- Q1. What is the business of Duroflex Limited?
Duroflex is a sleep and comfort-solutions company selling mattresses, foam, furniture, pillows and bedding accessories under brands like Duroflex, Sleepyhead & Perfect rest. - Q2. Why is the company raising funds via IPO?
Duroflex is raisng funds for expansion which includes setting up around 120 new company-owned stores, supporting lease/licence costs for existing stores and a new manufacturing facility along with marketing and general corporate expenses. - Q3. What is the size of the issue and where will it list?
The issue size of the IPO comprises a fresh issue worth up to ₹ 183.6 crore and an Offer-for-Sale (OFS) of Up to 22,564,569 shares. And it will be listed on the BSE & NSE platform. - Q4. What are the risks to an investor?
Intense competition in the mattress/home-furnishing market, raw-material cost volatility (foam/polymers), and execution risk in rapid retail expansion. - Q5. What are the potential upsides?
Strong brand and market leadership in modern mattresses, diverse product range, growing demand for branded sleeping solutions, and potential growth via retail expansion and nationwide reach. - Q6. How to apply for the IPO?
You can apply for the IPO via your brokerage/demat account when the IPO opens and follow usual NSE IPO subscription steps (UAN, ASBA, etc).
Upcoming
Duroflex Limited
0
Rating
Duroflex Limited is leading mattress and sleep-solutions company and it manufactures and sale variety of products like mattresses, sleep accessories, and related lifestyle comfort products. The company operates across multiple product categories such as mattresses, pillows, protectors, furniture, and other sleep-enhancing solutions.
Duroflex Limited was incorporated on 09 November 1981.Mr. Jacob George is the Managing Director of Duroflex.
Duroflex offers multiple product portfolio like mattresses, foam, furniture, pillows, bedding accessories. It is well known for its popular brands like “Duroflex”, “Sleepyhead” and “Perfect Rest” through these products it caters its customers in multiple segments which includes luxury, premium, mass and economy class.It has 73 company-owned company operated (COCO) stores with over 5,500 general trade outlets and has a strong digital presence. It is among the top three mattress-makers in India.
Subscription date to apply for Duroflex Limited starts and closes on TBA. Price band for the IPO is TBA.
Revenue, PAT, EBITDA
|
Year
|
2025
|
|---|---|
|
Networth
|
~ ₹ 398.88 Cr
|
|
Revenue
|
~ ₹ 1134.25 Cr
|
|
EBITDA
|
~ ₹ 97.97 Cr
|
|
PAT
|
~ ₹ 47.16 Cr
|
|
EBITDA Margin
|
~8.64%
|
|
PAT Margin
|
~4.16%
|
|
Face Value
|
Rs.01 per Equity Share
|
IPO Important Dates
|
#
|
Date
|
|---|---|
|
Open Date
|
TBA
|
|
Close Date
|
TBA
|
|
Anchor Investor Bidding
|
TBA
|
|
Allotment Date
|
TBA
|
|
Refunds& Demat Credit
|
TBA
|
|
Tentative Listing Date
|
TBA
|
Use Of Proceeds
|
Purpose
|
Amount
|
|---|---|
|
Setting new COCO stores
|
~ ₹ 50.44 Cr
|
|
Lease payments and store fit-outs
|
~ ₹ 42.13 Cr
|
|
Marketing and Advertisement Expense
|
~ ₹ 45.18 Cr
|
|
-
|
-
|
|
-
|
-
|
|
General Corporate Purpose
|
Balance
|
Financial Data
|
#
|
2023
|
2024
|
2025
|
|---|---|---|---|
|
Revenue (₹ Cr)
|
₹ 1,057.5
|
₹ 1,095.3
|
₹ 1,134.3
|
|
PAT (₹ Cr)
|
₹ -15.5
|
₹ 11.2
|
₹ 47.2
|
|
Asset (₹ Cr)
|
₹ 737.3
|
₹ 604.2
|
₹ 752.1
|
|
Net Worth (₹ Cr)
|
₹ 336.3
|
₹ 349.1
|
₹ 398.9
|
IPO Grey Market Premium
|
Date
|
IPO Price
|
IPO GMP
|
Profit Per Lot
|
|---|---|---|---|
|
17-July
|
₹ –
|
₹ –
|
₹ –
|
|
16-July
|
₹ –
|
₹ –
|
₹ –
|
|
15-July
|
₹ –
|
₹ –
|
₹ –
|
|
14-July
|
₹ –
|
₹ –
|
₹ –
|
|
13-July
|
₹ –
|
₹ –
|
₹ –
|
Promoters – Pre offer equity (Approx)
|
Promoters
|
% Shares
|
|---|---|
|
Jacob Joseph George
|
~16.36%
|
|
Mathew Chandy
|
~16.38%
|
|
Mathew George
|
~15.85%
|
|
Mathew Antony Joseph
|
~17.51%
|
|
-
|
-
|
|
-
|
-
|
Lot Size details
|
Application Type
|
Lot Size
|
No. of Lot
|
No. of Shares
|
Investment Amount
|
|---|---|---|---|---|
|
Retail (Min)
|
–
|
1
|
–
|
₹ –
|
|
Retail (Max)
|
–
|
13
|
–
|
₹ –
|
|
HNI (Min)
|
–
|
14
|
–
|
₹ –
|
|
HNI (Max)
|
–
|
66
|
–
|
₹ –
|
|
Big HNI (Min)
|
–
|
67
|
–
|
₹ –
|
Key Performance Index (KPI)
|
ROE
|
00
|
|---|---|
|
ROCE
|
00
|
|
RoNW
|
00
|
