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Home All IPOs Shri Hare-Krishna Sponge Iron Ltd. IPO
NSE SME Bookbuilding IPO Fresh Capital Closed

Shri Hare-Krishna Sponge Iron Ltd. IPO 2026

Face Value: ₹10  ·  Lot Size: 2,000 shares  ·  Min Investment: ₹118,000
₹59
Issue Price
+₹0
GMP Today
50,70,000 (100.00%)
Total Shares Offered
₹59
Est. Listing
Allotment Status
📅
Open Date
2025-06-24
📅
Close Date
2025-06-26
🎟️
Allotment
2025-06-27
UPI Mandate
2025-06-26
📱
Listing Date
2025-07-01
🔗
Script Code
TBA
Grey Market Premium (GMP)
LIVE
Current GMP
+₹0
+0% vs Issue Price
Estimated Listing: ₹59
Issue Price: ₹59  ·  Lot: 2,000 shares
Expected P&L (1 lot): +₹0 on ₹118,000
GMP is unofficial grey market data. It does not guarantee listing price or returns.
Financial Overview
Amount in Crore
Metric 31 Mar 2025 31 Mar 2024 31 Mar 2023
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
Total Assets 93.16 75.74 58.58
Reserves & Surplus 59.47 50.27 40.10
Total Borrowings 11.39 7.24 0.75
Key Financial Ratios
13.33%
ROE
Return on Equity
14.70%
ROCE
Return on Capital Employed
12.51%
RONW
Return on Net Worth
11.43%
PAT Margin
PAT / Revenue
13.40%
EBITDA Mgn
EBITDA / Revenue
0.15
D/E Ratio
Debt to Equity
1.29
P/BV
Price to Book Value
Issue Details
Total Shares Offered
50,70,000 (100.00%)
Net Offer to Public
48,12,000 shares (aggregating up to ₹28.39 Cr)
Market Maker Reservation
2,58,000 shares (aggregating up to ₹1.52 Cr)
Pre-Issue Shareholding
1,41,21,050 shares%
Post-Issue Shareholding
1,91,91,050 shares%
Issue Price
₹59
Face Value
₹10
Lot Size
2,000 shares
Listing Exchange
NSE SME
Issue Type
Bookbuilding IPO
Objects of Issue
1 Funding of Capital Expenditure requirements of the company towards setup of Captive Power Plant at Siltara – Raipur
2 General Corporate Purpose
Lead Managers
Hem Securities Ltd.
IPO Timeline
Open
2025-06-24
Close
2025-06-26
Allotment
2025-06-27
Listing
2025-07-01
Registrar Details
Kfin Technologies Ltd.
04067162222, 04079611000
shrihare.ipo@kfintech.com
Check Allotment Status
Company Information
Email
cs@shkraipur.com
Phone
+91-9589116050
Address
Flat No 2-D, 2nd Floor, Tower No. 1, Alcove Gloria Municipal Premises No. 403/1, Dakshindari Road, VIP Road,Sreebhumi, Kolkata North 24 Parganas district, West Bengal, 700048
About Shri Hare-Krishna Sponge Iron Ltd.

Incorporated in May 2003, Shri Hare-Krishna Sponge Iron Limited manufactures and sells Sponge Iron.

The manufacturing unit is in Siltara - Raipur, Chhattisgarh, covering 13.45 acres with an annual capacity of 30,000 metric tonnes.

The manufacturing unit holds ISO ISO 9001:2015 for quality, ISO 14001:2015 for environment, and ISO 45001:2018 for occupational safety management.

The company sells its products in Maharashtra, Madhya Pradesh, and Chhattisgarh.

Products:

Sponge Iron: Sponge Iron is the key raw material required to manufacture steel in both induction and electric arc furnaces.

As of April 30, 2025, the company had 92 full-time employees.

Competitive Strengths:

  • In-house manufacturing facility.
  • Stringent quality control mechanisms ensure standardized product quality.
  • Long-standing relationship with our customers.
  • Well-qualified and Experienced Management Team.
Quick Facts
GMP Signal
Bullish 🚀
Status
Closed
Issue Price
₹59
Lot Size
2,000 sh
Est. Listing
₹59
Pre-Issue Hold.
1,41,21,050 shares%
Post-Issue Hold.
1,91,91,050 shares%
Registrar
Kfin Technologies Ltd.
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