| Price | 65 to 70 |
|---|---|
| GMP Rumors | ₹68 |
| Lot size | 4000 |
| Issue size | ₹38.49 Cr |
| Allotment | 26-12-2025 |
| Listing | 30-12-2025 |
| Suggestion | Apply |
| Allotment Status | Bigshare |
| Video |
NSE List Price : ₹133.00
| Category | Times |
|---|---|
| QIBs | 256.24x |
| HNIs | 1613.08x |
| Retail | 1137.95x |
| Total : 988.4x | |
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 4,000 | ₹280,000 |
| Retail Maximum | 2 | 4,000 | ₹280,000 |
| S-HNI Minimum | 3 | 6,000 | ₹420,000 |
| S-HNI Maximum | 7 | 14,000 | ₹980,000 |
| B-HNI Minimum | 8 | 16,000 | ₹1,120,000 |
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 whole spices and spice powders. Production and processing are carried out at its manufacturing facility located in Jatawali, Jaipur, Rajasthan, which is equipped with advanced machinery for efficient cleaning, drying, grading, grinding, and packaging.
The company offers a wide range of packaging formats to suit different product categories: ground spices are packed in pouches and HDPE bags ranging from 25 g to 25 kg; blended spices are available 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.
During the period from the financial year ended March 31, 2024, to March 31, 2025, Shyam Dhani Industries Limited recorded revenue growth of 16% and an increase of 28% in profit after tax (PAT).
| 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 |
Mr. Ramawtar Agarwal
Mrs. Mamta Devi Agarwal
Mr. Vithal Agarwal
Seasoned management leadership – The company is guided by a capable and experienced management team whose industry expertise, demand forecasting skills, and strong emphasis on production and marketing support business growth and adaptability to evolving customer preferences.
Broad and diversified product range – Deep insight into Indian taste preferences allows the company to offer an extensive assortment of ground, blended, and whole spices, along with a variety of grocery products, effectively meeting diverse consumer needs.
Semi-perishable nature of products and forecasting risk – With shelf lives ranging between 4 to 18 months, inaccuracies in demand forecasting may result in excess stock, product deterioration, and wastage, which could adversely impact operational efficiency, financial condition, and overall business performance.
Pending legal matters – The Company, along with its group company, promoters, and certain directors, is subject to ongoing legal proceedings. Any unfavorable judgment or penalty may lead to increased liabilities, reputational harm, and a negative effect on financial results and operations.
Purchase of machineries for installation at existing manufacturing unit located at Khasra No. 06/1067 Manpura Road, Jatawali, near Delhi bypass, Tehsil – Chomu, Jaipur, Rajasthan.
Purchase of 200 KW Solar Rooftop Grid-connected PV System.
Part Repayment of existing Cash Credit Facility availed by the company from scheduled commercial banks.
Funding the incremental working capital requirements of the company.
Shyam Dhani Industries Ltd.
Office No. 901, 902, 903, 904 & 908,
Abhishree Adroit, Nr. Swaminarayan Temple
Vastrapur
Ahmedabad, Gujarat, 380015
F-438-A, Road No. 12, VKIA,
Jaipur, Rajasthan 302013, India.
Email: info@shyamspices.co.in
Phone: +91 9257061811
Website: www.shyamspices.co.in
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
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