What are the open and close dates of the Shri Hare-Krishna Sponge Iron IPO ?

Shri Hare-Krishna Sponge Iron IPO will be open between 2025-06-24 and 2025-06-26.

What is the allotment date for the Shri Hare-Krishna Sponge Iron IPO ?

Shri Hare-Krishna Sponge Iron IPO allotment date is 2025-06-30. For Shri Hare-Krishna Sponge Iron IPO allotment status check, you can visit the website of the registrar of the IPO.

Who is the registrar of Shri Hare-Krishna Sponge Iron IPO ?

For Shri Hare-Krishna Sponge Iron IPO, the IPO registrar is KFIN TECHNOLOGIES LIMITED. You can check Shri Hare-Krishna Sponge Iron IPO allotment status on the website of the registrar.

Where is the Shri Hare-Krishna Sponge Iron IPO getting listed?

The shares are proposed to be listed on the BSE and NSE.

When will Shri Hare-Krishna Sponge Iron IPO shares be credited to your demat account?

The Shri Hare-Krishna Sponge Iron IPO shares will typically be credited to your demat account one working day before the IPO's listing date, provided your application is successfully allotted.

What is the lot size and minimum order quantity of the Shri Hare-Krishna Sponge Iron IPO ?

The Shri Hare-Krishna Sponge Iron IPO lot size is 2000 and minimum order quantity is 2000.

What is the price band for the Shri Hare-Krishna Sponge Iron IPO ?

Shri Hare-Krishna Sponge Iron IPO has set the price band for its IPO at 59 per equity share with a face value of 10.

4.62x

subscribed

Shri Hare-Krishna Sponge Iron IPO

Metal - Ferrous

listed

₹1.12LMin. investment

Pre-apply
23 Jun
Bid start
24 Jun
Bid end
26 Jun
Allotment
27 Jun
Release of funds
30 Jun
Demat transfer
30 Jun
Listing
1 Jul

Shri Hare-Krishna Sponge Iron Limited IPO Details

Issue size

₹29Cr

IPO type

SME

Market Cap

₹113.23CrHigher than sector avg

Price range

₹56.00 – ₹59.00

Listing ExchangeNSE

RevenueApr 2024 - Mar 2025

₹80.47CrHigher than sector avg

Lot size

2000 shares

Red Herring Prospectus

Read

Growth rate3Y CAGR

-7.60%

SectorMetal - Ferrous

Price range₹56.00 – ₹59.00

IPO type

SME

Lot size2000 shares

Issue size₹29Cr

Red Herring Prospectus

Read

Market Cap

₹113.23CrHigher than sector avg

RevenueApr 2024 - Mar 2025

₹80.47CrHigher than sector avg

Growth rate3Y CAGR

-7.60%

Checklist

Quality analysis

Revenue growth

Company valuation

Earnings expansion

Risk analysis

Debt to Equity ratio

Promoter holdings

Shares pledged

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

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Revenue

Higher revenue means strong sales and good market demand

This IPO

₹80.47Cr

This sector

₹51.15Cr

Compare with companies

PAT

Higher PAT means strong profitability and efficient cost management

This IPO

₹9.19Cr

This sector

₹1.42Cr

Compare with companies

Market cap

Higher market cap means strong confidence but may suggest overvaluation

This IPO

₹113.23Cr

This sector

₹88.06Cr

Compare with companies

P/E ratio

Lower ratio usually means stock is undervalued

This IPO

9.06

This sector

41.05

Compare with companies

D/E ratio

Lower ratio usually means fewer liabilities

This IPO

0.15

This sector

0.25

Compare with companies

Objectives

Capital expenditure requirements

81.00%

General corporate purposes

18.90%

About Shri Hare-Krishna Sponge Iron Limited

Incorporated in 2003, Shri Hare-Krishna Sponge Iron manufactures sponge iron for steel production in electric arc and induction furnaces. The company achieved 85% capacity utilisation in FY25, producing 25,627 MT against 30,000 MT annual capacity. Revenue composition includes sponge iron at 95.67%, iron ore fines at 2.86%, and dolochar at 1.02%. The company operates from Raipur with strategic proximity to raw material sources, reducing logistics costs. It serves Maharashtra, Madhya Pradesh, and Chhattisgarh markets through steel chamber brokers with 92 employees.

Shri Hare-Krishna Sponge Iron IPO Subscription Status

Date	QIB	NII	Retail	Total
24-Jun-25	1.76 times (X)	0.0 times (X)	0.25 times (X)	0.63 times (X)
25-Jun-25	1.76X	0.0X	0.56X	0.78X
26-Jun-25	10.97X	0.0X	2.97X	4.62X

Frequently asked questions

How to invest in the Shri Hare-Krishna Sponge Iron IPO ?

Investors can apply for the Shri Hare-Krishna Sponge Iron IPO through their Demat account via the stock exchange or through their broker.

What is the issue size of Shri Hare-Krishna Sponge Iron IPO ?

The issue size of the Shri Hare-Krishna Sponge Iron IPO is 29 Cr.

What is 'pre-apply' for Shri Hare-Krishna Sponge Iron IPO ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will Shri Hare-Krishna Sponge Iron IPO shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.