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Shyam Dhani Industries Ltd. has withdrawn its Initial Public Offer (IPO) documents filed with the exchange on May 14, 2025.
Shyam Dhani Industries Ltd. IPO was a Book Build Issue
The equity shares were proposed to be listed on the NSE SME. Holani Consultants Pvt.Ltd. was the book running lead manager and Bigshare Services Pvt.Ltd. was the registrar of the issue.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Issue Price Band | [.] to [.] per share |
| Lot Size | |
| Sale Type | Fresh Capital |
| Reserved for Market Maker | 2,80,000 shares Holani Consultants Pvt.Ltd. (aggregating up to ₹[.] Cr) |
| Net Offered to Public | 57,84,000 shares (aggregating up to ₹[.] Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,48,72,000 shares |
| Share Holding Post Issue | 2,06,56,000 shares |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35.00% of the Net Issue |
| NII Shares Offered | Not less than 15.00% of the Net Issue |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Fri, Mar 28, 2025 |
| Offer document withdrawn | Wed, May 14, 2025 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 1995, Shyam Dhani Industries Limited is an ISO-certified company and manufacturers, Exporters, Wholesalers, and suppliers of Premium Spices, Spices Powder, Whole Spices, etc.
The company processes 163 varieties of spices, including Ground, Blend, and Whole Spices under the brand name “SHYAM.&rdquo
The company trades and distributes grocery products like black salt, rock salt, rice, poha, kasuri methi, and a range of herbs and seasonings, including oregano, peri peri, chilli flakes, mixed herbs, onion flakes, and tomato powder.
The company's manufacturing unit is situated in Jaipur, Rajasthan.
The company operates in various sales channels for B2B and D2C markets. In B2B, we serve customers via General Trade (wholesalers and distributors), Modern Trade (supermarkets and retail chains), and Quick Commerce Platforms (apps), ensuring easy product accessibility. We also engage in Private Labelling, HoReCa (Hotel, Restaurant, Catering) sales, and Export Sales.
As of February 28, 2025, the company employed 360 staff across Accounts & Finance, Compliance, Maintenance, Marketing & Logistics, Production & Operations, Quality, Management, and Permanent Labour.
Competitive Strength:
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 57.81 | 52.84 | 27.51 | 25.65 |
| Total Income | 59.53 | 107.64 | 68.1 | 43.34 |
| Profit After Tax | 4.19 | 6.3 | 2.92 | 1.01 |
| Net Worth | 19.75 | 15.56 | 9.26 | 6.34 |
| Reserves and Surplus | 4.88 | 14.42 | 8.12 | 5.19 |
| Total Borrowing | 34.25 | 24.45 | 12.75 | 12.13 |
| Amount in ₹ Crore | ||||
| KPI | Values |
|---|---|
| ROE | 50.78% |
| ROCE | 46.16% |
| Debt/Equity | 1.57 |
| RoNW | 40.50% |
| PAT Margin | 5.86% |
The Company Shyam Dhani Industries IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (in Millions) |
|---|---|---|
| 1 | Purchase of machineries for installation at existing manufacturing unit located at Khasra No. 06/1067 Manpura Road, Jatawali, near Delhi bypass, Tehsil – Chomu, Jaipur, Rajasthan | 9.13 |
| 2 | Purchase of 200 KW Solar Rooftop Grid-connected PV System | 6.6 |
| 3 | Part Repayment of existing Cash Credit Facility availed by the company from scheduled commercial banks | 70 |
| 4 | Funding the incremental working capital requirements of the company | 146.5 |
| 5 | General Corporate Purpose |
Shyam Dhani Industries Ltd.
F-438-A
Road No. 12,
VKIA
Jaipur, Rajasthan, 302013
Phone: +91 9257061811
Email: info@shyamspices.co.in
Website: https://www.shyamspices.co.in/
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Shyam Dhani Industries IPO is a SME IPO of 0 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at . The minimum order quantity is .
The Shyam Dhani Industries IPO open and close dates are not available as of now.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Shyam Dhani Industries IPO using UPI as a payment gateway. Zerodha customers can apply in Shyam Dhani Industries IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Shyam Dhani Industries IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Shyam Dhani Industries IPO dates are not announced. Please check back again after some time.
Shyam Dhani Industries IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Shyam Dhani Industries IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Shyam Dhani Industries IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Shyam Dhani Industries IPO allotment status.
The Shyam Dhani Industries IPO listing date is not yet announced. The tentative date of Shyam Dhani Industries IPO listing is [.].
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