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Duroflex files DRHP for ₹183 crore IPO as it eyes retail expansion
Duroflex plans ₹183 crore IPO to fund retail expansion across India.
Mattress and sleep solutions maker Duroflex has submitted its Draft Red Herring Prospectus (DRHP) with SEBI to raise ₹183 crore through a fresh issue. The capital will be used to scale its retail network across India and deepen presence in tier-II/III markets. The IPO filing signals the company’s ambitions in the consumer comfort space, which is seeing rising demand post-pandemic. Analysts are closely watching valuations, competitive positioning, and local sourcing strategies as Duroflex enters the capital markets.