Duroflex wakes up as Wakefit closes in on an IPO

The six-decade old mattress maker files its draft IPO papers just as Wakefit wins approval for a public market debut—setting up a bruising battle for the No. 2 spot.

23 November, 202510 min
0
Duroflex wakes up as Wakefit closes in on an IPO

You may also like

Business
Story image

Another see-saw year for markets ahead?

2025 was a year of many contrasts for India’s stock market. The big hope for 2026 is of foreign investors coming back, as valuations temper and earnings growth picks up.

Business
Story image

The pressures on Tadawul index and Saudi’s attempt to fix them

Saudi Arabia’s primary market has been facing challenges despite a rather busy IPO pipeline.

Internet
Story image

FabHotels pivoted to corporate travel for survival. Can it grow?

The challenges of running a budget hotel chain in India forced the decade-old company to quietly shift its focus to a travel management platform for corporate travellers. Now it must face challenges of another kind.