Minimum Investment
About Company
Company Name: Shyam Dhani Industries Limited
Industry / Sector: FMCG / Spices & Food Processing
Founded Year: 1995
Promoters: Ramawtar Agarwal
Shyam Dhani Industries Limited is engaged in the manufacturing, processing, and distribution of spices, herbs, and grocery products under the brand 'Shyam'. The company processes over 160 varieties of spices and supplies products across domestic and export markets through B2B, retail, and online channels.
IPO Basic Details
| Company Name | Shyam Dhani Industries Limited |
| IPO Type | SME IPO |
| Price Band | ₹65 – ₹70 |
| Lot Size | 2000 |
| Total Issue Size | ₹38.49 Cr |
IPO Strengths & Risks
Strengths
- Wide portfolio of 160+ spice products
- Strong distribution across multiple channels
- Established brand presence in FMCG segment
- Integrated processing and packaging capabilities
Risks
- Raw material price volatility (agri commodities)
- High competition in FMCG sector
- Dependence on supply chain and mandis
- SME liquidity risk post listing
IPO Important Dates
| IPO Open Date | 22 Dec 2025 |
| IPO Close Date | 24 Dec 2025 |
| Basis of Allotment | 26 Dec 2025 |
| Refund Initiation | 29 Dec 2025 |
| Demat Credit Date | 29 Dec 2025 |
| Listing Date | 30 Dec 2025 |
| Anchor Investor Date | - |
| UPI Mandate Deadline | 24 Dec 2025 |
IPO Objectives
- Capital expenditure for machinery and equipment – -
- Funding working capital requirements – ₹13.26 Cr
- Debt repayment – ₹10 Cr
- General corporate purposes – Remaining proceeds
Investor Reservation
| QIB Quota | N/A |
| Retail Quota | 35% |
| HNI Quota | 65% |
| Employee Quota | - |
| Shareholder Quota | - |
| Anchor Investor Allocation | - |
Market Lot Details
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 lots | 4000 | ₹2,80,000 |
| Retail Maximum | 2 lots | 4000 | ₹2,80,000 |
| S-HNI Minimum | 3 lots | 6000 | ₹4,20,000 |
| S-HNI Maximum | - | - | - |
| B-HNI Minimum | 7 lots | 14000 | ₹9,80,000 |
Key Performance Indicators (KPI)
| ROE | 41% |
| ROCE | N/A |
| RoNW | 41% |
| PAT Margin | 6.4% |
| EBITDA Margin | 11.7% |
| EPS | ₹5.6 |
| NAV per share | ₹17 |
| Debt to Equity | Moderate |
| P/E Ratio | 12.5x |
| Industry P/E | 30x |
Company Financial Data
| Period | Assets | Total Income | PAT | EBITDA | Net Worth | Borrowings |
|---|---|---|---|---|---|---|
| 31 Mar 2024 | ₹90 Cr | ₹107 Cr | ₹6.3 Cr | ₹12 Cr | ₹25 Cr | ₹20 Cr |
| 31 Mar 2025 | ₹110 Cr | ₹124.68 Cr | ₹8.04 Cr | ₹14.5 Cr | ₹30 Cr | ₹25 Cr |
Grey Market Premium
| GMP Price | ₹35 – ₹70 |
| Kostak Rate | N/A |
| Subject to Sauda | N/A |
| Last Updated | Dec 2025 |
| Estimated Listing Price | ₹105 – ₹140 |
IPO Subscription Data
| Total Subscription | 918x |
| QIB (Ex Anchor) | N/A |
| HNI Subscription | Very High |
| Retail Subscription | Very High |
| Anchor | - |
IPO Intermediaries
Registrar: Bigshare Services Pvt Ltd
Registrar Website: https://www.bigshareonline.com
IPO Lead Manager(s)
Company Information
Address: Jaipur, Rajasthan, India
Website: https://www.shyamspices.co.in/
Email: info@shyamspices.co.in
Phone: +91 9257061811
IPO Documents
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