Thursday, 8 December 2016

Nifty claws back 8200, Sensex rises over 300 pts

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Sleepwell mattress maker Sheela Foam is set to debut on bourses on December 9. It has fixed issue price at higher end of price band of Rs 680-730 per share. The Rs 510-crore initial public offer was oversubscribed 5.09 times on December 1, the last day for subscription. The issue was opened on November 29. 

Out of total issue size, Sheela Foam, on November 28, had raised around Rs 153 crore by allotting shares to anchor investors like Fidelity, Goldman Sachs, East Spring, HDFC MF, SBI MF, ICICI Prudential AMC, Premji Investment, IDFC MF and Sundaram MF.

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