Shri Kanha Stainless Ltd. IPO Details – Price, Date, GMP & Analysis
Shri Kanha Stainless Ltd. IPO Overview
Company Overview
Shri Kanha Stainless Limited, incorporated in July 2015, specializes in manufacturing precision stainless steel cold rolled strips for various industries, including textiles, automotive, and chemicals. The company produces stainless steel coils in 200, 300, and 400 series, with thicknesses from 0.08 mm to 2.00 mm, and has a manufacturing capacity of 14,000 MTPA. Its product portfolio is accredited with multiple certifications, including ISO 9001: 2015. The manufacturing unit is located in Sikar, Rajasthan, and as of November 25, 2025, the company has an order book of Rs 1,273.49 Lakhs.
IPO Timeline
Timeline information will be updated when available.
Latest Subscription Data
| Category | Subscription | Status |
|---|---|---|
| QIB (Qualified Institutional Buyers) | Undersubscribed | |
| NII (Non-Institutional Investors/HNI) | 0.61x | Partially Subscribed |
| RII (Retail Individual Investors) | 4.91x | Oversubscribed |
| Total Subscription | 2.81x | Oversubscribed |
Last updated: Dec 5, 2025, 06:21 PM
Financial Information
Financial information will be available when the company releases its DRHP.
Strengths & Risks Analysis
Key Risks
Potential challenges and risk factors
- High dependence on external raw material suppliers.
- Exposure to fluctuations in steel prices and market demand.
- Significant working capital requirements may affect liquidity.
- Competition from organised and unorganised steel manufacturers.
- Businesses are sensitive to economic cycles and industry downturns.
IPO Details
Detailed information will be available closer to the IPO launch date.
Key Dates
