
Sham Foam IPO Description – Sham Foam is an integrated manufacturer of polyurethane (PU) foam and foam-based home comfort products, catering to both consumer and industrial segments across India. The company operates a vertically integrated business model, covering product design, manufacturing, and distribution, which enables better control over quality, cost, and supply chain efficiency.
The company’s core product portfolio includes PU foam, mattresses, pillows, and cushioning solutions used in furniture, bedding, automotive, apparel, and filtration applications. Notably, PU foam contributes the majority of revenue, accounting for ~88–93% of total sales over FY23–FY25, highlighting its strong positioning in the upstream foam manufacturing segment.
Sham Foam operates a manufacturing facility in Haryana with an installed capacity of 15,000 tonnes per annum (TPA). Its distribution network spans 13 states with over 1,300 dealers, enabling deep market penetration without owning retail outlets. Overall, Sham Foam positions itself as a scalable, B2B-driven foam manufacturer with growing presence in India’s home comfort and industrial materials market.

Promoters of Sham Foam – Mr. Rajinder Kumar Jindal, Mr. Sanjeev Kumar Jindal, Ms. Monica Jindal, Ms. Deepika Jindal and Charming Fashions Private Limited
Sham Foam IPO Details
| Sham Foam IPO Dates | Coming soon |
| Sham Foam Issue Price | Coming soon |
| Fresh Issue | 31,25,000 shares |
| Offer For Sale | Nil |
| Total IPO Size | 31,25,000 shares |
| Minimum Bid | Coming soon |
| Lot Size | Coming soon |
| Pre-issue Shares | 83,76,750 shares |
| Retail Allocation | 50% |
| Face Value | INR 10 per share |
| Listing On | BSE SME |
Sham Foam Financial Performance
| FY 2023 | FY 2024 | FY 2025 | H1 FY 2026 | |
| Revenue | 79.82 | 73.73 | 81.15 | 37.87 |
| Expenses | 79.68 | 70.26 | 77.19 | 34.11 |
| Net Income | 0.70 | 2.97 | 3.58 | 3.19 |
| Margin (%) | 0.88 | 4.03 | 4.41 | 8.42 |
Sham Foam Offer News
Sham Foam Valuations & Margins
| FY 2023 | FY 2024 | FY 2025 | |
| EPS | 0.84 | 3.57 | 4.28 |
| PE Ratio | – | – | – |
| Price/Book Ratio | – | – | – |
| Price/Sales Ratio | – | – | – |
| Current Ratio | 1.75 | 2.00 | 2.20 |
| RONW (%) | 40.79 | 33.40 | 28.74 |
| NAV | 2.06 | 10.70 | 14.88 |
| ROCE (%) | 9.56 | 23.79 | 22.56 |
| EBITDA (%) | 1.68 | 6.01 | 5.78 |
| Debt/Equity | 10.78 | 1.14 | 0.74 |
Evaluate the quality of an IPO using these essential investing ratios to make an informed decision.
Sham Foam IPO Anchor Investors
Sham Foam raises () from anchor investors. Sham Foam Anchor bid date is ().
| Bid Date | Coming soon |
| Shares Offered | Coming soon |
| Anchor Portion (INR Cr.) | Coming soon |
| Anchor lock-in period end date for 50% shares (30 Days) | Coming soon |
| Anchor lock-in period end date for remaining shares (90 Days) | Coming soon |
Sham Foam Offer Objectives
The company proposes to utilise net proceeds from the issue towards the following objects:
- To finance the capital expenditure requirements for civil construction and the purchase of machinery and equipment for the existing manufacturing facility – INR 13.72 crore
- To partially finance the requirement of working capital – INR 14.25 crore
Sham Foam IPO GMP Today
Sham Foam IPO Subscription – Live Updates
Coming soon
The market maker reservation portion of () shares and the anchor investor portion of () shares are not included in the above calculations.
Sham Foam IPO Allotment Status
You can check Sham Foam IPO allotment status on Alankit Assignments’ website. Click on this link to get the allotment status. Often not getting IPO allotment? Learn how to improve your IPO allotment chances.
Sham Foam IPO Dates & Listing Performance
| IPO Opening Date | Coming soon |
| IPO Closing Date | Coming soon |
| Finalization of Basis of Allotment | Coming soon |
| Initiation of refunds | Coming soon |
| Transfer of shares to demat accounts | Coming soon |
| IPO Listing Date | Coming soon |
| Opening Price on BSE SME | Coming soon |
| Closing Price on BSE SME | Coming soon |
Sham Foam Offer Lead Manager
CORPORATE MAKERS CAPITAL LIMITED
611, 6th Floor, Pragati Tower,
Rajendra Place, New Delhi- 110008
Phone: 011 41411600
Email: [email protected]
Website: www.corporatemakers.in
Sham Foam Offer Registrar
ALANKIT ASSIGNMENTS LIMITED
205-208 Anarkali Complex Jhandewalan Extension,
New Delhi, India, 110055
Tel: : +91 011 4254 1193
E-mail: [email protected]
Website: www.alankitassignments.com
SHAM FOAM LIMITED
Riverwave Off. No. 9, 8th Floor, Near Lords Pradhyuman,
Kalawad Road, Rajkot 360005, Gujarat, India
Phone: +91-8572071526
E-mail: [email protected]
Website: www.shamfoam.com
IPO Resources
What is the Sham Foam offer size?
Sham Foam offer size is INR NA crores.
What is the Sham Foam offer price band?
Sham Foam public offer price is INR NA per share.
What is the lot size of the Sham Foam IPO?
Sham Foam offer lot size is NA shares.
What is the Sham Foam IPO GMP today?
Sham Foam IPO GMP today is INR NA per share.
What is the Sham Foam IPO Subject to Sauda rate today?
Sham Foam Subject to Sauda rate today is INR NA per application.
Krishna comes from a family of investors and financial analysts, She learnt wading through regulatory filings pretty early in her career. She has several years of experience in financial and industry analysis under her belt. At IPO Central, Krishna plays twin roles of Contributor and Head of research desk.



