Shri Hare-Krishna Sponge Iron Limited IPO
NSE SMEListed On: Jul 1, 2025 at ₹ 64.8
₹ 236000
/4000 Shares
*Min Investment
24 Jun, 2025
Open Date26 Jun, 2025
Close Date27 Jun, 2025
Allotment Date01 Jul, 2025
Listing DateShri Hare-Krishna Sponge Iron IPO Issue Details
- Issue Price ₹56-59 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 50,70,000 shares(aggregating up to ₹29.91 crore)
- Fresh Share 50,70,000 shares(aggregating up to ₹29.91 crore)
- Listing at NSE SME
- List Price 64.8
- Listing Date 2025-07-01
- Lead Manager Hem Securities Limited
- Registrar Kfin Technologies Limited
Market Lot Size
Investors can bid for a minimum of 2000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 2000 | ₹1,18,000 |
| Retail(max) | 1 | 2000 | ₹1,18,000 |
| NII (min) | 2 | 4,000 | ₹2,36,000 |
Shri Hare-Krishna Sponge Iron IPO Reservation
Shri Hare-Krishna Sponge Iron IPO offers total 32,64,000 shares. Out of which NA (18.97%) allocated to QIB, 4,65,600 (14.26%) allocated to NII,10,86,400 (33.28%) allocated to RII, NA (NA%) allocated to employees and NA (28.43%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | NA (28.43%) | |
| Market Maker Shares Offered | NA (5.05%) | |
| QIB Shares Offered | NA (18.97%) | |
| NII (HNI) Shares Offered | 4,65,600 (14.26%) | |
| Retail Shares Offered | 10,86,400 (33.28%) | |
| Total Shares Offered | 32,64,000 (100%) |
Shri Hare-Krishna Sponge Iron IPO Details
Shri Hare-Krishna Sponge Iron Limited IPO is an SME IPO, priced at ₹56-59 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 50,70,000 equity shares, aggregating up to ₹29.91 crores..
The IPO bidding window is open from Jun 24, 2025 to Jun 26, 2025. The allotment is expected to be finalized on Jun 27, 2025, and the tentative listing date is Jul 1, 2025.
The minimum lot size for Retail investors is 2000 shares, with a minimum investment of ₹1,18,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,36,000.
Hem Securities Limited is acting as the lead manager to the issue. The registrar of the IPO is Kfin Technologies Limited, and
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Shri Hare-Krishna Sponge Iron IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 9,62,000 / 7,24,000 | 16,86,000 | 33,72,000 |
|
Day 1
24-06-25 06:00 PM
|
1.76 / 0.17 x | 0.26 x | 0.67 x |
|
Day 2
25-06-25 06:00 PM
|
1.76 / 1.60 x | 0.57 x | 1.13 x |
|
Day 3
26-06-25 06:00 PM
|
10.97 / 10.44 x | 3.10 x | 6.92 x |
Shri Hare-Krishna Sponge Iron Valuations
Shri Hare-Krishna Sponge Iron Company Financials
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 75.74 | 58.58 | 47.92 |
| Revenue | 84.93 | 95.25 | 82.91 |
| Profit After Tax | 10.17 | 10.53 | 8.94 |
| Net Worth | 64.39 | 54.22 | 43.69 |
| Reserves & Surplus | 50.27 | 40.1 | 29.57 |
| Total Borrowing | 7.24 | 0.75 | 0.75 |
About Shri Hare-Krishna Sponge Iron Company
Incorporated in May 2003, Shri Hare-Krishna Sponge Iron Limited produces and markets Sponge Iron.
Its manufacturing unit is situated in Siltara - Raipur, Chhattisgarh, on an area of 13.45 acres with an annual capacity of 30,000 metric tonnes.
Its manufacturing unit is certified with ISO ISO 9001:2015 for quality, ISO 14001:2015 for environment, and ISO 45001:2018 for occupational safety management.The company markets its products in Maharashtra, Madhya Pradesh and Chhattisgarh.
As of June 30, 2024, the company employed 79 full-time employees and 24 contract employees.
Shri Hare-Krishna Sponge Iron - Promoter(s)
Anita Tradelinks Private Limited
Buxom Trexim Private Limited
Shyam Sunder Parasrampuria
Manoj Parasrampuria
Manish Parasrampuria
Pre Issue Share Holding : 100%
Post Issue Share Holding : 73.58%
Shri Hare-Krishna Sponge Iron IPO - Issue Objectives
Funding of Capital Expenditure requirements of the company towards setup of Captive Power Plant at Siltara – Raipur
General Corporate Purpose
Contact Details
Shri Hare-Krishna Sponge Iron
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
+91-9589116050
Registrar Contact Details
Kfin Technologies Limited
04067162222, 04079611000
Shri Hare-Krishna Sponge Iron IPO - FAQs
Ans. Shri Hare-Krishna Sponge Iron Limited IPO is a SME IPO. The issue is priced at ₹56-59 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Jun 24, 2025, and closes on Jun 26, 2025. Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Shri Hare-Krishna Sponge Iron Limited IPO opens on Jun 24, 2025 and closes on Jun 26, 2025.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Shri Hare-Krishna Sponge Iron Limited IPO is 50,70,000 shares(aggregating up to ₹29.91 Cr).
Ans. The Shri Hare-Krishna Sponge Iron Limited IPO price band is set between ₹56-59 per equity share.
Ans. To apply for Shri Hare-Krishna Sponge Iron Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Shri Hare-Krishna Sponge Iron Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Shri Hare-Krishna Sponge Iron Limited IPO is Jun 27, 2025.
Ans. The Shri Hare-Krishna Sponge Iron Limited IPO will be listed on Jul 1, 2025.
Ans. Follow the steps to check the Shri Hare-Krishna Sponge Iron Limited IPO allotment status online.
