Sham Foam IPO
Sham Foam IPO Details
-
Open Date
11 Aug 2026
-
Close Date
13 Aug 2026
- IPO Price Range
₹ 130
- IPO Size
₹ 40.48 Cr
Sham Foam IPO Timeline
Sham Foam IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 11-Aug-2026 | - | 0.00 | 0.03 | 0.02 |
| 12-Aug-2026 | - | 0.03 | 0.17 | 0.10 |
| 13-Aug-2026 | - | 2.17 | 2.62 | 2.40 |
Last Updated: 13 August 2026 7:07 PM by 5paisa
Sham Foam manufactures and markets polyurethane (PU) foam, mattresses, and home comfort products, alongside industrial-grade PU foam for the furniture, apparel, sports goods, and automotive sectors. Its portfolio includes customised mattresses, pillows, cushions, and PU foam solutions under the Featherfresh and Restivia brands. As a vertically integrated company, it operates an ISO 9001:2015 and BIS-certified manufacturing facility in Ambala, Haryana, with an installed foam production capacity of 15,000 TPA.
Established in: 2020
Managing Director:
Mr. Rajinder Kumar Jindal
Peers:
Sheela Foam Limited
Wakefit Innovations Ltd
Sham Foam Objectives
1. To part finance the requirement of Working Capital
2. To meet General corporate purposes
Sham Foam IPO Size
| Types | Size |
|---|---|
| Total IPO Size | ₹40.48 Cr |
| Offer For Sale | - |
| Fresh Issue | ₹40.48 Cr |
Sham Foam IPO Lot Size
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 2,000 | ₹2,60,000 |
| Individual investors (IND) (Max) | 2 | 2,000 | ₹2,60,000 |
| HNI (Min) | 3 | 3,000 | ₹3,90,000 |
Sham Foam IPO Reservation
| Investors Category | Subscription (times) | Shares Offered* | Shares bid for | Total Amount (Cr.)* |
|---|---|---|---|---|
| Non-Institutional Buyers | 2.17 | 14,79,000 | 32,10,000 | 41.73 |
| Individual Investors (IND category bidding for 2 Lots) | 2.62 | 14,79,000 | 38,74,000 | 50.36 |
| Total** | 2.40 | 29,58,000 | 70,91,000 | 92.18 |
*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.
| Particulars (In ₹ Crores) | FY23 | FY24 | FY25 |
| Revenue | 79.82 | 73.73 | 81.15 |
| EBITDA | 1.34 | 4.43 | 4.69 |
| PAT | 0.70 | 2.97 | 3.58 |
| Particulars (In ₹ Crores) | FY23 | FY24 | FY25 |
| Total Assets | 27.68 | 33.55 | 35.58 |
| Share Capital | 0.10 | 0.18 | 8.21 |
| Total Liabilities | 27.68 | 33.55 | 35.58 |
| Cash Flows (₹ Crores) | FY23 | FY24 | FY25 |
| Net Cash Generated From / (used in) Operating Activities | -3.99 | 7.30 | 0.22 |
| Net Cash Generated From / (used in) Investing Activities | -0.38 | -0.72 | -0.31 |
| Net Cash Generated From / (used in) Financing Activities | 4.99 | -4.40 | -0.96 |
| Net Increase (Decrease) in Cash and Cash Equivalents | 0.62 | 2.18 | -1.05 |
Strengths
1. Vertically integrated operations improve quality and cost efficiency.
2. Diversified portfolio across consumer and industrial foam segments.
3. Customised solutions cater to diverse customer requirements effectively.
4. ISO and BIS certifications strengthen product quality credibility.
Weaknesses
1. Revenue largely dependent on the Indian domestic market.
2. Manufacturing operations concentrated at a single production facility.
3. Limited brand presence against established mattress industry players.
4. Profitability sensitive to volatile polyurethane raw material prices.
Opportunities
1. Rising demand for premium mattresses and sleep solutions.
2. Expanding industrial PU foam applications across multiple sectors.
3. Scope to strengthen distribution across underserved regional markets.
4. Increasing preference for customised home comfort and bedding products.
Threats
1. Intense competition from organised and unorganised market participants.
2. Crude-linked raw material price volatility may pressure margins.
3. Economic slowdowns could reduce discretionary consumer spending.
4. Stricter regulations may increase compliance and operating costs.
1. Diversified presence across consumer and industrial PU foam markets.
2. Vertically integrated operations support cost efficiency and quality control.
3. Customised product offerings strengthen customer relationships and market positioning.
4. Well-positioned to benefit from India's growing home comfort demand.
India's mattress and polyurethane foam industry is witnessing steady growth, driven by rising disposable incomes, increasing urbanisation, greater awareness of sleep quality, and expanding demand from furniture and automotive sectors. Sham Foam is well positioned to benefit from these trends through its diversified product portfolio, customised solutions, vertically integrated operations, and strategic manufacturing location. Its expanding brand presence and industrial customer base provide a strong platform for sustained long-term growth.
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FAQs
Sham Foam IPO opens from August 11, 2026 to August 13, 2026.
The size of Sham Foam IPO is ₹40.48 Cr.
The price band of Sham Foam IPO is fixed at ₹130 per share.
To apply for Sham Foam IPO, follow the steps given below:
1. Login to your 5paisa demat account and select the issue in the current IPO section
2. Enter the number of lots and the price at which you wish to apply for the Sham Foam. IPO.
3. Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
The minimum lot size of Sham Foam IPO is of 2,000 shares and the investment required is ₹2,60,000.
The share allotment date of Sham Foam IPO is August 14,2026.
The Sham Foam IPO will likely be listed on August 18, 2026.
Corporate Makers Capital Ltd is the book running lead managers for Sham Foam IPO.
Sham Foam IPO plans to utilise the raised capital from the IPO for:
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