Sham Foam IPO Day 2 Subscription Status: Issue Booked 0.04x So Far
Authored By HDFC SKY | Published at: Aug 12, 2026 11:30 AM IST
Sham Foam IPO was subscribed 0.04 times by 10:34 AM on Day 2, with retail investors at 0.06 times and NII at 0.01 times.
Mumbai, August 12: The Sham Foam IPO entered its second day of bidding on Wednesday, August 12, with the issue receiving bids for 1.06 lakh shares by 10:34 AM. The fixed-price issue opened on August 11 and is scheduled to close on August 13, 2026.
The ₹40.48 crore IPO is entirely a fresh issue of 31.14 lakh shares at a fixed price of ₹130 per share. At the latest update, the overall issue had been subscribed 0.04 times, with retail investors accounting for most of the bids received so far.
Sham Foam IPO Day 2 Subscription Status
As of 10:34 AM on August 12, the Sham Foam IPO had received bids for 1,06,000 shares against 29,58,000 shares offered to the public. The overall subscription stood at 0.04 times.
The retail portion was subscribed 0.06 times, while the NII/HNI category was subscribed 0.01 times.
| Category | Shares Offered | Shares Bid For | Subscription |
| NII/HNI | 14,79,000 | 10,000 | 0.01x |
| Retail | 14,79,000 | 96,000 | 0.06x |
| Total | 29,58,000 | 1,06,000 | 0.04x |
The latest figures include 55 applications in total. The QIB category is not part of the investor reservation structure shown for this fixed-price SME issue.
Category-wise Sham Foam IPO Subscription Status
Retail investors continued to account for the bulk of the bidding on Day 2. Their bids stood at 96,000 shares against 14.79 lakh shares reserved for the category.
| Investor Category | Shares Offered | Shares Bid For | Subscription |
| Retail | 14,79,000 | 96,000 | 0.06x |
| NII/HNI | 14,79,000 | 10,000 | 0.01x |
| Total Public Issue | 29,58,000 | 1,06,000 | 0.04x |
Sham Foam Day-Wise Subscription Summary
The subscription level moved up from the first day, when the issue had been subscribed 0.02 times. By 10:34 AM on Day 2, the overall subscription had reached 0.04 times.
| Date | NII/HNI | Retail | Total |
| August 11, 2026 (Day 1) | 0.00x | 0.03x | 0.02x |
| August 12, 2026 (Day 2, 10:34 AM) | 0.01x | 0.06x | 0.04x |
The Day 2 numbers are based on bids recorded up to 10:34 AM and can change as bidding continues through the session.
Sham Foam IPO Timeline
| IPO Milestone | Date |
| Issue Open Date | August 11, 2026 |
| Issue Close Date | August 13, 2026 |
| Basis of Allotment Date | August 14, 2026 |
| Initiation of Refunds | August 17, 2026 |
| Credit of Shares | August 17, 2026 |
| Listing Date on BSE SME | August 18, 2026 |
Brief Overview Of The Sham Foam IPO
Sham Foam IPO is a fixed-price issue of ₹40.48 crore. The entire issue consists of a fresh issue of 31,14,000 shares priced at ₹130 each. There is no offer for sale component.
| IPO Detail | Particulars |
| Issue Size | ₹40.48 crore |
| Issue Type | Fixed Price IPO |
| Fresh Issue | 31,14,000 shares |
| Price | ₹130 per share |
| Face Value | ₹10 per share |
| Lot Size | 1,000 shares |
| Minimum Retail Application | 2,000 shares |
| Minimum Retail Investment | ₹2,60,000 |
| Minimum HNI Application | 3,000 shares |
| Minimum HNI Investment | ₹3,90,000 |
| Net Offer to Public | 29,58,000 shares |
| Market Maker Reservation | 1,56,000 shares |
| Listing Platform | BSE SME |
| Tentative Listing Date | August 18, 2026 |
The net public offer is divided equally between NII/HNI and retail investors, with 14,79,000 shares allocated to each category.
| Investor Category | Shares | Share of Net Offer |
| NII/HNI | 14,79,000 | 50.00% |
| Retail | 14,79,000 | 50.00% |
| Market Maker | 1,56,000 | 5.01% of total issue |
| Total Issue | 31,14,000 | 100.00% |
Sham Foam, incorporated in 2020, manufactures and sells polyurethane foam, mattresses and related home-comfort products. Its product range includes mattresses, pillows, cushions, furniture cushioning and PU foam cores, alongside industrial-grade foam supplied for applications including furniture, apparel, sports goods and automobiles.
The company operates a manufacturing facility in Ambala, Haryana. Its products include customised PU foam and mattress solutions, while mattresses are marketed under the Featherfresh and Restivia brands.
Corporate Makers Capital Ltd. is the book running lead manager, Alankit Assignments Ltd. is the registrar to the issue and JSK Securities & Services Pvt. Ltd. is the market maker.
The Sham Foam IPO will remain open for subscription until August 13. The basis of allotment is scheduled for August 14, followed by refunds and credit of shares on August 17. The shares are proposed to list on the BSE SME platform on August 18, 2026.
Source:
- https://www.bsesme.com/download/314291/SME_IPO%20Open/Sham%20Foam%20Limited%20Prospectus_20260807192906.pdf
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