Skip to main content
HOMEUNLISTED SHARESIPO CALENDARROAD TO IPOBLOGSPARTNER WITH US
MORE TO EXPLORE
OPEN DEMAT
ENQUIRE NOW
‹ BACK TO THE DEPARTURES BOARD
Sham Foam logo
ONE SERVICE ON THE DEPARTURES BOARD

SHAM FOAM IPO

ALREADY DEPARTEDBSE SME · SME · FURNITURE, HOME FURNISHING
INDICATIVE FARE / PRICE BAND
₹130
BAND INDICATIVE · NOTHING FINAL UNTIL THE RHP
FIGURES ON THIS PAGE AS OF 23 AUG 2026, 15:02 IST · REFRESHED THROUGH THE DAY
THE FARE BOARD · KEY NUMBERS

BY THE NUMBERS.

PRICE BAND
₹130
LOT SIZE
1000 SHARES
ISSUE SIZE
₹40.48 CR
MIN INVESTMENT
₹1,30,000 · 1000 SHARES
P/E RATIO
12.58
THE TIMETABLE · FOUR STOPS
THE JOURNEY.
OPENS
11 AUG 26
✓ STOP CLEARED
CLOSES
13 AUG 26
✓ STOP CLEARED
ALLOTMENT
14 AUG 26
✓ STOP CLEARED
LISTING
18 AUG 26
✓ STOP CLEARED
REFUNDS INITIATED17 AUG 26SHARES IN DEMAT17 AUG 26
TIMETABLE AS FILED · DATES CAN MOVE · CONFIRM AGAINST THE OFFICIAL RHP AND THE REGISTRAR
END OF THE LINE · LISTING DAY

WHERE IT LANDED.

LISTING PRICE
₹104
DAY-1 LISTING GAIN
-20%
THE BOOKING SHEET · SUBSCRIPTION

HOW FULL THE BUS GOT.

OVERALL SUBSCRIPTION2.4×
NII2.17×
RETAIL2.62×
THE CENTRE TICK = 1× · BUS FULL · SUBSCRIPTION FIGURES AS REPORTED BY THE EXCHANGES · TIMES THE ISSUE · INFORMATION ONLY
THE FARE TABLE · WHAT AN APPLICATION COSTS

TICKET CLASSES.

APPLICATIONLOTSSHARESAMOUNT
MINIMUM APPLICATION · AS PUBLISHED22,000₹2,60,000
EACH ROW SAYS WHETHER ITS FIGURES ARE THE QUANTITIES PUBLISHED FOR THIS ISSUE OR OUR OWN ARITHMETIC · COMPUTED ROWS ARE LOT SIZE × UPPER BAND · AMOUNTS AT THE UPPER BAND OF ₹130 · CATEGORY LIMITS PER SEBI THRESHOLDS (₹2 LAKH RETAIL CEILING, ₹10 LAKH SHNI/BHNI BOUNDARY) · INFORMATION ONLY · WE DO NOT ACCEPT OR PROCESS IPO APPLICATIONS · ONE LOT ALREADY EXCEEDS THE RETAIL CEILING ON THIS ISSUE
THE MANIFEST · ISSUE STRUCTURE

HOW THE ISSUE IS BUILT.

FACE VALUE
₹10
ISSUE TYPE
FIXED PRICE ISSUE
FRESH ISSUE
₹38.45 CR
29,58,000 SHARES
TOTAL SHARES OFFERED
29,58,000

The two legs send the money to different places: a fresh issue raises new capital for the company, while an offer for sale is existing shares being sold by existing shareholders, whose proceeds go to those sellers and not to the company.

FIGURES AS PUBLISHED FOR THIS ISSUE · CONFIRM AGAINST THE OFFICIAL RHP
THE GAUGES · VALUATION AND RETURNS

ON THE DASHBOARD.

EPS · PRE-ISSUE
10.33
EPS · POST-ISSUE
7.53
P/E RATIO
12.58
P/E · POST-ISSUE
17.26
RONW
40.97%
ROCE
45.73%
ROE
51.53%
PAT MARGIN
9.37%
EBITDA MARGIN
11.91%
PRICE / BOOK
5.16
NAV PER SHARE
₹25.21
DEBT / EQUITY
0.19
MARKET CAP
₹149.38 CR
FIGURES STATED AS OF 31 MAR 2026 · AS PUBLISHED FOR THIS ISSUE AND REPRODUCED WITHOUT ADJUSTMENT · A REPORTED RATIO IS NOT A VIEW ON VALUE · CONFIRM AGAINST THE OFFICIAL RHP
THE LOGBOOK · REPORTED FINANCIALS

THE RUNNING RECORD.

INR CR31 MAR 2431 MAR 2531 MAR 26
ASSETS33.5536.5849.32
TOTAL INCOME73.8981.6292.39
PROFIT AFTER TAX2.973.588.65
EBITDA4.434.6911
NET WORTH8.8812.4621.11
RESERVES AND SURPLUS8.74.2512.74
TOTAL BORROWING10.119.223.99
AMOUNTS IN INR CR · AS PUBLISHED FOR THIS ISSUE AND REPRODUCED WITHOUT ADJUSTMENT · CONFIRM AGAINST THE OFFICIAL RHP
OTHER SERVICES ON THIS ROUTE · PEER GROUP

WHO ELSE RUNS THIS LINE.

PEEREPS (BASIC)NAV (₹ PER SHARE)P/E (X)RONW (%)P/BV RATIOFINANCIAL STATEMENTS
Sham Foam Ltd. · THIS ISSUER10.3325.2112.5840.975.2
Sheela Foam Ltd.11.96266.6964.54.482.9Standalone
Wakefit Innovations Ltd.6.0334321.2222.90.37Standalone
PEER GROUP STRUCK AS AT 31 MAR 2026 · AS PUBLISHED FOR THIS ISSUE · NOT LIVE MARKET QUOTES, AND NOT A COMPARISON DRAWN BY BUYUNLISTEDSHARES
THE NOTE PUBLISHED WITH THIS PEER GROUP

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. Net worth of Peer Company has been calculation by adding Share capital and reserve and surplus.

WHERE THE FARE GOES · OBJECTS OF THE ISSUE

WHAT THE MONEY IS FOR.

OBJECT OF THE ISSUEINR CR
To finance the Capital expenditure requirements for civil construction and purchase of Machineries and Equipments for existing manufacturing facility14.72
To part finance the requirement of Working Capital14.25
To meet General Corporate Purposes6.04
INR CR 35.01 ALLOCATED IN TOTAL · OBJECTS AND AMOUNTS AS PUBLISHED FOR THIS ISSUE · AN OBJECT WITH NO AMOUNT AGAINST IT IS SHOWN AS PUBLISHED · CONFIRM AGAINST THE OFFICIAL RHP
THE SEATING PLAN · CATEGORY RESERVATION

WHO GETS WHICH SEATS.

NII (HNI)
14,79,000
Not more than 50% of the net issue
RETAIL
14,79,000
Not more than 50% of the net issue
MARKET MAKER
1,56,000
SHARES
29,58,000 SHARES ACROSS ALL CATEGORIES · CATEGORY SPLIT AS PUBLISHED FOR THIS ISSUE · CONFIRM AGAINST THE OFFICIAL RHP
ABOUT THIS SERVICE

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. Competitive Strengths: Well-equipped manufacturing facility with modern production capabilities. Diversified product portfolio catering to both consumer and industrial segments. Extensive dealer and distribution network supporting market expansion. Focus on quality standards, customer satisfaction, and timely deliveries. Experienced leadership team with strong industry knowledge and execution capabilities.

THE CREW · WHO IS RUNNING THIS SERVICE

ON THE ROSTER.

PROMOTERS
NAMES
Rajinder Kumar Jindal, Sanjeev Kumar Jindal, Monica Jindal, Deepika Jindal, Abhinav Jindal, Kunal Jindal, Charming Fashions Pvt.Ltd.
HOLDING PRE-ISSUE
100%
HOLDING POST-ISSUE
72.9%
BOOK-RUNNING LEAD MANAGERS
2 APPOINTED
Corporate Makers Capital Ltd., Navigant Corporate Advisors Ltd.
REGISTRAR TO THE ISSUE
NAME
Alankit Assignments Ltd.
PHONE
011-42541234/23541234/42541201
THE COMPANY
PHONE
+91-8572071526
REGISTERED OFFICE
Khasra No. 18/16/2, Shahzadpur Yamunanager Road, NH-344, Village Rajpura, Tehsil Shahzadpur, Ambala, Haryana, 134202
DETAILS AS PUBLISHED FOR THIS ISSUE · ALLOTMENT IS HANDLED BY THE REGISTRAR, NOT BY BUYUNLISTEDSHARES · WE NEVER ASK FOR PAN OR APPLICATION DETAILS
THE ENQUIRY DESK · QUESTIONS

COMMON QUESTIONS.

What is the Sham Foam IPO price band?+

The indicative price band is ₹130 per share. The binding terms are the ones in the Red Herring Prospectus (RHP).

What is the lot size of the Sham Foam IPO?+

One lot is 1000 shares. At the upper band of ₹130, one lot works out to ₹1,30,000.

When does the Sham Foam IPO open and close?+

The issue opened on 11 Aug 2026 and closed on 13 Aug 2026. Dates can move — the registrar and the exchange notices are the record.

When is the Sham Foam IPO allotment?+

Allotment is scheduled for 14 Aug 2026. The basis of allotment is published by the registrar to the issue. BuyUnlistedShares does not accept, process or track IPO applications.

When did Sham Foam list?+

Listing took place on 18 Aug 2026 on BSE SME.

Where will Sham Foam be listed?+

Sham Foam is listed on BSE SME. It is an SME issue, so it trades on the SME platform.

How large is the Sham Foam IPO?+

The issue size is ₹40.48 Cr — a fresh issue of ₹38.45 cr. Figures are indicative and subject to the RHP.

How was the Sham Foam IPO subscribed?+

The issue was subscribed 2.4× overall. By category: nii 2.17×, retail 2.62×. Subscription figures are as reported by the exchanges.

At what price did Sham Foam list?+

Sham Foam listed at ₹104, -20% against the issue price.

Who is the registrar for the Sham Foam IPO?+

The registrar to the issue is Alankit Assignments Ltd. (011-42541234/23541234/42541201), info@alankit.com.

Where can I check the Sham Foam IPO allotment status?+

Allotment status is published by the registrar on its own official portal: http://ipo.alankit.com/. Use the registrar's site directly — BuyUnlistedShares does not ask for PAN, application numbers or any other applicant detail.

What is the P/E ratio of the Sham Foam IPO?+

The P/E ratio on file for this issue is 12.58, and the post-issue P/E is 17.26, stated as of 31 Mar 2026. A reported ratio is not a view on value.

‹ SEE EVERY SERVICE ON THE DEPARTURES BOARD
ASK ABOUT UNLISTED SHARES →
PRE-IPO STOCK ONLY · WE DO NOT ACCEPT IPO APPLICATIONS
Dates, price band, lot size, issue size and subscription figures are indicative and subject to the official Red Herring Prospectus (RHP). Application amounts shown in the fare table are arithmetic on the lot size and the upper band against SEBI's category thresholds — they are not an application facility and we do not accept IPO applications. GMP is unofficial grey-market chatter that changes daily — not a target, not a quote and not a recommendation. This page is information only: it is not an offer to deal and not investment advice. BuyUnlistedShares provides information and research, not buy/sell recommendations. All IPOs carry market risk — read the RHP and assess suitability before applying.
© 2026 BUYUNLISTEDSHARES · A BRAND OF GAYATRI FINANCIAL SYNERGY · SINCE 2002 · ‹ BACK TO THE RIDE
TODAY'S INDICATIVE PRICES — PARAG PARIKH FINANCIAL ADVISORY SERVICES LIMITED ₹20,400 · CAPGEMINI TECHNOLOGY SERVICES INDIA LIMITED ₹10,400 · HDFC SECURITIES LIMITED ₹7,990 · NATIONAL STOCK EXCHANGE (NSE) ₹1,985 · BOAT (IMAGINE MARKETING LIMITED) ₹895 · CHENNAI SUPER KINGS (CSK) ₹249 · BIRA 91 (B9 BEVERAGES LIMITED) ₹82 · ZEPTO ₹33 · ORAVEL STAYS (OYO ROOMS) ₹24.5 · HUTTI GOLD MINES COMPANY LIMITED ₹1,19,838 — INDICATIVE, NOT AN OFFER TO DEAL —TODAY'S INDICATIVE PRICES — PARAG PARIKH FINANCIAL ADVISORY SERVICES LIMITED ₹20,400 · CAPGEMINI TECHNOLOGY SERVICES INDIA LIMITED ₹10,400 · HDFC SECURITIES LIMITED ₹7,990 · NATIONAL STOCK EXCHANGE (NSE) ₹1,985 · BOAT (IMAGINE MARKETING LIMITED) ₹895 · CHENNAI SUPER KINGS (CSK) ₹249 · BIRA 91 (B9 BEVERAGES LIMITED) ₹82 · ZEPTO ₹33 · ORAVEL STAYS (OYO ROOMS) ₹24.5 · HUTTI GOLD MINES COMPANY LIMITED ₹1,19,838 — INDICATIVE, NOT AN OFFER TO DEAL —