Shri Kanha Stainless
NSE SMEGMP is market estimated & subject to change. Not a guaranteed listing price.
Shri Kanha Stainless IPO Issue Details
| Issue Price | ₹90 per equity share |
| Face Value | ₹10 Per Equity Share |
| Total Issue Size | 51,42,400 shares(aggregating up to ₹46.28 crore) |
| Fresh Share | N/A |
| Offer For Sale | N/A |
| Listing at | NSE SME |
| List Price | 88 (NSE SME) |
| Listing Date | 2025-12-10 |
| Lead Manager | Kreo Capital Pvt.Ltd |
| Registrar | MAS Services Limited |
Shri Kanha Stainless IPO Live Subscription
Last Updated: 06 Dec, 09:42Total Subscription
2.82 x
Based on live data from BSE/NSE
Shri Kanha Stainless IPO Subscription Analysis And Details
| Day / Date | QIB | NII (HNI) bNII (>10L) sNII (<10L) | Retail | Total |
|---|---|---|---|---|
| Shares Offered reserved quota | 24,41,600 | 24,41,600 16,27,733 8,13,866 | - | 48,83,200 |
Day 13 Dec 2025 | 0.25 xx | 0.55 - - | -x | 0.40 xx |
Day 24 Dec 2025 | 0.38 xx | 3.22 - - | -x | 1.80 xx |
Day 35 Dec 2025 | 0.61 xx | 4.91 - - | -x | 2.82 xx |
Total Applications
3,919
Retail Subscription
Shri Kanha Stainless IPO Financial Scorecard
Shri Kanha Stainless IPO Peer Comparison
Shri Kanha Stainless IPO Financial Results
| Metric | 30-Sep-25 | 31-Mar-25 | 31-Mar-24 | 31-Mar-23 |
|---|---|---|---|---|
| Assets | 116.34 | 106.13 | 80.25 | 57.03 |
| Revenue | 110.30 | 146.39 | 131.00 | 136.47 |
| Profit After Tax | 4.26 | 5.79 | 2.60 | 0.72 |
| Net Worth | 16.03 | 12.16 | 6.37 | 3.77 |
| Reserves & Surplus | 5.59 | 11.29 | 5.50 | 2.90 |
| Total Borrowing | 56.02 | 50.98 | 53.94 | 40.36 |
* In Cr.
IPO Timeline
IPO Open
3 Dec 2025
IPO Close
5 Dec 2025
Allotment
8 Dec 2025
Refunds
9 Dec 2025
Demat Credit
10 Dec 2025
Listing
10 Dec 2025
IPO Open
3 Dec 2025
IPO Close
5 Dec 2025
Allotment
8 Dec 2025
Refunds
9 Dec 2025
Demat Credit
10 Dec 2025
Listing
10 Dec 2025
Shri Kanha Stainless IPO Lot Size & Application
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3200 | ₹2,88,000 |
| Retail (Max) | 0 | 0 | ₹0 |
| S-HNI (Min) | 1 | 3200 | ₹2,88,000 |
| S-HNI (Max) | 3 | 9600 | ₹8,64,000 |
| B-HNI (Min) | 4 | 12800 | ₹11,52,000 |
Shri Kanha Stainless IPO About Company
Incorporated in July 2015, Shri Kanha Stainless Limited specializes in the manufacture of precision stainless steel cold-rolled strips in a wide variety of thin and ultra-thin thicknesses to cater to diverse industrial needs.
Its products are utilized in industries like textiles, automobiles, chemicals, and in applications related to flexible and capillary tubes, clocks, watches, and electrical equipment.
The company manufactures stainless steel coils in 200, 300, and 400 series, with thickness varying from 0.08 mm to 2.00 mm. Slitting starts at 5 mm, available in hard and soft tempers depending upon the customer's requirement. Production capacity: 14,000 MTPA.
The company's product portfolio consists of:
Cold Rolling of Stainless-Steel Precision Strips.
Stainless Steel Circle.
Stainless Steel Sheet.
It is accredited with ISO 9001:2015, ISI certification 15997:2012 for Low Nickel Austenitic Stainless-Steel Sheet for utensils and appliances, IS 5522:2014 and IS 6911:2017 for stainless steel sheets, strips, and plates.The manufacturing unit of the company is situated in Sikar, Rajasthan. As on Nov 25, 2025, it has an order book of Rs 1,273.49 Lakhs.
Shri Kanha Stainless IPO Share Holding
Pre Issue
100%
Post Issue
67%
Promoters
Shri Kanha Stainless IPO Where is the money going?
- 1
Upgradation of existing manufacturing facility by installation of 1150 mm 4- Hi AGC Reversible Rolling Machine
- 2
Repayment/pre-payment, in part, of certain secured and unsecured borrowing availed by the Company
- 3
Funding of Working Capital Requirement of the Company
- 4
General corporate purposes
COMPANY
Shri Kanha Stainless
Plot No. 70-B Unit No. 401-402, 4th Floor Trimurty Prime Tower, Nirwaroo Road, Jhotwara, Jaipur, Rajasthan, 302012
PHONE
+91 925 704 3976
REGISTRAR
Mas Services Limited
Common Questions
To decide on investing in Shri Kanha Stainless, consider its financial health. The company reported a revenue of {"30-Sep-25": "110.30", "31-Mar-25": "146.39", "31-Mar-24": "131.00", "31-Mar-23": "136.47"} and a profit after tax of {"30-Sep-25": "4.26", "31-Mar-25": "5.79", "31-Mar-24": "2.60", "31-Mar-23": "0.72"}. It has a P/E ratio of 16.23 and a RoNW of 47.61%%. Always review the RHP and consult a financial advisor before investing.
Based on the latest Grey Market Premium (GMP) of ₹0, the expected listing price is around ₹90 per share. This suggests a potential listing gain of approx 2.22%%. (Note: GMP is volatile and not a guarantee).
The IPO opens for subscription on 3 Dec, 2025 and closes on 5 Dec, 2025. The allotment status will be finalized by 8 Dec, 2025, and listing is expected on 10 Dec, 2025.
Retail investors need to apply for a minimum of 1 lot (1600 shares) which requires an investment of ₹1,44,000. For HNI investors, the minimum investment is 2 lots (3200 shares) amounting to ₹2,88,000.
You can check the allotment status on the registrar's website (MAS Services Limited) or via the BSE/NSE website once the allotment is finalized on 8 Dec, 2025.
The price band for Shri Kanha Stainless IPO is set at ₹90 to ₹90 per share.
The minimum market lot (lot size) for Shri Kanha Stainless IPO is 1600 shares. Retail investors can apply for up to 1 lots (1600 shares or ₹1,44,000).
The issue is divided into categories: Qualified Institutional Buyers (QIB) get N/A%, Non-Institutional Investors (NII/HNI) get N/A%, and Retail investors are allocated N/A% of the shares.