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Sheela Foam IPO subscribed 5 times

New Delhi: The Rs 510-crore initial public offer of Sheela Foam, maker of Sleepwell mattresses, was subscribed over five times on the final day of bidding on Thursday.



New Delhi: The Rs 510-crore initial public offer of Sheela Foam, maker of Sleepwell mattresses, was subscribed over five times on the final day of bidding on Thursday. The IPO received bids for 2,66,22,640 shares as against the total issue size of 52,50,001 shares, garnering a subscription of 5.07 times, as per NSE data till 1900 hours. PTI

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