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Neutral impactIPO

Sham Foam shares to list today: Check GMP ahead of BSE SME debut

Economic Times 1 hr ago·18 Aug 2026, 3:47 am

Sham Foam is set to list on the BSE SME platform today, marking the completion of its initial public offering. The company raised funds through a fresh issue of shares priced at Rs 130 each. For investors, the listing represents the first opportunity to trade the stock in the open market, following the recent subscription phase.

Market sentiment ahead of the debut appears cautious, with grey market trends suggesting a largely flat listing. The IPO was subscribed 2.40 times overall. Investors should watch the listing price and the volume of trades on the first day to gauge the immediate market reception of the company's shares.