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Shri Hare-Krishna Sponge Iron Limited IPO Details – Price, Date, GMP & Analysis
Listed
SME
Price Range:
Rs.59.00
Issue Size:
Rs.29.91 Cr
Lot Size:
2000 shares
Open Date:
June 24
Shri Hare-Krishna Sponge Iron Limited IPO Overview
Bidding Dates
June 24 - June 26
Min Investment
₹118,000
Price Range
₹59.00
Issue Size
₹29.91 Cr
IPO DRHP Doc
Company Overview
Shri Hare-Krishna Sponge Iron Limited, incorporated in May 2003, manufactures and sells Sponge Iron from its facility in Siltara - Raipur, Chhattisgarh. The manufacturing unit spans 13.45 acres with an annual capacity of 30,000 metric tonnes and holds several ISO certifications for quality and safety. The company distributes its products primarily in Maharashtra, Madhya Pradesh, and Chhattisgarh. As of April 30, 2025, it employs 92 full-time staff.
IPO Timeline
Opens
Jun 24
Closes
Jun 26
Allotment
Jun 27
Refunds
Jun 30
Shares Credit
Jun 30
Listing
Jul 1
Opens
Jun 24
Closes
Jun 26
Allotment
Jun 27
Refunds
Jun 30
Shares Credit
Jun 30
Listing
Jul 1
Latest Subscription Data
| Category | Subscription | Status |
|---|---|---|
| QIB (Qualified Institutional Buyers) | 10.97x | Oversubscribed |
| NII (Non-Institutional Investors/HNI) | 10.09x | Oversubscribed |
| RII (Retail Individual Investors) | 3.10x | Oversubscribed |
| Total Subscription | 6.84x | Oversubscribed |
Last updated: Jun 26, 2025, 06:21 PM
Current GMP:
No Premium
Est. Listing:
Rs.59
Est. Gain:
0%
Star Rating:
★★★★★(1/5)
Financial Information
Financial Data Table
Detailed breakdown of financial metrics across years
| Financial Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Assets | ₹93.16 Cr | ₹75.74 Cr | ₹58.58 Cr |
| EBITDA | ₹10.78 Cr | ₹12.11 Cr | ₹13.97 Cr |
| Net Worth | ₹73.59 Cr | ₹64.39 Cr | ₹54.22 Cr |
| Profit After Tax | ₹9.2 Cr | ₹10.17 Cr | ₹10.53 Cr |
| Reserves and Surplus | ₹59.47 Cr | ₹50.27 Cr | ₹40.1 Cr |
| Revenue | ₹83.6 Cr | ₹84.93 Cr | ₹95.25 Cr |
| Total Borrowing | ₹11.39 Cr | ₹7.24 Cr | ₹0.75 Cr |
Financial data is visualized in the chart above
Strengths & Risks Analysis
Key Strengths
Competitive advantages and positive aspects
- In-house manufacturing facility
- Stringent quality control mechanisms ensure standardised product quality.
- Long-standing relationship with customers.
- Well-qualified and well-experienced management team.
IPO Details
Shri Hare-Krishna Sponge Iron IPO Details
| Face Value | ₹10 per share |
| IPO Date | June 24, 2025 to June 26, 2025 |
| Issue Price | ₹59 per share |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Listing Date | July 1, 2025 |
| Lot Size | 2,000 Shares |
| Net Offered to Public | 48,12,000 shares (aggregating up to ₹28.39 Cr) |
| Sale Type | Fresh Capital |
| Share Holding Post Issue | 1,91,91,050 shares |
| Share Holding Pre Issue | 1,41,21,050 shares |
| Total Issue Size | 50,70,000 shares (aggregating up to ₹29.91 Cr) |
Shri Hare-Krishna Sponge Iron IPO Reservation
Share Reservation Distribution
QIB
2,402,000 shares (45.08%)
Retail
1,686,000 shares (31.64%)
Anchor Investors
1,440,000 shares (27.03%)
QIB (Ex-Anchor)
962,000 shares (18.06%)
HNI (NII)
724,000 shares (13.59%)
Market Maker
258,000 shares (4.84%)
Shri Hare-Krishna Sponge Iron IPO Promoter Holding
| Share Holding Post Issue | 73.58% |
| Share Holding Pre Issue | 100% |
Shri Hare-Krishna Sponge Iron IPO Listing Details
| ₹59 per share |
| INE0NON01025 |
| July 1, 2025 |
| SHKSIL |
Key Dates
Open Date:June 24
Close Date:June 26
Listing Date:July 1
