Sham Foam IPO: ₹40.48 Cr Raise Opens Aug 11
Infographic: Sham Foam IPO Opens August 11, Aims for ₹40.48 Crore Raise
Key Highlights
Sham Foam’s IPO opens August 11, 2026, aiming to raise ₹40.48 Cr at ₹130/share for its BSE SME listing. Details on financials and proceeds.
Sham Foam’s (IPO) is scheduled to open on August 11, 2026, closing two days later on August 13, 2026. The company plans to raise approximately ₹40.48 crores through a fresh issue of shares.
The IPO sets its price band at ₹130 per share. Shares are expected to list on the SME platform on August 18, 2026, following the allotment on August 14, 2026.
Key Financials
Sham Foam Ltd. reported a revenue of ₹81.62 crores in 2025. Profit for the same year stood at ₹3.58 crores, marking an increase from the previous year.
Key financial metrics for FY2025 include an of 33.56%. The company’s was 22.56%, with an of ₹4.28.
Offer Details &
Investors must apply for a minimum market lot of 2,000 shares. This amounts to a minimum application of ₹2,60,000.
Allocation for investors is split with 50% for Non-Institutional Investors () and 50% for Investors. Proceeds from the IPO are earmarked for capital expenditure, working capital requirements, and general corporate purposes.
Leadership & Ownership
The promoters include Rajinder Kumar Jindal, Sanjeev Kumar Jindal, Monica Jindal, Deepika Jindal, and Charming Fashions Pvt. Ltd. Post-IPO, promoters will collectively hold 72.9% of the shares.
Corporate Makers Capital Ltd. and Navigant Corporate Advisors Ltd. serve as the lead managers. Alankit Assignments Ltd. is the registrar for the issue. Based on financials, investors may consider applying for the IPO for the long term.