Shri Hare-Krishna Sponge Iron Limited IPO Details – Price, Date, GMP & Analysis
Shri Hare-Krishna Sponge Iron Limited IPO Overview
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
Open Date
Tue, Jun 24, 2025
CompletedClose Date
Thu, Jun 26, 2025
CompletedAllotment
Fri, Jun 27, 2025
CompletedRefund Process
Mon, Jun 30, 2025
CompletedCredit to Demat
Mon, Jun 30, 2025
CompletedListing Date
Tue, Jul 1, 2025
CompletedSubscription Status
View Subscription DetailsLatest 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: Invalid Date
Grey Market Premium (GMP)
View GMP AnalysisFinancial Information
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 93.16 | 75.74 | 58.58 |
| Revenue | 83.60 | 84.93 | 95.25 |
| Profit After Tax | 9.20 | 10.17 | 10.53 |
| EBITDA | 10.78 | 12.11 | 13.97 |
| Net Worth | 73.59 | 64.39 | 54.22 |
| Reserves and Surplus | 59.47 | 50.27 | 40.10 |
| Total Borrowing | 11.39 | 7.24 | 0.75 |
IPO Details
Shri Hare-Krishna Sponge Iron IPO Details
| IPO Date | June 24, 2025 to June 26, 2025 |
| Listing Date | July 1, 2025 |
| Face Value | ₹10 per share |
| Issue Price | ₹59 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 50,70,000 shares (aggregating up to ₹29.91 Cr) |
| Net Offered to Public | 48,12,000 shares (aggregating up to ₹28.39 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,41,21,050 shares |
| Share Holding Post Issue | 1,91,91,050 shares |
Shri Hare-Krishna Sponge Iron IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 2,58,000 (4.84%) |
| QIB Shares Offered | 24,02,000 (45.08%) |
| − Anchor Investor Shares Offered | 14,40,000 (27.03%) |
| − QIB (Ex. Anchor) Shares Offered | 9,62,000 (18.06%) |
| NII (HNI) Shares Offered | 7,24,000 (13.59%) |
| Retail Shares Offered | 16,86,000 (31.64%) |
| Total Shares Offered | 53,28,000 (100.00%) |
Shri Hare-Krishna Sponge Iron IPO Timeline (Tentative Schedule)
| IPO Open Date | Tue, Jun 24, 2025 |
| IPO Close Date | Thu, Jun 26, 2025 |
| Tentative Allotment | Fri, Jun 27, 2025 |
| Initiation of Refunds | Mon, Jun 30, 2025 |
| Credit of Shares to Demat | Mon, Jun 30, 2025 |
| Tentative Listing Date | Tue, Jul 1, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on June 26, 2025 |
Shri Hare-Krishna Sponge Iron IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹1,18,000 |
| Retail (Max) | 1 | 2000 | ₹1,18,000 |
| HNI (Min) | 2 | 4,000 | ₹2,36,000 |
Shri Hare-Krishna Sponge Iron IPO Promoter Holding
| Share Holding Pre Issue | 100% |
| Share Holding Post Issue | 73.58% |
Shri Hare-Krishna Sponge Iron IPO Listing Details
| July 1, 2025 |
| SHKSIL |
| INE0NON01025 |
| ₹59 per share |
How to Apply for Shri Hare-Krishna Sponge Iron Limited IPO
To apply for the Shri Hare-Krishna Sponge Iron Limited IPO, you need a demat account with any SEBI-registered broker, PAN card, and UPI or bank account for payment.
Application Process
- Log into your broker's platform or app
- Navigate to IPO section and select Shri Hare-Krishna Sponge Iron Limited IPO
- Enter bid quantity (minimum 2000 shares)
- Choose cut-off price or enter specific price
- Make payment via UPI or ASBA
- Submit application before June 26
Required Documents
- Active demat account
- PAN card
- Bank account linked to demat
- UPI ID for payment
- Valid mobile number and email
Minimum Investment: ₹118,000(approx. based on lower price band)
Key Dates
Shri Hare-Krishna Sponge Iron Limited IPO Allotment Details
Allotment Timeline
How to Check Allotment
- • Visit registrar's official website
- • Enter PAN or application number
- • Check through broker's platform
- • Use our universal allotment tracker
Tip: Shri Hare-Krishna Sponge Iron Limited IPO allotment status will be available approximately 2-3 days after the issue closes. Successful applicants will receive shares in their demat account before listing.