Sheela Foam IPO Subscription: Detail of Subscription from Nov 29 to Dec 1. Let’s see how this IPO get subscription in choppy market.
Sheela Foam has good and consistent financial for last 5 years or so. They have good revenues on the cards. In March 2012 their PAT was 8 crores while it increased to 90 crores in March 2016. It means PAT increased to 10 times in last 5 years. Superb performance by Sheela Foam but they are going to list in the market where anything can happen. Let’s see how investors look at this.
Sheela Foam IPO Subscription: (Fully Subscribed)
| Day | QIB | NII | RII | Total |
| Day 1 | 0.00 | 0.00 | 0.03 | 0.01 |
| Day 2 | 0.09 | 0.01 | 0.07 | 0.06 |
| Day 3 | 14.51 | 3.35 | 0.44 | 5.09 |
Sheela Foam IPO Dates & Price Band:
IPO Open: 29 November 2016
IPO Close: 1 December 2016
IPO Size: Approx Rs. 510 Crores
Face Value: Rs. 5 Per Equity Share
Price Band: Rs. 680 to 730 Per Share
Listing on: BSE & NSE
IPO Close: 1 December 2016
IPO Size: Approx Rs. 510 Crores
Face Value: Rs. 5 Per Equity Share
Price Band: Rs. 680 to 730 Per Share
Listing on: BSE & NSE
Sheela Foam IPO Market Lot:
- Shares: Apply for 20 Shares (Minimum Lot Size)
- Amount: Rs. 14600
Sheela Foam IPO Allotment & Listing:
- Basis of Allotment: 06 December
- Refunds: 07 December
- Credit to demat accounts: 08 December
- Listing: 09 December
