Sham Foam IPO
GMP, Subscription, Price, Dates & Financial Details
Household & Personal Products
Incorporated in 2020, Sham Foam is engaged in the manufacturing, distribution, marketing, and sale of polyurethane (PU) foam, mattresses, and allied home comfort products, primarily catering to the Indian market. The company also manufactures industrial-grade PU foam, which is widely used across…
Open Date
Tue, 11 Aug 2026
Close Date
Thu, 13 Aug 2026
Issue Price
₹ 130
Lot Size
1000
Issue Size
₹ 40.48 Cr
Minimum Investment
₹ 260,000 (2000 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
According to the Red Herring Prospectus (RHP), Sham Foam IPO was a fixed price issue with a total issue size of ₹40 Crore, comprising a fresh issue of 29.58 Lakh equity shares aggregating to ₹40.48 Crore.
The Sham Foam IPO was open for subscription from August 11, 2026, to August 13, 2026. The basis of allotment was finalized on August 14, 2026, and the shares are tentatively scheduled to be listed on BSE SME Platform on August 18, 2026.
The company had fixed the price at ₹130 per share, with a lot size of 1000 shares. Retail investors were required to make a minimum investment of ₹260,000 (based on the upper price band) to apply for one lot.
Alankit Assignments Ltd is the registrar to the issue. Navigant Corporate Advisors Ltd, and Corporate Makers Capital Limited are the Book Running Lead Managers (BRLMs) to the issue.
Following the completion of the allotment process, successful applicants should receive the allotted shares in their demat accounts before the tentative listing on BSE SME Platform on August 18, 2026. Investors who did not receive an allotment can expect their refunds, if applicable, to be processed as per the IPO schedule.
Sham Foam IPO Timeline (Tentative)
- IPO Open Date
- Tue, 11 Aug 26
- IPO Close Date
- Thu, 13 Aug 26
- Basis of Allotment
- Fri, 14 Aug 26
- Initiation of Refunds
- Mon, 17 Aug 26
- Credit of Shares to Demat
- Mon, 17 Aug 26
- Listing Date
- Tue, 18 Aug 26 — NSE & BSE
Open Date
11 August 2026
Close Date
13 August 2026
Basis Of Allotment
14 August 2026
Listing Date
18 August 2026
IPO Subscription
Check Live Subscription →The Sham Foam IPO has received bids for 72,47,000 shares against 29,58,000 shares offered, resulting in an overall subscription of 2.45x. the NII category is subscribed 2.28x, Retail Investors 2.62x, and QIBs 0x.
QIB
0x
NII
2.28x
RII
2.62x
Total
2.45x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 14,79,000 shares, representing 50% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 0 shares (%), while Non-Institutional Investors (NIIs) receive 14,79,000 shares (50%).
| Category | Shares Offered | Shares Offered |
|---|---|---|
| Non-Institutional | 1,479,000 | 50% |
| Retail Investors | 1,479,000 | 50% |
| Total | 2,958,000 | 100% |
Financials Details(₹ in Crores)
| Particular | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 49.32 | 36.58 | 33.55 |
| Revenue | 92.39 | 81.62 | 73.89 |
| Profit After Tax | 8.65 | 3.58 | 2.97 |
| Net Worth | 21.11 | 12.46 | 8.88 |
| Reserve & Surplus | 12.74 | 4.25 | 8.7 |
| Total Borrowings | 3.99 | 9.22 | 10.11 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Sham Foam Limited KPI Information
| Particular | Mar 2026 | Mar 2025 | Mar 2024 |
|---|---|---|---|
| ROE % | 51.53 | 33.56 | 56.03 |
| ROCE % | 45.73 | 22.56 | 23.79 |
| Debt / Equity | 0.19 | 0.74 | 1.14 |
| RoNW % | 40.97 | 28.74 | 33.4 |
| Pat Margin % | 9.37 | 4.41 | 4.02 |
Peers Comparison
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Sham Foam Ltd. | 10 | 12.58 | 10.33 | 10.33 | 40.97 | 25.21 |
| Sheela Foam Ltd. | 5 | 64.5 | 11.96 | 11.96 | 4.48 | 266.69 |
| Wakefit Innovations Ltd. | 1 | 21.22 | 6.03 | 6.03 | 22.9 | 343 |
About Sham Foam Limited
Incorporated in 2020, Sham Foam is engaged in the manufacturing, distribution, marketing, and sale of polyurethane (PU) foam, mattresses, and allied home comfort products, primarily catering to the Indian market. The company also manufactures industrial-grade PU foam, which is widely used across industries such as furniture, apparel, sports goods, and automotive.
The company's diversified product portfolio includes mattresses, pillows, cushions, furniture cushioning, and PU foam cores used in a wide range of home comfort applications. Sham Foam specializes in providing customized PU foam and mattress solutions tailored to meet specific customer requirements.
Its mattresses are marketed under the Featherfresh and Restivia brands, offering both pure foam and hybrid mattresses (including spring and rebonded foam variants) with customizable features. The company's pillows and cushions are primarily sold under the Featherfresh brand and are manufactured using different foam densities to provide superior comfort, support, and durability.
As a vertically integrated manufacturer, Sham Foam oversees the entire value chain, including product design, engineering, manufacturing, quality control, distribution, and customer engagement. This integrated business model enables the company to maintain consistent product quality, optimize operational efficiency, and respond effectively to customer needs.
The company operates a state-of-the-art manufacturing facility located in Ambala, Haryana, spread across approximately 204,460 square feet. The facility is certified under ISO 9001:2015 and complies with BIS (IS 7933:2022) standards. With an installed PU foam production capacity of 15,000 tonnes per annum (TPA), the plant is strategically positioned near major customer markets, ensuring efficient logistics, shorter delivery timelines, and enhanced customer service.
Sham Foam has established a strong distribution network across 13 Indian states, supplying its products in Bihar, Chandigarh, Delhi, Gujarat, Haryana, Himachal Pradesh, Jammu & Kashmir, Madhya Pradesh, Maharashtra, Punjab, Rajasthan, Uttar Pradesh, and Uttarakhand. The company's expanding market presence reflects its commitment to delivering high-quality home comfort and industrial foam solutions across India.
Sham Foam IPO Promoters
- Mr. Rajinder Kumar Jindal
- Mr. Sanjeev kumar Jindal
- Ms. Monica Jindal
- Ms. Deepika Jindal
- Charming Fashions Pvt Ltd.
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
72.90%
Sham Foam IPO Objective
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects.
- To finance the Capital expenditure requirements for civil construction and purchase of Machineries and Equipments for existing manufacturing facility
- To part finance the requirement of Working Capital
- To meet General corporate purposes
Sham Foam Limited Address / Contact Details
Sham Foam Ltd. Address
Khasra No. 18/16/2, Shahzadpur Yamunanager Road,
NH-344, Village Rajpura,
Tehsil Shahzadpur,
Ambala, Haryana, 134202
Tel:+91-8572071526
Email:info@shamfoam.com
Website:http://www.shamfoam.com/
IPO Snapshot
Sham Foam IPO Lot Size
The Sham Foam IPO has a lot size of 1,000 shares. Retail investors require a minimum investment of ₹2,60,000 by applying for 2 lot (2,000 shares). The maximum application allowed for the retail category is 2 lots (2,000 shares), requiring an investment of ₹2,60,000.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 2,000 | 260,000.00 |
| Retail (Max) | 2 | 2,000 | 260,000.00 |
| S-HNI (Min) | 3 | 3,000 | 390,000.00 |
Issue Reservation
- NII — 50%
- RII — 50%
Book Running Lead Managers
- Navigant Corporate Advisors Ltd
- Corporate Makers Capital Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Sham Foam IPO?
Sham Foam IPO is a Fixed price IPO with a total issue size of ₹40.48 crore. The Sham Foam IPO price band is ₹130 to 130 per share. The Sham Foam IPO subscription opens on Tue, Aug 11, 2026, and closes on Thu, Aug 13, 2026. The Sham Foam IPO will be listed on the BSE. Alankit Assignments Ltd is the registrar for the Sham Foam IPO.
When will the Sham Foam IPO open for subscription?
The Sham Foam IPO opens on Tue, Aug 11, 2026 and closes on Thu, Aug 13, 2026
What is Sham Foam IPO Price Band?
Sham Foam IPO Price Band is ₹130 to 130 per share.
What is Sham Foam IPO Lot Size?
Sham Foam IPO lot size is 1000 shares, Retail investors need a minimum investment of ₹260000 based on the upper price band
What is the minimum investment for Sham Foam IPO?
The minimum investment for Sham Foam IPO is ₹260000, based on one lot of 1000 shares at the upper price band of ₹130 per share.
How to apply for Sham Foam IPO?
Investors can apply for the Sham Foam IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Thu, Aug 13, 2026. The application amount remains blocked until the Sham Foam IPO allotment is finalized.
What is Sham Foam IPO Issue Size?
Sham Foam IPO issue size is ₹40.48 crores.
What is the Sham Foam IPO Allotment Date?
Sham Foam IPO allotment date is Fri, Aug 14, 2026.
Who is the Sham Foam IPO Registrar?
The registrar for Sham Foam IPO is Alankit Assignments Ltd. Investors can go to Alankit Assignments Ltd website to check Sham Foam IPO allotment status, refund processing, and other IPO-related information.
What is the Sham Foam IPO GMP?
The Sham Foam IPO GMP (Grey Market Premium) is ₹0 as of Sat, Aug 8, 2026. Based on the upper price band of ₹130 per share, the estimated Sham Foam IPO listing price is ₹130, indicating a potential listing gain of approximately 0.00% over the issue price.
Who is the Sham Foam IPO Lead Manager?
The book-running lead managers (BRLMs) for the Sham Foam IPO are Corporate Makers Capital Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Sham Foam IPO Red Herring Prospectus (RHP).