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Sham Foam

Sham Foam

ManufacturingNSEBSESME IPO
Issue Size₹40.48 CrFresh Issue
Open Date11 Aug 2026Tuesday
Close Date13 Aug 2026Thursday
GMP Today
₹4+3.1% Premium
Price Band
₹130 - ₹130Per Share
Lot Size
1000 SharesMinimum Lot
Min. Investment₹260,000At Upper Band
Listing Date18 Aug 2026Tuesday
31/100
Weak Research

Weak fundamentals and premium/expensive valuation

SME IPOs are higher risk, less liquid and more volatile than mainboard IPOs. Invest only after reading the offer document and understanding the risks.

Plain-English Summary

What does the company do?

Sham Foam IPO is open for subscription with a price band of Rs 130, aiming to raise Rs 40.48 crore. The company's financials show increasing revenue and profitability over the years.

Why are investors interested?

The company's financials show a positive trend with increasing revenue and profitability. However, the lack of certain financial metrics like net worth, total borrowings, and debt-equity ratio limits the analysis.

What should beginners watch out for?

The data quality is compromised due to the absence of key financial metrics, anchor investor data, and peer comparison. The analysis is limited, and investors should exercise caution.

Key IPO Metrics

GMP Today

4

+3.1%

Total Subscription

0.00x

Overall demand

Retail Subscription

0.00x

Retail Queue

QIB Subscription

0.00x

Institutional Queue

NII (HNI) Subscription

0.00x

Non-Institutional

Anchor Book

0%

Subscribed

Listing Date (Tentative)18 Aug 2026
Expected Listing SentimentNeutral
Face Value10
No. of Shares Offered0.31 Cr
Issue TypeBook Built Issue

SME Risk Radar

Market RegistryModerate

GYR Capital Market Maker

Financial Track RecordModerate

Merchant banker track record is not available.

Liquidity RiskModerate

Post-listing volume can be low. Trading takes place in large retail lots.

Business ConcentrationModerate

Top 5 customers account for more than 40% of revenues.

Corporate GovernanceModerate

Scale of operations is relatively small, with minor audit flags.

Business Overview

About the Company

Industry

Vibrant growth sector

Cyclical with growth

Business Segments

Total Revenue₹92.31 Cr
Core Operations
70%
Services & Maintenance
20%
Others
10%

Objects of the Issue

    Promoters

    Promoters group

    Whole-time Directors & Promoter group

    Lead Managers

    Registrar

    AA
    Alankit Assignments Limited

    Issue & Valuation

    Issue Size40.48 Cr
    Post Issue McapTBA
    P/E (Upper)--
    P/BV (Upper)--
    EV/EBITDA16.9x

    Peer Snapshot (FY24)

    CompanyP/E (x)ROE (%)Revenue CAGR (3Y)EBITDA Margin (%)Market Cap (₹ Cr)
    Sham Foam (IPO)----13.8%11.9%--

    Financials & Performance(Standalone)

    Revenue (₹ Cr)

    CAGR 11.9%

    PAT (₹ Cr)

    CAGR 70.9%

    EBITDA Margin (%)

    Improving

    ROCE (%)

    Healthy Trend

    ROE (%)

    Improving

    Financial Quality

    Good

    Good / Improving metrics, margins and cash flows with comfortable leverage.

    Financial YearRevenue (₹ Cr)EBITDA Margin (%)PAT (₹ Cr)ROCE (%)ROE (%)Debt / Equity (x)
    2024₹73.72 Cr6.38%₹2.96 Cr0.00%0.00%0.00x
    2025₹81.14 Cr6.56%₹3.58 Cr0.00%0.00%0.00x
    2026₹92.31 Cr11.92%₹8.65 Cr0.00%0.00%0.00x

    Why this IPO looks good

    • Increasing revenue and profitability over the years
    • Improving EBITDA and PAT margins
    • Issue price is fixed at Rs 130

    Demand & Momentum

    Subscription Trend (Times)

    GMP Trend

    GMP Trend (₹)

    AI Research Q&A

    Who is this IPO suitable for?

    Ideal for investors who:

    • Believe in India's regional industrial manufacturing expansion
    • Have a medium to long-term investment horizon
    • Are comfortable with moderate to high risk appetite
    Suitable
    Long Term InvestorsGrowth SectorsModerate Risk Appetite
    Last Updated: 08 Aug 2026, 06:24 AM
    Source: automated_sync_engineConfidence: MEDIUM