Sham Foam IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| NII | 0.00 | 0.03 | 2.17 |
| RII | 0.03 | 0.17 | 2.62 |
| Total | 0.02 | 0.10 | 2.40 |
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
The Sham Foam IPO minimum market lot is 2,000 shares with ₹2,60,000 application amount. The Sham Foam IPO is a SME IPO, and it is to be listed on BSE SME.
Business Overview
Since its establishment in 2020, Sham Foam has been involved in the manufacturing, distribution, marketing, and sale of polyurethane foam (PU Foam), mattresses, and home comfort products. They use industrial-grade PU foam in their products and sell mattresses, pillows, cushions, furniture cushioning, and PU foam cores used in home comfort products.
Its mattresses are sold under the Featherfresh and Restivia brands, where they offer both Pure Foam mattresses and Hybrid mattresses with customization options. Its Pillows and Cushions are also sold under the Featherfresh brand with different levels of foam firmness for better comfort. Sham Foam managed the entire value chain, from product design and engineering to manufacturing, distribution, and customer engagement. Its manufacturing facility is situated in Ambala, Haryana, spanning over 2,04,460 sq. ft.
Sham Foam IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Sham Foam IPO Review and Rating
- May Apply For Long-term View
Sham Foam IPO Form
How to apply for the Sham Foam IPO? You can apply for Sham Foam IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Sham Foam IPO in the Invest section. The other option is you can apply for Sham Foam IPO via IPO forms downloaded online. Check out the Sham Foam forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
