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Shri Hare-Krishna Sponge Iron

Upcoming

IPO Timeline

Issue open date

24 Jun 2025

Issue close date

26 Jun 2025

UPI mandate deadline

26 Jun 2025

Allotment finalization

27 Jun 2025

Refund initiation

30 Jun 2025

Share credit

30 Jun 2025

Listing date

1 Jul 2025

Mandate end date

11 Jul 2025

Lock-in end date for anchor investors (50%)

27 Jul 2025

Lock-in end date for anchor investors (remaining)

25 Sep 2025

Grey Market Premium Trend

₹0
Current GMP
₹59
Est. Listing Price
0.0%
Est. Listing Gain
₹56 - ₹59
Price Band

GMP History

DateGMP (₹)Est. Listing Price (₹)Est. Listing Gain
21 Jun 2025₹0-₹590.0%
20 Jun 2025₹0-₹590.0%
19 Jun 2025₹0-₹590.0%
18 Jun 2025₹0₹590.0%

About the Company

Incorporated in 2003, Shri Hare-Krishna Sponge Iron manufactures and sells sponge iron, a raw material for steel production in electric arc and induction furnaces. Operating from a 13.45-acre facility in Siltara-Raipur, Chhattisgarh, the company has an annual production capacity of 30,000 metric tonnes. The strategic location provides access to iron ore, coal, and dolomite raw materials. The company holds ISO certifications for quality, environmental, and safety management systems. With 92 employees, it serves steel producers across Maharashtra, Madhya Pradesh, and Chhattisgarh, generating revenue of ₹8,047 lakhs in FY2025, with sponge iron contributing 95.67% of operations revenue.

Strengths

  • In-house manufacturing facility
  • Stringent quality control mechanisms ensure standardised product quality.
  • Long-standing relationship with customers.
  • Well-qualified and well-experienced management team.

Risks

No risks provided as of now. Please check back later.

Key Dates

Open
24 Jun 2025
Close
26 Jun 2025
Listing
1 Jul 2025

Quick Stats

Issue Size:28cr
Lot Size:2000 shares
Min Investment:₹1,18,000