Sham Foam IPO Details
Sham Foam IPO Summary
Sham Foam IPO opens for subscription on 11 Aug 2026 and closes on 13 Aug 2026.The IPO will be listed on BSE with the tentative listing date set for 18 Aug 2026.
Sham Foam IPO price band has been fixed at ₹130 – ₹130 per share. The face value is ₹10 per share with a lot size of 1000.
Sham Foam IPO total issue size comprises 31,14,000 shares (aggregating up to ₹40.48 Cr). This includes a fresh issue of 31,14,000 shares (aggregating up to ₹40.48 Cr). Offer for Sale consists of 31,25,000 shares . Pre-issue shareholding stands at 83,76,750, which will increase to 1,14,90,750 post-issue.
Sham Foam IPO carries a ₹1.5 (1.15%) GMP, reflecting investor sentiment.
Sham Foam IPO Lot Size :Individual Minimum is 2 lots (2,000 shares) amounting to ₹2,60,000. Individual Maximum is 2 lots (2,000 shares) amounting to ₹2,60,000. HNI Minimum is 3 lots (3,000 shares) amounting to ₹3,90,000.
Sham Foam IPO Details
Sham Foam IPO Subscription
Sham Foam IPO Application Wise Breakup
Sham Foam IPO Dates
- 11 Aug 2026Opening dateOpen
- 13 Aug 2026Closing dateClose
- 14 Aug 2026Allotment Date Allotment
- 17 Aug 2026Initiation of RefundsRefund
- 17 Aug 2026Credit of SharesCredit
- 18 Aug 2026Listing dateListing
Sham Foam IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual Minimum | 2 | 2000 | ₹2,60,000 |
| Individual Maximum | 2 | 2000 | ₹2,60,000 |
| HNI Minimum | 3 | 3000 | ₹3,90,000 |
Sham Foam IPO Reservation
Promoter Holding
Documents
Sham Foam IPO Valuations
Sham Foam Financial Information
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 49.32 | 36.58 | 33.55 |
| Total Income | 92.39 | 81.62 | 73.89 |
| Profit After Tax | 8.65 | 3.58 | 2.97 |
| EBITDA | 11.00 | 4.69 | 4.43 |
| NET Worth | 21.11 | 12.46 | 8.88 |
| Reserves and Surplus | 12.74 | 4.25 | 8.70 |
| Total Borrowing | 3.99 | 9.22 | 10.11 |
| Amount in ₹ Crore | |||
About Sham Foam IPO
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 its 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.
Strength Of Sham Foam IPO
- Leveraging the experience of the Promoter and employees.
- In-house manufacturing facility supported by technology driven process.
- Extensive and well-developed pan-India sales and distribution network.
- Long-standing relationship with its dealers.
- Focus on Quality and Timely Delivery.
Risk Of Sham Foam IPO
- There are outstanding litigation proceedings involving our Company, our Promoters, an adverse outcome in which, may have an adverse impact on our reputation, business, financial condition, results of operations and cash flows.
- Registered Office cum manufacturing facility of Our Company are located on leased premises. If we are unable to renew such lease agreements or relocate on commercially suitable terms, it may have a material adverse effect on our business, results of operations and financial condition.
- Our revenues have been significantly dependent on few customers and our inability to maintain such business may have an adverse effect on our results of operations.
- We have experienced negative cash flows and any negative cash flows in the future could adversely affect our financial conditions and results of operations.
- Volatility in the supply and pricing of our raw materials, or failure by suppliers to meet their obligations, may have an adverse effect on our business, cash flows, financial condition and results of operations.
- Our business operations are majorly concentrated in certain geographical regions and any adverse developments affecting our operations in these regions could have a significant impact on our revenue and results of operations.
- Our business is dependent on our Manufacturing Facility. Any shutdown of operations of our Manufacturing Facility may have an adverse effect on our business and results of operations.
- In the event of any accident at our Manufacturing Facility, our Company may be held liable for damages and penalties which may impact the financials of our Company.
- Some of the brand names using by our Company has been registered under the name of our Promoter namely Mr. Sanjeev Kumar Jindal and Promoter Group member namely, Mrs. Parwati Devi and they have given their NOC for use of such trademarks to our Company and one of the trademarks is not yet registered. Any discontinuance of such authorisation or non registration may impact our brand image and overall business of our Company.
- Sheela Foam Limited has instituted a civil case against our Company for of trademark infringement in respect of use of trademark `FEATHER FRESH', an adverse outcome of which, may have an adverse impact on our reputation, business, financial condition, results of operations and cash flows.
Objectives Sham Foam IPO
1. To finance the Capital expenditure requirements for civil construction and purchase of Machineries and Equipments for existing manufacturing facility
2. To part finance the requirement of Working Capital
3. To meet General corporate purposes
Company Contact Details
Khasra No. 18/16/2, Shahzadpur Yamunanager Road, NH-344, Village Rajpura, Tehsil Shahzadpur,
Ambala, Haryana , 134202
Phone: +91-8572071526
Email: info@shamfoam.com
Website: https://www.shamfoam.com/
Registrar Contact Details
Sham Foam FAQs
The Sham Foam IPO is a SME public issue comprising 3114000 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹40.48 Cr. The issue price has been fixed at ₹130 per equity share, and the minimum application size is 1000 shares.
The IPO opens for subscription on 11 Aug 2026, and closes on 13 Aug 2026.
Alankit Assignments Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the BSE
As of now, the current GMP stands at ₹1.5 (1.15%).
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