16 Oct 2025 | 5 Mins Read
Duroflex files IPO papers, eyes Rs 184-cr through fresh issue
Flipitmoney
Duroflex, a top Indian mattress company, has filed preliminary papers with Sebi to raise Rs 183.6 crore through an IPO. The funds will be used for new stores, marketing, and general corporate purposes. Promoters and investors, including Lighthouse India Fund, will offload shares. The company, with a strong pan-India network, saw revenue grow to Rs 1,134 crore in FY25 from Rs 1,057 crore in FY23.