
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
IPO Open
Tue, Aug 11, 2026
IPO Close
Thu, Aug 13, 2026
Issue Price
₹130 per share
Market Cap *
₹149.38 Cr
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.
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
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 2,000 | ₹2,60,000 |
| Individual investors (IND) (Max) | 2 | 2,000 | ₹2,60,000 |
| HNI (Min) | 3 | 3,000 | ₹3,90,000 |
| Investor Category | Shares |
|---|---|
| Retail | Not more than 50% of the net issue |
| NII | Not more than 50% of the net issue |
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.
| Metric | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 38.05 | 36.58 | 33.55 | 27.68 |
| Total Income | 37.97 | 81.62 | 73.89 | 80.53 |
| Profit After Tax | 3.19 | 3.58 | 2.97 | 0.70 |
| EBITDA | 4.07 | 4.69 | 4.43 | 1.34 |
| NET Worth | 15.66 | 12.46 | 8.88 | 1.71 |
| Reserves and Surplus | 7.28 | 4.25 | 8.70 | 1.61 |
| Total Borrowing | 7.12 | 9.22 | 10.11 | 18.40 |
Amounts in ₹ Crore (restated)
| KPI | Mar 31, 2026 | Mar 31, 2025 |
|---|---|---|
| ROE | 51.53% | 33.56% |
| ROCE | 45.73% | 22.56% |
| Debt/Equity | 0.74 | |
| RoNW | 40.97% | 28.74% |
| PAT Margin | 9.37% | 4.41% |
| EBITDA Margin | 11.91% | 5.78% |
| NAV | 25.21 | 14.88 |
| Price to Book Value | 5.16 | 8.74 |
Valuation Metric
Pre IPO
EPS (₹)
4.28
P/E (x)
30.37
Market Cap at Offer Price
₹109Cr.
| Category | Pre IPO | Post IPO |
|---|---|---|
| Promoter and Promoter Group | 100% | 72.9% |
| Public | 27.10% | |
| Total | 100% | 100% |
Registrar
Alankit Assignments Ltd.
Lead manager(s)
Corporate Makers Capital Ltd., Navigant Corporate Advisors Ltd.
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.
The Sham Foam IPO opens on Tue, Aug 11, 2026 and closes on Thu, Aug 13, 2026.
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 .
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 .
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 .
The Sham Foam IPO listing date is not yet announced. The tentative date of listing is Tue, Aug 18, 2026 .
Aggregated from public IPO filings. GMP is unofficial grey-market chatter, not advice.