Shyam Dhani Industries' initial public offering (IPO) saw an overwhelming response, closing on December 24, 2025, with a subscription rate of 988.39 times. The IPO, a fresh issue of 5.5 million shares priced between ₹65-₹70, aimed to raise ₹38.49 crore. Share allotment is expected on December 26, 2025, with a tentative listing on the NSE SME platform on December 30, 2025. Investors can check their allotment status via the NSE or registrar Bigshare Services.