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Company Background

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.

The winning 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

Issue Details

Security Symbol SFL
Security Code 540203
ISIN INE916U01025
Offer Size 42,33,764  shares
Retail Offer Size 10 % of Issue Size reserved for Retail
Reservation to Retail Investors 4,23,376 shares
Non-Retail Offer Size 38,10,388 shares
Market Lot 1 share
Tick Size Rs 0.05/-
Face Value Rs 5/-
Floor Price Rs 1100/-
Allocation Methodology Price Priority Method
Bid Opening Date
27th March’ 2019
Bid Closing Date
27th March’ 2019
Bid Opening Date
( RI/RIC )
28th March’ 2019
Bid Closing Date
( RI/RIC )
28th March’ 2019
  • And Un-allocated Bidders on T Day (26th March 2019) who choose to carry forward their bid on T+1 Day (27th March
  • Please note : –
    • 1. Retail Investor shall mean an individual investor who places bids for shares of total value of not more than Rs.2 lakhs.
    • 2. Retail Investors have an Option to bid in “RI” “RIC” and/or “NII” category.
      • 1. Retail Investors can bid in “RI” and “RIC” Category upto (i.e. less or equal to) Rs 2 lacs.
      • 2. Retail Investors can bid in NII category only above Rs. 2 Lacs.
    • 3. Multiple bidding will be allowed.
    • 4. Additionally, Retail Bids bidding in NII category will NOT be allowed below Rs. 2 lacs.
    • 5. Retail Investors bidding in NII category will not be eligible for discount (if any) offered by Seller(s).
    • 6. If the cumulative bid value of a retail investor across Exchanges in “RI” “RIC” and “NII” category exceeds
    • 7. Rs.2 lacs, the bids in the “RI” and ”RIC” category shall become ineligible.
    • 8. If the cumulative bid value of a retail investor in “RI” and “RIC” across Exchanges exceeds Rs. 2 Lacs, all such
      bids will not be eligible for allocation.
    • 9. To place Retail Investor bids at Cut Off Price, Users are required to select RIC category.
    • 10. Cut-off price will be determined based on the bids received on T Day.
    • 11. Margin will be blocked on Cut-off price of Non Retail Investors.
    • 12. There is no change in rule and mechanism for bidding for Other Categories – NII, MF, IC, OTHS.
    • 13. The un-allocated bids of T day will be available for carry forward in the Un-allocated Bid Book on T+1 day.
    • 14. For placing order online call our call to trade desk at 022-28584444
    • 15. Please note Fresh bid will be accepted till 3 pm.
    • 16. Revision of bid will be accepted till 3.15 pm

Portal Timing: 11.00am – 3.00pm


Step 1: Visit Bank of India’s InstaPay Bill Payment page Step 4: Please enter your client code (existing ACMIIL client). Else, choose pan card and click validate
Step 2: Scroll down and select ACMIIL in the Offer For Sale option and click SUBMIT Step 5: Submit your bid
Step 3: Select the OFS symbol3: Select Step 6: Make payment

Note: Rs.75/- charge will applicable for online order processing.

To place the order, please call on 022-28584444 (10am to 3pm)

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