{"id":45170,"date":"2025-12-26T18:47:19","date_gmt":"2025-12-26T13:17:19","guid":{"rendered":"https:\/\/dailynewsindia.co.in\/index.php\/2025\/12\/26\/holani-consultants-marks-historic-sme-ipo-structuring-one-of-indias-most-subscribed-issues-with-918x-oversubscription\/"},"modified":"2025-12-26T18:47:19","modified_gmt":"2025-12-26T13:17:19","slug":"holani-consultants-marks-historic-sme-ipo-structuring-one-of-indias-most-subscribed-issues-with-918x-oversubscription","status":"publish","type":"post","link":"https:\/\/dailynewsindia.co.in\/index.php\/2025\/12\/26\/holani-consultants-marks-historic-sme-ipo-structuring-one-of-indias-most-subscribed-issues-with-918x-oversubscription\/","title":{"rendered":"Holani Consultants Marks Historic SME IPO, Structuring One of India\u2019s Most Subscribed Issues with 918x Oversubscription"},"content":{"rendered":"<div>\n<p data-start=\"0\" data-end=\"377\"><strong>Mumbai (Maharashtra) [India], December 25: <\/strong>Holani Consultants Private Limited has achieved an unprecedented milestone in India\u2019s SME capital markets by structuring and executing the most subscribed SME Initial Public Offering of all time. The IPO of <strong data-start=\"239\" data-end=\"273\">Shyam Dhani Industries Limited<\/strong> garnered bids worth over <strong data-start=\"299\" data-end=\"316\">\u20b925,308 crore<\/strong>, with an extraordinary <strong data-start=\"340\" data-end=\"376\">oversubscription of 918.09 times<\/strong>.<\/p>\n<p data-start=\"379\" data-end=\"643\">As the merchant banker for this landmark transaction, Holani Consultants demonstrated exceptional market positioning and execution capabilities, reflecting the firm\u2019s expertise in creating investor confidence and structuring successful capital market transactions.<\/p>\n<p data-start=\"645\" data-end=\"716\">Ashok Holani, Director of Holani Consultants Private Limited, stated:<\/p>\n<blockquote data-start=\"717\" data-end=\"1043\">\n<p data-start=\"719\" data-end=\"1043\"><em data-start=\"719\" data-end=\"1043\">\u201cThis unprecedented response underscores our commitment to excellence in SME capital market transactions and the trust that investors place in our structuring capabilities. We are grateful to all investors, intermediaries, and stakeholders whose collective confidence in our execution made this historic success possible.\u201d<\/em><\/p>\n<\/blockquote>\n<h3 data-start=\"1050\" data-end=\"1083\">Anchor Investor Participation<\/h3>\n<p data-start=\"1085\" data-end=\"1201\">Holani Consultants successfully secured strong anchor investor participation from prominent institutions, including:<\/p>\n<ul data-start=\"1203\" data-end=\"1448\">\n<li data-start=\"1203\" data-end=\"1257\">\n<p data-start=\"1205\" data-end=\"1257\">Small Industries Development Bank of India (SIDBI)<\/p>\n<\/li>\n<li data-start=\"1258\" data-end=\"1305\">\n<p data-start=\"1260\" data-end=\"1305\">Rajasthan Global Securities Private Limited<\/p>\n<\/li>\n<li data-start=\"1306\" data-end=\"1331\">\n<p data-start=\"1308\" data-end=\"1331\">SB Opportunities Fund<\/p>\n<\/li>\n<li data-start=\"1332\" data-end=\"1354\">\n<p data-start=\"1334\" data-end=\"1354\">Saint Capital Fund<\/p>\n<\/li>\n<li data-start=\"1355\" data-end=\"1383\">\n<p data-start=\"1357\" data-end=\"1383\">Meru Investment Fund PCC<\/p>\n<\/li>\n<li data-start=\"1384\" data-end=\"1416\">\n<p data-start=\"1386\" data-end=\"1416\">Mint Focused Growth Fund PCC<\/p>\n<\/li>\n<li data-start=\"1417\" data-end=\"1448\">\n<p data-start=\"1419\" data-end=\"1448\">Holani Venture Capital Fund<\/p>\n<\/li>\n<\/ul>\n<h3 data-start=\"1455\" data-end=\"1517\">A Landmark Moment for Holani Consultants &amp; the SME Markets<\/h3>\n<ul data-start=\"1519\" data-end=\"1588\">\n<li data-start=\"1519\" data-end=\"1553\">\n<p data-start=\"1521\" data-end=\"1553\"><strong data-start=\"1521\" data-end=\"1551\">\u20b925,308+ Crore Procurement<\/strong><\/p>\n<\/li>\n<li data-start=\"1554\" data-end=\"1588\">\n<p data-start=\"1556\" data-end=\"1588\"><strong data-start=\"1556\" data-end=\"1586\">918 Times Oversubscription<\/strong><\/p>\n<\/li>\n<\/ul>\n<p data-start=\"1590\" data-end=\"1650\"><em data-start=\"1590\" data-end=\"1650\">Thank you to investors for their extraordinary confidence.<\/em><\/p>\n<h3 data-start=\"1657\" data-end=\"1685\">Subscription Breakdown<\/h3>\n<p data-start=\"1686\" data-end=\"1714\"><em data-start=\"1686\" data-end=\"1714\">(Excluding Anchor Portion)<\/em><\/p>\n<ul data-start=\"1716\" data-end=\"1886\">\n<li data-start=\"1716\" data-end=\"1774\">\n<p data-start=\"1718\" data-end=\"1774\"><strong data-start=\"1718\" data-end=\"1759\">Qualified Institutional Buyers (QIB):<\/strong> 256.24 times<\/p>\n<\/li>\n<li data-start=\"1775\" data-end=\"1832\">\n<p data-start=\"1777\" data-end=\"1832\"><strong data-start=\"1777\" data-end=\"1815\">Non-Institutional Investors (NII):<\/strong> 1,612.65 times<\/p>\n<\/li>\n<li data-start=\"1833\" data-end=\"1886\">\n<p data-start=\"1835\" data-end=\"1886\"><strong data-start=\"1835\" data-end=\"1869\">Individual Investors (Retail):<\/strong> 1,137.92 times<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"1888\" data-end=\"1974\"><strong data-start=\"1888\" data-end=\"1915\">Total Oversubscription:<\/strong> 918.09 times<br data-start=\"1928\" data-end=\"1931\"><strong data-start=\"1931\" data-end=\"1955\">Total Bids Received:<\/strong> \u20b925,308.16 crore<\/p>\n<p data-start=\"1981\" data-end=\"2239\">This record-breaking achievement reinforces Holani Consultants\u2019 position as a leading merchant banker in India\u2019s SME ecosystem, demonstrating the firm\u2019s ability to structure compelling investment opportunities and execute complex capital market transactions.<\/p>\n<p data-start=\"2241\" data-end=\"2417\">To date, Holani Consultants has successfully assisted <strong data-start=\"2295\" data-end=\"2311\">21 companies<\/strong> in their fundraising journeys, raising more than <strong data-start=\"2361\" data-end=\"2378\">\u20b91,500 crores<\/strong> through equity markets. This includes:<\/p>\n<ul data-start=\"2419\" data-end=\"2549\">\n<li data-start=\"2419\" data-end=\"2443\">\n<p data-start=\"2421\" data-end=\"2443\"><strong data-start=\"2421\" data-end=\"2441\">2 Mainboard IPOs<\/strong><\/p>\n<\/li>\n<li data-start=\"2444\" data-end=\"2499\">\n<p data-start=\"2446\" data-end=\"2499\"><strong data-start=\"2446\" data-end=\"2461\">16 SME IPOs<\/strong> listed on BSE and NSE SME platforms<\/p>\n<\/li>\n<li data-start=\"2500\" data-end=\"2528\">\n<p data-start=\"2502\" data-end=\"2528\"><strong data-start=\"2502\" data-end=\"2526\">2 Private Placements<\/strong><\/p>\n<\/li>\n<li data-start=\"2529\" data-end=\"2549\">\n<p data-start=\"2531\" data-end=\"2549\"><strong data-start=\"2531\" data-end=\"2549\">1 Rights Issue<\/strong><\/p>\n<\/li>\n<\/ul>\n<h3 data-start=\"2556\" data-end=\"2584\">About Holani Consultants<\/h3>\n<p data-start=\"2586\" data-end=\"2968\" data-is-last-node=\"\" data-is-only-node=\"\">Holani Consultants Private Limited is a <strong data-start=\"2626\" data-end=\"2672\">SEBI-registered Category 1 Merchant Banker<\/strong> based in Jaipur. Licensed in 2018, the firm is actively engaged in valuations, SME IPO structuring and execution, and other corporate action services. Holani Consultants has established itself as a trusted advisor in India\u2019s capital markets with a strong track record of successful transactions.<\/p>\n<p data-start=\"2586\" data-end=\"2968\" data-is-last-node=\"\" data-is-only-node=\"\"><em>If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai (Maharashtra) [India], December 25: Holani Consultants Private Limited has achieved an unprecedented milestone in India\u2019s SME capital markets by structuring and executing the most subscribed SME Initial Public Offering of all time. The IPO of Shyam Dhani Industries Limited garnered bids worth over \u20b925,308 crore, with an extraordinary oversubscription of 918.09 times. As the&#8230;<\/p>\n<p class=\"more-link-wrap\"><a href=\"https:\/\/dailynewsindia.co.in\/index.php\/2025\/12\/26\/holani-consultants-marks-historic-sme-ipo-structuring-one-of-indias-most-subscribed-issues-with-918x-oversubscription\/\" class=\"more-link\">Read More<span class=\"screen-reader-text\"> &ldquo;Holani Consultants Marks Historic SME IPO, Structuring One of India\u2019s Most Subscribed Issues with 918x Oversubscription&rdquo;<\/span> &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":45171,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[54],"class_list":["post-45170","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts\/45170","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/comments?post=45170"}],"version-history":[{"count":0,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts\/45170\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/media\/45171"}],"wp:attachment":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/media?parent=45170"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/categories?post=45170"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/tags?post=45170"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}