Shyam Dhani IPO: The Tuesday, December 30, opening was spectacular and could not be overlooked, as shares of Shyam Dhani brought a lot of excitement to Dalal Street with their extremely positive market debut. The stock, which started at an incredible 90% above its IPO price of ₹70, was listed at ₹133 on the NSE SME platform and immediately heated up the market by rising another 1% to ₹136 moments later.
The hot opening was fully in line with strong investor demand and the excitement built during the IPO period. For those who track the markets, it was a true “listing-day masala” moment, bold, dynamic, and hard to miss. Shyam Dhani’s entrance confirmed that when high demand meets strong confidence, the market responds with style and panache.
Shyam Dhani IPO Snapshot: Subscription, Valuation And Fund Utilisation At A Glance
| Category | Details |
|---|---|
| IPO Size | ₹38.49 crore |
| Overall Subscription | 988.29 times |
| Non-Institutional Investors (NII) | 1,612.65 times |
| Retail Investors | 1,137.92 times |
| Qualified Institutional Buyers (QIBs) | 256.24 times |
| Issue Type | 100% Fresh Issue |
| Price Band | ₹65 – ₹70 per share |
| Company Valuation | ~₹145 crore |
| IPO Open Date | December 22 |
| IPO Close Date | December 24 |
| Use of Proceeds | Working capital, debt repayment, brand building, marketing, capacity expansion (new machinery), solar rooftop plant installation |
Shyam Dhani IPO: Financial Performance Snapshot
For FY25, the company reported:
Shyam Dhani IPO: GMP Updates
The underground market made its call early, and was right on the dot. With a fantastic GMP of ₹68 before trading, Shyam Dhani not only fulfilled expectations but also blew them away, converting the pre-listing gossip into a complete Dalal Street party.
Also Read: US Tops Taiwan Banks’ Debtor List For 41st Straight Quarter Amid Rising Global Exposure

