Sham Foam Limited IPO Details

Factual IPO information from public filings. Not investment advice.

Issue Details

Price Band: ₹130
Lot Size: 1,000 shares
Min. Investment: ₹1,30,000
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

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

Financial performance by period
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

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

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.