Shyam Dhani Industries Shares Soar 90% on Bumper Market Debut

• Shyam Dhani Industries shares debuted at Rs 133 on NSE Emerge, a 90% premium over its Rs 70 SME IPO price.
• The company achieved a market capitalization of Rs 282 crore on its listing day.
• The IPO, which raised Rs 38.48 crore, was oversubscribed 918 times, showing strong investor interest.
• Retail investors subscribed 1,138 times, NIIs 1,613 times, and QIBs 256.2 times.
• IPO proceeds will fund working capital, marketing, new machinery, a solar plant, and debt reduction.

Why It Matters: Shyam Dhani Industries made a strong market debut with a 90% premium, reflecting robust investor confidence.