Shyam Dhani Industries Ltd IPO

Shyam Dhani Industries Ltd IPO

The Company is engaged in the manufacturing and processing of 164 type varieties of spices such as Ground Spices, Blend Spices and Whole Spices under the brand name SHYAM. In addition to its spice offerings, the company is also engaged in trading and distribution of Grocery Products such as Black Salt, Rock Salt, Rice, Poha, Kasuri Methi (Dried Fenugreek) etc. and a diverse range of Herbs and seasonings which includes Organo, Peri Peri, Chilli Flakes, Mixed Herbs, Onion Flakes, Tomato Powder etc.

Shyam Dhani Industries Ltd IPO Details

Total Shares Offered

₹ 54,98,000

Offer to Public

TBA

Retail Max (Shares)

₹ 18,28,000

Pre Issue Promoters Holding

₹ 1,48,72,000

Exchange

NSE

Issue size

₹ 38.49 Cr

IPO Open Date

Dec 22, 2025

Close Date

Dec 24, 2025

Lot Size

4000

Min Investment

₹ 2,60,000

Issue Type

Book Building - SME

Listing Date

Dec 30, 2025

Shyam Dhani Industries Ltd IPO Dates

check-icon
Dec 22, 2025
Opening date
check-icon
Dec 24, 2025
Closing date
check-icon
Dec 26, 2025
Basis of Allotment
check-icon
Dec 29, 2025
Initiation of Refunds
check-icon
Dec 29, 2025
Credit of Shares
check-icon
Dec 30, 2025
Listing date

Details

SectorType
SectorFood - Processing - Indian
Sub SectorNA
Issue TypeBook Building - SME

Subscription Status

*Values are in Lakhs

Investor Type

QIB

NII

Retail

Employee

Total

Shyam Dhani Industries Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)
Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations11.919.164.88
EBITDA13.049.905.52
PAT8.046.302.92
Total Assets54.0138.2016.54
Share Capital14.871.141.14
Total Borrowings48.8120.2411.78
Operating Activities (Net Cash)9.177.043.56
Investing Activities (Net Cash)0.00-2.05-2.29
Financing Activities (Net Cash)48.8120.2411.78
Net Cashflow0.350.220.07

About Shyam Dhani Industries Ltd

The Company was originally incorporated as a Private Limited Company in the name of Shyam Dhani Industries Private Limited under the provisions of the Companies Act, 1956 vide Certificate of Incorporation dated October 19, 2010, issued by the RoC, Rajasthan, bearing Corporate Identification Number U15499RJ2010PTC033117. Subsequently, the company was converted into Public Limited Company vide shareholders resolution passed at the Extra-Ordinary General Meeting held on August 20, 2024, and name of company was changed to Shyam Dhani Industries Limited pursuant to issuance of Fresh Certification of Incorporation dated October 08, 2024, by Central Processing Centre bearing Corporate Identification Number U15499RJ2010PLC033117.

Total revenue of FMCG market is expected to grow at a CAGR of 27.9% through 2021-27, reaching nearly US$ 615.87 billion. In 2022, urban segment contributed 65% whereas rural India contributed more than 35% to the overall annual FMCG sales. Good harvest, government spending expected to aid rural demand recovery in FY24. The sector had grown 8.5% in revenues and 2.5% in volumes last fiscal year. In the January-June period of 2022, the sector witnessed value growth of about 8.4% on account of price hikes due to inflationary pressures. In third quarter of FY23, the FMCG sector clocked a value growth of 9.0% YoY lower than the 9.2% YoY value growth seen in third quarter of FY22.

The Company is engaged in the manufacturing and processing of 164 type varieties of spices such as Ground Spices, Blend Spices and Whole Spices under the brand name SHYAM. In addition to its spice offerings, the company is also engaged in trading and distribution of Grocery Products such as Black Salt, Rock Salt, Rice, Poha, Kasuri Methi (Dried Fenugreek) etc. and a diverse range of Herbs and seasonings which includes Organo, Peri Peri, Chilli Flakes, Mixed Herbs, Onion Flakes, Tomato Powder etc.

Peer Comparison:

  • Madhusudan Masala Ltd
  • NHC Foods Ltd

Shyam Dhani Industries Ltd Key Points

Strengths

Integrated Pest Management (IPM).

Experienced management team and promoters with qualified workforce.

Established manufacturing facility and integrated production with cost efficiencies.

Diversified product portfolio.

Strong and consistent financial performance.

Risk

The company dependent upon a limited number of suppliers 42.11%, 40.86%, 58.66% and 68.70% of its Total Purchases are derived from the company top 10 suppliers for the period ended on September 30, 2025 and for the Fiscal Years ended on March 31, 2025, 2024 and 2023. Further the company 5.96%, 13.20%, 27.88% and 22.28% of its total purchases for the period ended on September 30, 2025 and for the Fiscal Years ended on March 31, 2025, 2024 and 2023 are procured from its group company and members of the company Promoter Group. the company does not has long-term contracts with any of the company suppliers. Any disruption in the supply of raw materials or any failure of its suppliers to deliver these products in the necessary quantities or to adhere to delivery schedules, credit terms or specified quality standards and technical specifications may adversely affect the company business and its ability to deliver orders on time at the desired level of quality.

Its may faces shortage of Raw Materials because of the seasonal nature of the company purchase.

The company products are semi-perishable in nature and the shelf life of its products ranges from 4-18 months. Inaccurate demand forecasting for the company semi-perishable product can result in excess inventory and waste which, in turn, could has an adverse effect on the company business, financial condition, results of operations and cash flows.

Strategy

Continued focus on diversified business model.

Increase in advertisement and marketing activities.

Investment in improving product quality.

Expanding International Business.

How To Apply for Shyam Dhani Industries Ltd IPO Online?

Step 1:

Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Shyam Dhani Industries Ltd IPO?

close
Shyam Dhani Industries Ltd's IPO offers shares for up to 38.49 It begins on Dec 22, 2025 and ends on Dec 24, 2025.

What is the price of the Shyam Dhani Industries Ltd IPO?

close
The price of Shyam Dhani Industries Ltd IPO ranges between ₹65 to ₹70 per share.

What are the open and close dates for the Shyam Dhani Industries Ltd IPO?

close
The Shyam Dhani Industries Ltd IPO opens on Dec 22, 2025 and closes on Dec 24, 2025.

When will the Shyam Dhani Industries Ltd IPO be allotted?

close
The allotment for the Shyam Dhani Industries Ltd IPO will be finalised on Dec 26, 2025. The shares will be listed on BSE and NSE on Dec 30, 2025.

What is the minimum lot size required for Shyam Dhani Industries Ltd IPO?

close
The minimum lot size for Shyam Dhani Industries Ltd IPO is 4000 shares, priced between ₹65 to ₹70 per share.

What is the GMP of Shyam Dhani Industries Ltd IPO?

close
The GMP (Grey Market Premium) of Shyam Dhani Industries Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Shyam Dhani Industries Ltd IPO?

close
To check the allotment status of Shyam Dhani Industries Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Shyam Dhani Industries Ltd IPO getting listed?

close
The Shyam Dhani Industries Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Dec 22, 2025, and closes on Dec 24, 2025. The allotment is finalised on Dec 26, 2025.

How do you apply for the Shyam Dhani Industries Ltd IPO?

close
To apply for the Shyam Dhani Industries Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.

Join the Future of Trading

with BlinkX

#ItsATraderThing

Open Trading Account
Verify your phone
+91
*By signing up you agree to our terms & conditions