Shyam Dhani Industries IPO opens for subscription from December 22 to 24, 2025, with shares listing on BSE SME on December 30, 2025. Shyam Dhani Industries specializes in manufacturing galvanized iron and steel products, including pipes, sheets, and structural components for construction and industrial applications. The Shyam Dhani Industries IPO company reported revenue of ₹124.75 crore and PAT of ₹8.04 crore in FY 2025, driven by strong domestic demand and capacity expansion.
₹63
₹70
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Expert Opinions
Market sentiment for Shyam Dhani Industries IPO remains positive amid strong infrastructure spending and steel sector recovery. Company strengths include specialized manufacturing of galvanized iron and steel products for construction, consistent revenue growth to ₹124.75 crore, and PAT of ₹8.04 crore in FY 2025, supported by capacity expansion and domestic market dominance. Risks involve raw material price volatility, cyclical demand fluctuations, and intense competition from larger steel players.
Valuation analysis of Shyam Dhani Industries IPO in 2025 reveals a Return on Equity (ROE) of 41.06%, ROCE of 39.00%, and Net Asset Value (NAV) of ₹15.87, reflecting robust profitability and efficient capital utilization. Long-term investment perspective is attractive given India’s infrastructure push, urbanization trends, and steady steel consumption growth, positioning the company for sustained earnings expansion and market share gains.
Investor Considerations
Investors in Shyam Dhani Industries IPO should evaluate the company’s strong performance, with revenue reaching ₹124.75 crore and PAT of ₹8.04 crore in FY 2025, underpinned by efficient manufacturing of galvanized steel products for construction and industrial use. Sector outlook is robust, fueled by India’s infrastructure boom, urbanization, and rising steel demand from government capex initiatives.
Valuation analysis of Shyam Dhani Industries IPO in 2025 indicates a Price to Book Value of 4.41, PAT Margin of 6.45%, and Debt/Equity ratio of 2.00, suggesting reasonable pricing with moderate leverage. Growth prospects include capacity expansion, new product lines, and market penetration in tier-2/3 cities. Risk factors encompass raw material price swings, economic cyclicality, and competition from larger peers. The IPO favors long-term investors targeting infrastructure-led growth, while short-term goals require caution amid steel price volatility and execution risks.
| Date | GMP | Trend |
|---|---|---|
| 29 Dec 2025 20.01 | ₹63 | --- |
| 26 Dec 2025 21.23 | ₹63 | --- |
| 25 Dec 2025 20.02 | ₹63 | --- |
| 24 Dec 2025 19.46 | ₹63 | --- |
| 23 Dec 2025 19.33 | ₹63 | Up |
| 22 Dec 2025 19.45 | ₹50 | Up |
| 21 Dec 2025 00.15 | ₹47 | Up |
| 19 Dec 2025 18.59 | ₹40 | Up |
| 17 Dec 2025 21.07 | ₹00 | --- |
| 14 Dec 2025 14.14 | ₹00 | --- |
FAQs
Shyam Dhani Industries IPO Current GMP is ₹63.
Shyam Dhani Industries IPO Expected Returns is 90.00%.
Shyam Dhani Industries IPO estimated listing price is ₹133.