Sheela Foam has completed the acquisition of 35% of the share capital of House of Kieraya (Furlenco) on a fully diluted basis for an aggregate consideration of Rs 300 crore. The acquisition will help the company enter the fast-growing branded furniture market. Earlier in July 2023, the company had received an approval for the acquisition.
Sheela Foam is a leading manufacturer of mattresses in India marketed under its flagship brand “Sleepwell”.
| Company Name | CMP |
|---|---|
| Hindustan Unilever | 2139.45 |
| Godrej Consumer Prod | 1081.10 |
| Dabur India | 427.65 |
| Colgate Palmol. (I) | 1978.10 |
| P&G Hygiene | 9863.35 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: