Description

NSE announces the listing of Shyam Dhani Industries Limited on the EMERGE SME Platform effective December 30, 2025, with trading in Trade for Trade Surveillance Segment.

Summary

National Stock Exchange of India Limited has announced the listing of equity shares of Shyam Dhani Industries Limited on the EMERGE SME Platform effective December 30, 2025. The security will initially trade in Series ‘ST’ (Trade for Trade Surveillance Segment with Settlement Type ‘W’) and will subsequently be shifted to Series ‘SM’ (Normal Rolling Segment) as per SEBI regulations. The IPO consists of 20,656,000 equity shares of Rs. 10/- each, issued at Rs. 70/- per share.

Key Points

  • Symbol: SHYAMDHANI
  • ISIN: INE1CRP01016
  • Face Value: Rs. 10/- per share
  • Issue Price: Rs. 70/- per share
  • Total Securities: 20,656,000 equity shares
  • Market Lot: 2,000 equity shares
  • Trading Series: ST (Trade for Trade Surveillance Segment - Settlement Type ‘W’)
  • Market Maker Maximum Permissible Spread: Within 10%
  • Distinctive Number Range: 1 to 20,656,000
  • Market Type: Continuous Market
  • Lock-in Details: Specified in Annexure I with varying lock-in periods for different tranches

Regulatory Changes

No new regulatory changes introduced. The listing follows existing SEBI circulars:

  • SEBI circular no. CIR/MRD/DP/01/2012 & CIR/MRD/DP/02/2012 dated January 20, 2012 regarding pre-open session for IPO category scrips
  • Exchange Circular No. NSE/CMTR/37202 dated March 14, 2018 regarding continuous market trading

Compliance Requirements

For Exchange Members:

  • Identify the security by its designated codes (Symbol: SHYAMDHANI, ISIN: INE1CRP01016)
  • Trade only in specified lot sizes of 2,000 equity shares
  • Participate in pre-open session for IPO and Other category of scrips
  • Trade within the permissible spread of 10%

For the Company:

  • Registered and Corporate Office: F-438-A, Road No. 12, VKIA, Jaipur - 302013, Rajasthan
  • Company Secretary and Compliance Officer: Ms. Ambika Sharma
  • Financial Year: April 2025 – March 2026

Registrar & Transfer Agents:

  • Bigshare Services Private Limited, Mumbai

Market Maker:

  • Holani Consultants Private Limited, Jaipur

Important Dates

  • Circular Issue Date: December 29, 2025
  • Listing Effective Date: December 30, 2025
  • Trading Commencement: December 30, 2025 in continuous market

Impact Assessment

Market Impact: Limited - This is a routine SME listing on the EMERGE platform affecting only the SME segment. The security will trade in the Trade for Trade Surveillance Segment initially, which requires delivery-based settlement and limits speculative activity.

Investor Impact: Low to Medium - Investors interested in SME stocks can access this security from December 30, 2025. The mandatory lot size of 2,000 shares requires a minimum investment of Rs. 1,40,000 at the issue price (Rs. 70 × 2,000 shares). Lock-in restrictions apply to certain tranches as per Annexure I.

Operational Impact: Minimal - Standard listing procedures apply. The security will be available in pre-open session and continuous trading as per existing regulations. Market makers must maintain spreads within 10%.

Impact Justification

Routine SME listing on EMERGE platform with limited market-wide impact, affects only specific SME segment participants and investors interested in this particular IPO