | 09 Dec, 2016, 10.23AM
Rating: NAN / 5 stars.
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Sheela Foam made a strong debut on the stock markets on Friday by listing at a huge premium of 17.81% over its issue price. At the NSE, stock opened at Rs 860 a share as against issue price of Rs 730 a share.

Currently, shares are trading at Rs 981.50, up 34.45% from its issue price. It recorded a high of 1,018 and a low of Rs 850.10 at the NSE (10.12 am).

Sheela Foam (SFL) is a leading manufacturer of mattresses in India, marketing its product under the ''Sleepwell'' brand. As of FY16, it has a market share of 20-23% in the organized mattress market.
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