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HomeIPOShyam Dhani Industries

About Shyam Dhani Industries

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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Live IPOs

National Stock Exchange of India logo

National Stock Exchange of India

Mainboard
Open  Close17th Sep 2026 - 21st Sep 2026
Issue Size22561.57 Cr
Min. Qty8 Shares
Issue Price₹ 1700.00
Live IPO
Antala Industries logo

Antala Industries

SME
Open  Close29th Oct 2026 - 5th Nov 2026
Issue Size22.98 Cr
Min. Qty2000 Shares
Issue Price₹ 62.00
Live IPO
Companies NameOpen - CloseIssue SizeMin. QtyIssue PriceApply
National Stock Exchange of India logo

National Stock Exchange of India

Mainboard
17th Sep 2026 - 21st Sep 202622561.57 Cr8 Shares₹ 1700.00
Antala Industries logo

Antala Industries

SME
29th Oct 2026 - 5th Nov 202622.98 Cr2000 Shares₹ 62.00
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Shyam Dhani Industries

Shyam Dhani Industries

Open Date

22 Dec 2025

Close Date

24 Dec 2025

listed

Min Investment

₹280000

Lot Size

4000 Shares

Issue Size

₹38.49 Cr

Price Range

₹65 - ₹70

Listing Date

Dec 30, 2025

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RHP PDF

Revenue Growth

Company Valuation

Earning Expansion

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily.

₹62.5(+88.57%)GMP
89.29%Prediction Listing Gain

Grey Market Premium (GMP) Trend

Shyam Dhani Industries IPO - Issue Objectives

₹2.28 cr capex for machinery and solar rooftop plant. The company will utilise ₹10 crore towards repayment of certain outstanding borrowings The company will utilise ₹6.36 crore for branding and marketing expenses. The company will utilise ₹13.26 crore to fund the incremental working capital requirements. Part of the IPO proceeds will be used for general corporate purposes and issue expenses

Capital expenditure

5.92%

Repayment of borrowings

25.98%

Marketing expenses

16.52%

Working capital

34.45%

General corporate purpose

17.13%

1

Capital expenditure

₹2.28 cr capex for machinery and solar rooftop plant.

5.92%
2

Repayment of borrowings

The company will utilise ₹10 crore towards repayment of certain outstanding borrowings

25.98%
3

Marketing expenses

The company will utilise ₹6.36 crore for branding and marketing expenses.

16.52%
4

Working capital

The company will utilise ₹13.26 crore to fund the incremental working capital requirements.

34.45%
5

General corporate purpose

Part of the IPO proceeds will be used for general corporate purposes and issue expenses

17.13%

IPO Subscription Status

QIB
256.24x
NII
1,613.01x
Total
988.37x

Times subscribed by category (bars capped at 10x for readability). Dashed line marks 1.0x (fully subscribed).

Financials of Shyam Dhani Industries

In Cr.

Key Performance Indicator30-Sep-25 (In Cr.)31-Mar-25 (In Cr.)31-Mar-24 (In Cr.)31-Mar-23 (In Cr.)
Revenue63.83124.75107.6468.10
EBITDA8.6614.5210.885.97
Expenses
Profit After Tax4.208.046.302.92
Assets88.7982.4752.8427.51
Net Worth27.8123.6115.569.26
Reserves12.938.7314.428.12
Borrowing48.1847.2424.4512.75

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

N/A

Contact Details

Shyam Dhani Industries

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

+919257061811
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

Shyam Dhani Industries IPO - FAQs

Shyam Dhani Industries IPO is a SME IPO. The issue is priced at ₹65-70 per equity share. The minimum order quantity is 4000 Shares. The IPO opens on 22 Dec, and closes on 24 Dec. Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on SME.









IPO Timeline

  • Pre Apply2025-12-19
  • Bidding Starts2025-12-22
  • Bidding Ends2025-12-24
  • Allotment Finalisation2025-12-26
  • Release of Funds2025-12-29
  • Demat Transfer2025-12-29
  • Listing2025-12-30