Sheela Group

Noida, India Founded: 1971 • Age: 55 yrs
Manufacturer of mattress and foam products
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About Sheela Group

Sheela Group is a company based in Noida (India) founded in 1971.. The company has 4,620 employees as of March 31, 2024. Sheela Group has completed 1 acquisition, including Kurlon. Sheela Group offers products and services including Foams and Mattresses.

  • Headquarter Noida, India
  • Employees 4620 as on 31 Mar, 2024
  • Stage Public
  • Sectors
    Chemicals & Materials
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Sheela Foam Ltd.
Operational Areas
Chemicals & Materials → Polymers, Plastics & Petrochemicals
Key Metrics
  • Annual Revenue
    $400.93 M (USD)
    15.08
    as on Mar 31, 2024
  • Net Profit
    $11.23 M (USD)
    -47.33
    as on Mar 31, 2024
  • EBITDA
    $29.44 M (USD)
    -18.34
    as on Mar 31, 2024
  • Latest Funding Round
    $377.75 K (USD), Post-IPO

    Mar 21, 2024

  • Investors
  • Employee Count
    4620

    as on Mar 31, 2024

  • Investments & Acquisitions
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IPO & Listings of Sheela Group

Sheela Group is a publicly listed company on the NSE with ticker symbol SFL in India, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NSE · Ticker: SFL . Sector: Process industries · India

Products & Services of Sheela Group

Sheela Group offers a comprehensive portfolio of products and services, including Foams and Mattresses. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Foams are manufactured for comfort applications and industrial uses, including mattresses and specialized sectors

Mattresses are provided under various brands for daily rest and support, serving millions across regions

People of Sheela Group
Headcount 1000-5000
Employee Profiles 16
Board Members and Advisors 9
Employee Profiles
People
Kanwaljeet Singh
Senior Vice President- Small Town India
People
Anuradha Singh
Head - Retail Experience
People
Rahul Gautam
Chairman & MD
People
Alejandro Palao Serrano
CEO, Spain, Interplasp

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Board Members and Advisors
people
Sheela Gautam
Founder & Chairperson
people
Tushaar Gautam
Director
people
Namita Gautam
Director
people
Rakesh Chahar
Director

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Funding Insights of Sheela Group

  • Total Funding
  • Total Rounds 1
  • Last Round Post-IPO — $377,751
  • First Round

    (21 Mar 2024)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2024 Amount Post-IPO - Sheela Group Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Sheela Group

Sheela Group has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include International Conveyors. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Fabric and PVC conveyor products are manufactured and marketed.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Sheela Group

Sheela Group has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Kurlon. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Kurlon is recognized as a leading mattress brand in India.
1962
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Sheela Group

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Sheela Group Comparisons

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Competitors of Sheela Group

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Sheela Group

Frequently Asked Questions about Sheela Group

When was Sheela Group founded?

Sheela Group was founded in 1971 and raised its 1st funding round 53 years after it was founded.

Where is Sheela Group located?

Sheela Group is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.

How many employees does Sheela Group have?

As of Mar 31, 2024, the latest employee count at Sheela Group is 4,620.

What is the annual revenue of Sheela Group?

Annual revenue of Sheela Group is $400.93M as on Mar 31, 2024.

What does Sheela Group do?

Founded in 1971 and headquartered in Noida, India, operations focus on the production of memory foam and polyurethane foam grades for the furniture sector. Flexible open-cell polyurethane foams are supplied to industries including bedding, furniture, medical, and specialist applications. A broad range of products is provided to meet diverse industrial needs.

What products or services does Sheela Group offer?

Sheela Group offers Foams and Mattresses.

Is Sheela Group publicly traded?

Yes, Sheela Group is publicly traded on NSE under the ticker symbol SFL.

How many acquisitions has Sheela Group made?

Sheela Group has made 1 acquisition, including Kurlon.

Who are Sheela Group's investors?

Sheela Group has 1 investor. Key investors include International Conveyors.

What is Sheela Group's ticker symbol?

The ticker symbol of Sheela Group is SFL on NSE.

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