Shyam Dhani Industries IPO allotment finalised: Check status online on Bigshare Services, NSE; listing date, time here

Shyam Dhani Industries IPO allotment: The basis of allotment of spices maker Shyam Dhani Industries Ltd was finalised on Friday, December 26. The bid finalisation details are available on the websites of the NSE and the registrar, Bigshare Services.

The initial share sale sought to raise ₹38.49 crore via entirely a fresh issuance of 54,98,000 shares. There was no offer for sale (OFS) component. The IPO had a price band of ₹65 to ₹70 per share, and the minimum investment for an individual investor was two lots, or 4,000 shares.

The company will utilise fresh issue proceeds for working capital needs, brand creation and marketing expenses, debt repayment, purchase of additional machinery, installation of a solar rooftop plant and general corporate purposes.

Ramawtar Agarwal, Chairman and Managing Director of Shyam Dhani Industries Ltd, said, "The proceeds will be utilised to enhance working capital, strengthen brand visibility, upgrade machinery at our existing manufacturing unit, and invest in a solar rooftop system. These initiatives will improve operational efficiency, expand capacity, and support sustainable value creation as we scale our presence across India and international markets."

Shyam Dhani Industries, an ISO-certified company, is a manufacturer, exporter, wholesaler and supplier of over 160 spices under the brand name 'SHYAM'.

Shyam Dhani Industries IPO allotment date and time

Shyam Dhani Industries IPO allotment was finalised on Friday, December 26.

Shyam Dhani Industries IPO allotment status online on NSE; check steps

• Visit NSE's IPO allotment page: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
• Pick ‘Equity & SME IPO bid details’
• From the 'Select Symbol' list, choose ‘SHYAMDHANI’
• Fill in your application number and PAN (Permanent Account Number) details
• Press the 'Submit' button

How to check Shyam Dhani Industries IPO allotment status online on Bigshare Services

• Open the registrar's link in your browser: www.bigshareonline.com/ipo_Allotment.html
• From three servers available, select one
• Select 'Shyam Dhani Industries Ltd' from the IPOs names
• Identify yourself using application number, beneficiary ID or PAN
• Hit the ‘Search’ button

Shyam Dhani Industries IPO listing date and time

Shares of Shyam Dhani Industries will debut on the NSE SME platform Emerge on Tuesday, December 30, at 10 am.

Shyam Dhani Industries IPO GMP

According to investorgain.com and media reports, Shyam Dhani Industries' unlisted shares are trading at ₹140, reflecting a grey market premium of 100% or ₹70 over the upper price band of ₹70.