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(07/08/2026 16:30)

Sham Foam announces launch of initial public offering

Sham Foam Ltd. has announced public offering of 3114000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 120.00 per share. The gross proceeds of the issue are expected to be Rs 4,048.20 lakhs.

The company's initial public offer (IPO) will open on 11 August 2026 and is expected to close on 13 August 2026, subject to customary closing conditions.

The IPO includes a fresh Issue of 3114000 Equity Shares of the Company at an price of Rs 130.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1000 shares with bids in multiples of 1000.

Sham Foam Ltd. anticipates using the proceeds of the issue for .

Navigant Corporate Advisors Ltd.,Corporate Makers Capital Ltd. as lead manager(s) & Alankit Assignments Limited is the registrar, to the issue.
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