Disclaimer: IPO details, GMP, subscription figures, and other related information are for informational purposes only and may not always be accurate or up to date. Please verify the latest details from official sources before investing.
Incorporated in 2020, Sham Foam is engaged in the manufacturing, distribution, marketing, and sale of polyurethane foam (PU Foam), mattresses, and allied home comfort products, primarily for the Indian market.
In addition, it produces industrial-grade PU foam used across multiple industries, including furniture, apparel, sports goods, and automotive applications.
Its diversified product portfolio includes mattresses, pillows, cushions, furniture cushioning, and PU foam cores used in home comfort products. The company specializes in customized PU foam and mattress solutions tailored to specific customer requirements.
Its mattresses are marketed under the Featherfresh and Restivia brands, offering both pure foam and hybrid variants (spring and rebonded foam) with customization options. Pillows and cushions are primarily sold under the Featherfresh brand, designed with varying foam densities for enhanced comfort and durability.
As a vertically integrated company, it manages the entire value chain—from product design and engineering to manufacturing, distribution, and customer engagement.
The company operates a state-of-the-art manufacturing facility in Ambala, Haryana, spanning over 2,04,460 sq. ft., certified with ISO 9001:2015 and BIS (IS 7933:2022).
With an installed foam production capacity of 15,000 TPA, its facility is strategically located near key customer hubs, enabling efficient logistics, reduced lead times, and improved customer interaction.
It operates across 13 states and is currently supplying its products in various cities in India, including Bihar, Chandigarh, Delhi, Gujarat, Haryana, Himachal Pradesh, Jammu & Kashmir, Madhya Pradesh, Maharashtra, Punjab, Rajasthan, Uttar Pradesh, and Uttarakhand.
| Category | Shares Offered | Shares Applied | Subscription Times (x) |
|---|---|---|---|
| QIB (Ex Anchor) | 0 | 7,000 | 0.00 |
| NII | 14,79,000 (50.00%) | 33,66,000 | 2.28 |
| Retail | 14,79,000 (50.00%) | 38,74,000 | 2.62 |
| Total | 29,58,000 (100.00%) | 72,47,000 | 2.45 |
| GMP Date | IPO Price | GMP | Estimated Listing Price | Estimated Profit* | Last Updated |
|---|---|---|---|---|---|
| 12-08-2026 | ₹130 | ₹9 | ₹139 ( 6.92% ) | ₹9,000.00 | 12-Aug-2026 05:10 PM |
A quick overview of the key financial performance of Sham Foam Limited.
*All values are in Rs. Cr
Revenue increased by 13%, Profit after Tax (PAT) increased by 142%, Total Assets increased by 35% between FY2025 and FY2026.
| Period Ended | FY2024 | FY2025 | FY2026 |
|---|---|---|---|
| Revenue | 73.89 | 81.62 | 92.39 |
| Assets | 33.55 | 36.58 | 49.32 |
| Total Income | 73.89 | 81.62 | 92.39 |
| Profit After Tax | 2.97 | 3.58 | 8.65 |
| EBITDA | 4.43 | 4.69 | 11.00 |
| Net Worth | 8.88 | 12.46 | 21.11 |
| Reserves & Surplus | 8.70 | 4.25 | 12.74 |
| Total Borrowings | 10.11 | 9.22 | 3.99 |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual Investors (IND) (Min) | 2 | 2,000 | ₹ 2,60,000 |
| Individual Investors (IND) (Max) | 2 | 2,000 | ₹ 2,60,000 |
| S-HNI (Min) | 3 | 3,000 | ₹ 3,90,000 |
| S-HNI (Max) | 7 | 7,000 | ₹ 9,10,000 |
| B-HNI (Min) | 8 | 8,000 | ₹ 10,40,000 |
| KPI | Latest |
|---|---|
| ROE (%) | 51.53 |
| ROCE (%) | 45.73 |
| Debt / Equity | 0.19 |
| RoNW (%) | 40.97 |
| PAT Margin (%) | 9.37 |
| EBITDA Margin (%) | 11.91 |
| Price to Book Value | 5.16 |
|
Pre IPO
Post IPO
|
|
| EPS (₹) |
10.33
7.53
|
| P/E (x) |
12.58
17.26
|
| Promoter Holding (%) |
100
72.9
|
| Market Cap | 109 |
