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Blockbuster SME debut puts Shyam Dhani firmly on investors’ radar
Shyam Dhani Industries stunned the market with a near 90 percent listing gain, highlighting strong investor demand and confidence in the company’s SME growth story.
Market enthusiasm surged as Shyam Dhani Industries delivered an exceptional debut on the NSE SME platform on December 30. The stock listed at ₹133, nearly 90 percent above its IPO price of ₹70, and quickly extended gains to around ₹136 in early trade. The sharp listing pop followed strong subscription demand and favourable grey market signals, underscoring robust investor appetite for the issue. Shyam Dhani, a spices manufacturer with a diversified product portfolio, benefitted from positive sentiment around niche consumption-led businesses.