Shri Kanha Stainless IPO
Shri Kanha Stainless is an NSE SME IPO listed on the NSE SME platform, priced at ₹90 per share. The stock debuted at ₹88. The IPO had a lot size of ₹1600 shares and a minimum investment of ₹2,88,000.
Shri Kanha Stainless Limited IPO
- IPO Dates
- Dec 3, 2025 – Dec 5, 2025
- Price band
- ₹90 per equity share
- Minimum Investment
- ₹2,88,000
- Issue size
- ₹46.28 Cr
- Lot size
- 1600
- Allotment Date
- Dec 8, 2025
- Listing
- Dec 10, 2025
- Listing At
- NSE SME
IPO timeline
-
Dec 3, 2025
Open Date
Completed
-
Dec 5, 2025
Close Date
Completed
-
Dec 8, 2025
Allotment Date
Completed
-
Dec 10, 2025
Listing Date
Completed
Shri Kanha Stainless IPO Subscription Details
View Subscription DetailsShri Kanha Stainless IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.
Last updated:Shri Kanha Stainless IPO Essentials
Shri Kanha Stainless IPO Details
Shri Kanha Stainless IPO is priced at ₹90 per share with a total issue size of 46.28 crore. The IPO has a lot size of 1600 shares and is listed on NSE SME.
- Issue price
- ₹90 per equity share
- Lot size
- 1600 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 51,42,400 shares(aggregating up to ₹46.28 Cr)
- Total issue size
- 51,42,400 shares
(aggregating up to ₹46.28 crore) - Fresh issue
- 51,42,400 shares
(aggregating up to ₹46.28 crore) - Listing at
- NSE SME
- List price
- 88.0
- Listing date
- Registrar
- MAS Services Limited
- Lead manager
-
Kreo Capital Pvt.Ltd
Market Lot Size
Investors can bid for a minimum of 3200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual (min) | 2 | 3200 | ₹2,88,000 |
| Individual(max) | 2 | 3200 | ₹2,88,000 |
| sHNI(min) | 3 | 4800 | ₹4,32,000 |
Shri Kanha Stainless IPO Reservation
Shri Kanha Stainless IPO reservation details show category-wise allocation of shares. Out of the total 5142400 shares, approximately 47.48% for NII, 47.48% for retail investors, and 5.04% for market maker.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Market Maker Shares Offered | 259200 (5.04%) | |
| NII (HNI) Shares Offered | 2441600 (47.48%) | 509 |
| Individual Shares Offered | 2441600 (47.48%) | 763 |
| Total Shares Offered | 5142400 (100%) |
Shri Kanha Stainless IPO Analytics
Shri Kanha Stainless IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Shri Kanha Stainless IPO Subscription Status
Shri Kanha Stainless IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO is currently subscribed 2.82x, indicating moderate demand across investor categories.
| As on | QIB / NII | Individual | Total |
|---|---|---|---|
| Shares Offered / Reserved | 24,41,600 | 24,41,600 | 48,83,200 |
|
Day 1
03-12-25 06:00 PM
|
(0.25) x | 0.55 x | 0.40 x |
|
Day 2
04-12-25 06:00 PM
|
(0.38) x | 3.22 x | 1.80 x |
|
Day 3
05-12-25 06:00 PM
|
(0.61) x | 4.91 x | 2.82 x |
|
Total No. of Applications
|
bHNI | sHNI | Individual |
|---|---|---|---|
| 3919 (Approx) | 0x | 0x | 4.91x |
Shri Kanha Stainless Valuations
Earnings
- EPS Pre IPO
- ₹5.55/-
- EPS Post IPO
- ₹5.46/-
- P/E Pre IPO
- 16.23
- P/E Post IPO
- 16.47
Returns
- ROE
- 47.61%
- ROCE
- 19.20%
- RoNW
- 47.61%
- PAT Margin
- 3.97%
Fundamentals
- Debt / Equity
- 4.19
- Price / Book
- 7.73
- Market Cap
- 140.24 Cr.
Shri Kanha Stainless Financials( In Crs.)
| 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 |
Shri Kanha Stainless Company & Offer Insights
About Shri Kanha Stainless
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 Promoter(s)
Mr. Jai Bhagwan Agarwal, Mrs. Kavita Agarwal, Mr. Shashank Agrawal, Ms. Neha Agarwal are the company's promoters of Shri Kanha Stainless.
Shri Kanha Stainless IPO Issue Objectives
- •
- 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
Contact Information
Contact Details
Shri Kanha Stainless
+91 925 704 3976
https://www.kanhastainless.com/
Plot No. 70-B Unit No. 401-402, 4th Floor Trimurty Prime Tower, Nirwaroo Road, Jhotwara, Jaipur, Rajasthan, 302012
Registrar Contact Details
Frequently Asked Questions
Click any question to reveal the answer
Shri Kanha Stainless IPO is a Fixed Priced IPO worth ₹46.28 crore. The issue price is ₹90 per share (fixed price). The IPO opens on Dec 3, 2025 and closes on Dec 5, 2025. It will be listed on NSE SME Platform. MAS Services Limited is the registrar.
The issue price of Shri Kanha Stainless IPO is ₹90 per share (fixed price).
The lot size of Shri Kanha Stainless IPO is 1600 shares.
The minimum investment for Shri Kanha Stainless IPO is approximately ₹2,88,000 based on the issue price .
Shri Kanha Stainless IPO opens on Dec 3, 2025 and closes on Dec 5, 2025.
The allotment date of Shri Kanha Stainless IPO is Dec 8, 2025.
Shri Kanha Stainless IPO is expected to be listed on Dec 10, 2025, on NSE SME Platform.
Shri Kanha Stainless IPO valuation snapshot: P/E 16.47, EPS ₹5.46/-, P/B 7.73, RoNW 47.61%, and market cap 140.24 Cr.
To apply for Shri Kanha Stainless IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Shri Kanha Stainless IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Shri Kanha Stainless IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Shri Kanha Stainless IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Shri Kanha Stainless IPO allotment status on IPO Ji for quick and easy access.