Shyam Dhani Industries Raises ₹11 Cr from Anchor Investors Ahead of IPO Launch

• Spice manufacturer Shyam Dhani Industries secured ₹10.9 crore from anchor investors before its IPO.
• The IPO is scheduled to open on December 22 and close on December 24, with shares priced at ₹65-70.
• Seven entities, including SIDBI, Rajasthan Global Securities, Cent Capital Fund, and SB Opportunity Fund, were allotted 15.60 lakh equity shares at ₹70 each.
• Anchor investor participation is viewed as a strong signal of confidence in the company's business model and financials.
• The IPO is on the SME platform, reflecting increasing activity and investor interest in this segment.

Why It Matters: Anchor investors boost confidence in Shyam Dhani Industries' ₹10.9 Cr IPO opening December 22.