Shyam Dhani Industries IPO Subscription Day 2

Here, the Shyam Dhani Industries IPO launched on 22nd December 2025. Bidding for the issue will close today, 30th December 2025. The primary aim of the Shyam Dhani Industries IPO is to raise ₹38.49 crores from the market. Also, the Shyam Dhani Industries IPO has received an impressive level of subscription, indicating that the shares will be listed at an impeccable premium. Scroll down to check the Shyam Dhani Industries IPO subscription and details. 

Shyam Dhani Industries IPO Details 

The price band for Riddhi Display Equipment’s IPO has been set at ₹65 to ₹70 per share, and a total of 54,98,000 shares are being issued. Let’s segregate the share quota fixed for different categories of investors. 

Shyam Dhani Industries IPO Subscription Status

As of now, the Shyam Dhani Industries IPO has been subscribed to 115.39 times. Of these, 159.52 times are subscribed by retail investors, 152.16 times by non-institutional investors, and 10.45 times by QII (Qualified Institutional Investors).  

The healthy subscription status indicates that investors are expecting higher returns at the time of Shyam Dhani Industries’ IPO listing on 30th December 2025. Shyam Dhani Industries also has a positive outlook behind the fresh issue of 0.55 crore shares, which will raise around Rs 38.49 crores.

Shyam Dhani Industries IPO GMP Today

We know that higher subscription levels drive grey-market premiums for IPOs. Let’s explore the Shyam Dhani Industries IPO GMP for 23rd December 2025. 

The grey market premium for this IPO has surged to 72.86% or Rs 51.00 per share. It indicates that the estimated listing price per share is Rs 121.00. Numerous factors played a pivotal role in this jump in the GMP of Riddhi Display Equipment’s IPO. These include higher subscription rates, favourable market sentiment, and investors’ positive attitude towards IPOs. 

About Shyam Dhani Industries Ltd.

Shyam Dhani Industries was established in 1995. Shyam Dhani Industries Limited is an ISO-certified company and manufacturer, exporter, wholesaler, and supplier of Premium Spices, Spices Powder, Whole Spices, etc. They trade and distribute Grocery Products like Black Salt, Rock Salt, Rice, Poha, Kasuri Methi, and a variety of Herbs and seasonings, including Organo, Peri Peri, Chilli Flakes, Mixed Herbs, Onion Flakes, and Tomato Powder. The company processes 163 varieties of spices, including Ground, Blend, and Whole Spices under the brand name “SHYAM”. 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.

Shyam Dhani Industries Limited Financials

The company’s financial analysis is essential before applying for the Shyam Dhani Industries IPO. Look at the table to learn about Shyam Dhani Industries Limited’s financials. 

Explanation

Shyam Dhani Industries Limited’s revenue increased by 16% from ₹107.64 crores in March 2024  to ₹124.75 crores in March 2025. Moreover, the company’s PAT increased by 28% from ₹6.30 crores in March 2024 to ₹8.04 crores in March 2025.

Technical Indicators

Several technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technical aspects of the Shyam Dhani Industries IPO.

Shyam Dhani Industries IPO Listing Expectations

Shyam Dhani Industries IPO Highlights: IPO allotment is still pending, as the bid will close today. However, given the current GMP or market sentiment, it is reasonable to expect higher listing gains for the share. A jump of 72.86% in Yash Highlight GMP suggests the estimated listing price per share will be around Rs 121.

It will provide higher listing gains to investors who applied for this IPO. Also, the financial fundamentals of this business made it the experts’ top long-term recommendation. 

Shyam Dhani Industries IPO Dates

Note: IPO GMP is volatile and depends on market sentiment. Hence, one should conduct their research before investing in it.

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