IPO details · Updated
Sham Foam Limited
- Price Band
- ₹130
- Lot Size
- 1,000 shares
- Min. Investment
- ₹1,30,000
- Issue Size
- ₹40.48 Cr
- Offer Dates
- 11 Aug – 13 Aug 2026
- Listing
- 18 Aug 2026
Issue Details
- Total Issue Size
- ₹40.48 Cr
- 31,14,000 shares
- Fresh Issue
- ₹40.48 Cr
- 31,14,000 shares
- Offer for Sale
- ₹0 Cr
- Face Value
- ₹10 per share
- Issue Type
- Book-built IPO
- Listing At
- BSE SME
- Shares Pre-Issue
- 83,76,750
- Shares Post-Issue
- 1,14,90,750
IPO Timeline
Offer opens
11 Aug 2026
Offer closes
13 Aug 2026
Allotment
14 Aug 2026
Listing
18 Aug 2026
Issue Allocation
Share of the offer reserved for each investor category
- HNI47.5%14,79,000 shares
- Retail47.5%14,79,000 shares
- MarketMaker5.0%1,56,000 shares
Subscription Status
Times subscribed by investor category
| Category | Offered | Bids | Subscribed |
|---|---|---|---|
| NII | 14,79,000 | 32,09,430 | 2.17x |
| Retail | 14,79,000 | 38,74,980 | 2.62x |
| Total | 29,58,000 | 70,84,410 | 2.40x |
Lot Size & Investment
1 lot = 1,000 shares
Retail (min)
2 lots · 2,000 shares
Retail (max)
2 lots · 2,000 shares
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail | 2 | 2,000 | ₹2,60,000 |
Financial Performance
Restated figures in ₹ crore, unless stated otherwise
| Period | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| 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 | 4.69 | 4.43 |
| Net Worth | 21.11 | 12.46 | 8.88 |
| Reserves & Surplus | 12.74 | 4.25 | 8.7 |
| Total Borrowing | 3.99 | 9.22 | 10.11 |
Key Performance Indicators
| Period | Mar-26 |
|---|---|
| ROE (%) | 51.53 |
| ROCE (%) | 45.73 |
| EPS (₹) | 10.33 |
| P/E (pre-issue) | 12.58 |
| P/E (post-issue) | 17.26 |
Peer Comparison
Listed companies in the same business
| Company | P/E | ROE |
|---|---|---|
| Sheela Foam Ltd. | 64.5 | 4.48% |
| Wakefit Innovations Ltd. | 21.22 | 22.9% |
About Sham Foam Limited
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. Strengths: In-house manufacturing facility supported by technology driven process Extensive and well-developed pan-India sales and distribution network Long-standing relationship with dealers Focus on Quality and Timely Delivery. Experienced Promoters.
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)
Promoters
- <p>Rajinder Kumar Jindal
- Sanjeev Kumar Jindal
- Monica Jindal
- Deepika Jindal
- Abhinav Jindal
- Kunal Jindal
- Charming Fashions Pvt.Ltd.</p>
Company Information
- Book running lead managers
- Corporate Makers Capital Ltd.
- Navigant Corporate Advisors Ltd.
- Registered office
- Khasra No. 18/16/2, Shahzadpur Yamunanager Road,, NH-344, Village Rajpura,, Tehsil Shahzadpur,, Ambala, Haryana, 134202
- Market maker
- JSK Securities & Services Pvt.Ltd.
Official Documents
Opens the source filing in a new tab
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