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
|
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: May Apply
- Rating: 3
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 |
10.92 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
Founded
in 1995, Shyam Dhani Industries Limited is an ISO-certified company that
manufactures, exports, and supplies premium spices, including spice powders and
whole spices.
They
process and manufacture them at our facility in Jatawali, Jaipur, Rajasthan.
The facility is equipped with modern machinery for cleaning, drying, grading,
grinding, and packaging efficiently.
They
offer a variety of packaging options: Ground spices come in 25 g to
25 kg pouches and HDPE bags; Blended spices come in 5 g to
1 kg cardboard boxes and pouches; Whole spices come in 50 g to
25 kg pouches and small plastic jars.
Shyam
Dhani Industries Ltd. saw its revenue grow by 16% and its profit after tax (PAT)
increase by 28% from the financial year ending March 31, 2024, to March 31,
2025.
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: info@shyamspices.co.in
Phone: +91 9257061811
Website: www.shyamspices.co.in
IPO Registrar
Bigshare
Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
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.