Shyam Dhani’s shares made a striking debut, trading at a 90% premium over the IPO price on their first day of listing.
IPO Overview
The company offered a public issue worth ₹38.49 crore, pricing each share between ₹65 and ₹70. The IPO opened on December 22 and closed on December 24.
Subscription Strength
The issue was massively oversubscribed, with an overall subscription of 988.29 times. Non‑institutional investors showed the most interest, applying 1,612.65 times, while retail investors bid 1,137.92 times and qualified institutional buyers subscribed 256.24 times.
Listing Performance
When trading began on the NSE SME platform, the stock opened at ₹133, a 90% jump from the IPO price of ₹70. It quickly rose to ₹136, adding another 1%.
Use of Funds
- Working capital needs
- Repayment of existing loans
- Brand building and marketing
- Buying new machinery to expand capacity
- Setting up a solar rooftop plant at the current facility
Company Snapshot
Founded in 1995, Shyam Dhani Industries manufactures, processes, and trades more than 160 varieties of spices and grocery products under the “Shyam” brand. Its distribution network covers general trade, modern retail, quick‑commerce platforms, HoReCa, and exports. The manufacturing unit is in Jaipur, Rajasthan, employing about 394 people.
Financial Highlights (FY25)
- Profit after tax margin: 6.45%
- EBITDA margin: 11.65%
- Return on equity: 41.06%
Remember, this is for educational purposes only. Do your own research or consult a financial advisor before making any investment decisions.