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News Details

( As on 18/08/2026 10:05)

Sham Foam Ltd. debuts with 20.00% discount at Rs 104.00

Sham Foam Ltd. makes a weak debut on the bourses with scrip got listed at Rs 104.00 on the Bombay Stock Exchange, a 20.00 per cent discount to its issue price of Rs 130.00.

The company, which raised 0.31 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 31.14 lakhs shares.

The company, listed under MT Group Securities post its IPO, opened for subscription from Aug 11 to Aug 13.

Following a weak opening, the scrip touched an intraday high of Rs [BSEHighPrice] and a low of Rs [NSEHighPrice], before closing the session [UpDown] by [ChangePer] per cent to its listing price at Rs [ClosingPriceBSE] on the BSE.

The company anticipates using the proceeds of the issue for .

Navigant Corporate Advisors Ltd.,Corporate Makers Capital Ltd. as lead managers & Alankit Assignments Limited is the registrar, to the issue.

Meanwhile, the broader benchmark BSE Sensex closed trade at 77,728.16, down 281.09 points, or 0.36 per cent.