{"id":57176,"date":"2025-12-23T11:42:13","date_gmt":"2025-12-23T06:12:13","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=57176"},"modified":"2025-12-23T11:42:55","modified_gmt":"2025-12-23T06:12:55","slug":"shyam-dhani-industries-ipo-gmp-day-2","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/shyam-dhani-industries-ipo-gmp-day-2\/","title":{"rendered":"Shyam Dhani Industries IPO GMP: Day 2 IPO Live Updates"},"content":{"rendered":"<p>The <strong>Shyam Dhani Industries IPO GMP <\/strong>is \u20b951 as of 23rd December 2025. It is a book-building issue IPO of \u20b938.49 crores. This is an entirely fresh issue of 0.55 crore shares. The issue will be listed on NSE and SME on its tentative listing date, 30th December 2025. The face value of&nbsp; Shyam Dhani Industries IPO shares is \u20b910 per share, and the IPO price band is \u20b965 to \u20b970 per share. Retail investors can bid for a minimum of 2 lots of 4,000 shares worth \u20b92,80,000<\/p><div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/shyam-dhani-industries-ipo-gmp-day-2\/#Shyam_Dhani_Industries_IPO_GMP_Grey_Market_Premium\" title=\"Shyam Dhani Industries IPO GMP Grey Market Premium\">Shyam Dhani Industries IPO GMP Grey Market Premium<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/shyam-dhani-industries-ipo-gmp-day-2\/#Shyam_Dhani_Industries_IPO_Details\" title=\"Shyam Dhani Industries IPO Details\">Shyam Dhani Industries IPO Details<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/shyam-dhani-industries-ipo-gmp-day-2\/#Explanation\" title=\"Explanation\">Explanation<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/shyam-dhani-industries-ipo-gmp-day-2\/#Shyam_Dhani_Industries_IPO_Objectives\" title=\"Shyam Dhani Industries IPO Objectives\">Shyam Dhani Industries IPO Objectives<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/shyam-dhani-industries-ipo-gmp-day-2\/#Shyam_Dhani_Industries_IPO_Registrar\" title=\"Shyam Dhani Industries IPO Registrar\">Shyam Dhani Industries IPO Registrar<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/shyam-dhani-industries-ipo-gmp-day-2\/#Shyam_Dhani_Industries_IPO_Review\" title=\"Shyam Dhani Industries IPO Review\">Shyam Dhani Industries IPO Review<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/shyam-dhani-industries-ipo-gmp-day-2\/#FAQs_on_Shyam_Dhani_Industries_IPO\" title=\"FAQs on Shyam Dhani Industries IPO\">FAQs on Shyam Dhani Industries IPO<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/shyam-dhani-industries-ipo-gmp-day-2\/#What_is_the_Shyam_Dhani_Industries_IPO_GMP\" title=\"What is the Shyam Dhani Industries IPO GMP?\">What is the Shyam Dhani Industries IPO GMP?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/shyam-dhani-industries-ipo-gmp-day-2\/#What_is_the_issue_price_of_Shyam_Dhani_Industries_IPO\" title=\"What is the issue price of Shyam Dhani Industries IPO?\">What is the issue price of Shyam Dhani Industries IPO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/shyam-dhani-industries-ipo-gmp-day-2\/#Who_is_the_registrar_of_the_Shyam_Dhani_Industries_IPO\" title=\"Who is the registrar of the Shyam Dhani Industries IPO?\">Who is the registrar of the Shyam Dhani Industries IPO?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/shyam-dhani-industries-ipo-gmp-day-2\/#Recent_Articles\" title=\"Recent Articles\">Recent Articles<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Shyam_Dhani_Industries_IPO_GMP_Grey_Market_Premium\"><\/span><strong>Shyam Dhani Industries IPO GMP Grey Market Premium<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>As mentioned earlier, the <strong>Shyam Dhani Industries IPO GMP <\/strong>currently stands at \u20b951 per share. Thus, the estimated listing price would be flat at \u20b9121. This indicates that the estimated listing gain in this IPO could be 72.86%. Explore the table for Riddhi Display Equipment <strong>IPO GMP<\/strong> updates.<\/p><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>GMP DATE<\/strong><\/td><td><strong>IPO Price<\/strong><\/td><td><strong>GMP Price<\/strong><\/td><td><strong>Estimated Listing Price<\/strong><\/td><td><strong>Estimated Gain<\/strong><\/td><\/tr><tr><td><strong>23-12-2025<\/strong><\/td><td>\u20b970.00<\/td><td>\u20b951.00<\/td><td>\u20b9121.00<\/td><td>72.86%<\/td><\/tr><tr><td><strong>22-12-2025<\/strong><\/td><td>\u20b970.00<\/td><td>\u20b950.00<\/td><td>\u20b9120.00<\/td><td>71.43%<\/td><\/tr><tr><td><strong>21-12-2025<\/strong><\/td><td>\u20b970.00<\/td><td>\u20b947.00<\/td><td>\u20b9117.00<\/td><td>67.14%<\/td><\/tr><tr><td><strong>20-12-2025<\/strong><\/td><td>\u20b970.00<\/td><td>\u20b947.00<\/td><td>\u20b9117.00<\/td><td>67.14%<\/td><\/tr><tr><td><strong>19-12-2025<\/strong><\/td><td>\u20b970.00<\/td><td>\u20b942.00<\/td><td>\u20b9112.00<\/td><td>60.00%<\/td><\/tr><tr><td><strong>18-12-2025<\/strong><\/td><td>\u20b970.00<\/td><td>\u20b940.00<\/td><td>\u20b9110.00<\/td><td>57.14%<\/td><\/tr><tr><td><strong>17-12-2025<\/strong><\/td><td>\u20b970.00<\/td><td>\u20b931.00<\/td><td>\u20b9101.00<\/td><td>44.29%<\/td><\/tr><tr><td><strong>16-12-2025<\/strong><\/td><td>\u20b970.00<\/td><td>\u20b927.00<\/td><td>\u20b997.00<\/td><td>38.57%<\/td><\/tr><tr><td><strong>15-12-2025<\/strong><\/td><td>\u20b970.00<\/td><td>\u20b921.00<\/td><td>\u20b991.00<\/td><td>30.00%<\/td><\/tr><tr><td><strong>14-12-2025<\/strong><\/td><td>\u20b970.00<\/td><td>\u20b921.00<\/td><td>\u20b991.00<\/td><td>30.00%<\/td><\/tr><tr><td><strong>13-12-2025<\/strong><\/td><td>\u20b970.00<\/td><td>\u20b921.00<\/td><td>\u20b991.00<\/td><td>30.00%<\/td><\/tr><tr><td><strong>12-12-2025<\/strong><\/td><td>\u20b970.00<\/td><td>\u20b90.00<\/td><td>\u20b970.00<\/td><td>0.00%<\/td><\/tr><\/tbody><\/table><\/figure><p><em>Note: GMP details are subject to change based on market conditions and fluctuations. Check live Shyam Dhani Industries IPO GMP status at Univest.<\/em><\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Shyam_Dhani_Industries_IPO_Details\"><\/span><strong>Shyam Dhani Industries IPO Details<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>IPO Allotment Date<\/strong><\/td><td>26th December 2025<\/td><\/tr><tr><td><strong>IPO Open Date<\/strong><\/td><td>22nd December 2025<\/td><\/tr><tr><td><strong>IPO Close Date<\/strong><\/td><td>24th December 2025<\/td><\/tr><tr><td><strong>Refund Initiation&nbsp;<\/strong><\/td><td>29th December 2025<\/td><\/tr><tr><td><strong>Issue Size<\/strong><\/td><td>54,98,000 shares(agg. up to \u20b938.49 Cr)<\/td><\/tr><tr><td><strong>Face Value<\/strong><\/td><td>\u20b910 per share<\/td><\/tr><tr><td><strong>Lot Size<\/strong><\/td><td>2,000 Shares<\/td><\/tr><tr><td><strong>Issue Price&nbsp;<\/strong><\/td><td>\u20b965 to \u20b970 per share<\/td><\/tr><tr><td><strong>Issue Type<\/strong><\/td><td>Bookbuilding IPO<\/td><\/tr><tr><td><strong>Listing At<\/strong><\/td><td>NSE SME<\/td><\/tr><tr><td><strong>Listing Date<\/strong><\/td><td>30th December 2025<\/td><\/tr><\/tbody><\/table><\/figure><p><strong><em>Also Read: <\/em><\/strong><a href=\"https:\/\/univest.in\/blogs\/marc-technocrats-ipo-gmp\"><strong><em>Shyam Dhani Industries IPO GMP &amp; Review: Apply or Avoid?<\/em><\/strong><\/a><\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Explanation\"><\/span><strong>Explanation<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p><strong>Shyam Dhani Industries IPO<\/strong>: Shyam Dhani Industries IPO Limited has declared an issue price band of \u20b965 to \u20b970 per share. With this IPO, the company allows retail investors to bid for at least 2 lots of 4,000 shares, each worth \u20b92,80,000. The face value of Shyam Dhani Industries IPO Limited shares is \u20b910 per share. The shares of Shyam Dhani Industries IPO Limited will be listed on NSE and SME on its tentative listing day, 30th December 2025. Scroll down to check GMP updates and <strong>Shyam Dhani Industries IPO <\/strong>reviews.&nbsp;<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Shyam_Dhani_Industries_IPO_Objectives\"><\/span><strong>Shyam Dhani Industries IPO Objectives<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>The primary aim of the <strong>Shyam Dhani Industries IPO<\/strong> is to raise \u20b938.49 crores. On the other hand, Shyam Dhani Industries has decided to utilise these funds in different ways.<\/p><ul class=\"wp-block-list\"><li>Purchase of machinery for installation at the existing manufacturing unit located at Khasra No. 06\/1067 Manpura Road, Jatawali, near Delhi bypass, Tehsil \u2013 Chomu, Jaipur, Rajasthan<\/li>\n\n<li>Purchase of 200 KW Solar Rooftop Grid-connected PV System<\/li>\n\n<li>To Part Repayment of the existing Cash Credit Facility availed by the company from scheduled commercial banks<\/li>\n\n<li>To fund the incremental working capital requirements of the company<\/li>\n\n<li>General Corporate Purpose<\/li><\/ul><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Shyam_Dhani_Industries_IPO_Registrar\"><\/span><strong>Shyam Dhani Industries IPO Registrar<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Bigshare Services Private Limited is the registrar for the Shyam Dhani Industries IPO, awaiting to manage the allotment process and initiate refunds. For any queries regarding the Shyam Dhani Industries allotment and refund, you can contact Bigshare Services Private Limited at <a href=\"mailto:ipo@bigshareonline.com\">ipo@bigshareonline.com<\/a> or at +91-22-6263 8200.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Shyam_Dhani_Industries_IPO_Review\"><\/span><strong>Shyam Dhani Industries IPO Review<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"536\" src=\"https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2025\/12\/23113732\/Shyam-Dhani-Industries-IPO-Apply-or-Avoid-1-1024x536.jpg\" alt=\"Shyam Dhani Industries IPO Review\n\" class=\"wp-image-57179\" srcset=\"https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2025\/12\/23113732\/Shyam-Dhani-Industries-IPO-Apply-or-Avoid-1-1024x536.jpg 1024w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2025\/12\/23113732\/Shyam-Dhani-Industries-IPO-Apply-or-Avoid-1-300x157.jpg 300w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2025\/12\/23113732\/Shyam-Dhani-Industries-IPO-Apply-or-Avoid-1-768x402.jpg 768w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2025\/12\/23113732\/Shyam-Dhani-Industries-IPO-Apply-or-Avoid-1-900x471.jpg 900w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2025\/12\/23113732\/Shyam-Dhani-Industries-IPO-Apply-or-Avoid-1-600x314.jpg 600w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2025\/12\/23113732\/Shyam-Dhani-Industries-IPO-Apply-or-Avoid-1-150x79.jpg 150w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2025\/12\/23113732\/Shyam-Dhani-Industries-IPO-Apply-or-Avoid-1.jpg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure><p>The <strong>Shyam Dhani Industries IPO <\/strong>has gained neutral ratings from industry experts, brokers, and institutional investors. Shyam Dhani Industries Limited&#8217;s revenue increased by 16% from \u20b9107.64 crores in March 2024&nbsp; to \u20b9124.75 crores in March 2025. Moreover, the company&#8217;s PAT increased by 28% from \u20b96.30 crores in March 2024 to \u20b98.04 crores in March 2025. Most analysts recommend applying for this IPO to diversify your investment portfolio. However, we\u2019re waiting for additional ratings to get a clearer picture and will keep posting them to deliver real-time insights. Until then, you can explore the company&#8217;s technical analysis to know whether you should apply for the <strong>Shyam Dhani Industries IPO <\/strong>or not.<\/p><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Key Indicators<\/strong><\/td><td><strong>Value<\/strong><\/td><\/tr><tr><td><a href=\"https:\/\/univest.in\/blogs\/price-to-earnings-ratio-p-e-ratio\"><strong>PE Ratio (Price-to-Earnings)&nbsp;<\/strong><\/a><\/td><td>13.19<\/td><\/tr><tr><td><a href=\"https:\/\/univest.in\/blogs\/earnings-per-share-eps-formula\"><strong>EPS (Earnings Per Share)<\/strong><\/a><\/td><td>5.31<\/td><\/tr><tr><td><strong>RoNW<\/strong><\/td><td>34.07%<\/td><\/tr><tr><td><strong>ROCE<\/strong><\/td><td>39.00%<\/td><\/tr><tr><td><strong>ROE<\/strong><\/td><td>41.06%<\/td><\/tr><tr><td><strong>EBITDA Margin<\/strong><\/td><td>11.65%<\/td><\/tr><tr><td><strong>Price to Book Value<\/strong><\/td><td>4.41<\/td><\/tr><tr><td><strong>Market Capitalisation<\/strong><\/td><td>\u20b9144.59 Cr<\/td><\/tr><\/tbody><\/table><\/figure><p>The PE ratio of Shyam Dhani Industries Limited shares is 13.19, and its Earnings Per Share (EPS) stands at 5.31. Thus, the <strong>Shyam Dhani Industries IPO<\/strong> can deliver gains on its tentative listing date, 30th December 2025.&nbsp;<\/p><p><strong><em>Note<\/em><\/strong><em>: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Shyam Dhani Industries Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics.&nbsp;<\/em><\/p><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Indicators<\/strong><\/td><td><strong>Pre-IPO<\/strong><\/td><td><strong>Post-IPO<\/strong><\/td><\/tr><tr><td><strong>PE Ratio<\/strong><\/td><td>13.19<\/td><td>17.21<\/td><\/tr><tr><td><strong>EPS&nbsp;<\/strong><\/td><td>5.31<\/td><td>4.07<\/td><\/tr><\/tbody><\/table><\/figure><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"FAQs_on_Shyam_Dhani_Industries_IPO\"><\/span><strong>FAQs on Shyam Dhani Industries IPO<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_the_Shyam_Dhani_Industries_IPO_GMP\"><\/span><strong>What is the Shyam Dhani Industries IPO GMP?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Currently, on 23rd December 2025, the <strong>Shyam Dhani Industries IPO GMP<\/strong> (Grey Market Premium) stands at \u20b951. This indicates that the estimated listing price could be \u20b9121.00 per share.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_the_issue_price_of_Shyam_Dhani_Industries_IPO\"><\/span><strong>What is the issue price of Shyam Dhani Industries IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>The <strong>Shyam Dhani Industries IPO<\/strong> issue price band is set at \u20b965.00 to \u20b970.00 per share. Retail investors can apply for a minimum of 2 lots, each consisting of 4,000 shares, worth \u20b92,80,000. Moreover, HNIs are required to bid for a minimum of 3 lots (6,000 shares) worth \u20b94,20,000.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Who_is_the_registrar_of_the_Shyam_Dhani_Industries_IPO\"><\/span><strong>Who is the registrar of the Shyam Dhani Industries IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Bigshare Services Private Limited is the registrar for the Shyam Dhani Industries IPO, awaiting to manage the allotment process and initiate refunds. For any queries regarding the Shyam Dhani Industries allotment and refund, you can contact Bigshare Services Private Limited at <a href=\"mailto:ipo@bigshareonline.com\">ipo@bigshareonline.com<\/a> or at +91-22-6263 8200.<\/p><p><strong><em>Disclaimer<\/em><\/strong><em>: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Shyam Dhani Industries IPO, download the Shyam Dhani Industries IPO RHP and Shyam Dhani Industries IPO DRHP. Conduct your research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.<\/em><\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Recent_Articles\"><\/span><strong>Recent Articles<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><a href=\"https:\/\/univest.in\/blogs\/ravelcare-ipo-gmp-day-3\">Ravelcare IPO GMP: Day 3 IPO Live Updates<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/astron-multigrain-ipo-subscription-day-2\">Astron Multigrain IPO Subscription Day 2<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/astron-multigrain-ipo-gmp-day-2\">Astron Multigrain IPO GMP: Day 2 IPO Live Updates<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/invicta-diagnostic-ipo-subscription-day-2\">Invicta Diagnostic IPO Subscription Day 2<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/invicta-diagnostic-ipo-gmp-day-2\">Invicta Diagnostic IPO GMP: Day 2 IPO Live Updates<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/luxury-time-ipo-gmp-review\">Shyam Dhani Industries&nbsp; IPO GMP &amp; Review: Apply or Avoid?<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>The Shyam Dhani Industries IPO GMP is \u20b951 as of 23rd December 2025. It is a book-building issue IPO of \u20b938.49 crores. This is an entirely fresh issue of 0.55 crore shares. The issue will be listed on NSE and SME on its tentative listing date, 30th December 2025. 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