Sham Foam IPO: dates, price band, lot size and GMP
Sham Foam IPO listed on 18 Aug at ₹104 (BSE SME). Issue dates 11 – 13 Aug 2026, price band ₹130, lot 1,000 shares. The shares now trade on the exchange; any pre-IPO price on this site is historical.
Listing: Sham Foam listed on 18 Aug 2026 on BSE SME at ₹104, −₹26 (−20.0%) against the ₹130 upper band. Sham Foam IPO listing date, price and gain · Recently listed IPOs
Updated 17 Oct 2026, 22:10 IST. Unofficial grey-market figures, dated.
BuyUnlistedShares tracks 208 IPOs on its calendar; the Sham Foam IPO has a price band of ₹130, a lot of 1,000 shares and no grey-market premium reported yet as of 17 Oct 2026.
Key details
| Board | SME |
|---|---|
| Issue dates | 11 – 13 Aug 2026 |
| Price band | ₹130 |
| Lot size | 1,000 shares |
| Issue size | ₹40.48 Cr |
| Fresh issue | ₹38.45 Cr |
| Subscription | 2.4x |
| Registrar | Alankit Assignments Ltd. |
| Lead managers | Corporate Makers Capital Ltd., Navigant Corporate Advisors Ltd. |
| Status | Listed |
Timeline
- Issue opens: 11 Aug
- Issue closes: 13 Aug
- Allotment: 14 Aug
- Refunds: 17 Aug
- Demat credit: 17 Aug
- Listing: 18 Aug
Live subscription
| Category | Subscribed |
|---|---|
| NII | 2.17x |
| Retail | 2.62x |
| Total | 2.4x |
Last updated 13 Aug 2026, 6:55 PM IST.
Issue details
| Face value | ₹10 |
|---|---|
| Issue type | Fixed Price Issue |
| Listing at | BSE SME |
| Market cap at the upper band | ₹149.38 Cr |
| P/E (pre-issue) | 12.58x |
| P/E (post-issue) | 17.26x |
| Fresh issue (shares) | 29,58,000 |
| Total shares offered | 29,58,000 |
| Promoter holding pre-issue | 100% |
| Promoter holding post-issue | 72.9% |
| Promoters | Rajinder Kumar Jindal, Sanjeev Kumar Jindal, Monica Jindal, Deepika Jindal, Abhinav Jindal, Kunal Jindal, Charming Fashions Pvt.Ltd. |
| Lead managers | Corporate Makers Capital Ltd., Navigant Corporate Advisors Ltd. |
| Registrar phone | 011-42541234/23541234/42541201 |
| Registrar email | info@alankit.com |
| Company website | shamfoam.com |
Lot sizes by investor category
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (minimum) | 2 | 2,000 | ₹2,60,000 |
| Retail (maximum) | 2 | 2,000 | ₹2,60,000 |
| sNII (minimum) | 3 | 3,000 | ₹2,60,000 |
| bNII (minimum) | 3 | 3,000 | ₹10,40,000 |
Reservation
| Category | Share of issue | Shares offered | Basis |
|---|---|---|---|
| NII (HNI) | 50% | 14,79,000 | Not more than 50% of the net issue |
| Retail | 50% | 14,79,000 | Not more than 50% of the net issue |
| Market Maker | 5.3% | 1,56,000 |
Subscription by day
| Day | QIB | NII | sHNI | bHNI | Retail | Total |
|---|---|---|---|---|---|---|
| Day 1 · 11 Aug | — | 0.00x | — | — | 0.03x | 0.02x |
| Day 2 · 12 Aug | — | 0.03x | — | — | 0.17x | 0.10x |
| Day 3 · 13 Aug | — | 2.17x | — | — | 2.62x | 2.40x |
Key ratios as of 31 Mar 2026
| EPS (pre-issue) | ₹10.33 |
|---|---|
| EPS (post-issue) | ₹7.53 |
| P/E (pre-issue) | 12.58x |
| P/E (post-issue) | 17.26x |
| RoNW | 40.97% |
| RoCE | 45.73% |
| RoE | 51.53% |
| PAT margin | 9.37% |
| EBITDA margin | 11.91% |
| Price / book | 5.16x |
| NAV per share | ₹25.21 |
| Debt / equity | 0.19 |
| Market cap (upper band) | ₹149.38 Cr |
Financials (₹ Cr)
| Metric | FY26 | FY25 | FY24 | FY26 vs FY25 |
|---|---|---|---|---|
| Assets | 49.32 | 36.58 | 33.55 | +34.8% |
| Total Income | 92.39 | 81.62 | 73.89 | +13.2% |
| Profit After Tax | 8.65 | 3.58 | 2.97 | +141.6% |
| EBITDA | 11 | 4.69 | 4.43 | +134.5% |
| NET Worth | 21.11 | 12.46 | 8.88 | +69.4% |
| Reserves and Surplus | 12.74 | 4.25 | 8.7 | +199.8% |
| Total Borrowing | 3.99 | 9.22 | 10.11 | −56.7% |
About Sham Foam
Sham Foam Limited is a manufacturer of polyurethane foam (PU Foam) products in India, offering a broad range of mattresses, pillows, cushions, and comfort solutions for residential, commercial, and industrial applications. In addition to consumer products, the company supplies PU foam materials used across industries such as furniture, automotive, garments, and sports equipment manufacturing. The company’s product portfolio includes foam mattresses, pillows, cushions, and specialized cushioning solutions designed for comfort and durability.
Its mattresses are marketed under the “Featherfresh” and “Restivia” brands and include both conventional foam mattresses and hybrid variants incorporating spring and rebonded foam technologies. The company also offers pillows and cushions under the “Featherfresh” brand, available in multiple density options to cater to varying customer preferences. Sham Foam operates through a vertically integrated business model, managing key functions such as product design, manufacturing, quality assurance, distribution, and after-sales support. This integrated structure enables the company to maintain consistent product quality, optimize costs, and enhance operational efficiency.
The company’s manufacturing facility is located in Ambala, Haryana, and spans approximately 204,460 square feet . The plant is certified under ISO 9001:2015 and adheres to BIS (IS 7933:2022) standards. With an installed production capacity of 15,000 tonnes per annum (TPA) for PU foam, the facility supports large-scale manufacturing while ensuring efficient logistics and timely product delivery. Over the years, Sham Foam has expanded its market reach and currently serves customers across 13 states and union territories , including Delhi, Haryana, Punjab, Rajasthan, Uttar Pradesh, Maharashtra, Gujarat, Madhya Pradesh, Bihar, Uttarakhand, Himachal Pradesh, Jammu & Kashmir, and Chandigarh.
Objects of the issue
- To finance the Capital expenditure requirements for civil construction and purchase of Machineries and Equipments for existing manufacturing facility — ₹14.72 Cr
- To part finance the requirement of Working Capital — ₹14.25 Cr
- To meet General Corporate Purposes — ₹6.04 Cr
Net proceeds: ₹35.01 Cr
Peer comparison
| Company | EPS (Basic) | NAV (₹ per share) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|
| Sham Foam Ltd. (issuer) | 10.33 | 25.21 | 12.58x | 40.97% | 5.2 | — |
| Sheela Foam Ltd. | 11.96 | 266.69 | 64.5x | 4.48% | 2.9 | Standalone |
| Wakefit Innovations Ltd. | 6.03 | 343 | 21.22x | 22.9% | 0.37 | Standalone |
Notes: P/E Ratio has been computed based on the closing market price of equity shares on the BSE on Aug 04, 2026, divided by the Basic EPS. RoNW is computed as net profit after tax divided by Net worth (as restated) as at the end of the year. Net worth has been computed as sum of share capital and reserves and surplus. NAV is computed as the closing net worth divided by the closing weighted average number of equity shares. The face value of Equity Shares of the Company is Rs. 10/- per Equity Share and the Issue price is 13 times the face value of equity share.
Offer documents: DRHP (PDF)
Frequently asked questions
When does the Sham Foam IPO open and close?
The issue is scheduled for 11 – 13 Aug 2026.
What is the Sham Foam IPO price band?
The price band is ₹130 per share with a lot size of 1,000 shares.
How big is the Sham Foam IPO?
The total issue size is ₹40.48 Cr.
When will Sham Foam list?
The tentative listing date is 18 Aug on the SME platform.
How do I apply for the Sham Foam IPO?
Apply through your broker or bank using ASBA or UPI within the issue window; the amount stays blocked in your account until allotment. BuyUnlistedShares does not take applications; it tracks the issue and the unlisted price before it.
Sources
- Draft red herring prospectus (DRHP), Sham Foam · as filed with SEBI · bsesme.com
- Registrar allotment page, Alankit Assignments Ltd. · allotment 14 Aug · ipo.alankit.com
- BSE SME issues page · listing 18 Aug · bsesme.com
- Sham Foam company website · shamfoam.com
- BuyUnlistedShares IPO record: GMP, subscription and allotment, dated daily · GMP as of 18 Aug, 03:58 · buyunlistedshares.com
How to cite this page: BuyUnlistedShares, “Sham Foam IPO”, https://buyunlistedshares.com/ipo/sham-foam-ipo, as of 17 Oct 2026.
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Indicative reference price, dated. BuyUnlistedShares is India's premium unlisted shares desk, run by Gayatri Financial Synergy LLP. In the market since 2002. Data as of 17 Oct 2026.
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