What is the price band of the Sheela Foam IPO?

The price band is ₹680–730 per share, and the final issue price is ₹730.

What is the lot size of the Sheela Foam IPO?

The lot size has not been published yet.

When is the Sheela Foam IPO listing date?

The shares listed on 09 December 2016.

How many times was the Sheela Foam IPO subscribed?

It was subscribed 5.09x overall: QIB 14.5x, NII 3.35x and retail 0.44x (NSE and BSE together).

Sheela Foam IPO

Sheela Foam Limited (SFL) · mainboard IPO on NSE and BSE · 100% Book Building. Listed on 09 December 2016.

Listed 9 Dec Subscribed 5.09x Listing gain +17.8%

Issue details

Price band

₹680–730

Issue price

₹730

Lot size

—

Min. retail bid

—

Issue size

₹548 Cr

Face value

₹5

Bidding

29 Nov – 01 Dec 2016

Listing

09 Dec 2016

Retail quota

35%

Registrar

Link Intime India Private Limited

Listing day

Listed at

₹860

+17.8% vs issue price ₹730

Day's high

₹1,032

+41.4% · low ₹850 (+16.4%)

Day's close

₹1,032

+41.4% · traded ₹469 Cr

Subscription status

Category	Shares offered	Shares bid for	Subscribed
QIB (institutions)	15,00,001	2,17,69,220	14.5x
NII (HNI) total	11,25,000	37,72,920	3.35x
Retail	26,25,000	11,64,740	0.44x
Total	52,50,001	2,67,06,880	5.09x

Bids on NSE and BSE together, as published by NSE. Shares offered exclude the anchor portion. 4% of all shares bid for were at the cut-off price.

Past IPOs with similar demand

Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to Sheela Foam's, and how they listed.

IPO	QIB	NII	Retail	Total	Size	Listing gain	Day high
L&T Technology ServicesSep 2016	5.01x	1.03x	1.75x	2.53x	₹894 Cr	+7.0%	+8.3%
Varun BeveragesOct 2016	4.94x	0.42x	0.82x	1.86x	₹1,112 Cr	-3.4%	+6.0%
S.P. ApparelsAug 2016	2.21x	5.10x	1.90x	2.66x	₹254 Cr	+2.6%	+7.7%
Precision CamshaftsJan 2016	2.62x	0.73x	2.01x	1.91x	₹424 Cr	-11.3%	-0.5%
HealthCare Global EnterprisesMar 2016	2.36x	0.43x	0.83x	1.56x	₹650 Cr	-3.6%	-2.8%
HPL Electric and PowerSep 2016	5.77x	22.2x	3.31x	8.06x	₹417 Cr	-5.9%	-2.0%

Lead managers and their listing record

Book running lead manager	Mainboard IPOs since 2019	Avg listing gain	Listed at a premium
Edelweiss Financial Services	16	+25.0%	69%
ICICI Securities	109	+21.3%	69%

Offer documents (NSE)

Red Herring Prospectus (zip) Basis of issue price (zip) Anchor allocation (zip)

Frequently asked

What is the Sheela Foam IPO price band and lot size? ₹680–730 per share.

How many times has it been subscribed? 5.09x overall: QIB 14.5x, NII 3.35x, retail 0.44x.

How did it list? It opened at ₹860, +17.8% against the issue price of ₹730, and closed its first day +41.4%.

Other IPOs of 2016

Laurus Labs GreenSignal Bio Pharma Varun Beverages Endurance Technologies HPL Electric and Power GNA Axles L&T Technology Services RBL Bank All 2016 IPOs →

Important: The AI listing estimates on Flash Finance are statistical estimates drawn from how past Indian IPOs have listed. They are not a forecast of what any IPO will do, not a recommendation to apply, buy or sell, and not investment advice. Listing prices depend on market conditions on the listing day and can differ widely from any estimate; past patterns may not repeat. Subscription figures are as published by NSE (bids on NSE and BSE together) and can be revised. Flash Finance is not a SEBI-registered investment adviser or research analyst. Read the issue's Red Herring Prospectus and consult a SEBI-registered adviser before you invest.