
Manufacturing / Agro-Processing · NSE
Shyam Dhani Industries Limited, incorporated in 1995, is an ISO-certified company engaged in the manufacturing, trading, exporting, and supply of premium spices, spice powders, whole spices, and grocery products under its brand name “SHYAM.” The company processes around 163 varieties of ground, blended, and whole spices, along with grocery items such as black salt, rock salt, rice, poha, kasuri methi, and a wide range of herbs and seasonings including oregano, peri peri, chilli flakes, mixed herbs, onion flakes, and tomato powder. Its manufacturing unit is located in Jaipur, Rajasthan, and its products are sold through general trade, modern retail chains, quick commerce platforms, private labeling, HoReCa, and export channels. As of November 30, 2025, the company employed 394 people across various departments including production, quality, marketing, logistics, and management.
Price Band
₹65 – ₹70
Issue Size
₹38.49 Cr
Lot Size
2000 shares
GMP
+84.3%
Est. Listing
₹129
at current GMP
Subscribed
988.40x
overall
Open
22 Dec 2025
Close
24 Dec 2025
Allotment
26 Dec 2025
Refund
27 Dec 2025
Demat Credit
28 Dec 2025
Listing
30 Dec 2025
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹70
Band: ₹65 – ₹70
Estimated Listing Price
₹129
Upper price + GMP
Lot Size
2000 shares
Min investment ₹1,40,000
Estimated Profit / Lot
₹1,18,000
2000 × ₹59
Grey Market Premium trend
+₹59
▲ 0 today
Updated 1 minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹59 | 84.3% | ₹129 |
| 30 Oct 2026 | +₹59 | 84.3% | ₹129 |
| 29 Oct 2026 | +₹53 | 75.9% | ₹123 |
GMP is unofficial market data. Not a guarantee of listing performance.
Shyam Dhani Industries Limited is bringing an initial public offering (IPO) in the Manufacturing / Agro-Processing sector with an aggregate issue size of ₹38.49 Crores. The shares are offered at a price band of ₹65 to ₹70 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 2000 shares (approx. ₹1,40,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-12-28, while un-allotted funds or UPI block mandates will be released on 2025-12-27.
The latest grey market premium for Shyam Dhani Industries Limited IPO is ₹59, which indicates an expected listing price of ₹129.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.