Shyam Dhani IPO Hits Record 918x Subscription
Shyam Dhani Industries SME IPO, managed by Holani Consultants, makes history with 918x oversubscription and bids worth ₹25,308 crore. Check the latest record in Indian capital markets.
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MUMBAI- Jaipur-based spice manufacturer Shyam Dhani Industries has created history in India's SME capital market with its IPO being oversubscribed by a staggering 918.09 times. Managed by Holani Consultants, the issue received unprecedented bids totaling over ₹25,308 crore.
This monumental success, fueled by high Retail and NII participation, marks the most subscribed SME IPO of 2025. With a 100% Grey Market Premium (GMP), the record-breaking demand underscores massive investor confidence in India’s growing consumer goods sector.
