Skip to main content
  1. Shyam Dhani Industries IPO
Shyam Dhani Industries IPO
879.69xsubscribed

Shyam Dhani Industries IPO

Consumer Food
listed
₹2.60LMin. investment

Shyam Dhani Industries Limited IPO Details

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%

Shyam Dhani Industries IPO Subscription Status

Date
QIB
NII
Retail
Total
22-Dec-25
4.18 times (X)
76.78 times (X)
88.79 times (X)
44.76 times (X)
23-Dec-25
4.29X
373.3X
355.51X
182.92X
24-Dec-25
234.02X
430.03X
0.0X
879.69X

As on 22-Dec-25, 5:30 PM

Shyam Dhani Industries IPO Timeline

  1. Pre-apply
    19 Dec 2025
  2. Bid start
    22 Dec 2025
  3. Bid end
    24 Dec 2025
  4. Allotment
    26 Dec 2025
  5. Release of funds
    29 Dec 2025
  6. Demat transfer
    29 Dec 2025
  7. Listing
    30 Dec 2025

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.

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Objectives of Shyam Dhani Industries Limited IPO

Working capital
34.45%
The company will utilise ₹13.26 crore to fund the incremental working capital requirements.
Repayment of borrowings
25.98%
The company will utilise ₹10 crore towards repayment of certain outstanding borrowings
General corporate purpose
17.13%
Part of the IPO proceeds will be used for general corporate purposes and issue expenses
Marketing expenses
16.52%
The company will utilise ₹6.36 crore for branding and marketing expenses.
Capital expenditure
5.92%
₹2.28 cr capex for machinery and solar rooftop plant.

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹124.68Cr35.46%₹8.04Cr₹144.5Cr12.942.00
This sector (avg.)₹1,087.57Cr0%₹78.55Cr₹7,146.66Cr43.500.91
₹20,201.56Cr---₹3,207.59Cr₹2,56,928.6Cr78.770.29
₹20,481.33Cr---₹2,634.29Cr₹1,59,376.2Cr53.620.17
₹17,942.67Cr---₹2,177.86Cr₹1,41,160.9Cr60.930.29

*Revenue for financial year 2024-25. Lower P/E and D/E ratios are generally preferred.

Shyam Dhani Industries IPO Contact Details

Company NameShyam Dhani Industries Limited

How to apply for Shyam Dhani Industries IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Shyam Dhani Industries Limited IPO FAQs

Investors can apply for the Shyam Dhani Industries IPO through their Demat account via the stock exchange or through their broker.
The issue size of the Shyam Dhani Industries IPO is 38 Cr.
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
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.
Shyam Dhani Industries IPO will be open between 2025-12-22 and 2025-12-24.
Shyam Dhani Industries IPO allotment date is 2025-12-29. For Shyam Dhani Industries IPO allotment status check, you can visit the website of the registrar of the IPO.
For Shyam Dhani Industries IPO, the IPO registrar is Bigshare Services Private Limited. You can check Shyam Dhani Industries IPO allotment status on the website of the registrar.
The shares are proposed to be listed on the BSE and NSE.
The Shyam Dhani Industries IPO shares will typically be credited to your demat account one working day before the IPO's listing date, provided your application is successfully allotted.
The Shyam Dhani Industries IPO lot size is 2000 and minimum order quantity is 4000.
Shyam Dhani Industries IPO has set the price band for its IPO at 70 per equity share with a face value of 10.