On December 30, Shyam Dhani Industries, a spice manufacturing company, made such a big splash in the stock market that investors jumped with joy., SMEs As soon as it was listed on the platform, the shares of this company gave excellent returns and IPO Those who invested money got huge profits in a single day., Investors who had taken only one lot got a profit of about Rs 1 lakh 26 thousand, which is SMEs It is considered a big deal in the segment,
Shares of Shyam Dhani Industries NSE Emerge Listed on the platform at a price of Rs 133, this price IPO The issue price was almost 90 percent more than Rs 70., Such a strong listing brought the company into the limelight on the very first day, With the listing, the total market cap of the company reached around Rs 282 crore, which further strengthened the confidence of investors.,
This IPO The minimum investment was one lot i.e. 2000 shares., According to the issue price, investors had to invest around Rs 1.40 lakh., But on the day of listing the share reached Rs 133, making the value of one lot around Rs 2.66 lakh., That means investors got direct profit of about Rs 1.26 lakh.,
In the gray market even before listing IPO There was tremendous enthusiasm about, Its shares were trading at a premium of about 95 to 100 percent in the unlisted market., As the listing day approached, there was a slight fluctuation in the premium, but the indications were clear that the entry into the stock market was going to be strong. And finally what was expected happened.
it IPO It was launched in early December and within just three days a huge crowd of investors gathered. Overall this issue received more than 900 times subscription, which SMEs Considered extremely rare in the category. Investors participated enthusiastically in every category, making it clear that the market has faith in the company's business model.
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The company has made it clear that IPO The amount raised will be used to further the business. This includes meeting daily expenses, strengthening the brand, spending on marketing and installing new machines in the factory. Apart from this, the company is also planning to install solar rooftop system at its plant, so that electricity costs can be reduced.
This spectacular listing once again proves that if the right company is chosen, SME IPO This can also become a big opportunity for investors. However, every IPO There is risk in business, but the entry of Shyam Dhani Industries definitely gave a sweet gift to the investors at the end of the year.
