| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹38.49 Cr |
| Reserved for Market Maker | ₹1.96 Cr |
| Net Issue Size | ₹38.49 Cr |
| Fresh Issue | ₹36.53 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน65.00-70.00 per share |
| NSE Code | SHYAMDHANI |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers | Holani Consultants Pvt.Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 4,000 shares ยท Multiples of 2,000 shares
Incorporated in 1995, Shyam Dhani Industries Limited is an ISO-certified company and manufacturer, exporter, wholesaler, and supplier of Premium Spices, Spices Powder, Whole Spices, etc.
They trade and distribute Grocery Products like Black Salt, Rock Salt, Rice, Poha, Kasuri Methi, and a variety of Herbs and seasonings, including Organo, Peri Peri, Chilli Flakes, Mixed Herbs, Onion Flakes, and Tomato Powder.
The company processes 163 varieties of spices, including Ground, Blend, and Whole Spices under the brand name “SHYAM".
The company trades and distributes grocery products like black salt, rock salt, rice, poha, kasuri methi, and a range of herbs and seasonings, including oregano, peri peri, chilli flakes, mixed herbs, onion flakes, and tomato powder.
The company's manufacturing unit is situated in Jaipur, Rajasthan.
The company operthrough General Trade (wholesalers and distributors), Modern Trade (supermarkets and retail chains), and Quick Commerce Platforms (apps), ensuring easy access to productsail chains), and Quick Commerce Platforms (apps), providing easy product accessibility. They also engage in Private Labelling, HoReCa (Hotel, Restaurant, Catering) sales, and Export Sales.
As of 30 November 2025, they had 394 employees, including Accounts & Finance, Compliance, Maintenance, Marketing & Logistics, Production & Operations, Quality, Top Level Management, and Permanent Labour.
Competitive Strength:
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Funding the incremental working capital requirements of our company | 13.26 |
| 2 | Repayment/Pre-payment, in full or in part, of certain outstanding borrowings availed by our company. | 10.00 |
| 3 | Brand Creation and Marketing Expenses | 6.36 |
| 4 | Capital Expenditure towards the purchase of new additional machineries to be installed at the existing manufacturing unit | 1.63 |
| 5 | Purchase and installation of Solar Rooftop Plant at the existing manufacturing unit | 0.65 |
| 6 | General Corporate Purposes | 2.57 |
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 88.79 | 82.47 | 52.84 | 27.51 |
| Total Income | 63.83 | 124.75 | 107.64 | 68.10 |
| Profit After Tax | 4.20 | 8.04 | 6.30 | 2.92 |
| EBITDA | 8.66 | 14.52 | 10.88 | 5.97 |
| NET Worth | 27.81 | 23.61 | 15.56 | 9.26 |
| Reserves and Surplus | 12.93 | 8.73 | 14.42 | 8.12 |
| Total Borrowing | 48.18 | 47.24 | 24.45 | 12.75 |
| Amount in ₹ Crore | ||||
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 41.06% |
| ROCE | 39.00% |
| Debt / Equity | 2.00% |
| RoNW | 34.07% |
| PAT Margin | 6.45% |
| EBITDA Margin | 11.65% |
| Price to Book Value | 4.41 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 5.31 | 4.07 |
| P/E (x) | 13.19 | 17.21 |
| Promoter Holding | 98.11% | 72% |
| Market Cap | โน144.59 Cr. | |