Con Call invite
Sheela Foam Ltd has informed BSE regarding "Con Call invite - February 03, 2017".31-01-2017
Con Call invite
Sheela Foam Ltd has informed BSE regarding "Con Call invite - February 03, 2017".Board Meeting Intimation for Results
Sheela Foam Ltd has informed BSE that the meeting of the Board of Directors of the Company is scheduled to be held on February 03, 2017, inter alia, to approve the unaudited financial results for the quarter ended on December 31, 2016.Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for SBI Funds Management Pvt LtdAiming to double the number of retailers to 4K: Sheela Foam
"We have 2,200 exclusive dealers or retailers and therefore what has worked well for us is this exclusive chain right from manufacturing to the consumer."Listing of equity shares of Sheela Foam Ltd
Trading Members of the Exchange are hereby informed that effective from December 09, 2016, the equity shares of Sheela Foam Ltd (Scrip Code: 540203) are listed and admitted to dealings on the Exchange in the list of 'B' Group Securities. For further details please refer to the notice no 20161208-22 dated December 08, 2016.Sheela Foam IPO sails through on last day
Qualified institutional buyers bid for around 14.5 times the number of shares set apart for them, while high-net-worth individuals and firms bid for around 3.35 times their quotaSheela Foam IPO off to a slow start
The company on Monday raised Rs 153 crore from anchor investorsShould you subscribe to the Sleepwell maker Sheela Foam IPO?
Should you subscribe to the Sleepwell maker Sheela Foam IPO? The company has a strong balance sheet, with almost zero debt, cash positive with improving profits. The Sleepwell brand it owns has strong brand recognition in a growing domestic market. On an estimated year-end profit after tax of Rs121 crore, the issue on its upper band is priced at P/E ratio of 27x. However, the impacts of demonetization and a choppy market mean low chances of listing gains. Analysts are recommending a BUY on this IPO for a medium term to long term hold. Angel Broking SUBSCRIBE - medium to long term Link SPA Securities SUBSCRIBE - long term Link HDFC Securities IPO note - strong brand, 20-23% share in organized sector Link ICICI Sec IPO note - strong brand, but outstanding litigation against directors, promoters Link SMC Online 3/5 rating - only for serious long-term investors LinkIPO grey market activity stalls
Market players say there have been no quotes or activity for the upcoming IPO of Sheela Foam due to shortage of cashSheela Foam: Promise of firm support
Strong brand, well-spread dealer network and large product portfolio are positives