Last Updated:December 26, 2025, 11:22 IST

Unlisted shares of Shyam Dhani Industries are trading at Rs 140 apiece in the grey market, indicating 100% grey market premium (GMP) against the IPO issue price of Rs 70.

Shyam Dhani Industries IPO Allotment Date & Latest GMP: The allotment of the Shyam Dhani Industries IPO, which closed on Wednesday with a whopping 988.29x subscription, is scheduled to be finalised today, December 26. Investors will receive a bank debit or an unblock message once the allotment is finalised in the evening. They can also check the allotment status on the websites of the BSE, the NSE, and registrar Bigshare Services Pvt Ltd.

The Shyam Dhani Industries IPO received a blockbuster 988.29x subscription, garnering bids for 3,61,51,72,000 shares as against the 36,58,000 shares on offer. Its retail category got a 1,137.92x subscription, while its non-institutional investor (NII) quota got a 1,612.65x subscription. The QIB category received a 256.24x subscription.

Shyam Dhani Industries IPO GMP Today

According to market observers, unlisted shares of Shyam Dhani Industries Ltd are currently trading at Rs 140 apiece in the grey market, against the upper IPO price of Rs 70. It means 100% grey market premium (GMP), indicating blockbuster listing potential. Its listing will take place on December 30.

The GMP is based on market sentiments and keeps changing. ‘Grey market premium’ indicates investors’ readiness to pay more than the issue price.

Shyam Dhani Industries IPO Allotment Today: A Step-By-Step Guide To Check Status Online

The Shyam Dhani Industries IPO allotment is expected to be finalised today, December 26, in the evening. The allotment status can be checked online by following these steps:

1) Visit registrar Bigshare Services’ portal – https://ipo.bigshareonline.com/ipo_status.html.

2) Under ‘Select Company’, select ‘Shyam Dhani Industries Ltd’ from the drop-box.

3) Enter your application number, demat account, or permanent account number (PAN).

4) Enter Captcha

5) Then, click on the ‘Search’ button.

Your share application status will appear on your screen.

Via the BSE

1) Go to the official BSE website via the URL — https://www.bseindia.com/investors/appli_check.aspx.

2) Under ‘Issue Type’, select ‘Equity’.

3) Under ‘Issue Name’, select ‘Shyam Dhani Industries Ltd’ in the drop box.

4) Enter your application number, or the Permanent Account Number (PAN). Those who want to check their allotment status via PAN can select the ‘Permanent Account Number’ option.

5) Then, click on the ‘I am not a robot’ to verify yourself and hit the ‘Search’ option.

Your share application status will appear on your screen.

Via NSE’s Website

The allotment status can also be checked on the NSE’s website at https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids.

Shyam Dhani Industries IPO: More Details

Shyam Dhani Industries aimed to raise Rs 38.49 crore through a book-built IPO, comprising a fresh issue of 0.55 crore equity shares. The public issue opened for subscription on December 22, 2025, and closed on December 24, 2025, with allotment likely to be finalised on December 26. The company is scheduled to debut on the NSE SME platform, with a tentative listing date of December 30, 2025.

The IPO was priced in the range of Rs 65–70 per share.

Founded in 1995, Shyam Dhani Industries Limited is an ISO-certified company engaged in the manufacturing, exporting, wholesale trading, and supply of premium spices. Its product portfolio includes spice powders and whole spices, along with grocery items such as black salt, rock salt, rice, poha and kasuri methi. The company also deals in herbs and seasonings like oregano, peri peri, chilli flakes, mixed herbs, onion flakes and tomato powder.

Financially, the company reported a 16 per cent rise in revenue and a 28 per cent increase in profit after tax in FY25 compared with the previous financial year.

Holani Consultants Pvt. Ltd. is acting as the book running lead manager as well as the market maker for the issue, while Bigshare Services Pvt. Ltd. has been appointed as the registrar.

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