Last updated on January 3rd, 2026 at 01:41 am
| Check Duroflex Ltd DRHP filing with SEBI. | Check Duroflex Ltd IPO allotment |
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 has filed DRHP to raise money via IPO out of which Fresh Issue is ~ ₹ 183.6 crore & Offer for Sale of up to 22,564,569 equity shares.
Subscription date to apply for Duroflex is yet to be announced. Price band for the IPO is also pending to be declared.
Revenue, PAT, EBITDA of Duroflex Limited
| Year | Fiscal 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% |
Duroflex Limited Financials (Consolidated Figures)
| Year (Approx Values) | Revenue (₹ Cr) | Profit (₹ Cr) | Assets (₹ Cr) | Net Worth (₹ Cr) |
| 2023 | ₹ 1,057.5 | ~ ₹ -15.5 | ₹ 737.3 | ₹ 336.3 |
| 2024 | ₹ 1,095.3 | ~ ₹ 11.2 | ₹ 604.2 | ₹ 349.1 |
| 2025 | ₹ 1,134.3 | ~ ₹ 47.2 | ₹ 752.1 | ₹ 398.9 |
Duroflex Limited IPO Grey market premium today
| Date | IPO Price | IPO GMP | GMP Trend | Estimated listing | Estimated profit per lot |
| 11-Dec | ₹ TBA | ₹ NA | – | ₹ – | ₹ – |
| 10-Dec | ₹ TBA | ₹ NA | – | ₹ – | ₹ – |
| 09-Dec | ₹ TBA | ₹ NA | – | ₹ – | ₹ – |
| 08-Dec | ₹ TBA | ₹ NA | – | ₹ – | ₹ – |
| 07-Dec | ₹ TBA | ₹ NA | – | ₹ – | ₹ – |
Duroflex Limited IPO Pros & Cons
Strengths:
- Strong leadership and decades-old brand and one of the fastest growing brand in its segment in India.
- Rapid growth in organized mattress demand, giving Duroflex a competitive edge with its extensive retail network, online reach, and strong customer brand recall.
- Diversified product range across all price segments ensures stable revenue streams and strong penetration in both urban and emerging markets.
- Consistent revenue growth backed by modern manufacturing facilities and R&D capabilities ensures product innovation and market competitiveness.
- IPO proceeds aimed at expansion and working-capital strengthening, which can enhance profitability and long-term growth prospects.
Risks:
- Highly competitive mattress market with strong national and regional players
- Raw-material cost volatility: especially for foam and polymers can significantly affect profitability and operating margins.
- Heavy reliance on retail expansion requires continuous investment, increasing costs and long-term financial obligations.
- Consumer-discretionary demand might slow down during economic downturns, affecting sales in premium segments.
- Any delay in execution of expansion or supply-chain inefficiencies may hinder projected growth after the IPO.
Duroflex Limited: IPO date & invest detail
| IPO Open Date: | TBA |
| IPO Close Date: | TBA |
| Anchor Investor Bidding | TBA |
| IPO Allotment Date: | TBA |
| Refunds & Demat Credit | TBA |
| Tentative Listing Date: | TBA |
| IPO Category | Mainboard |
| Symbol | |
| Face Value: | Rs. 01 per Equity Share |
| Issue Size: | ~ ₹ 183.6 Cr (Fresh) + OFS Up to 22,564,569 shares |
| Lot Size: | TBA |
Duroflex Limited IPO Composition & Proceeds
| Fresh Issue: | ~₹ 183.6 crore |
| Offer for Sale: | ~ 22,564,569 Equity shares |
| Employee reservation | – |
| Price Range | TBA |
| Use of Proceeds: | |
| 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 |
| IPO Listing on: | BSE – NSE |
| Retail Quota: | ≤ 10% |
| QIB Quota: | ≥ 75% |
| NII Quota: | ≤ 15% |
Duroflex Limited Lot Size details
| Application Type | Lot Size | No. of Lots | No. of Shares | Investment Amount |
| Retail(Min) | – | 1 | – | ₹ – |
| Retail (Max) | – | 13 | – | ₹ – |
| Small HNI (Min) | – | 14 | – | ₹ – |
| Small HNI (Max) | – | 66 | – | ₹ – |
| Big HNI (Min) | – | 67 | – | ₹ – |
Core Offerings of Duroflex Limited
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.
Duroflex Limited Promoters – Pre offer equity (Approx)
| Jacob Joseph George | ~16.36% |
| Mathew Chandy | ~16.38% |
| Mathew George | ~15.85% |
| Mathew Antony Joseph | ~17.51% |
Lead Managers / Registrars of Duroflex Limited
| Lead / Book Running Lead Managers | JM Financial Limited, Motilal Oswal Investment Advisors Limited |
| Registrar (RTA) | KFin Technologies Limited |
Founding Year of Duroflex Limited & Managing Director
Duroflex Limited was incorporated on 09 November 1981.
Mr. Jacob George is the Managing Director of Duroflex.
Duroflex Limited FAQ
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).
Q 7. When is the tentative listing date?
Expected listing date is yet to be announced.
For more amazing blogs click here (IPO Corner).
Click for the latest upcoming IPO Calendar
For further information you can visit official website of Duroflex Limited
