Sham Foam
OPENIPO Date: 11 Aug - 13 Aug 2026
Listing Date: 18 Aug 2026
Price Range
₹130 per share
Issue Size
40 Cr
Min Investment
₹1,30,000
Lot Size
1000 Shares
Schedule of Sham Foam
Issue open date
11 Aug 2026
Issue close date
13 Aug 2026
UPI mandate deadline
13 Aug 2026 (5 PM)
Allotment finalization
14 Aug 2026
Share credit
17 Aug 2026
Listing date
18 Aug 2026
Mandate end date
28 Aug 2026
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 40 Cr |
| Fresh Issue | 0.31 Cr |
| Offer for Sale | 0 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 14 Aug 2026 |
| Allotment Link | {Link} |
Grey Market PremiumNew
Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | Ipo Price | GMP | Estimated Listing Price |
|---|---|---|---|
| 11 Aug 2026 | ₹NaN | ₹NaN | ₹NaN (0%) |
| 10 Aug 2026 | ₹NaN | ₹NaN | ₹NaN (0%) |
| 9 Aug 2026 | ₹NaN | ₹NaN | ₹NaN (0%) |
| 8 Aug 2026 | ₹NaN | ₹NaN | ₹NaN (0%) |
| 7 Aug 2026 | ₹NaN | ₹NaN | ₹NaN (0%) |
Performance Sham Foam
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| ₹130 per share | .... | .... | .... |
About Sham Foam
Sham Foam Limited is a Haryana-based manufacturer of polyurethane (PU) foam, mattresses and allied home-comfort products, serving both consumer and industrial markets. Its portfolio includes mattresses, pillows and furniture cushions sold under brands such as Featherfresh and Restivia, along with industrial-grade PU foam. The company follows an integrated business model covering product design, engineering, manufacturing and distribution, with PU foam being a major contributor to revenue. It operates a manufacturing facility in Ambala, Haryana, with an annual PU foam production capacity of around 15,000 tonnes.
| Founded in | 2020 |
| Managing director | Rajinder Kumar Jindal |
| Parent organization |
Financial Overview
Strengths
- Vertically integrated operations provide greater control over product quality, customization and manufacturing.
- Diversified portfolio across consumer mattresses, pillows, cushions and industrial PU foam.
- Established brands such as Featherfresh and Restivia, with presence across India's home-comfort market.
- Strong promoter experience in the foam, mattress and home-furnishing industry, supported by a 15,000-tonne annual PU foam production capacity.
Risks
- Significant exposure to fluctuations in the prices of petroleum-based raw materials used in PU foam manufacturing.
- Mattress and foam markets are highly competitive, with pressure from established brands and unorganized manufacturers.
- The business is capital and working-capital intensive, increasing the importance of capacity utilization and cash-flow management.
- The company has recorded open charges of about ₹23.28 crore, indicating borrowing and financial-leverage exposure.
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | N/A |
| Non-Institutional Investors (NIIs) | N/A |
| Retail Individual Investors (RIIs) | N/A |
| Employee | N/A |
| Total | N/A |