Search or Ask Iris
Ctrl+K
Welcome to Multibagg AI
Log in to access personalized features
Welcome to Multibagg AI
Log in to access personalized features
Home
Dashboard
Ask Iris
Discovery
Timeline
Multibagg AI is an AI powered stock research and analysis platform. We provide data, information, content, and analytics for publicly traded Indian companies listed on NSE and BSE. AI can make mistakes, check important information.
Prices might be delayed by a few minutes.
Join our Exclusive Community
Join our Exclusive Community
Made with 💙 in India. © Finsky Technologies Pvt Ltd. 2026
Shyam Dhani Industries Limited is engaged in manufacturing and processing a wide variety of spices, including ground, blend, and whole spices, under its brand name 'SHYAM'. The company also trades and distributes grocery products like various salts and rice, as well as a diverse range of herbs and seasonings. Shyam Dhani Industries operates through multiple sales channels, including Business to Business (B2B) via general trade, modern trade with large retail chains, and quick commerce platforms. It also engages in private labelling, supplies to the HoReCa sector, and conducts export sales. The company has a direct-to-consumer (D2C) presence through its website. Raw materials are sourced directly from mandis across India and processed at its manufacturing facility in Jaipur, Rajasthan.
Dec 22, 2025
Dec 24, 2025
Dec 30, 2025
SME
Closed
31.9 Cr
38.49 Cr
0 Cr
₹65 - ₹70
2000
The main objectives of the issue are to utilize the net proceeds towards funding the following objects:
Funding the incremental working capital requirements of the company to support its growing business operations and expanded production.
Repayment or pre-payment, either in full or in part, of certain outstanding borrowings availed by the company to reduce debt and improve the debt-equity ratio.
Allocating funds towards brand creation and marketing expenses, including the appointment of a brand ambassador, to enhance brand visibility and market presence.
Financing capital expenditure for the purchase of new additional machinery to be installed at the existing manufacturing unit to improve product quality and packing capacity.
Funding the purchase and installation of a Solar Rooftop Plant at the existing manufacturing unit to promote sustainable energy use and reduce power costs.
Utilizing the remaining proceeds for general corporate purposes, which may include strategic initiatives, meeting operational expenses, and other business needs not specifically identified.
12.95
5.41
41.06%
39%
34.07%
—
6.45%
11.65%
4.41
Diversified product portfolio with 164 varieties of spices, grocery items, and seasonings catering to a wide range of consumer preferences.
Led by an experienced management team and promoters with extensive expertise in the spice industry.
Operates an established and integrated manufacturing facility, enabling end-to-end production control and cost efficiencies.
Maintains strong and long-standing relationships with a wide network of customers and dealers, ensuring a stable market presence.
High employee attrition rate, particularly among local factory workers, which may impact operational consistency.
Significant dependence on a limited number of top customers and suppliers for a large portion of revenue and raw materials.
Involvement in multiple trademark opposition cases and litigation, which could result in legal costs and potential restrictions on brand usage.
Reliance on third-party transportation and logistics facilities, making the company vulnerable to disruptions, delays, and increased costs.
Expansion into international markets, particularly the USA, supported by the recent U.S. FDA registration.
Increasing penetration in the fast-growing modern trade and quick commerce channels by strengthening partnerships with major retail chains and online platforms.
Enhancing brand recognition and market share through strategic advertising campaigns and the appointment of a celebrity brand ambassador.
Leveraging the growing demand in the Indian FMCG and spices market, which is expected to witness significant growth.
Intense competition from both organized and unorganized players in a fragmented market with low entry barriers.
Vulnerability to adverse changes in global economic conditions, including inflation, interest rate fluctuations, and geopolitical tensions.
Potential changes in food safety regulations and other statutory laws that could impact manufacturing processes and increase compliance costs.
Dependence on agricultural commodities, making the business susceptible to price volatility and supply disruptions due to climatic conditions and other factors.
Shyam Dhani Industries Limited is engaged in manufacturing and processing a wide variety of spices, including ground, blend, and whole spices, under its brand name 'SHYAM'. The company also trades and distributes grocery products like various salts and rice, as well as a diverse range of herbs and seasonings. Shyam Dhani Industries operates through multiple sales channels, including Business to Business (B2B) via general trade, modern trade with large retail chains, and quick commerce platforms. It also engages in private labelling, supplies to the HoReCa sector, and conducts export sales. The company has a direct-to-consumer (D2C) presence through its website. Raw materials are sourced directly from mandis across India and processed at its manufacturing facility in Jaipur, Rajasthan.
The Shyam Dhani Industries Ltd. IPO is scheduled to open for subscription on Dec 22, 2025 and close on Dec 24, 2025. Investors can apply for shares during this period through eligible platforms.
The price band for the Shyam Dhani Industries Ltd. IPO is ₹65 to ₹70. Investors can place bids within this range once the issue opens.
The minimum lot size for the Shyam Dhani Industries Ltd. IPO is 2000 shares. The minimum investment amount ₹1,40,000.
The total issue size of the Shyam Dhani Industries Ltd. IPO is approximately ₹31.90. Issue size represents the total value of shares offered to the public.
As per the latest available information, the Shyam Dhani Industries Ltd. IPO has been subscribed 1.1 times. Subscription levels can change significantly during the offer period.
The Grey Market Premium (GMP) for the Shyam Dhani Industries Ltd. IPO is not available as of now. GMP reflects unofficial market sentiment and should not be considered a guarantee of listing performance.
The shares of Shyam Dhani Industries Ltd. are expected to list on stock exchanges on Dec 30, 2025, subject to completion of the allotment process and regulatory approvals.
The net proceeds from the Shyam Dhani Industries Ltd. IPO are proposed to be used for The main objectives of the issue are to utilize the net proceeds towards funding the following objects:, Funding the incremental working capital requirements of the company to support its growing business operations and expanded production., Repayment or pre-payment, either in full or in part, of certain outstanding borrowings availed by the company to reduce debt and improve the debt-equity ratio., Allocating funds towards brand creation and marketing expenses, including the appointment of a brand ambassador, to enhance brand visibility and market presence., Financing capital expenditure for the purchase of new additional machinery to be installed at the existing manufacturing unit to improve product quality and packing capacity., Funding the purchase and installation of a Solar Rooftop Plant at the existing manufacturing unit to promote sustainable energy use and reduce power costs., Utilizing the remaining proceeds for general corporate purposes, which may include strategic initiatives, meeting operational expenses, and other business needs not specifically identified.
Before applying for the Shyam Dhani Industries Ltd. IPO, investors generally review the company’s business model, financial performance, valuation, industry outlook, and risk factors mentioned in the offer document.
