31 Mar 2023
Assets27.51
Total Income68.10
EBITDA5.97
Profit After Tax2.92
NET Worth9.26
Reserves and Surplus8.12
Total Borrowing12.75
At a glance
Updated 2026-09-10Shyam Dhani Industries is a SME IPO with an issue size of ₹38.49 crore, proposed for listing on NSE SME. The issue structure includes a fresh issue of ₹36.53 crore.
Issue details
Listing atNSE SME
Issue typeBook Build Issue
Issue size₹38.49 Cr
Fresh issue₹36.53 Cr
Face value₹10
Price band₹65.00–₹70.00
Grey market
GMP page ↗Latest GMPNO GMP
GMP / upper priceNO DATA
Est. listingNO DATA
GMP is unofficial sentiment data, not an exchange price.
Subscription demand
Full bidding ↗QIB256.24×
sHNI138.83×
bHNI205.78×
NII / HNI205.78×
Retail137.92×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Max) | 2 | 4000 | ₹280,000 |
| S-HNI (Min) | 3 | 6000 | ₹420,000 |
| S-HNI (Max) | 7 | 14000 | ₹980,000 |
| B-HNI (Min) | 8 | 16000 | ₹1,120,000 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Funding the incremental working capital requirements of company | ₹13.26 Cr |
| Repayment/Pre-payment, in full or in part, of certain outstanding borrowings availed by company. | ₹10.00 Cr |
| Brand Creation and Marketing Expenses | ₹6.36 Cr |
| Capital Expenditure towards the purchase of new additional machineries to be installed at the existing manufacturing unit | ₹1.63 Cr |
| Purchase and installation of Solar Rooftop Plant at the existing manufacturing unit | ₹0.65 Cr |
| General Corporate Purposes | ₹2.57 Cr |
| Issue Expenses | ₹4.02 Cr |
| Total | ₹38.49 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue63.83₹ Cr · -48.8% vs prior year
EBITDA8.66₹ Cr · -40.4% vs prior year
PAT4.20₹ Cr · -47.8% vs prior year
Assets88.79₹ Cr · +7.7% vs prior year
Net Worth27.81₹ Cr · +17.8% vs prior year
Borrowing48.18₹ Cr · +2.0% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2024
Assets52.84
Total Income107.64
EBITDA10.88
Profit After Tax6.30
NET Worth15.56
Reserves and Surplus14.42
Total Borrowing24.45
31 Mar 2025
Assets82.47
Total Income124.75
EBITDA14.52
Profit After Tax8.04
NET Worth23.61
Reserves and Surplus8.73
Total Borrowing47.24
30 Sep 2025
Assets88.79
Total Income63.83
EBITDA8.66
Profit After Tax4.20
NET Worth27.81
Reserves and Surplus12.93
Total Borrowing48.18
KPIs
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 41.06% |
| ROCE | 39.00% |
| Debt / Equity | 2.00% |
| RoNW | 34.07% |
| PAT Margin | 6.45% |
| EBITDA Margin | 11.65% |
| Price to Book Value | 4.41 |
Valuation & shareholding
Pre-IPO EPS5.31
Post-IPO EPS4.07
Pre-IPO P/E13.19
Post-IPO P/E17.21
Promoter holding pre98.11%
Promoter holding post72%
Market cap₹144.59 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Shyam Dhani Industries IPO | — | 16.97 x | — | — |
| Farm Peace IPO | — | 16.12 x | — | — |
| Dhanwel Hybrid IPO | — | 14.74 x | — | — |
| Adon Agro IPO | — | 6.42 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Funding the incremental working capital requirements of company | ₹13.26 Cr |
| Repayment/Pre-payment, in full or in part, of certain outstanding borrowings availed by company. | ₹10.00 Cr |
| Brand Creation and Marketing Expenses | ₹6.36 Cr |
| Capital Expenditure towards the purchase of new additional machineries to be installed at the existing manufacturing unit | ₹1.63 Cr |
| Purchase and installation of Solar Rooftop Plant at the existing manufacturing unit | ₹0.65 Cr |
| General Corporate Purposes | ₹2.57 Cr |
| Issue Expenses | ₹4.02 Cr |
| Total | ₹38.49 Cr |
Registrar & lead managers
Registrar
Bigshare Services Pvt.Ltd.Lead managers
- Holani Consultants Pvt.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-10.
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