Shyam Dhani Industries shares debuted on the NSE Emerge platform at Rs 133, a 90 percent premium to its IPO price of Rs 70. The company raised Rs 38.48 crore through its IPO, which was subscribed over 900 times, indicating strong investor demand. Funds raised will be used for working capital, marketing, machinery upgrades, and a solar rooftop plant. The company, established in 1995, manufactures and trades over 160 varieties of spices and grocery products under the "Shyam" brand.