Support and Resistance Levels
Past performance
About Shyam Dhani Industries Ltd Shyam Dhani Industries Limited, originally established as Shyam Dhani Industries Private Limited in October 2010, operates in the food processing industry, specializing in manufacturing and processing a wide variety of spices under its brand 'SHYAM'. The company produces 163 types/varieties of spices, including ground, blended, and whole spices. Additionally, it trades and distributes grocery items such as Black Salt, Rice, and Kasuri Methi, along with herbs and seasonings like Oregano, Peri Peri, and Chilli Flakes.
The company operates a production facility in Jaipur, Rajasthan, that is equipped to handle cleaning, drying, grading, grinding, and packaging processes to ensure quality and efficiency. It serves both Business-to-Business (B2B) and Direct-to-Consumer (D2C) markets, with distribution channels including general trade (wholesalers and distributors), modern trade (supermarkets and retail chains), and quick commerce platforms such as Swiggy Instamart, Zepto, and BlinkIT. The D2C model also enables direct sales to customers via its website and e-commerce platforms.
In FY24, the company shifted its strategic focus from general trade to modern trade, aiming to establish a stronger presence on quick commerce platforms. This strategic decision was supported by partnerships with leading quick commerce players, enhancing accessibility to its products in diverse markets.
Shyam Dhani Industries Limited is preparing to go public through an initial public offering (IPO) involving the issuance of 5,784,000 equity shares, each priced at Rs 10. This IPO is expected to support its growth initiatives and further its market penetration, particularly in the modern and quick commerce trade segments.