Shyam Dhani SME IPO From December 22
The issue size is 54.98 lakh equity shares at a face value of Rs 10 each with a price band of Rs 65 - Rs 70 per share
By : Ravi Ranjan Prasad
Update: 2025-12-18 17:58 GMT
Mumbai: Jaipur based food processing company Shyam Dhani Industries, engaged primarily in manufacturing and processing varieties of spices under the brand ‘SHYAM’, announced SME initial public offering on NSE Emerge platform. Company's Rs 38.49 crore SME IPO opens on Dec.22 and closes on Dec.24,2025.
The issue size is 54.98 lakh equity shares at a face value of Rs 10 each with a price band of Rs 65 - Rs 70 per share.
Company has started export of packaged spices to 5 countries recently and has presence in North India market mainly.
The net proceeds from the IPO will be utilized for funding the working capital requirements, payment of certain outstanding borrowings, brand creation and marketing expenses, capital expenditure towards the purchase of new additional machineries to be installed at the existing manufacturing unit, purchase and installation of solar rooftop plant at the existing manufacturing unit and general corporate purposes.