The initial public offering (IPO) from Rajasthan-based Shyam Dhani Industries Limited has captured significant investor attention, resulting in a massive oversubscription. The SME IPO was subscribed 988.29 times during its bidding period from December 22 to December 24, 2025. Investors who participated in the offering are now awaiting the finalization of the share allotment, which is scheduled for Friday, December 26, 2025. The strong demand is also reflected in the grey market, suggesting the potential for a robust listing on the exchange.
The investor response to the Shyam Dhani Industries IPO was exceptionally strong across all categories. The issue received bids for shares worth thousands of crores against its issue size of ₹38.49 crores. The overwhelming demand highlights the high level of investor confidence in the company's business model and future growth prospects. The retail portion saw the highest interest, indicating widespread participation from individual investors.
Here is a breakdown of the subscription figures:
Investors should keep track of the following dates related to the IPO allotment and listing process. Adhering to this timeline will help in managing funds and tracking the status of the application.
The Grey Market Premium (GMP) for the Shyam Dhani Industries IPO has remained strong, indicating positive sentiment ahead of its listing. As of the latest data, the GMP stands at ₹70 per share. With the upper price band of the IPO set at ₹70, the expected listing price is approximately ₹140 per share (₹70 price band + ₹70 GMP). This suggests a potential listing gain of around 100% for the allottees. However, investors should note that the GMP is an unofficial indicator and can change based on market sentiment.
Once the basis of allotment is finalized on December 26, investors can check their status through three primary channels. You will need your PAN card number, application number, or DP/Client ID to proceed.
https://www.bigshareonline.com/ipo_allotment.htmlIf you are allotted shares, the corresponding number of shares will be credited to your Demat account by December 29, 2025. The amount blocked in your bank account via ASBA/UPI will be debited. If you are not allotted any shares, the blocked amount will be unblocked, and the refund process will be initiated on December 29, 2025.
Established in 1995, Shyam Dhani Industries Limited is a manufacturer and supplier of a wide range of spices and grocery products under the brand name 'SHYAM'. The company operates from its facility in Jaipur, Rajasthan, and has a distribution network across multiple channels, including general trade and retail chains. It also exports its products to several international markets.
The remarkable subscription numbers for the Shyam Dhani Industries IPO reflect strong market interest. Investors are now keenly awaiting the allotment status on December 26. The high GMP suggests a promising market debut, which is scheduled for December 30, 2025, on the NSE SME platform. Investors should check their allotment status on the specified date and prepare for the subsequent steps of either share credit or fund refund.
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