Who owns Joyce Foam?
Joyce Foam is owned by Sheela Foam (India, NSE: SFL).[1]
This ownership is reported in official statements but has not yet been matched to a regulatory filing.
Evidence: Sheela Foam Limited Annual Report 2025-26. Last checked .
Key facts
- Current owner
- Sheela Foam Limited reported
- Owner HQ
- 🇮🇳 India, Noida
- Origin
- 🇦🇺 Australia
- Category
- Home, garden & DIY › Furniture & furnishings › Bedding & mattresses
- Parent ticker
- NSE: SFL BSE: 540203
- Last verified
- · 1 sources
About Joyce Foam
Joyce Foam is the wholly owned Australian foam subsidiary of Sheela Foam, which the annual report says has production centres in Adelaide, Melbourne, Brisbane, Perth and Sydney. It manufactures foam for branded comfort-product makers rather than selling mattresses under its own name to consumers, and the report names Joyce Foam Pty Ltd as a material non-listed foreign subsidiary of the group.
Ownership timeline of Joyce Foam
- Current owner Sheela Foam [1] reported
Where Joyce Foam sits in Sheela Foam
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
- Interplasp (93.66%)
- Joyce Foam
- Kurlon
- Sleepwell
Open the full Sheela Foam ownership tree →
See the full Sheela Foam brand portfolio (4) →
Other brands owned by Sheela Foam
Sheela Foam controls 4 brands on Brandtree, 4 of them in home, garden & diy.
Also in home, garden & diy
- Interplasp
- Kurlon (1962)
- Sleepwell
Other brands in bedding & mattresses, and who owns them
The 30 brands in bedding & mattresses on Brandtree belong to 12 owners. The largest is Welspun Living, with 5; Sheela Foam has 4.
| Brand | Owner | Owner based in |
|---|---|---|
| Christy | Welspun Living | 🇮🇳 India |
| Sealy | Somnigroup | 🇺🇸 United States |
| Simba | Fairfax Financial | 🇨🇦 Canada |
| BICO | Hilding Anders | 🇸🇪 Sweden |
| Vitablom | Vitafoam | 🇳🇬 Nigeria |
| Baby Boom | Crown Crafts | 🇺🇸 United States |
| Puffy | Yataş | 🇹🇷 Turkey |
| Adairs | Adairs | 🇦🇺 Australia |
About the owner: Sheela Foam
Sheela Foam is a publicly listed company headquartered in Noida, India, founded in 1971. Brandtree records 4 brands under its control, and it is listed as NSE: SFL and BSE: 540203.
Sheela Foam Limited is an Indian company incorporated in 1971 that makes mattresses and polyurethane foam, with a head office in Noida and shares listed on the NSE (SFL) and BSE (540203). Its annual report for 2025-26 names Sleepwell and Kurlon as its flagship mattress brands; Kurlon Enterprise Limited, acquired in 2023, was merged into Sheela Foam under a scheme of arrangement. It also holds foam subsidiaries in Australia (Joyce Foam) and Spain (Interplasp) and a minority stake in the furniture-rental business Furlenco.
🇦🇺 Joyce Foam and other Australian brands
Brandtree records a controlling owner for 203 brands that began in Australia. 59 of them (29%) are now controlled by a company headquartered in another country, Joyce Foam among them.
Frequently asked questions
Who is the parent company of Joyce Foam?
The parent company of Joyce Foam is Sheela Foam, a publicly listed company headquartered in India.
Is Joyce Foam Australian or Indian?
Joyce Foam originated in Australia, but it is owned today by Sheela Foam, which is headquartered in India. So Joyce Foam is an Australian-origin brand under Indian ownership.
Is Joyce Foam still owned by Sheela Foam?
Yes. As of 4 October 2026, Joyce Foam is still owned by Sheela Foam. The ownership record was last checked against primary sources on that date.
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] Sheela Foam Limited Annual Report 2025-26 — Sheela Foam Limited, Annual report; retrieved 4 October 2026.
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