Sham Foam Shares List on BSE SME at Discount After Rs 40 Crore IPO
Sham Foam's shares debuted on the BSE SME platform on August 18, priced at Rs 130 per share after a Rs 40.48 crore IPO subscribed 2.4 times. Despite a modest grey market premium suggesting a slight gain, the stock listed at Rs 104, a 20% discount, and later hit its lower circuit at Rs 98.80. The company produces polyurethane foam and related products, with rising revenues and profits over recent years. Proceeds from the IPO will fund capital expenditure, working capital, and corporate purposes.
First-hand measurement across 3 sources
We measured how 3 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is neutral (49/100). Lens Score 37/100.
Outlets measured: businessstandard, economictimes, moneycontrol. See how each one headlined and framed the same story in the source comparison below.
AI Analysis
Sentiment was consistent across outlets (48–52/100), indicating broadly factual reporting rather than editorialising.
Coverage timeline
moneycontrol broke this story on 17 Aug, 06:55 pm. Other outlets followed.