Sham Foam IPO: Check Price Band, Timeline & Key Details

2 min read     Updated on 07 Aug 2026, 03:43 PM
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Reviewed by
Ritika DScanX News Team
AI Summary

Sham Foam files DRHP for IPO opening 11-Aug-2026. Haryana-based firm incorporated in 2020. Issue size and price band not yet disclosed. OFS component is null. Financial data unavailable.

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Sham Foam (CIN: U36104HR2020PLC087011) has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an upcoming Initial Public Offering (IPO). The company, incorporated in 2020 in Haryana, operates in the foam and furniture manufacturing sector. The IPO is scheduled to open for subscription on 11-Aug-2026 and close on 13-Aug-2026. While the filing marks a significant step towards listing, key details such as the issue size, price band, and financial performance metrics are yet to be disclosed in the current dataset.

Company Overview

Sham Foam is a public limited company registered under the Companies Act with the registration number PLC087011. Based in Haryana, the company’s operations are inferred to be related to foam products, mattresses, or furniture manufacturing, as indicated by its National Industrial Classification (NIC) code prefix '36104'. The Indian foam and mattress industry is a growing segment driven by rising urbanisation, real estate activity, and consumer spending on home furnishings. However, specific details regarding the company’s product portfolio, market position, and geographic presence are not available in the current DRHP data.

Offer Details

The IPO subscription window is set for three days, from 11-Aug-2026 to 13-Aug-2026. The dataset indicates that the Offer for Sale (OFS) component is null, which may suggest a pure fresh issue where proceeds flow directly into the company. However, confirmation requires the complete DRHP filing. Other critical offer details, including the total issue size, fresh issue amount, price band, face value, and lot size, are currently listed as Not Available (NA).

Parameter Details
IPO Open Date 11-Aug-2026
IPO Close Date 13-Aug-2026
Listing Date Not Available (NA)
Issue Size Not Available (NA)
Price Band Not Available (NA)
Offer for Sale Null

Financial Highlights

As the DRHP data is in its preliminary stage, detailed financial disclosures including revenue trends, profitability metrics, and balance sheet items have not been populated. Investors will need to await the final Red Herring Prospectus (RHP) or further updates for comprehensive financial analysis.

Metric Value
Revenue from Operations Not Available (NA)
EBITDA Not Available (NA)
PAT Not Available (NA)
ROE Not Available (NA)

Risk Factors

The current DRHP dataset does not contain specific risk factors disclosed by the company. General industry risks for foam manufacturers include volatility in raw material costs (petrochemical derivatives), intense competition from established national and regional brands, and dependence on real estate cycles. Additionally, as a company incorporated in 2020, Sham Foam has a relatively limited operational track record compared to older peers.

Valuation & Peer Comparison

Valuation metrics such as P/E ratio and market capitalisation cannot be computed due to the absence of price band and financial data. Listed peers in the foam and mattress space include Sheela Foam and Kurl-on, but a direct comparison is not possible at this stage.

Bottom Line

Sham Foam’s DRHP filing signals its intent to go public, with the IPO scheduled to open in August 2026. However, with minimal data available regarding financials, issue size, and business specifics, investors should wait for the complete prospectus before making any investment decisions.

How might the anticipated price band and issue size impact Sham Foam's valuation relative to listed peers like Sheela Foam and Kurl-on?

What specific growth strategies will Sham Foam deploy to capture market share in the competitive Indian foam and mattress sector?

How will fluctuations in petrochemical raw material costs affect Sham Foam's future EBITDA margins and pricing power?

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