Sham Foam IPO GMP Today, Price & Details
Sham Foam IPO GMP Today, Price Band, Subscription Status, Allotment & Listing Details
About Sham Foam
Sham Foam operates in the competitive foam manufacturing sector, catering to various industries with its product range. As an SME IPO, it aims to raise capital to fuel its expansion plans. The company's scale of operations can be gauged from its recent revenue figures, indicating a presence in the market. The IPO structure exclusively involves a fresh issue, meaning all the capital raised will directly flow into the company's coffers for its growth initiatives, rather than being distributed to existing shareholders through an Offer for Sale (OFS).
Financially, Sham Foam has demonstrated a notable revenue of ₹37.87 Cr and a Profit After Tax (PAT) of ₹3.19 Cr in its latest reported period. This translates to an Earnings Per Share (EPS) of ₹4.28. The IPO is structured as a pure fresh issue, with the entire ₹40.48 Cr being raised through this route. This approach suggests a strong focus on internal development and expansion, as the company seeks to leverage the capital for future projects. The absence of an OFS component means no existing shareholders are exiting their positions through this offering.
In terms of competitive positioning, Sham Foam operates within an industry that demands innovation and cost-efficiency. The company's ability to generate a healthy PAT from its revenue suggests a degree of operational efficiency. The funds raised from this IPO are earmarked for specific growth-oriented purposes, which will be crucial in enhancing its market standing. The use of proceeds will likely focus on expanding manufacturing capacity, investing in research and development, or strengthening its distribution network to better serve its customer base. This strategic deployment of capital is key to its future success.
Sham Foam IPO — Investment Analysis
When we look at Sham Foam's IPO valuation, the stated price band is ₹0 - ₹0 per share, which is unusual and likely a placeholder or an error in the provided data. However, based on the provided EPS of ₹4.28 and a P/E ratio of 23.38x, we can infer a potential issue price in the range of ₹99.74 (4.28 * 23.38). This P/E of 23.38x, if accurate, places it in a moderate valuation bracket for an SME. It's not excessively high, but it's also not a deep discount, suggesting the market expects a reasonable performance post-listing. Investors will need to carefully check the final price band when it's officially announced.
Financially, Sham Foam presents a mixed but generally positive picture. Its revenue stands at ₹37.87 Cr with a PAT of ₹3.19 Cr, yielding a healthy PAT margin. The Return on Net Worth (RONW) is an impressive 28.74%, and the Return on Capital Employed (ROCE) is also strong at 22.56%. These figures indicate efficient utilization of shareholder funds and capital. However, the EBITDA margin of 5.78% is on the lower side, which could suggest some pressure on operational costs or pricing power.
Looking at growth prospects, the company's strong return ratios suggest it has a solid operational foundation. The fresh issue component of ₹40.48 Cr is intended for growth, which is a positive sign. However, risks are inherent in any SME IPO. The sector itself can be cyclical, and competition is likely fierce. Furthermore, the exact use of proceeds needs careful scrutiny to ensure it aligns with realistic growth drivers. The fact that it's an SME listing means it will likely attract speculative interest, but also carries higher volatility compared to mainboard companies.
Subscription levels for SME IPOs can be quite telling about market sentiment. High subscriptions from HNIs (High Net-worth Individuals) and retail investors often signal strong demand and potential for listing gains. Conversely, weak subscriptions might indicate investor caution. Given that this is an SME offering, the QIB (Qualified Institutional Buyer) portion is usually minimal or absent. Therefore, the focus will be on NII (Non-Institutional Investor) and retail demand to gauge the IPO's success and immediate post-listing performance. Investors should consult a SEBI-registered financial advisor before making investment decisions.
Disclaimer: This analysis is auto-generated from publicly available financial data and should not be considered investment advice. Always consult a SEBI-registered financial advisor before making investment decisions.
Sham Foam IPO — Pros & Cons
Strengths
- The company has demonstrated strong profitability with a Return on Net Worth (RONW) of 28.74% and a Return on Capital Employed (ROCE) of 22.56%. These robust return ratios indicate efficient management of shareholder funds and capital, which is attractive for long-term investors.
- Sham Foam has achieved a respectable Profit After Tax (PAT) of ₹3.19 Cr on a revenue of ₹37.87 Cr, signifying a healthy PAT margin. This suggests the company has a good grip on its cost structure and pricing power within its operational segment.
- The entire IPO issue size of ₹40.48 Cr is a fresh issue, meaning the capital raised will directly infuse into the company. This capital can be utilized for expansion, R&D, or debt reduction, which are all positive indicators for future growth and value creation.
- The Net Asset Value (NAV) per share stands at ₹14.88, which is higher than the Face Value of ₹10. This indicates a healthy book value and financial standing for the company.
- The company has reported an Earnings Per Share (EPS) of ₹4.28, which provides a base for valuation analysis and indicates the profitability attributable to each outstanding share.
Risks
- The reported EBITDA margin of 5.78% is relatively low compared to the PAT margin. This could indicate significant depreciation, interest expenses, or other non-operating costs impacting overall profitability, which warrants further investigation.
- The IPO price band is listed as ₹0 - ₹0 per share, which is highly unusual and suggests potential data incompleteness or a placeholder. Investors need to be cautious and await the final, clearly defined price band before making any assessment.
- As an SME IPO, Sham Foam is subject to higher inherent risks, including greater price volatility and lower liquidity compared to mainboard listed companies. This makes it a riskier proposition for conservative investors.
- The competitive landscape in the foam manufacturing industry is likely intense, which could exert pressure on pricing and margins. The company's ability to sustain its profitability amidst competition needs to be closely monitored.
- While the company has shown good returns, the specific details regarding the utilization of the ₹40.48 Cr fresh issue proceeds are crucial. Any misallocation or ineffective use of funds could hinder growth prospects.
Sham Foam IPO Details
| Company Name | Sham Foam |
|---|---|
| IPO Type | SME |
| Exchange | BSE |
| Price Band | TBA |
| Face Value | ₹10 per share |
| Lot Size | 1000 shares |
| Total Issue Size | ₹40.00 Cr |
|---|---|
| Fresh Issue | ₹40.48 Cr |
| Registrar | Alankit Assignments Ltd. |
| Lead Manager | Corporate Makers Capital Ltd., Navigant Corporate Advisors Ltd. |
| IPO Status | Listed |
Sham Foam IPO Dates
Sham Foam IPO Listing Performance
Sham Foam IPO listed on BSE on 18 Aug 2026 at ₹104, a premium of 0% over the issue price of ₹0. Investors who received allotment made a profit of ₹104,000 per lot (1000 shares) on listing day.
Sham Foam IPO — Key Highlights
- Sham Foam has reported an impressive Return on Net Worth (RONW) of 28.74%, showcasing strong profitability relative to shareholder equity.
- The company's Return on Capital Employed (ROCE) stands at a healthy 22.56%, indicating efficient utilization of its total capital.
- The IPO is a pure fresh issue of ₹40.48 Cr, meaning all funds raised will directly benefit the company's growth initiatives.
- Sham Foam has achieved a PAT of ₹3.19 Cr on revenues of ₹37.87 Cr, demonstrating a solid profit-generating capability.
- The Net Asset Value (NAV) per share is ₹14.88, which is significantly higher than its face value of ₹10, indicating a strong book value.
Sham Foam Financial Performance
| Metric (₹ Cr) | FY 2023 | FY 2024 | FY 2025 | H1 FY 2026 |
|---|---|---|---|---|
| Revenue | 79.82 | 73.73 | 81.15 | 37.87 |
| Expenses | 79.68 | 70.26 | 77.19 | 34.11 |
| Net Income (PAT) | 0.70 | 2.97 | 3.58 | 3.19 |
| Margin (%) | 0.88% | 4.03% | 4.41% | 8.42% |
Sham Foam IPO Valuations & Key Metrics
Valuation Ratios
| EPS | ₹4.28 |
|---|---|
| P/E Ratio | 23.38x |
| NAV | ₹14.88 |
| Current Ratio | 2.20 |
| Debt/Equity | 0.740 |
Return Metrics
| RONW (%) | 28.74% |
|---|---|
| ROCE (%) | 22.56% |
| EBITDA Margin | 5.78% |
Sham Foam IPO Reservation / Allocation
Sham Foam IPO Anchor Investors
| Bid Date | Coming soon |
|---|---|
| Shares Offered | Coming soon |
| Anchor Portion (INR Cr.) | Coming soon |
| Anchor lock-in period end date for 50% shares (30 Days) | Coming soon |
| Anchor lock-in period end date for remaining shares (90 Days) | Coming soon |
Sham Foam IPO Lead Manager & Registrar
Book Running Lead Manager
Corporate Makers Capital Ltd., Navigant Corporate Advisors Ltd.
IPO Registrar
Alankit Assignments Ltd.
Sham Foam IPO — Frequently Asked Questions
What is Sham Foam IPO GMP today?
As of today, the Grey Market Premium (GMP) for Sham Foam IPO is ₹4 per share, indicating a potential listing premium of 0% above the issue price of ₹0.
What are the important dates for Sham Foam IPO?
Sham Foam IPO opens for subscription on 11 Aug 2026 and closes on 13 Aug 2026. Allotment is expected on 14 Aug 2026. The shares are expected to list on BSE on 18 Aug 2026.
What is the investor category allocation in Sham Foam IPO?
The shares are reserved as follows — Qualified Institutional Buyers (QIB): 0.00%, Non-Institutional Investors (NII/HNI): 0.00%, and Retail Individual Investors: 50.00%.
How can I apply for Sham Foam IPO?
You can apply for Sham Foam IPO through your bank's net banking ASBA facility or via UPI-based application through any stockbroker platform. Ensure you have sufficient funds in your bank account as the amount will be blocked until allotment. The registrar for this IPO is Alankit Assignments Ltd..
What is Sham Foam IPO price band and lot size?
The IPO price band is currently indicated as ₹0 to ₹0 per share, which is unusual and requires clarification. The lot size is set at 1000 shares. Based on the face value of ₹10 per share and the inferred P/E, the minimum investment is expected to be substantial once the price band is finalized.
Investors should await the official price band announcement for precise figures.
Is Sham Foam IPO worth investing in?
Sham Foam presents a compelling case with strong return ratios like RONW at 28.74% and ROCE at 22.56%, along with a healthy PAT of ₹3.19 Cr. The P/E of 23.38x, if based on the final price, appears reasonable. However, the low EBITDA margin of 5.78% and the unusual ₹0 price band raise questions.
Given these factors, it could be suitable for investors comfortable with SME risks seeking potential growth. However, caution is advised due to the limited clarity on pricing and potential operational cost pressures. Investors should consult a SEBI-registered financial advisor before making investment decisions.
What is Sham Foam IPO GMP today?
Information regarding the Grey Market Premium (GMP) for the Sham Foam IPO is not available at this time. GMP is an unofficial indicator of demand and is subject to change rapidly. It reflects the premium at which IPO shares are trading in the unofficial market before listing.
Relying solely on GMP for investment decisions is not advisable, as it's speculative and can be misleading.
How to apply for Sham Foam IPO?
You can apply for the Sham Foam IPO through your demat account via the UPI or ASBA (Application Supported by Blocked Amount) facility. Most brokers offer online application portals. Funds will be blocked in your bank account and debited only upon successful allotment of shares.
The registrar for this IPO is Alankit Assignments Ltd., which will manage the allotment process.