SHYAM DHANI INDUSTRIES LIMITED

22 Dec 2025 - 24 Dec 2025 Individual Category SME NSE

Min Investment

₹280000

Price Band

₹65-₹70

Issue Size

₹27.57 Cr

Lot Size

2000 (per lot)

IPO Dates
img

22 Dec 2025

Open Date

img

24 Dec 2025

Close Date

img

26 Dec 2025

Allotment Date

img

30 Dec 2025

Listing Date

Know Before Investing

Strengths icon

  • Integrated Pest Management (IPM) improves product quality and supports sustainable sourcing.
  • Experienced promoters and skilled workforce strengthen operations and strategic execution.
  • Established manufacturing unit enables end-to-end, cost-efficient production under one roof.
  • Broad product portfolio across ground, blended, and whole spices enhances market reach.
  • Diverse sales channels include modern trade, quick commerce, exports, and wholesale networks.

Weaknesses icon

  • Heavy dependence on a limited number of suppliers increases supply-side vulnerability.
  • Ongoing litigations, including trademark disputes, may impact operations and reputation.
  • Past quality-control failures and FSSAI penalties pose compliance and brand-risk concerns.
  • Negative cash flows in recent years indicate potential liquidity and operational risks.
  • Highly competitive, fragmented spice market pressures pricing, margins, and market share.

About Shyam Dhani Industries Limited

Shyam Dhani Industries Limited, founded in 2010 and converted into a public company in 2024, is a Jaipur-based manufacturer and processor of 164 varieties of spices marketed under the “SHYAM” brand. Promoted by Mr Ramawtar Agarwal, Mrs Mamta Devi Agarwal, and Mr Vithal Agarwal, the company also trades grocery items such as salts, rice, poha, and a range of herbs and seasonings. Its business model centers on in-house manufacturing, broad product diversity, and a distribution network serving both retail and wholesale markets. Raw materials are sourced from mandis and suppliers across India, supported by select group-entity procurement. With a growing operational scale and planned investments in new machinery and solar infrastructure, the company leverages its established brand, experienced promoters, and extensive product portfolio to strengthen its presence in the FMCG spice segment.

IPO Objectives

1. • Funding the incremental working capital requirements of our company.• Repayment/Pre-Payment, in full or in part, of certain outstanding borrowings availed by our company.• Brand Creation and Marketing Expenses.• Capital Expenditure towards the purchase of new additional machineries to be installed at the existing manufacturing unit.• Purchase and installation of Solar Rooftop Plant at the existing manufacturing unit.• General Corporate Purposes.

Company Promoters

Mamta Devi Agarwal

Ramawtar Agarwal

Vithal Agarwal

How to Apply for IPO

img img

Login

Login to your Bigul Account

Select Lots & Price

Choose the number of lots and price

UPI ID

Enter your UPI ID

UPI Mandate Request

A UPI Mandate Request Triggered

Approve Mandate

Approve the UPI Mandate Request

IPO Allotment

YES Share will be credited. and the amount will be debited

Close

Let's Open Free Demat Account