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Spice maker’s strong SME debut delivers outsized gains to IPO investors
Shyam Dhani Industries delivered sharp listing gains on NSE Emerge, with the stock debuting at a near 90 percent premium, reflecting strong investor appetite for SME offerings.
Investor enthusiasm was evident as Shyam Dhani Industries made a powerful entry on the NSE SME platform Emerge on December 30. The shares listed at nearly a 90 percent premium over the IPO price, translating into substantial listing gains for early investors. Shyam Dhani Industries, an ISO-certified company, manufactures more than 160 varieties of spices, positioning itself in a fast growing packaged food and spices segment.