Shyam Dhani IPO Date, Review, Price, Allotment Details IPO

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Updated: 30 Dec 2025, 09:30 AM

Shyam Dhani IPO Summary

IPO Open Date: 22 Dec 2025

IPO Close Date: 24 Dec 2025

Price Band: ₹65 to ₹70 Per Share

Issue Size: Approx ₹38.49 Crores

Listing Exchange: BSE SME

Website: www.shyamspices.co.in

Shyam Dhani IPO Overview

Shyam Dhani IPO open date is December 22, 2025 and the IPO will close on December 24, 2025. Shyam Dhani Industries IPO is a Book Build Issue. The company to raise around ₹38.49 crores via IPO that comprises fresh issue of ₹38.49 crores and offer for sale up to [.] equity shares with face value of ₹10 each.


Shyam Dhani Industries IPO price band is ₹65 to ₹70 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Shyam Dhani Industries IPO to list on NSE on December 30, 2025. The allotment of Shyam Dhani Industries IPO date is December 26, 2025.


The company reported revenue of ₹124.75 crores in 2025 against ₹107.64 crores in 2024. The company reported profit of ₹8.04 crores in 2025 against profit of ₹6.30 crores in 2024. As per the financials the IPO investors should apply the IPO for a long term.

Shyam Dhani IPO Details

Company Name Shyam Dhani Industries Ltd
IPO Open Date 22 Dec 2025
IPO Close Date 24 Dec 2025
Face Value ₹10 Per Equity Share
Price Band ₹65 to ₹70 Per Share
Issue Size Approx ₹38.49 Crores
Fresh Issue Approx ₹38.49 Crores
Offer for Sale -
Issue Type Book Build Issue
Listing On NSE SME

Shyam Dhani IPO Review & Key Points

May Apply
Rating: (3/5)

Shyam Dhani IPO Market Lot

The Shyam Dhani Industries IPO minimum market lot is 4,000 shares with ₹2,80,000 application amount.

Category 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

Shyam Dhani IPO Reservation

Investor Category Shares Offered % of Issue
Anchor Investor 15,60,000 Shares 28.37%
QIB (Ex. Anchor) 10,44,000 Shares 18.99%
NII / HNI 7,86,000 Shares 14.30%
Retail 18,28,000 Shares 33.25%

Anchor Bidding Date: 19 Dec 2025

Anchor Issue Size: 10.92 Cr.

30 Days Lock-in: 25 Jan 2026

90 Days Lock-in: 26 Mar 2026

Shyam Dhani IPO Dates & Allotment

IPO Opening Date 22 Dec 2025
IPO Closing Date 24 Dec 2025
Bidding Cutoff Time 5 PM
Basis of Allotment 26 Dec 2025
Refunds Initiation 29 Dec 2025
Credit to Demat 29 Dec 2025
IPO Listing Date 30 Dec 2025

Shyam Dhani IPO Objects of the Issue & Utilization of Proceeds

Description Amount
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 ₹-

Shyam Dhani Industries Ltd Financials

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 IPO Valuation

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.


Parameter Value
Earnings Per Share (EPS) ₹5.41 (Basic)
P/E Ratio N/A
Return on Equity (ROE) 41.06%
Return on Capital Employed (ROCE) 39.00%
Return on Net Worth (RoNW) 34.07%
Net Asset Value (NAV) ₹15.87
EBITDA Margin 11.65%
PAT Margin 6.45%
Debt to Equity Ratio 2.00

Shyam Dhani IPO Peer Group Comparison

Company EPS P/E RoNW % NAV Total 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.

Shyam Dhani IPO Promoters & Holding Pattern

The promoters of the company are Mr. Ramawtar Agarwal, Mrs. Mamta Devi Agarwal and Mr. Vithal Agarwal.

Particulars Shares % Share
Promoter Holding Pre Issue 1,48,72,000 98.11%
Promoter Holding Post Issue 2,03,70,000 -%

Shyam Dhani IPO Lead Managers (Merchant Bankers)

  • Holani Consultants Pvt.Ltd.

About Shyam Dhani Industries Ltd

Shyam Dhani Industries Limited (SDIL) is an Indian manufacturer and exporter of premium spices and grocery products, founded in 1995 and headquartered in Jaipur, Rajasthan. As of December 2025, the company is in the process of launching its SME IPO on the NSE platform.

Shyam Dhani Industries Ltd Address

Jaipur, Rajasthan 302013, India
Phone: +91 9257061811
Email: [email protected]

Shyam Dhani IPO Registrar

Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com/IPO_Status.html

Shyam Dhani IPO FAQs

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.
The IPO is to open on December 22, 2025 for QIB, NII, and Retail Investors. The IPO will close on December 24, 2025.
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
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.
Shyam Dhani Industries IPO issue size is ₹38.49 crores.
Shyam Dhani Industries IPO Price Band is ₹65 to ₹70.
The minimum bid is 4,000 Shares with ₹2,80,000 amount.
Shyam Dhani Industries IPO allotment date is December 26, 2025.
Shyam Dhani IPO listing date is December 30, 2025. The IPO is to list on NSE.