|
|
|
You can get e-magazine links on WhatsApp. Click here
|
|
|
|
|
|
Shyam Dhani industries opened Rs 38.49 crore IPO
|
|
Tuesday, 30 December, 2025, 15 : 00 PM [IST]
|
|
Our Bureau, Mumbai
|
Shyam Dhani Industries Limited, a food processing company primarily engaged in the manufacturing and processing of spices under the brand ‘SHYAM’, has announced the launch of its Initial Public Offering (IPO), recently. The company aims to raise up to Rs 38.49 crore at the upper end of the price band, with its equity shares proposed to be listed on the NSE Emerge platform.
The IPO comprises a total issue size of 54,98,000 equity shares of face value ?10 each, priced in a band of Rs 65 to Rs 70 per share. The lot size for investors has been fixed at 2,000 equity shares.
The issue allocation includes up to 15,60,000 equity shares for anchor investors, up to 10,44,000 shares for Qualified Institutional Buyers (QIBs), not less than 7,86,000 shares for Non-Institutional Investors (NIIs), and not less than 18,28,000 shares for Retail Individual Investors (RIIs). An additional 2,80,000 shares have been reserved for the market maker.
The net proceeds from the issue will be utilised towards meeting incremental working capital requirements, repayment or pre-payment of certain borrowings, brand creation and marketing expenses, capital expenditure for new machinery at the existing manufacturing unit, installation of a solar rooftop plant, and general corporate purposes.
Commenting on the IPO, Ramawtar Agarwal, chairman & managing director, said the public issue marks a key milestone in the company’s growth journey. He added that the funds raised will help strengthen operational efficiency, enhance brand visibility, expand capacity and support sustainable expansion across domestic and international markets.
|
|
|
|
|
|
|
|
|
|