Sham Foam Limited (SME)

Minimum Investments

₹2,60,000

Price Range

₹130 - ₹130

Issue Size

₹40.48 Cr

Lot Size

1000shares

This stock belongs to the SME (Small & Medium Enterprises) segment which usually has low liquidity and hence, is also riskier. It will be traded in a lot size of 1000 shares after listing.

Proceeds of this IPO to be used for

To finance the capital expenditure requirements for civil construction and purchase of machineries and equipments for existing manufacturing facility

To part finance the requirement of working capital

To meet general corporate purposes

Strengths & Weaknesses

In-house manufacturing

The company operates an ISO 9001:2015 and BIS-certified manufacturing facility in Haryana with an installed capacity of 15,000 TPA for PU Foam production. Its technology-driven facility supports customized production, efficient processing and QR-enabled product information and warranty registration across its PU Foam and mattress range

Extensive distribution network

The company has a pan-India sales and distribution network across 13 states and union territories, supported by a strong dealer base. It conducts dealer training programmes and offers sales incentives to improve product visibility, encourage higher sales and strengthen its market presence

Quality

The company focuses on timely delivery, quality control and continuous improvement to meet customer requirements and remain competitive. Its ISO 9001:2015 and BIS certifications reflect its commitment to maintaining consistent product quality and strengthening customer trust

Competition

The company operates in a competitive and fragmented home comfort products and PU Foam industry, facing competition from organised, unorganised and regional players. Larger competitors may have stronger brands, greater resources, wider reach and lower costs, which could pressure the company’s sales, margins and financial performance

Labour intensive

The company depends on skilled and unskilled labour to maintain production and timely product deliveries. Labour shortages, disputes, strikes, lockouts or higher wage demands could disrupt operations and adversely affect its business and financial performance

Brand reputation

The company’s business depends on maintaining a strong brand and reputation for delivering quality projects on time and efficiently. Defects, delays, complaints, negative publicity or legal and regulatory issues could damage its reputation, reduce customer trust and adversely affect its business and financial performance

Financials

Income Statement

Also called a profit and loss statement, an income statement shows a company’s income, expenses, and how much profit or loss it has made over a specific accounting period. It provides a clear view of how well the business is running.

Particulars (in Cr)	Mar 2026	Y/Y Change
Operating Revenue	92.32	+13.76%
Other Income	0.07	-85.11%
Total Income	92.39	+13.20%
Total Expenditure	81.94	+6.15%
EBIDT	11.24	+111.68%
Depreciation	0.57	-13.64%
Interest	0.22	0.00%
Tax	1.79	+110.59%
Net Profit	8.65	+141.62%

Balance Sheet

A balance sheet is a financial statement that details a company’s assets, liabilities, and shareholders’ equity at a given time. It helps assess how financially strong and stable the company is.

Particulars (in Cr)	Mar 2026
Total Current Assets	43.26
Total Non-Current Assets	6.06
Fixed assets	5.06
Total Assets	49.32
Total Current liabilities	24.37
Total Non Current Liabilities	3.84
Total Equity Plus Liabilities	49.32
Total Shareholder Funds	21.11
Total Debt to Equity	19.00%

Cash Flow

Cash flow highlights the cash or cash equivalents moving in and out of a company during a particular period. It provides a clear picture of how well a company manages its cash by tracking its operating, investing and financing activities.

Particulars (in Cr)	Mar 2026
Cash from Operating Activity	12.78
Cash from Financing Activities	-5.28
Cash from Investing Activities	-2.10
Net Cash Flow	5.39

About the Company

Sham Foam was incorporated on June 26, 2020. The company manufactures, distributes, markets and sells polyurethane foam (PU Foam), mattresses and other home comfort products for Indian consumers. It also manufactures industrial-grade PU Foam used across various industries in India

Promoter
Rajinder Kumar Jindal
Promoter
Sanjeev Kumar Jindal
Promoter
Monica Jindal
Promoter
Deepika Jindal
Promoter
Charming Fashions Private Limited

FAQs for Sham Foam Limited IPO

Sham Foam Limited IPO refers to the initial public offering of shares by Sham Foam Limited. It is a process by which the company offers its shares to the public for the first time, allowing individuals to become shareholders.

For Sham Foam Limited IPO the issue size is ₹40 Cr. The issue size is the total value of the shares offered to the public. It represents the amount the company aims to raise through the IPO.

For Sham Foam Limited IPO the minimum investment is ₹2.6 L. The minimum investment for Sham Foam Limited IPO is the smallest amount an individual can invest to participate in the offering. It is usually determined by the company and regulatory requirements.

For Sham Foam Limited IPO the lot size is 1000 shares. The lot size of Sham Foam Limited IPO refers to the number of shares that investors need to bid for and purchase in a single transaction. It is predetermined by the company and regulators.

To apply for Sham Foam Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the Sham Foam Limited IPO from the list and click on apply now. Place your bids or choose the Cut-off Price option. Enter your UPI ID and set up your mandate to place your application.

Yes, investors can often pre-apply for some of the IPOs. Pre-application allows individuals to express their interest in participating in the IPO before the official subscription period begins. To pre- apply for Sham Foam Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the Sham Foam Limited IPO from the list and click on pre-apply now. Once the IPO opens for subscription you can enter your UPI ID and set up your mandate to place your application.

The IPO application window typically remains open for 3 days, starting from the date of the IPO opening. However, this duration can vary depending on the specific IPO and the regulatory requirements.

You can apply for the IPO till 3 PM on the last day of application on Share.Market.

For Sham Foam Limited IPO the allotment date is 14 Aug 2026. The allotment date of Sham Foam Limited IPO is the date on which shares are allocated to the successful bidders. It marks the distribution of shares to investors.

For Sham Foam Limited IPO, the subscription opens on 11 Aug 2026 and closes on 13 Aug 2026. The open and close dates of an IPO indicate the period during which investors can submit their bids to participate in the offering.