Sheela Foam raises ₹153 cr from anchors

Sheela Foam on Monday allotted about 20.96 lakh equity shares at ₹730 a share aggregating to ₹153 crore to 14 anchor investors. The company saw spectacular response from anchor investors, who had bid for more than 10-times the number of shares from the anchor book. The anchor investors include leading international and domestic investors such as Fidelity, Goldman Sachs, East Spring, HDFC MF, SBI MF, ICICI Pru AMC, Premji Invest, IDFC MF and Sundaram MF. Our Bureau