Sham Foam Ltd. IPO Details
Sham Foam was incorporated on June 26, 2020. The company manufactures, distributes, markets and sells polyurethane foam (PU Foam), mattresses and other home comfort products for Indian consumers. It also manufactures industrial-grade PU Foam used across various industries in India
| Bidding Dates |
|---|
| 11 Aug 2026 - 13 Aug 2026 |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹2,60,000 | 2 | 2 | 1000 | 3.1 M | ₹130 | 72.9 % | ₹404.8 M | RHP DOC |
Sham Foam issue details
Sham Foam has 3.1 M shares on offer
Sham Foam IPO offer price is ₹130
Sham Foam IPO minimum Investment is ₹260000
Sham Foam IPO issue size is ₹ 404.8 M
Sham Foam has a minimum lot size of 1000 Shares per application
| Day | Retail Individual Investor | HNI (NII) Investors |
|---|---|---|
| Category Reservation | 50% | 50% |
Sham Foam IMPORTANT IPO DATES
| Issue Open Date | 11 Aug 2026 |
| Issue close Date | 13 Aug 2026 |
| Allotment Date | 14 Aug 2026 |
| Refund Date | 17 Aug 2026 |
| Demat Account Credit Date | 17 Aug 2026 |
| Listing Date | 18 Aug 2026 |
| Listing on Exchange(s) | BSE |
Sham Foam IPO subscription opens on 11 Aug 2026, and closes on 13 Aug 2026
IPO allotment for Sham Foam is expected to be finalized on Friday, 14 Aug 2026
IPO listing for Sham Foam will be on BSE on Tuesday, 18 Aug 2026
Sham Foam NUMBER OF SHARES ON OFFER
Sham Foam FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| FY26 | 92.3 | 8.7 | 12.8 | 11.6 | 11.9% |
| FY25 | 81.1 | 3.6 | 0.2 | -0.1 | 5.8% |
| FY24 | 73.7 | 3.0 | 7.3 | 6.6 | 6.0% |
Sham Foam Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sham Foam Ltd. | 130 | 149.4 | 12.6 | 0.1 | 1.6 | 41 | 17.5 | 92.4 | 13.2 | 8.7 | 141.5 | 10.3 | 231.3 |
| Sheela Foam Ltd. | 677.4 | 7397.4 | 34.5 | 0.1 | 1.8 | 4.9 | 3.1 | 3875.1 | 8.5 | 159.6 | 66.1 | 19.6 | 273.1 |
| Greenlam Industries Ltd. | 273.7 | 6983.4 | 75.1 | 0.4 | 2.2 | 4.8 | 1.9 | 3054.3 | 18.4 | 56.3 | -19.3 | 3.6 | 172.9 |
| Responsive Industries Ltd. | 169.4 | 4517.4 | 30.4 | -1.2 | 3.2 | 9.5 | 8 | 1404.2 | -1.6 | 148.4 | -25.4 | 5.6 | -25.4 |
| Wakefit Innovations Ltd. | 127.8 | 4233.1 | 21.9 | 2.7 | 16.7 | 10.8 | 1534.4 | 17.5 | 189.2 | 640.4 | 5.8 | ||
| Euro Pratik Sales Ltd. | 314.1 | 3210.1 | 41.6 | 85.9 | 9.6 | 24.9 | 19.4 | 343 | 17.7 | 77.1 | 0.5 | 7.5 | 0.5 |
Sham Foam INFORMATION ON IPO ISSUE
About Sham Foam
Sham Foam was incorporated on June 26, 2020. The company manufactures, distributes, markets and sells polyurethane foam (PU Foam), mattresses and other home comfort products for Indian consumers. It also manufactures industrial-grade PU Foam used across various industries in India
Object of the Issue
- To finance the capital expenditure requirements for civil construction and purchase of machineries and equipments for existing manufacturing facility
- To part finance the requirement of working capital
- To meet general corporate purposes
Sham Foam - PROMOTERS
| Name |
|---|
| Rajinder Kumar Jindal |
| Sanjeev Kumar Jindal |
| Monica Jindal |
| Deepika Jindal |
| Charming Fashions Private Limited |
Sham Foam - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Rajinder Kumar Jindal | Managing Director & Chairperson |
| Sanjeev Kumar Jindal | Whole Time Director |
| Monica Jindal | Executive Director |
| Abhinav Jindal | Executive Director |
| Kunal Jindal | Executive Director |
| Sapna | Non-Executive-Independent Director |
| Saurabh | Non-executive Independent Director |
| Munish Kumar | Non-executive Independent Director |
Sham Foam Book Running Lead Manager
Corporate Makers Capital Limited
info@corporatemakers.in
Navigant Corporate Advisors Limited
navigant@navigantcorp.com
Sham Foam Registrar to the Offer
Alankit Assignments Limited
info@alankit.com
Sham Foam Strengths
In-house manufacturing
The company operates an ISO 9001:2015 and BIS-certified manufacturing facility in Haryana with an installed capacity of 15,000 TPA for PU Foam production. Its technology-driven facility supports customized production, efficient processing and QR-enabled product information and warranty registration across its PU Foam and mattress range
Extensive distribution network
The company has a pan-India sales and distribution network across 13 states and union territories, supported by a strong dealer base. It conducts dealer training programmes and offers sales incentives to improve product visibility, encourage higher sales and strengthen its market presence
Quality
The company focuses on timely delivery, quality control and continuous improvement to meet customer requirements and remain competitive. Its ISO 9001:2015 and BIS certifications reflect its commitment to maintaining consistent product quality and strengthening customer trust
Sham Foam Risks
Competition
The company operates in a competitive and fragmented home comfort products and PU Foam industry, facing competition from organised, unorganised and regional players. Larger competitors may have stronger brands, greater resources, wider reach and lower costs, which could pressure the company’s sales, margins and financial performance
Labour intensive
The company depends on skilled and unskilled labour to maintain production and timely product deliveries. Labour shortages, disputes, strikes, lockouts or higher wage demands could disrupt operations and adversely affect its business and financial performance
Brand reputation
The company’s business depends on maintaining a strong brand and reputation for delivering quality projects on time and efficiently. Defects, delays, complaints, negative publicity or legal and regulatory issues could damage its reputation, reduce customer trust and adversely affect its business and financial performance
IPO FAQs
The promoters of the company are Rajinder Kumar Jindal, Sanjeev Kumar Jindal, Monica Jindal, Deepika Jindal and Charming Fashions Private Limited.
The category allocation of qualified institutional buyers is 0.0%, the category allocation of non individual investors or high networth individuals is 50.0% and for retail investors it is 50.0%.
The price band of the IPO is Rs 130.0 - 130.0.
The IPO application opens on Aug 11, 2026 and closes on Aug 13, 2026.
The minimum lot size for the IPO is 2000. The maximum lot size for the IPO is 2000.
For all category investors, the minimum application amount for this IPO is Rs. 260,000.0, the maximum value for this IPO is Rs 260,000.0.
This IPO will be allotted on Aug 14, 2026.
The refund will be credited to your account on Aug 17, 2026.
The allotted shares will be credited to your demat on Aug 17, 2026.
Sham Foam Ltd.’s shares will list on the stock exchanges on Aug 18, 2026.