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Shri Kanha Stainless IPO

Shri Kanha Stainless IPO

smelisted
Registrar: MAS SERVICES LIMITED · Listing 2025-12-10
IPO Timeline
Today · 21 Oct 2026
Opens
03 Dec 2025
Closes
05 Dec 2025
Allotment
08 Dec 2025
Refund
09 Dec 2025
Demat
09 Dec 2025
Listing
10 Dec 2025
Price Band
₹90–90
GMP
₹0
0%
Lot Size
1600 Shares
Min ₹144,000
Subscription
0x
Issue Size
₹46 Cr
Open
2025-12-03
Close
2025-12-05
Listing
2025-12-10

About the company

Shri Kanha Stainless manufactures precision stainless steel cold rolled strips used in automotive, textile, chemical, electrical, and precision tube applications. The company’s product portfolio includes 200, 300, and 400 series stainless steel coils in thin and ultra-thin specifications, with thicknesses ranging from 0.08 mm to 2.00 mm and slitting from 5 mm and above in both hard and soft forms. The company’s manufacturing facility is located in Rajasthan has an installed capacity of 14,000 MTPA. Product revenue was dominated by HR/CR SS coil/slitted contributing 65.74% of revenue, followed by CR SS circle contributing 32.05% as of September 30 2025. It derives majority revenue from Rajasthan, Haryana and Maharashtra.

Strengths

    Risks

      Financial performance (₹ Cr)

      Subscription breakup (final, times)

      Retail0x
      QIB0x
      NII0x
      EMP0x
      OTHER0x
      Total0x

      IPO Roadmap / Timeline

      Current Status · as of 21 Oct 2026
      Listed
      Listed on 10 Dec 2025
      Listed 315 days ago
      1. IPO Opens

        Completed
        03 Dec 2025

        Bidding starts for all investor categories

      2. IPO Closes

        Completed
        05 Dec 2025

        Last day to place your bid

      3. Basis of Allotment

        Completed
        08 Dec 2025

        Share allotment finalised

      4. Refund Initiation

        Completed
        09 Dec 2025

        Refunds credited for non-allottees

      5. Credit to Demat

        Completed
        09 Dec 2025

        Allotted shares credited to demat account

      6. Listing on Exchange

        Completed
        10 Dec 2025

        Shares list on NSE / BSE

      Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.

      Lot size & minimum investment

      Lot Size
      1600 shares
      Price / Share (upper)
      ₹90
      Min Investment (1 lot)
      ₹144,000
      Price Band
      ₹90–90
      Retail / Individual
      1 lot only
      Min lots
      1
      Min shares
      1600
      Min amount
      ₹144,000
      Max amount
      ₹144,000
      HNI
      Min 2 lots
      Min lots
      2
      Min shares
      3200
      Min amount
      ₹288,000
      Max amount
      ₹288,000

      Shares reserved per category & allotment probability

      QIB
      100% allotment
      Reservation
      50%
      Amount
      ₹23 Cr
      Shares offered
      2,555,556
      Shares bid
      0
      Subscribed
      0.00x
      NII
      100% allotment
      Reservation
      15%
      Amount
      ₹6.9 Cr
      Shares offered
      766,667
      Shares bid
      0
      Subscribed
      0.00x
      Retail
      100% allotment
      Reservation
      35%
      Amount
      ₹16.1 Cr
      Shares offered
      1,788,889
      Shares bid
      0
      Subscribed
      0.00x

      Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).