Shri Kanha Stainless
NSE SME₹2,88,000 / Individual : 3200 Shares
IPO Live Subscription Details
| Category | Subscription (Times) |
|---|---|
| Date | 05 Dec 2025, 05:57 PM |
| NII | 0.63 times |
| Total | 2.82 times |
Shri Kanha Stainless IPO Details
The Shri Kanha Stainless IPO price band is set between ₹90 per equity share, with a face value of ₹10 per share. The issue is managed by MAS Services Limited, and the equity shares are proposed to be listed on the NSE SME.
The IPO date for subscription opens on 3 Dec, 2025 and closes on 5 Dec, 2025. Investors can check the allotment status on 8 Dec, 2025, while the listing date is tentatively scheduled for 10 Dec, 2025.
The total issue size is 51,42,400 shares, aggregating up to ₹46.28 crore. Stay tuned for the latest Shri Kanha Stainless IPO review and GMP updates.
Shri Kanha Stainless IPO Review, Rating & Analysis
Shri Kanha Stainless IPO Review
NO REVIEWShri Kanha Stainless IPO Rating
Shri Kanha Stainless IPO Highlights
IPO Date
Dec 3, 2025 - Dec 5, 2025
Listing Date
10 Dec, 2025
Face Value
₹10 Per Equity Share
Price Band
₹90 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE SME
Shri Kanha Stainless IPO Lot Size
The minimum market lot for Shri Kanha Stainless IPO is 3200 shares with an application amount of ₹2,88,000. Retail investors can apply for up to 0 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| 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 Timeline
Issue Price
₹90 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
MAS Services LimitedLead Manager
Kreo Capital Pvt.LtdIssue Size
51,42,400 shares(aggregating up to ₹46.28 crore)Shri Kanha Stainless IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30-Sep-25 | 116.34 | 110.30 | 4.26 | 16.03 | 5.59 | 56.02 |
| 31-Mar-25 | 106.13 | 146.39 | 5.79 | 12.16 | 11.29 | 50.98 |
| 31-Mar-24 | 80.25 | 131.00 | 2.60 | 6.37 | 5.50 | 53.94 |
| 31-Mar-23 | 57.03 | 136.47 | 0.72 | 3.77 | 2.90 | 40.36 |
In Cr.
Shri Kanha Stainless IPO Reservation Details
| Investor Category | Shares Offered | % Shares |
|---|---|---|
| Market Maker Shares Offered | 259200 | 5.04% |
| NII (HNI) Shares Offered | 2441600 | 47.48% |
| Individual Shares Offered | 2441600 | 47.48% |
| Total Shares Offered | 5142400 | 100% |
Shri Kanha Stainless IPO Valuations
EPS Pre IPO
₹5.55/-EPS Post IPO
₹5.46/-PE Pre IPO
16.23PE Post IPO
16.47ROE
47.61%ROCE
19.20%Debt Equity
4.19RoNW
47.61%PAT Margin
3.97%Price to Book Value
7.73Promoters & Share Holding
Promoter(s) Name
- Mr. Jai Bhagwan Agarwal
- Mrs. Kavita Agarwal
- Mr. Shashank Agrawal
- Ms. Neha Agarwal
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 100% | 67% |
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 Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 24,41,600 | <span>
24,41,600
</span> | 48,83,200 | |
Day 103-12-25 06:00 PM | 0.25 x | <span>
0.55
x
</span> | 0.40 x | |
Day 204-12-25 06:00 PM | 0.38 x | <span>
3.22
x
</span> | 1.80 x | |
Day 305-12-25 06:00 PM | 0.61 x | <span>
4.91
x
</span> | 2.82 x |
Retail:4.91x
BHNI:0x
SHNI:0x
Shri Kanha Stainless IPO - Issue Objectives & Utilisation of proceeds
| Objectives | Amount |
|---|---|
| Upgradation of existing manufacturing facility by installation of 1150 mm 4- Hi AGC Reversible Rolling Machine | - |
| Repayment/pre-payment, in part, of certain secured and unsecured borrowing availed by the Company | - |
| Funding of Working Capital Requirement of the Company | - |
| General corporate purposes | - |
Company Contact Details
Shri Kanha Stainless
Plot No. 70-B Unit No. 401-402, 4th Floor Trimurty Prime Tower, Nirwaroo Road, Jhotwara, Jaipur, Rajasthan, 302012Registrar Contact Details
Mas Services Limited
Frequently Asked Questions about Shri Kanha Stainless IPO
When will Shri Kanha Stainless IPO open for subscription?
The Shri Kanha Stainless IPO opens on 3 Dec, 2025 and closes on 5 Dec, 2025.
What is the investors portion for Shri Kanha Stainless IPO?
The investors' portion for QIB is 0.61 x, NII is 4.91 x, and Retail is .
How to apply for Shri Kanha Stainless IPO?
You can apply for Shri Kanha Stainless IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Shri Kanha Stainless IPO?
The issue size of Shri Kanha Stainless IPO is approx ₹51,42,400 shares(aggregating up to ₹46.28 crore) crores.
What is the price band of Shri Kanha Stainless IPO?
The price band for Shri Kanha Stainless IPO is ₹90 per equity share to ₹undefined.
What is the lot size of Shri Kanha Stainless IPO?
The minimum bid (lot size) for Shri Kanha Stainless IPO is 1600 shares with an investment of approx ₹2,88,000 .
What is the allotment date of Shri Kanha Stainless IPO?
The allotment date for Shri Kanha Stainless IPO is 8 Dec, 2025.
What is the listing date of Shri Kanha Stainless IPO?
The listing date for Shri Kanha Stainless IPO is expected to be 10 Dec, 2025.
What is the GMP of Shri Kanha Stainless IPO?
The latest Grey Market Premium (GMP) for Shri Kanha Stainless IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.