Shyam Dhani IPO Details
| IPO Open Date | December 22, 2025 |
| IPO Close Date | December 24, 2025 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹65 to ₹70 Per Share |
| Issue Size | Approx ₹38.49 Crores |
| Fresh Issue | Approx ₹38.49 Crores |
| Issue Type | Book Build Issue |
| IPO Listing | NSE SME |
| DRHP Draft Prospectus |  |
| RHP Draft Prospectus | |
Shyam Dhani Industries IPO Review & Key Points
- Review:
Shyam Dhani Industries IPO Market Lot
The Shyam Dhani Industries IPO minimum market lot is 4,000 shares with ₹2,80,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 4,000 | ₹2,80,000 |
| Retail Maximum | 2 | 4,000 | ₹2,80,000 |
| S-HNI Minimum | 3 | 6,000 | ₹4,20,000 |
| S-HNI Maximum | 7 | 14,000 | ₹9,80,000 |
| B-HNI Minimum | 8 | 16,000 | ₹11,20,000 |
IPO Reservation
| Investor Category | Share Offered | -% Shares |
| Anchor Investor | 15,60,000 Shares | 28.37% |
| QIB (Ex. Anchor) | 10,44,000 Shares | 18.99% |
| NII Shares Offered | 7,86,000 Shares | 14.30% |
| Retail Shares Offered | 18,28,000 Shares | 33.25% |
Shyam Dhani Industries IPO Anchor Investors
| Anchor Bidding Date | December 19, 2025 |
| Anchor Investors List | |
| Shares Offered | 15,60,000 Shares |
| Anchor Size | [.] Cr. |
| lock-in period end date 50% shares (30 Days) | January 25, 2026 |
| lock-in period end date 50% shares (90 Days) | March 26, 2026 |
Shyam Dhani Industries IPO Dates
The Shyam Dhani IPO date is December 22 and the close date is December 24. The Shyam Dhani Industries IPO allotment will be finalized on December 26 and the IPO listing on December 30.
| IPO Open Date: | December 22, 2025 |
| IPO Close Date: | December 24, 2025 |
| Basis of Allotment: | December 26, 2025 |
| Refunds: | December 29, 2025 |
| Credit to Demat Account: | December 29, 2025 |
| IPO Listing Date: | December 30, 2025 |
| IPO Bidding Cut-off Time: | December 24, 2025 – 5 PM |
Promoters and Holding Pattern
The promoters of the company are Mr. Ramawtar Agarwal, Mrs. Mamta Devi Agarwal and Mr. Vithal Agarwal.
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 1,48,72,000 | 98.11% |
| Promoter Holding Post Issue | 2,03,70,000 | -% |
Objects of the Issue & Utilisation of proceeds
| Purpose | Crores |
| 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 | ₹0.91 |
| Purchase of 200 KW Solar Rooftop Grid-connected PV System | ₹0.66 |
| Part Repayment of existing Cash Credit Facility availed by the company from scheduled commercial banks | ₹7.0 |
| Funding the incremental working capital requirements of the company | ₹14.65 |
| General Corporate Purpose | ₹- |
About Shyam Dhani Industries IPO
To be updated soon
Shyam Dhani Industries IPO Company Financial Report
Amount ₹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹68.10 | ₹63.87 | ₹2.92 | ₹27.51 |
| 2024 | ₹107.64 | ₹99.22 | ₹6.30 | ₹52.84 |
| 2025 | ₹124.75 | ₹113.98 | ₹8.04 | ₹82.47 |
| September 2025 | ₹63.83 | ₹58.19 | ₹4.20 | ₹88.79 |
Shyam Dhani Industries IPO Valuation – FY2025
Check Shyam Dhani IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 41.06% |
| ROCE: | 39.00% |
| EBITDA Margin: | 11.65% |
| PAT Margin: | 6.45% |
| Debt to equity ratio: | 2.00 |
| Earning Per Share (EPS): | ₹5.41 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 34.07% |
| Net Asset Value (NAV): | ₹15.87 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Madhusudan Masala Limited | 8.49 | 13.56 | 12.77% | 63.10 | 216.50 Cr. |
| NHC Foods Ltd | 0.31 | 3.06 | 8.09% | 1.39 | 341.41 Cr. |
IPO Lead Managers aka Merchant Bankers
- Holani Consultants Pvt.Ltd.
Company Address
Shyam Dhani Industries Ltd.
Office No. 901, 902, 903, 904 & 908,
Abhishree Adroit, Nr. Swaminarayan Temple
Vastrapur
Ahmedabad, Gujarat, 380015
F-438-A, Road No. 12, VKIA,
Jaipur, Rajasthan 302013, India.
Email: [email protected]
Phone: +91 9257061811
Website: www.shyamspices.co.in
IPO Registrar
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com/IPO_Status.html
Shyam Dhani Industries IPO FAQs
What is Shyam Dhani Industries IPO?
Shyam Dhani IPO is SME IPO. The company is going to raise ₹38.49 Crores via IPO. The issue is priced at ₹65 to ₹70 per equity share. The IPO is to be listed on NSE.
When Shyam Dhani Industries IPO will open for subscription?
The IPO is to open on December 22, 2025 for QIB, NII, and Retail Investors. The IPO will close on December 24, 2025.
What is Shyam Dhani Industries IPO Investors Portion?
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
How to Apply the Shyam Dhani Industries IPO?
You can apply for Shyam Dhani Industries IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
What is Shyam Dhani Industries IPO Issue Size?
Shyam Dhani Industries IPO issue size is ₹38.49 crores.
What is Shyam Dhani Industries IPO Price Band?
Shyam Dhani Industries IPO Price Band is ₹65 to ₹70.
What is Shyam Dhani Industries IPO Lot Size?
The minimum bid is 4,000 Shares with ₹2,80,000 amount.
What is the Shyam Dhani Industries IPO Allotment Date?
Shyam Dhani Industries IPO allotment date is December 26, 2025.
What is the Shyam Dhani Industries IPO Listing Date?
Shyam Dhani IPO listing date is December 30, 2025. The IPO is to list on NSE.
Note: The Shyam Dhani Industries IPO price band and date are officially announced. The (Shyam Dhani Industries IPO grey market premium) will be added to the IPO GMP page as it will start).
