IPO Trending
SHYAMDHANISME / NSEListed
Shyam Dhani Industries

Shyam Dhani Industries Limited, incorporated in 1995, is an ISO-certified company engaged in the manufacturing, trading, exporting, and supply of premium spices, spice powders, whole spices, and grocery products under its brand name “SHYAM.” The company processes around 163 varieties of ground, blended, and whole spices, along with grocery items such as black salt, rock salt, rice, poha, kasuri methi, and a wide range of herbs and seasonings including oregano, peri peri, chilli flakes, mixed herbs, onion flakes, and tomato powder. Its manufacturing unit is located in Jaipur, Rajasthan, and its products are sold through general trade, modern retail chains, quick commerce platforms, private labeling, HoReCa, and export channels. As of November 30, 2025, the company employed 394 people across various departments including production, quality, marketing, logistics, and management.

₹65 - ₹70988.4x sub
Listed Price₹133.00
Listing Gain+90.00%

IPO Schedule & Timeline

Bookbuilding IPO
Open22 Dec 2025
Close24 Dec 2025
Allotment26 Dec 2025
Listing30 Dec 2025

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Anchor15,60,000 shares
28.37%
QIB10,44,000 shares
18.99%
HNI7,86,000 shares
14.3%
Retail18,28,000 shares
33.25%
Market Maker2,80,000 shares
5.09%

Minimum Application Lots

Retail2 Lots (4,000 shares)
₹2,80,000
sHNI3 Lots (6,000 shares)
₹4,20,000
bHNI8 Lots (16,000 shares)
₹11,20,000

Company Promoters

Mr. Ramawtar AgarwalMrs. Mamta Devi AgarwalMr. Vithal Agarwal

Company Background

Shyam Dhani Industries Limited, incorporated in 1995, is an ISO-certified company engaged in the manufacturing, trading, exporting, and supply of premium spices, spice powders, whole spices, and grocery products under its brand name “SHYAM.” The company processes around 163 varieties of ground, blended, and whole spices, along with grocery items such as blac...

Lead Managers & Bankers

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Sep-25)₹63.83 Cr
Growth-6.3%
Revenue Trend (₹ in Crores)
0.047.895.6143.5Mar-23Mar-24Mar-25Sep-25
PeriodRev (Cr)PAT (Cr)AssetsDebt
Sep-2563.834.2088.7948.18
Mar-25124.758.0482.4747.24
Mar-24107.646.3052.8424.45
Mar-2368.102.9227.5112.75

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Sep-252.8216.34%19.53%017.21
Mar-255.4141.06%39.00%13.190
Mar-244.2450.78%46.16%00
Mar-231.9737.49%39.69%00

Peer Comparison & Valuation

Financial Performance

Shyam Dhani Industries Limited

NAV/Share (₹)15.87
RONW(%)34.07
EPS (Basic) (₹)5.41

Madhusudan Masala Limited

NAV/Share (₹)63.1
RONW(%)12.77
EPS (Basic) (₹)8.49

Nhc Foods Ltd

NAV/Share (₹)1.39
RONW(%)8.09
EPS (Basic) (₹)0.31

Valuation

Shyam Dhani Industries Limited

P/E(X)12.95
CMP* (₹)0
Face value (₹)10.00

Madhusudan Masala Limited

P/E(X)13.56
CMP* (₹)0
Face value (₹)10.00

Nhc Foods Ltd

P/E(X)3.06
CMP* (₹)0
Face value (₹)1.00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Bigshare Services Private Limited

Allotment Finalized
Allotment Date
26 Dec 2025
Official Status
Out / Finalized
Registrar
Bigshare Services Private Limited
Listing Date
30 Dec 2025

Official Allotment Verification Links

Official Registrar Portal
Bigshare Services Private Limited

Direct allotment verification on the official registrar portal appointed for Shyam Dhani Industries. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization26 Dec 2025Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date30 Dec 2025Trading commences on exchange

How to Check Shyam Dhani Industries Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Shyam Dhani Industries from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

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Prospectus & Official Filings

Allotment FAQs & Help

About Shyam Dhani Industries IPO

Complete issue overview for Shyam Dhani Industries (SHYAMDHANI) IPO. The issue features an equity share price band of ₹65 – ₹70 per share with a minimum retail lot size of 2000 Shares (minimum application amount of ₹1,40,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions