Shyam Dhani Industries IPO will open on December 22, 2025, and close on December 24, 2025. It is a Book Build Issue through which the company aims to raise approximately ₹38.49 crores. This includes a fresh issue of ₹38.49 crores along with an offer for sale of up to [.] equity shares, each having a face value of ₹10.
The IPO price band is set between ₹65 and ₹70 per share. The quota distribution includes 35% for retail investors, 50% for QIBs, and 15% for HNIs. Shyam Dhani Industries is scheduled to list on the NSE on December 30, 2025, while the IPO allotment date is December 26, 2025.
Financially, the company reported revenue of ₹124.75 crores in 2025 compared to ₹107.64 crores in 2024. Its profit rose to ₹8.04 crores in 2025 from ₹6.30 crores in the previous year. Based on these financials, investors may consider applying for the IPO with a long-term perspective.
Shyam Dhani IPO Details
IPO Open Date
December 22, 2025
IPO Close Date
December 24, 2025
Face Value
₹10 Per Equity Share
IPO Price Band
₹65 to ₹70 Per Share
Issue Size
Approx ₹38.49 Crores
Fresh Issue
Approx ₹38.49 Crores
Issue Type
Book Build Issue
IPO Listing
NSE SME
DRHP Draft Prospectus
RHP Draft Prospectus
Shyam Dhani Industries IPO Market Lot
The minimum market lot for the Shyam Dhani Industries IPO is 4,000 shares, requiring an application amount of ₹2,80,000.
Application
Lot Size
Shares
Amount
Retail Minimum
2
4,000
₹2,80,000
Retail Maximum
2
4,000
₹2,80,000
S-HNI Minimum
3
6,000
₹4,20,000
S-HNI Maximum
7
14,000
₹9,80,000
B-HNI Minimum
8
16,000
₹11,20,000
IPO Reservation
Investor Category
Share Offered
-% Shares
Anchor Investor
15,60,000 Shares
28.37%
QIB (Ex. Anchor)
10,44,000 Shares
18.99%
NII Shares Offered
7,86,000 Shares
14.30%
Retail Shares Offered
18,28,000 Shares
33.25%
Shyam Dhani Industries IPO Anchor Investors
Anchor Bidding Date
December 19, 2025
Anchor Investors List
Shares Offered
15,60,000 Shares
Anchor Size
10.92 Cr.
lock-in period end date 50% shares (30 Days)
January 25, 2026
lock-in period end date 50% shares (90 Days)
March 26, 2026
Shyam Dhani Industries IPO Dates
The Shyam Dhani Industries IPO will open on December 22 and close on December 24. The allotment is scheduled to be finalized on December 26, and the shares will be listed on December 30.
IPO Open Date:
December 22, 2025
IPO Close Date:
December 24, 2025
Basis of Allotment:
December 26, 2025
Refunds:
December 29, 2025
Credit to Demat Account:
December 29, 2025
IPO Listing Date:
December 30, 2025
IPO Bidding Cut-off Time:
December 24, 2025 – 5 PM
Promoters and Holding Pattern
The company’s promoters are Mr. Ramawtar Agarwal, Mrs. Mamta Devi Agarwal, and Mr. Vithal Agarwal.
Particular
Shares
% Share
Promoter Holding Pre Issue
1,48,72,000
98.11%
Promoter Holding Post Issue
2,03,70,000
-%
Objects of the Issue & Utilisation of Proceeds
Purpose
Crores
Purchase of machinery for installation at the existing manufacturing unit located at Khasra No. 06/1067 Manpura Road, Jatawali, near Delhi bypass, Tehsil – Chomu, Jaipur, Rajasthan
₹0.91
Purchase of 200 KW Solar Rooftop Grid-connected PV System
₹0.66
Part Repayment of the existing Cash Credit Facility availed by the company from scheduled commercial banks
₹7.0
Funding the incremental working capital requirements of the company
₹14.65
General Corporate Purpose
₹-
About Shyam Dhani Industries IPO
Established in 1995, Shyam Dhani Industries Limited is an ISO-certified company engaged in the manufacturing, export, and supply of high-quality spices, including both powdered and whole varieties.
The company operates a well-equipped processing and manufacturing unit located in Jatawali, Jaipur, Rajasthan. This facility features advanced machinery for efficient cleaning, drying, grading, grinding, and packaging, ensuring consistent quality and hygiene standards.
Shyam Dhani Industries Limited offers flexible packaging solutions to meet diverse market needs. Ground spices are available in pouches and HDPE bags ranging from 25 g to 25 kg, blended spices are packed in cardboard boxes and pouches from 5 g to 1 kg, and whole spices are offered in pouches and small plastic jars ranging from 50 g to 25 kg.
Financially, the company demonstrated strong performance, with revenue increasing by 16% and profit after tax (PAT) rising by 28% between the financial years ending March 31, 2024, and March 31, 2025.
Shyam Dhani Industries IPO Company Financial Report
Amount ₹ in Crores
Period Ended
Revenue
Expense
PAT
Assets
2023
₹68.10
₹63.87
₹2.92
₹27.51
2024
₹107.64
₹99.22
₹6.30
₹52.84
2025
₹124.75
₹113.98
₹8.04
₹82.47
September 2025
₹63.83
₹58.19
₹4.20
₹88.79
Shyam Dhani Industries IPO Valuation – FY2025
Check Shyam Dhani IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
