Shyam Dhani Industries – IPO
Shyam Dhani Industries – IPO Details
| IPO Date | December 22, 2025 to December 24, 2025 |
| Listing Date | December 30, 2025 |
| Face Value | ₹ 10 / Share |
| Price Band | ₹ 65 to ₹ 70 / Share |
| Lot Size | 2000 Shares |
| Total Issue Size | 54,98,000 shares (Aggregating up to ₹38.49 Cr) |
| Fresh Issue | |
| Offer for Sale | |
| Employee Discount | |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share holding pre issue | 1,48,72,000 shares |
| Share holding post issue | 2,03,70,000 shares |
| Market Maker portion |
Shyam Dhani Industries Timeline (Tentative Schedule)
Shyam Dhani Industries IPO opens on December 22, 2025, and closes on December 24, 2025.
| IPO Open Date | December 22, 2025 |
| IPO Close Date | December 24, 2025 |
| Basis of Allotment | December 26, 2025 |
| Initiation of Refunds | December 29, 2025 |
| Credit of Shares to Demat | December 29, 2025 |
| Listing Date | December 30, 2025 |
| Cut-off time for UPI mandate confirmation | December 24, 2025 |
Shyam Dhani Industries IPO Lot Size
Investors can bid for a minimum of 4,000 shares and in multiples of 2,000 shares thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 4,000 | Rs.280,000 |
| Retail (Max) | 2 | 4,000 | Rs.280,000 |
| S-HNI (Min) | 3 | 6,000 | Rs.420,000 |
| S-HNI (Max) | 7 | 14,000 | Rs.980,000 |
| B-HNI (Min) | 8 | 16,000 | Rs.1,120,000 |
| HNI (Min) |
Shyam Dhani Industries IPO Promoter Holding
| Share Holding Pre Issue | 98.11% |
| Share Holding Post Issue |
Shyam Dhani Industries IPO Reservation
Shyam Dhani Industries IPO offers a total of 54,98,000 shares. Out of which 26,04,000 (47.36%) allocated to QIB, 10,44,000 (18.99%) allocated to QIB (Ex-Anchor), 7,86,000 (14.30%) allocated to NII,18,28,000 (33.25%) allocated to RII, and 15,60,000 (28.37%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | |
|
| Market Maker Shares Offered | 2,80,000 (5.09%) |
|
| Other Shares Offered | |
|
| QIB Shares Offered | 26,04,000 (47.36%) |
|
| NII (HNI) Shares Offered | 7,86,000 (14.30%) |
|
| bNII > ₹10L | |
|
| sNII < ₹10L | |
|
| Retail Shares Offered | 18,28,000 (33.25%) |
|
| Employee Shares Offered | |
|
| Total Shares Offered | 54,98,000 (100.00%) |
Shyam Dhani Industries IPO Anchor Investors Details
| Bid Date | |
| Shares Offered | |
| Anchor Portion Size (In Cr.) | |
| Anchor lock-in period end date for 50% shares (30 Days) | |
| Anchor lock-in period end date for remaining shares (90 Days) |
About Shyam Dhani Industries
Incorporated in 1995, Shyam Dhani Industries Limited is an ISO-certified company and manufacturer, exporter, wholesaler, and supplier of Premium Spices, Spices Powder, Whole Spices, etc.
They trade and distribute Grocery Products like Black Salt, Rock Salt, Rice, Poha, Kasuri Methi, and a variety of Herbs and seasonings, including Organo, Peri Peri, Chilli Flakes, Mixed Herbs, Onion Flakes, and Tomato Powder.
The company processes 163 varieties of spices, including Ground, Blend, and Whole Spices under the brand name “SHYAM".
The company trades and distributes grocery products like black salt, rock salt, rice, poha, kasuri methi, and a range of herbs and seasonings, including oregano, peri peri, chilli flakes, mixed herbs, onion flakes, and tomato powder.
The company's manufacturing unit is situated in Jaipur, Rajasthan.
The company operthrough General Trade (wholesalers and distributors), Modern Trade (supermarkets and retail chains), and Quick Commerce Platforms (apps), ensuring easy access to productsail chains), and Quick Commerce Platforms (apps), providing easy product accessibility. They also engage in Private Labelling, HoReCa (Hotel, Restaurant, Catering) sales, and Export Sales.
As of 30 November 2025, they had 394 employees, including Accounts & Finance, Compliance, Maintenance, Marketing & Logistics, Production & Operations, Quality, Top Level Management, and Permanent Labour.
Competitive Strength:
- Offering high-quality natural spices while promoting sustainable, ethical sourcing and production.
- Experienced management team and promoters with a qualified workforce.
- Established a manufacturing facility and integrated production with cost efficiencies.
- Diversified product portfolio.
- Strong and consistent financial performance.
Key Performance Indicator
KPI as of Mon, Mar 31, 2025.
| KPI | Values |
|---|---|
| ROE | 41.06% |
| ROCE | 39.00% |
| Debt/Equity | 2.00 |
| RoNW | 34.07% |
| P/BV | 4.41 |
| PAT Margin (%) | 6.45% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 5.41 | 4.12 |
| P/E (x) | 12.95 | 16.97 |
Note:
- The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
- The Pre IPO EPS is calculated based on Pre-Issue shareholding as on the date of RHP and the latest FY earnings as of March 31, 2025, which is available in RHP.
- The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of September 30, 2025, which is available in RHP.
Objects of the Issue (Shyam Dhani Industries IPO Objectives)
Shyam Dhani Industries Contact Details
Shyam Dhani Industries Ltd. Address F-438-A Road No. 12, VKIA Jaipur, Rajasthan, 302013 Phone: +91 9257061811 Email: [email protected] Website: https://www.shyamspices.co.in/ |
Shyam Dhani Industries IPO Registrar
Bigshare Services Pvt.Ltd. Phone: +91-22-6263 8200 Email: [email protected] |