The initial public offering (IPO) of Shyam Dhani Industries Limited, a company specializing in the manufacturing of copper and copper alloy products, is set to open for public subscription on December 22, 2025. The bidding window for this SME IPO will close on December 24, 2025, as per the official schedule.
IPO Details and Price Band
The company aims to raise capital through this public issue. The price band for the IPO has been fixed at Rs 70 to Rs 75 per equity share. Each equity share has a face value of Rs 10. Investors can bid for a minimum of 1,600 shares in one lot, which translates to a minimum investment amount ranging between Rs 1,12,000 and Rs 1,20,000, depending on the final allotment price.
About the Company and Fund Utilization
Shyam Dhani Industries Limited is engaged in the business of producing copper-based products, including copper wire, strips, and other alloy items. The funds raised from the IPO are earmarked for specific corporate purposes that are expected to fuel the company's next phase of growth.
The net proceeds from the fresh issue will be utilized for the following objectives:
- Financing the company's working capital requirements.
- Supporting general corporate purposes.
- Meeting the expenses associated with the public offering itself.
Important Dates and Listing Information
The IPO is scheduled to open on Monday, December 22, 2025, and will conclude on Wednesday, December 24, 2025. Following the closure of the subscription period, the basis of allotment for shares is expected to be finalized by December 30, 2025.
Successful allottees can expect the initiation of refunds by December 31, 2025. The equity shares of Shyam Dhani Industries Limited are proposed to be listed on the BSE SME platform. The tentative date for the commencement of trading on the exchange is January 2, 2026.
How to Apply for the IPO
Interested investors can apply for the Shyam Dhani Industries IPO through the standard ASBA (Applications Supported by Blocked Amount) process available with their respective banks. Applications can be submitted via net banking platforms or by contacting stockbrokers before the subscription deadline of December 24, 2025. Potential investors are advised to carefully read the Red Herring Prospectus (RHP) document for complete details on risk factors and the company's financials before making an investment decision.