Shyam Dhani IPO Review
Positive Factors
- Growing revenue and profit trend
- Diverse product portfolio
- Multiple sales channels (B2B + D2C)
- Reasonable IPO valuation
- Positive GMP trend
Risk Factors
- High debt-to-equity ratio
- SME segment liquidity risk
- Dependency on raw material prices
- Competitive FMCG and spice industry
Overall IPO Review:
Shyam Dhani IPO looks moderately attractive for investors with a medium to high risk appetite, especially those looking at SME IPO opportunities.
Shyam Dhani IPO Allotment Status
The basis of allotment will be finalised on 26 December 2025.
Investors can check the allotment status on the registrar’s website:
- Registrar: Bigshare Services Private Limited
- Website: www.bigshareonline.com
Shyam Dhani IPO Important Dates
| Event | Date |
| IPO Opens | 22 December 2025 |
| IPO Closes | 24 December 2025 |
| Allotment Finalization | 26 December 2025 |
| Refund Initiation | 29 December 2025 |
| Shares Credited to Demat | 29 December 2025 |
| Listing Date | 30 December 2025 |
Lead Manager & Registrar Details
Lead Manager
Holani Consultants Private Limited
Jaipur, Rajasthan
Website: www.holaniconsultants.co.in
Registrar
Bigshare Services Private Limited
Mumbai, Maharashtra
Website: www.bigshareonline.com
Company Contact Details
Shyam Dhani Industries Limited
F-438-A, Road No. 12, VKIA,
Jaipur, Rajasthan – 302013
Phone: +91 9257061811
Email: info@shyamspices.co.in
Website: www.shyamspices.co.in
Conclusion
The Shyam Dhani IPO offers investors exposure to a growing spices and grocery company with improving financials and a diversified business model.
While risks like debt and SME volatility exist, the reasonable valuation and positive GMP make it worth tracking. Investors should align their decisions with their risk tolerance and investment horizon.
