879.69x
subscribed
Shyam Dhani Industries IPO
Consumer Food
listed
879.69x
subscribed
₹2.60LMin. investment
Shyam Dhani Industries Limited IPO Details
Issue size
₹38Cr
IPO type
SME
Market Cap
₹144.5CrLower than sector avg
Price range
₹65.00 – ₹70.00
Listing ExchangeNSE
RevenueApr 2024 - Mar 2025
₹124.68CrLower than sector avg
Lot size
2000 shares
Draft Red Herring Prospectus
Read
Growth rate3Y CAGR
35.46%
SectorConsumer Food
Price range₹65.00 – ₹70.00
IPO type
SME
Lot size2000 shares
Issue size₹38Cr
Draft Red Herring Prospectus
Read
Market Cap
₹144.5CrLower than sector avg
RevenueApr 2024 - Mar 2025
₹124.68CrLower than sector avg
Growth rate3Y CAGR
35.46%
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Companies in this sectorObjectives
Working capital
34.45%
Repayment of borrowings
25.98%
General corporate purpose
17.13%
Marketing expenses
16.52%
Capital expenditure
5.92%
About Shyam Dhani Industries Limited
Shyam Dhani Industries is engaged in the manufacturing and processing of 164 varieties of ground, blended, and whole spices under its “SHYAM” brand, along with trading and distribution of grocery items such as salts, rice products, herbs, and seasonings. The company operates a manufacturing unit in Jaipur and is supported by multi-sales distribution across B2B and B2C markets. It provides services to clients in the B2B market through general and modern trade channels, quick commerce, hotels, restaurants, and catering (HoReCa), private label, and exports. It also keeps up a direct-to-consumer (D2C) presence via its website, offering clients a smooth online buying experience. Ground spices accounted for 60.73% of the company's revenue as of September 2025, followed by whole spices at 17.37%, grocery products at 14.15%, and blend spices at 7.75%.
Geographically, the company is still predominantly focused on Rajasthan but is slowly turning multi-state and export-oriented. Rajasthan derived 64.07% of revenues, followed by Punjab at 17.92%, while exports derived 2.24%, led completely by the UAE market. Across sales channels, modern trade accounted for 48.66%, followed closely by general trade at 47.05%, while quick commerce contributed 1.43%, while HoReCa, private label, and website sales were negligible.
Shyam Dhani Industries IPO Subscription Status
Latest News on Shyam Dhani Industries IPO

Shyam Dhani Industries IPO: The ₹38.49 crore NSE SME initial share sale is a fresh issuance of 54,98,000 shares without an offer for sale (OFS) component. It has set a price band at ₹65 to ₹70 per share.
3 min read

Shyam Dhani Industries IPO: The ₹38.49 crore initial share sale is only a fresh issuance of 54,98,000 shares without an offer for sale component. With a price band of ₹65 to ₹70 per share, the minimum investment for an individual investor is 4,000 shares.
3 min read

Shyam Dhani Industries IPO allotment: The initial share sale aimed to raise ₹38.49 crore through an entirely fresh issuance of 54,98,000 shares. There was no offer for sale (OFS) component.
3 min read
Frequently asked questions
How to invest in the Shyam Dhani Industries IPO ?
Investors can apply for the Shyam Dhani Industries IPO through their Demat account via the stock exchange or through their broker.
What is the issue size of Shyam Dhani Industries IPO ?
The issue size of the Shyam Dhani Industries IPO is 38 Cr.
What is 'pre-apply' for Shyam Dhani Industries IPO ?
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
Which exchanges will Shyam Dhani Industries IPO shares list on?
The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.