Premium mattress maker Duroflex, backed by private equity firm Lighthouse Funds, has officially converted itself into a public limited company. The move is seen as a major step towards a potential Initial Public Offering (IPO) in the coming years.

Duroflex, known for its range of sleep solutions including mattresses, pillows, and furniture, has been growing rapidly in India’s premium mattress segment. By becoming a public company, Duroflex gains more transparency, corporate governance, and access to capital markets, paving the way for faster expansion.

According to regulatory filings, the company changed its status from a private limited company to a public limited company earlier this month. While no IPO timeline has been confirmed, industry insiders suggest that the company is strengthening its structure for a future stock market debut.

Founded in 1963, Duroflex has grown into one of India’s largest mattress brands with a strong retail and online presence. The company has been expanding aggressively, competing with brands like Sleepwell, Wakefit, and The Sleep Company.

With Lighthouse’s backing and strong financial growth, market experts believe this conversion signals a serious intent to go public and tap into India’s booming consumer market

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