Duroflex Limited IPO DRHP
Duroflex is a provider of sleep and comfort solutions in India, supported by a diversified omni-channel distribution network. The Company manufactures a broad portfolio of products including foam, mattresses, sofas, recliners, beds, pillows, accessories and other home furnishings. It operates technology-enabled and vertically integrated manufacturing facilities, with seven plants located across India, enabling in-house production of all its mattresses and foam products. Duroflex has adopted a ‘house of brands’ architecture within the sleep and comfort segment, with distinct brands catering to varied customer segments and price points. This strategy allows the Company to address the full spectrum of mattress consumers across the Indian market.
Duroflex IPO Objects
- Capital expenditure to be incurred by the Company for setting up of New COCO Stores
- Expenditure for lease, sub-lease rent & license fee payments for the existing COCO Stores & Manufacturing Facility – VII
- Marketing & advertisement expenses towards enhancing the awareness and visibility of the brand
- General corporate purposes
Duroflex IPO Details
Price Band₹ |
Listing AtNSE & BSE |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹183.60 Cr (0.00 Shares) |
Offer For Sale₹0.00 (2.26 Cr Shares) |
Total Issue₹183.60 Cr (2.26 Cr Shares) |
Face Value₹1 per equity share |
Category Allocation
| Particulars | Allocation |
|---|---|
| QIBs | Not more than 50% of Net Offer |
| Big HNIs (NII) | Not less than 10% of Net Offer |
| Small HNIs (NII) | Not less than 5% of Net Offer |
| Retail | Not less than 35% of Net Offer |
Duroflex IPO Financials
| Particulars | Jun-25 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| Revenue | 292.52 | 1,134.25 | 1,095.30 | 1,057.49 |
| PAT | 5.64 | 47.16 | 11.20 | -15.47 |
| Net Worth | 403.22 | 398.88 | 349.11 | 336.27 |
| Borrowings | 7.64 | 9.80 | 23.22 | 154.10 |
| Assets | 779.36 | 752.07 | 604.23 | 737.29 |
| NAV (₹) | 42.12 | 41.67 | 36.41 | 35.17 |
| EPS (₹) | 0.59 | 4.93 | 1.17 | -1.62 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | VALUES |
|---|---|
| EBITDA | 8.64% |
| PAT | 4.16% |
| ROE | 12.72% |
| ROCE | 14.90% |
- All the data pertains to FY 2024-25.
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
Promoter Details
| Name | Shareholding |
|---|---|
| Jacob George | 16.36% |
| Mathew Chandy | 16.38% |
| Mathew George | 15.85% |
| Mathew Joseph | 17.51% |
| Total | 66.10% |
Management Details
| Name | Designation |
|---|---|
| Jacob George | Chairman & MD |
| Sridhar Balakrishnan | CEO |
| Rajat Rastogi | CFO |
Company Details
Name: Duroflex Limited
Address: P. B. No. 3808, Chungom, Alappuzha, Ambalappuzha 688 011, Kerala, India
Number: +91 8904692541
Email: cs@duroflexworld.com
Website: www.duroflexworld.com
Book Running Lead Managers (BRLMs)
RTAs
MUFG Intime India
Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Duroflex IPO is a Mainboard IPO having an issue size of Rs. ₹183.60 Crs. Duroflex IPO is priced at ₹ - ₹ per share. The issue opens on 14 Mar 26 and closes on 14 Mar 26.
Duroflex IPO opens on 14 Mar 26 and closes on 14 Mar 26.
The estimated Grey Market Premium of Duroflex IPO is ₹0 per share (-).
The minimum lot size of Duroflex IPO is shares & the minimum application amount is Rs. 0.
The allotment date of Duroflex IPO is 14 Mar 26.
The listing date of Duroflex IPO is 14 Mar 26.
Duroflex IPO is subscribed -.
Duroflex IPO is priced at ₹ - ₹ per share.
Click the allotment link on Duroflex IPO page of IPO360.
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