Shri Hare-Krishna Sponge Iron
Listed
Listed
IPO Timeline
Issue open date
24 Jun 2025Issue close date
26 Jun 2025UPI mandate deadline
26 Jun 2025Allotment finalization
27 Jun 2025Refund initiation
30 Jun 2025Share credit
30 Jun 2025Listing date
1 Jul 2025Mandate end date
11 Jul 2025Lock-in end date for anchor investors (50%)
27 Jul 2025Lock-in end date for anchor investors (remaining)
25 Sep 2025Key Dates
Open
24 Jun 2025Close
26 Jun 2025Listing
1 Jul 2025Quick Stats
Issue Size:28cr
Lot Size:2000 shares
Issue Details
Issue Size:28cr
Face Value:₹10
Listing At:NSE SME
Reservation
50%
QIB
15%
NII
35%
Retail
Additional Resources
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.
Shri Hare-Krishna Sponge Iron IPO – Frequently Asked Questions
- The price band for the Shri Hare-Krishna Sponge Iron IPO is set at ₹56 to ₹59 per share.
- The Shri Hare-Krishna Sponge Iron IPO opens on June 24, 2025 and closes on June 26, 2025.
- The tentative listing date for the Shri Hare-Krishna Sponge Iron IPO is July 1, 2025.
- You can apply for the Shri Hare-Krishna Sponge Iron IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose Shri Hare-Krishna Sponge Iron, enter lot quantity and UPI ID, then approve the mandate.
- The lot size for the Shri Hare-Krishna Sponge Iron IPO is 2000 shares. Investors must apply for at least one lot (i.e., 2000 shares).