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Sham Foam

Price band ₹130 · Issue ₹40.48 Cr

Opens

11 Aug 2026

Closes

13 Aug 2026

Allotment

14 Aug 2026

Listing

18 Aug 2026

Lot size

1,000

At a glance

IPO Open

Tue, Aug 11, 2026

IPO Close

Thu, Aug 13, 2026

Issue Price

₹130 per share

Market Cap *

₹149.38 Cr

Overview

Sham Foam IPO is a fixed issue price of ₹40.48 crores. The issue is entirely a fresh issue of 0.31 crore shares of ₹40.48 crore.

Sham Foam IPO opens for subscription on Aug 11, 2026 and closes on Aug 13, 2026. The allotment for the Sham Foam IPO is expected to be finalized on Aug 14, 2026. Sham Foam IPO will list on the BSE SME with a tentative listing date fixed as Aug 18, 2026.

Sham Foam IPO is set final issue price at ₹130 per share. The lot size for an application is 1,000 shares. The minimum amount of investment required by an individual investor (retail) is ₹2,60,000 (2,000 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (3,000 shares), amounting to ₹3,90,000.

Corporate Makers Capital Ltd. is the book running lead manager and Alankit Assignments Ltd. is the registrar of the issue.

Refer to Sham Foam IPO DRHP for detailed Information.

Issue details

IPO Date

11 to 13 Aug, 2026

Listing Date

Tue, Aug 18, 2026T

Face Value

₹10 per share

Issue Price

₹130 per share

Lot Size

1,000 Shares

Sale Type

Fresh capital only

Issue Type

Fixed Price IPO

Listing At

BSE SME

Lot size

ApplicationLotsSharesAmount
Individual investors (IND) (Min)22,000₹2,60,000
Individual investors (IND) (Max)22,000₹2,60,000
HNI (Min)33,000₹3,90,000

Issue reservation

Investor CategoryShares
RetailNot more than 50% of the net issue
NIINot more than 50% of the net issue

About the company

Incorporated in 2020, Sham Foam is engaged in the manufacturing, distribution, marketing, and sale of polyurethane foam (PU Foam), mattresses, and allied home comfort products, primarily for the Indian market. In addition, it produces industrial-grade PU foam used across multiple industries, including furniture, apparel, sports goods, and automotive applications.

Its diversified product portfolio includes mattresses, pillows, cushions, furniture cushioning, and PU foam cores used in home comfort products. The company specializes in customized PU foam and mattress solutions tailored to specific customer requirements. Its mattresses are marketed under the Featherfresh and Restivia brands, offering both pure foam and hybrid variants (spring and rebonded foam) with customization options. Pillows and cushions are primarily sold under the Featherfresh brand, designed with varying foam densities for enhanced comfort and durability.

As a vertically integrated company, the company manages the entire value chain—from product design and engineering to manufacturing, distribution, and customer engagement.

The company operates a state-of-the-art manufacturing facility in Ambala, Haryana, spanning over 2,04,460 sq. ft., certified with ISO 9001:2015 and BIS (IS 7933:2022). With an installed foam production capacity of 15,000 TPA, its facility is strategically located near key customer hubs, enabling efficient logistics, reduced lead times, and improved customer interaction.

It operates across 13 states and is currently supplying our products in various cities in India, including Bihar, Chandigarh, Delhi, Gujarat, Haryana, Himachal Pradesh, Jammu & Kashmir, Madhya Pradesh, Maharashtra, Punjab, Rajasthan, Uttar Pradesh and Uttarakhand.

  • In-house manufacturing facility supported by technology driven process
  • Extensive and well-developed pan-India sales and distribution network
  • Long-standing relationship with dealers
  • Focus on Quality and Timely Delivery.
  • Experienced Promoters.

Financials

Metric30 Sep 202531 Mar 202531 Mar 202431 Mar 2023
Assets38.0536.5833.5527.68
Total Income37.9781.6273.8980.53
Profit After Tax3.193.582.970.70
EBITDA4.074.694.431.34
NET Worth15.6612.468.881.71
Reserves and Surplus7.284.258.701.61
Total Borrowing7.129.2210.1118.40

Amounts in ₹ Crore (restated)

Key performance indicators

KPIMar 31, 2026Mar 31, 2025
ROE51.53%33.56%
ROCE45.73%22.56%
Debt/Equity0.74
RoNW40.97%28.74%
PAT Margin9.37%4.41%
EBITDA Margin11.91%5.78%
NAV25.2114.88
Price to Book Value5.168.74

Valuation

Valuation Metric

Pre IPO

EPS (₹)

4.28

P/E (x)

30.37

Market Cap at Offer Price

₹109Cr.

Shareholding

CategoryPre IPOPost IPO
Promoter and Promoter Group100%72.9%
Public27.10%
Total100%100%

Objects of the issue

  1. — To finance the Capital expenditure requirements for civil construction and purchase of Machineries and Equipments for existing manufacturing facility
  2. — To part finance the requirement of Working Capital
  3. — To meet General corporate purposes

Intermediaries

Registrar

Alankit Assignments Ltd.

Lead manager(s)

Corporate Makers Capital Ltd., Navigant Corporate Advisors Ltd.

FAQs

How to apply in Sham Foam IPO through Zerodha?+

Zerodha customers can apply online in Sham Foam IPO using UPI as a payment gateway. Zerodha customers can apply in Sham Foam IPO by login into Zerodha Console (back office) and submitting an IPO application form. Steps to apply in Sham Foam IPO through Zerodha Visit the Zerodha website and login to Console. Go to Portfolio and click the IPOs link. Go to the ' Sham Foam IPO ' row and click the 'Bid' button. Enter your UPI ID, Quantity, and Price. Submit IPO application form. Visit the UPI App (net banking or BHIM ) to approve the mandate. Visit Zerodha IPO Application Process Review for more detail.

When Sham Foam IPO will open?+

The Sham Foam IPO opens on Tue, Aug 11, 2026 and closes on Thu, Aug 13, 2026.

What is the lot size of Sham Foam IPO?+

Sham Foam IPO lot size is 1000 , and the minimum amount required for application is ₹2,60,000 , with 2 lots being the minimum application size .

How to apply for Sham Foam IPO?+

You can apply in Sham Foam IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha , Upstox , 5Paisa , Nuvama , HDFC Bank , and SBI Bank .

When is Sham Foam IPO allotment?+

The finalization of Basis of Allotment for Sham Foam IPO will be done on Friday, August 14, 2026 , and the allotted shares will be credited to your demat account by Mon, Aug 17, 2026 . Check the Sham Foam IPO allotment status .

When is Sham Foam IPO listing date ?+

The Sham Foam IPO listing date is not yet announced. The tentative date of listing is Tue, Aug 18, 2026 .

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