Duroflex Limited IPO

Duroflex Limited IPO

Mainboard NSE & BSE 100% Book Built Offer
Open

Price Band

₹

Total Issue

₹0.00 Cr

Bid Dates

TBA - TBA

Subscription

-

Est. GMP

₹0 (-)

Website DRHP

Business Overview

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.

Objects of Issue

  1. Capital expenditure to be incurred by the Company for setting up of New COCO Stores
  2. Expenditure for lease, sub-lease rent & license fee payments for the existing COCO Stores & Manufacturing Facility – VII
  3. Marketing & advertisement expenses towards enhancing the awareness and visibility of the brand
  4. General corporate purposes

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Duroflex IPO
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

KPIs

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.

Shareholding

Promoter

66.10%

Public

33.90%

Jacob George 16.36%
Mathew Chandy 16.38%
Mathew George 15.85%
Mathew Joseph 17.51%

Management

Jacob George Chairman & MD
Sridhar Balakrishnan CEO
Rajat Rastogi CFO

Registrar & Lead Managers

Registrar

MUFG Intime India

MUFG Intime India

Frequently Asked Questions

What is Duroflex IPO?
Duroflex IPO is a Mainboard IPO having an issue size of ₹0.00 Crs. Duroflex IPO is priced at ₹ - ₹ per share. The issue opens on 15 Apr 26 and closes on 15 Apr 26.
When will Duroflex IPO open?
Duroflex IPO opens on 15 Apr 26 and closes on 15 Apr 26.
What is the GMP of Duroflex IPO?
The estimated Grey Market Premium of Duroflex IPO is ₹0 per share (-).
What is the lot size of Duroflex IPO?
The minimum lot size of Duroflex IPO is shares & the minimum application amount is Rs. 0.
When is the allotment of Duroflex IPO?
The allotment date of Duroflex IPO is 15 Apr 26.
What is the listing date of Duroflex IPO?
The listing date of Duroflex IPO is 15 Apr 26.
What is the subscription of Duroflex IPO?
Duroflex IPO is subscribed -.
What is the price band of Duroflex IPO?
Duroflex IPO is priced at ₹ - ₹ per share.
How to check allotment status of Duroflex IPO?
Click the allotment link on Duroflex IPO page of IPO360.
How to apply Duroflex IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Duroflex IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Duroflex IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Duroflex IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date