Makers of Sleepwell mattresses Sheela Foam
garnered only one per cent subscription for its Rs 510-crore IPO
on Tuesday, the first day of the issue. The company on Monday raised Rs 153 crore from anchor investors, which included ICICI Prudential MF, SBI MF and Goldman Sachs. Shares were allotted to anchor investors at Rs 730 per share, the upper end of the IPO
price band of Rs 680-730. Sheela Foam's IPO
closes on December 1. Edelweiss Financial Services and ICICI Securities are the book running lead managers to the issue.