Shyam Dhani Industries SME IPO Subscription
ListedUpdated 30 December 2025, 9:15 AM IST· NSE SME
Shyam Dhani Industries SME IPO subscription closed on 24 December 2025 at 988.40x overall by shares. QIB demand came in at 256.24x, NII at 1,613.08x, and retail at 1,137.95x. See Retail, SHNI, and BHNI allotment chances…
Shyam Dhani Industries SME IPO subscription closed on 24 December 2025 at 988.40x overall by shares. QIB demand came in at 256.24x, NII at 1,613.08x, and retail at 1,137.95x. See Retail, SHNI, and BHNI allotment chances in the table below.
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Allotment date is 26 December 2025. Listing date on NSE and BSE is 30 December 2025.
Shyam Dhani Industries SME IPO Day-wise Subscription
Daily QIB, NII, Retail, and overall subscription as bids come in
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 22 Dec 2025 | 10.43x | 77.01x | 90.08x | 64.54x |
| Day 2 - 23 Dec 2025 | 10.70x | 373.52x | 360.68x | 263.55x |
| Day 3 - 24 Dec 2025 | 256.24x | 1,612.65x | 1,137.92x | 988.29x |
Shyam Dhani Industries SME IPO Allotment Chances
Retail, SHNI, and BHNI chances based on application subscription
Shyam Dhani Industries SME IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.
| Category | Subscription (Apps) | Allotment Chances |
|---|---|---|
| Retail (IND) | 1,137.95x | 1 in 1138 |
| SHNI (Rs 2L to Rs 10L) | 1,021.73x | 1 in 1022 |
| BHNI (above Rs 10L) | 654.39x | 1 in 654 |
Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.
Check the Shyam Dhani Industries SME IPO Allotment Status page from 26 December 2025 for your result.
Shyam Dhani Industries SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 70.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 7.31 Cr | Rs 1,872.61 Cr | 256.24x |
| FII | - | Rs 427.28 Cr | - |
| DFI | - | Rs 188.06 Cr | - |
| Mutual Funds | - | Rs 23.67 Cr | - |
| Other | - | Rs 1,233.60 Cr | - |
| NII | Rs 5.50 Cr | Rs 8,875.15 Cr | 1,613.08x |
| bNII (above Rs 10L) | Rs 3.67 Cr | Rs 6,786.15 Cr | 1,850.10x |
| Corporate | - | Rs 69.55 Cr | - |
| Individual | - | Rs 6,656.76 Cr | - |
| Other | - | Rs 59.84 Cr | - |
| sNII (Rs 2L to Rs 10L) | Rs 1.83 Cr | Rs 2,089.00 Cr | 1,139.04x |
| Corporate | - | Rs 11.93 Cr | - |
| Individual | - | Rs 2,062.72 Cr | - |
| Other | - | Rs 14.35 Cr | - |
| IND | Rs 12.80 Cr | Rs 14,561.15 Cr | 1,137.95x |
| Total | Rs 25.61 Cr | Rs 25,308.91 Cr | 988.40x |
Shyam Dhani Industries SME IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 522 | 168 | 0.32x |
| FII | - | 32 | - |
| DFI | - | 11 | - |
| Mutual Funds | - | 4 | - |
| Other | - | 121 | - |
| NII | 131 | 1,01,888 | 777.77x |
| bNII (above Rs 10L) | 87 | 56,932 | 654.39x |
| Corporate | - | 430 | - |
| Individual | - | 56,129 | - |
| Other | - | 373 | - |
| sNII (Rs 2L to Rs 10L) | 44 | 44,956 | 1,021.73x |
| Corporate | - | 268 | - |
| Individual | - | 44,384 | - |
| Other | - | 304 | - |
| IND | 457 | 5,20,041 | 1,137.95x |
| Total | 1,110 | 6,22,097 | 560.45x |
What Do These Subscription Numbers Mean?
988.40x overall by shares means bids covered about 988 times the shares on offer. Allotment chances depend on applications in each category.
QIB at 256.24x by shares shows institutional demand from mutual funds, FIIs, and banks.
NII covers bids above Rs 2 lakh (777.77x by applications). Split: SHNI 1,021.73x, BHNI 654.39x by applications. SHNI and BHNI allotment is by lottery.
At 1,137.95x subscription by applications, about 1 in 1138 retail applicants may get allotment (~1% chance per application). Retail allotment is also by lottery.
Shyam Dhani Industries SME IPO GMP After Subscription
GMP for Shyam Dhani Industries SME stands at Rs 68.00 today, giving an estimated listing price of Rs 138.00 per share.
A subscription of 988.40x combined with a GMP of 97.14% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Shyam Dhani Industries SME IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Shyam Dhani Industries SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 22 December 2025 |
| IPO Close Date | 24 December 2025 |
| Allotment Date | 26 December 2025 |
| Refund Initiation | 27 December 2025 |
| Share Credit to Demat | 27 December 2025 |
| Listing Date | 30 December 2025 |
| Minimum Investment | Rs 2,80,000.00 |
| Lot Size | 2000 shares |
About Shyam Dhani Industries SME
Shyam Dhani Industries Limited, established in 1995, is an ISO-certified manufacturer, exporter, and supplier of premium spices, spice powders, and whole spices under the brand name 'SHYAM'. The company processes 163 varieties of spices and trades grocery products like salt, rice, poha, and herbs. Based in Jaipur, Rajasthan, the company operates an integrated manufacturing and packaging facility and distributes through multiple channels including general trade, retail chains, and quick-commerce platforms.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors (SHNI & BHNI)
Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.
IND - Individual Investors
Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.
Shyam Dhani Industries SME IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Shyam Dhani Industries SME Details
Issue size, price, financials, and company info
Shyam Dhani Industries SME GMP
Live grey market premium and listing estimate
Shyam Dhani Industries SME Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Shyam Dhani Industries SME Allotment
Allotment date, chances, and check by PAN
Shyam Dhani Industries SME Review
SWOT, strengths, risks, and IPO review
Shyam Dhani Industries SME FAQ
Common questions on dates, GMP, and allotment
Shyam Dhani Industries SME Registrar
Registrar website and how to check allotment
Shyam Dhani Industries SME Timeline
Open, close, allotment, and listing dates
Shyam Dhani Industries SME News
Updates, blogs, and latest IPO news
Shyam Dhani Industries SME IPO Subscription FAQs
What is Shyam Dhani Industries SME IPO subscription status today?
Shyam Dhani Industries SME IPO subscription closed on 24 December 2025 with overall subscription of 988.40x (by shares) as of 27 August 2026, 4:32 AM IST. QIB 256.24x, NII 777.77x, IND 1,137.95x.
What is the overall subscription of Shyam Dhani Industries SME IPO?
Shyam Dhani Industries SME IPO is subscribed 988.40x overall by shares at close on 24 December 2025. QIB 256.24x, NII 777.77x, and IND 1,137.95x.
What is Shyam Dhani Industries SME IPO QIB subscription?
Shyam Dhani Industries SME IPO QIB (Qualified Institutional Buyers) subscription is 256.24x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Shyam Dhani Industries SME IPO IND subscription?
Shyam Dhani Industries SME IPO IND subscription is 1,137.95x by applications. Retail bids are up to Rs 2 lakh per PAN.
What is Shyam Dhani Industries SME IPO NII, SHNI, and BHNI subscription?
Shyam Dhani Industries SME IPO NII subscription is 777.77x by applications. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) at 1,021.73x and BHNI (above Rs 10L) at 654.39x.
What are Shyam Dhani Industries SME IPO retail allotment chances?
At 1,137.95x subscription by applications, about 1 in 1138 retail applicants may get allotment (~1% chance per application). Allotment is by lottery.
What are Shyam Dhani Industries SME IPO SHNI allotment chances?
At 1,021.73x subscription by applications, about 1 in 1022 SHNI applicants may get allotment (~1% chance per application). Allotment is by lottery. Share subscription was 1,139.04x. Allotment chances use applications, not share volume.
What are Shyam Dhani Industries SME IPO BHNI allotment chances?
At 654.39x subscription by applications, about 1 in 654 BHNI applicants may get allotment (~1% chance per application). Allotment is by lottery. Share subscription was 1,850.10x. Allotment chances use applications, not share volume.
When is Shyam Dhani Industries SME IPO allotment date?
Shyam Dhani Industries SME IPO allotment date is 26 December 2025. Check Shyam Dhani Industries SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Shyam Dhani Industries SME IPO subscription close?
Shyam Dhani Industries SME IPO subscription closed on 24 December 2025. No new applications are accepted after the close.
What is Shyam Dhani Industries SME IPO GMP today?
Shyam Dhani Industries SME IPO GMP is ₹68 today (+97.14% over issue price ₹70). See live GMP on the Shyam Dhani Industries SME IPO GMP Today page.
What is Shyam Dhani Industries SME IPO issue price and lot size?
Shyam Dhani Industries SME IPO issue price is ₹70 per share. Lot size is 2000 shares. Minimum investment is ₹2,80,000 per lot (minimum 2 lots for SME). Issue size: ₹36.53 Cr.
When is Shyam Dhani Industries SME IPO listing date?
Shyam Dhani Industries SME IPO listing date is 30 December 2025 on NSE and BSE. Allotment is on 26 December 2025.
How does subscription affect Shyam Dhani Industries SME IPO allotment?
In Shyam Dhani Industries SME IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 988.40x overall, competition is very high.
For allotment results from 26 December 2025, visit the Shyam Dhani Industries SME IPO Allotment Status page. For listing day updates on 30 December 2025, download the IPOwiz App.
Sources
We match Shyam Dhani Industries SME IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- IPO RegistrarRegistrar details are on the allotment page for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.