Sheela Foam is a leader in Polyurethane (PU) Foam, Sheela Group is a multi-billion rupee entity. It has a nationwide presence in manufacturing PU Foam with a global marketing perspective and an impeccable track record, since 1971. Sheela Group is committed to a one-point programme that of bringing comfort, convenience and luxury to enhance the lifestyle of a modern man.
Top brands of Sheela Group include
SLEEPWELL – The flagship brand for mattresses and comfort accessories
FEATHER FOAM – A Pure PU Foam
LAMIFLEX – A superior quality POLYETHER/POLYESTER foam for lamination
These are ranked as the largest selling PU Foam in the country.
Today, Sheela Group leads with more than 35% market share in the Flexible PU Foam market in India as well as Australia.
Joyce Foam, AustraliaJoyce Foam, Australia – Joyce foam, Australia is a 100% subsidiary of the Sheela Group. Joyce Foam is a leading manufacturer of flexible polyurethane foam with more than 35% market share in Australia. It has state-of-the-art production centers at:
Sheela Group Company Promoters
Founder & Chairperson
Director – Sales & Marketing
Sheela Group IPO Issue Detail:
Issue Open: Opens on November 29, 2016 And closes on December 1, 2016
Price Band: Rs. 680 – Rs. 730 Per Equity Share
Issue Size: Rs 510 crore
Issue Type: Book Built Issue IPO
Bid Lot: 20 equity shares or multiples thereof
Face Value: Rs. 5 Per Equity Share
Listing At: BSE, NSE