Sham Foam IPO — Broker Reviews

Sham Foam is engaged in the business of manufacturing, distribution, marketing and selling PU Foam mattresses and other home comfort products. The company posted growth in its top and bottom lines, but the bumper profits for FY26 appear to be window dressing to fetch fancy valuations for the IPO. Based on recent financial data, the issue appears aggressively priced. Only well-informed, cash-surplus, risk-seeking investors may consider parking moderate funds for the long term.