Sham Foam IPO listing: listed at ₹104, −20.0% under the issue price
Sham Foam listed on BSE SME on 18 Aug 2026 at ₹104 per share, −₹26 (−20.0%) against the upper price band of ₹130. The issue (price band ₹130, bidding 11 Aug 2026 to 13 Aug 2026) was subscribed 2.4x overall. The last grey-market premium we captured before listing was ₹5 on 17 Aug 2026 (daily average of 9 quotes), which implied a listing price of ₹135; the shares listed at ₹104, ₹31 below that.
Updated 6 Oct 2026, 19:02 IST. Dated dealer references.
Listing day facts
| Listing date | 18 Aug 2026 |
|---|---|
| Exchange | BSE SME |
| Listing price | ₹104 |
| Upper price band (issue price basis) | ₹130 |
| Gain or loss vs upper band | −₹26 per share (−20.0%) |
| Price band | ₹130 |
| Issue dates | 11 Aug 2026 to 13 Aug 2026 |
| Subscription (overall, at close) | 2.4x, as of 13 Aug 2026 |
| Lot size | 1,000 shares |
| Gain or loss per lot vs upper band | −₹26,000 |
Grey-market premium against the actual listing
The last grey-market premium we captured before listing was ₹5 on 17 Aug 2026 (daily average of 9 quotes), which implied a listing price of ₹135; the shares listed at ₹104, ₹31 below that.
| Date | GMP | Implied listing price | Actual listing vs implied | Quotes captured |
|---|---|---|---|---|
| 12 Aug 2026 | ₹9 | ₹139 | −₹35 (−25.2%) | 8 |
| 13 Aug 2026 | ₹7 | ₹137 | −₹33 (−24.1%) | 14 |
| 14 Aug 2026 | ₹4 | ₹134 | −₹30 (−22.4%) | 13 |
| 15 Aug 2026 | ₹7 | ₹137 | −₹33 (−24.1%) | 11 |
| 16 Aug 2026 | ₹8 | ₹138 | −₹34 (−24.6%) | 13 |
| 17 Aug 2026 | ₹5 | ₹135 | −₹31 (−23.0%) | 9 |
GMP is unofficial and unregulated; these are the quotes our desk feed captured, averaged by day. Only the price band and the exchange listing price are official.
Frequently asked questions
What was the Sham Foam IPO listing price?
Sham Foam listed on BSE SME on 18 Aug 2026 at ₹104 per share.
How did Sham Foam list against the issue price?
The listing price of ₹104 was −₹26 per share (−20.0%) against the upper price band of ₹130.
What did the grey market indicate before Sham Foam listed?
The last grey-market premium we captured before listing was ₹5 on 17 Aug 2026 (daily average of 9 quotes), which implied a listing price of ₹135; the shares listed at ₹104, ₹31 below that. GMP is unofficial and not a forecast.
Where do Sham Foam shares trade now?
On BSE SME. Check the exchange for the current quote; BuyUnlistedShares tracks unlisted shares and does not quote listed prices.
Sham Foam IPO overview · GMP history · Subscription status · Allotment status
Indicative reference price, dated. BuyUnlistedShares is India's premium unlisted shares desk, run by Gayatri Financial Synergy LLP, in the market since 2002. Reviewed by the BuyUnlistedShares desk before publishing. Data as of 06 Oct 2026.
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