IPO

Shyam Dhani Industries Limited IPO

NSE SME

Listed On: Dec 30, 2025 at ₹ 133.0

₹ 280000 /4000 Shares
*Min Investment

Check Allotment

22 Dec, 2025

Open Date

24 Dec, 2025

Close Date

26 Dec, 2025

Allotment Date

30 Dec, 2025

Listing Date
Expected Premium
+ ₹62-63 (88.57%)

*Expected Premium provided in this app is derived from market rumors. It is not a guaranteed indicator of the actual listing price and should be interpreted with caution.

Shyam Dhani Industries IPO Live Subscription Details
View Subscription Details
QIB 256.24x
Individual 1137.92x
NIIs 1613.01x
BHNI 1850.10x
SHNI 1138.83x
Individual 1137.92x
Total 988.37x
Last updated: 24 Dec 2025, 05:57 PM
Shyam Dhani Industries IPO Issue Details
  • Issue Price ₹65-70 per equity share
  • Face Value ₹10 Per Equity Share
  • Total Issue Size 54,98,000 shares(aggregating up to ₹38.49 crore)
  • Fresh Share 54,98,000 shares(aggregating up to ₹38.49 crore)
  • Listing at NSE SME
  • List Price 133.0
  • Listing Date 2025-12-30
  • Lead Manager Holani Consultants Pvt.Ltd.
  • Registrar Bigshare Services Pvt.Ltd.
Market Lot Size

Investors can bid for a minimum of 4000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Individual (min) 2 4000 ₹2,80,000
Individual(max) 2 4000 ₹2,80,000
SHNI(min) 3 6000 ₹4,20,000
SHNI(max) 7 14000 ₹9,80,000
BHNI(min) 8 16000 ₹11,20,000
Shyam Dhani Industries IPO Reservation

Shyam Dhani Industries IPO offers total 5498000 shares. Out of which 1044000 (18.99%) allocated to QIB, 786000 (14.3%) allocated to NII,1828000 (33.25%) allocated to RII, NA (NA%) allocated to employees and 1560000 (28.37%) allocated to Anchor investors.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered 1560000 (28.37%)
Market Maker Shares Offered 280000 (5.09%)
QIB Shares Offered 1044000 (18.99%)
NII (HNI) Shares Offered 786000 (14.3%)
bNII > ₹10L 524000 (9.39%)
sNII < ₹10L 262000 (4.85%)
Individual Shares Offered 1828000 (33.25%)
Total Shares Offered 5498000 (100%)
Shyam Dhani Industries IPO Documents
Shyam Dhani Industries IPO Details


Shyam Dhani Industries Limited IPO is an SME IPO, priced at ₹65-70 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 54,98,000 equity shares, aggregating up to ₹38.49 crores..

The IPO bidding window is open from Dec 22, 2025 to Dec 24, 2025. The allotment is expected to be finalized on Dec 26, 2025, and the tentative listing date is Dec 30, 2025.

The minimum lot size for Individual investors is 4000 shares, with a minimum investment of ₹2,80,000.

Holani Consultants Pvt.Ltd. is acting as the lead manager to the issue. The registrar of the IPO is Bigshare Services Pvt.Ltd., and

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Shyam Dhani Industries IPO Subscription Analysis And Details
Retail
1137.92x
QIB
256.24x
NII
1613.01x
bNII
1850.10x
sNII
1138.83x
Total
988.37x
As on QIB NII
bNII   sNII
Individual Total
Shares Offered / Reserved 10,44,000 7,86,000
5,24,000    2,62,000
18,28,000 36,58,000
Day 1 22-12-25 05:00 PM
10.43 x 76.76 x
76.38 x   77.53 x
88.68 x 63.79 x
Day 2 23-12-25 05:00 PM
10.70 x 373.27 x
401.27 x   317.27 x
355.20 x 260.76 x
Day 3 24-12-25 05:00 PM
256.24 x 1613.01 x
1850.10 x   1138.83 x
1137.92 x 988.37 x

Total No of Applications
6,22,075
Subscription on the basis of Applications
Retail:1137.92x BHNI:654.39x SHNI:1021.52x
Shyam Dhani Industries Valuations
EPS Pre IPO ₹5.31/-
EPS Post IPO ₹4.07/-
P/E Pre IPO 13.19
P/E Post IPO 17.21
ROE 41.06%
ROCE 39%
Debt/Equity 2.00
RoNW 34.07%
PAT Margin 6.45%
Price to Book Value 4.41
Market Cap. 144.59 Cr.
Shyam Dhani Industries Company Financials
In Crs.
In Cr.
30-Sep-25 31-Mar-25 31-Mar-24 31-Mar-23
Assets 88.79 82.47 52.84 27.51
Revenue 63.83 124.75 107.64 68.10
Profit After Tax 4.20 8.04 6.30 2.92
Net Worth 27.81 23.61 15.56 9.26
Reserves & Surplus 12.93 8.73 14.42 8.12
Total Borrowing 48.18 47.24 24.45 12.75
About Shyam Dhani Industries Company

Established in the year 1995, Shyam Dhani Industries Limited is an ISO-certified organization, a manufacturer, exporter, wholesaler, and supplier of Premium Spices, Spices Powder, Whole Spices, etc.
They buy, stock, and supply Grocery Products such as Black Salt, Rock Salt, Rice, Poha, Kasuri Methi, and various Herbs & seasonings, including Organo, Peri Peri, Chilli Flakes, Mixed Herbs, Onion Flakes, and Tomato Powder.It is processing 163 types of spices, namely Ground, Blend, and Whole Spices, under the brand name 'SHYAM'.
The company deals in the trade and distribution of grocery items such as black salt, rock salt, rice, poha, kasuri methi, herbs, and various seasonings such as oregano, peri peri, chilli flakes, mixed herbs, onion flakes, and tomato powder, among others.
The manufacturing unit of the company is based in Jaipur, Rajasthan.
The company opwerates through General Trade (Wholesalers & Distributors), Modern Trade (Supermarkets & Chains), besides which it has Quick Commerce Platforms (apps), ensuring easy product accessibility. In addition, the company is engaged in Private Labeling, HoReCa ( Hotel, Rest, Catering ) Sales, as well as Export Sales.
As of 30 November 2025, they employ a total of 394 people, which include Accounts & Finance, Compliance, Maintenance, Marketing & Logistics, Production & Operations, Quality, Top Level Management, and Permanent Labour.

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Shyam Dhani Industries - Promoter(s)

Mr. Ramawtar Agarwal

Mrs. Mamta Devi Agarwal

Mr. Vithal Agarwal

Pre Issue Share Holding : 98.11%

Post Issue Share Holding : %

Shyam Dhani Industries IPO - Issue Objectives
1

Purchase of machineries for installation at existing manufacturing unit located at Khasra No. 06/1067 Manpura Road, Jatawali, near Delhi bypass, Tehsil – Chomu, Jaipur, Rajasthan

2

Purchase of 200 KW Solar Rooftop Grid-connected PV System

3

Part Repayment of existing Cash Credit Facility availed by the company from scheduled commercial banks

4

Funding the incremental working capital requirements of the company

5

General Corporate Purpose

Contact Details

Shyam Dhani Industries

F-438-A Road No. 12, VKIA Jaipur, Rajasthan, 302013

+91 9257061811

info@shyamspices.co.in

https://www.shyamspices.co.in/

Registrar Contact Details

Bigshare Services Pvt Ltd

+91-22-6263 8200

ipo@bigshareonline.com

https://ipo.bigshareonline.com/ipo_status.html