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Open
24 Jun 2025
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Close
26 Jun 2025
3
Allotment
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Listing
Tue, Jul 1, 2025
Price Band
₹56 to ₹59
Issue Size
50,70,000 shares (agg. up to ₹30 Cr)
Lot Size
2,000 Shares
Listing Date
Tue, Jul 1, 2025
Latest GMP
₹0
Est. Gain
0%
✦ AI Insight
GMP Trend
01-07-2025₹0Est. ₹59+0%
30-06-2025₹0Est. ₹59+0%
29-06-2025₹0Est. ₹59+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 5.08x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 93.16 | 75.74 | 58.58 |
| Total Income | 83.60 | 84.93 | 95.25 |
| Profit After Tax | 9.20 | 10.17 | 10.53 |
| EBITDA | 10.78 | 12.11 | 13.97 |
| NET Worth | 73.59 | 64.39 | 54.22 |
| Reserves and Surplus | 59.47 | 50.27 | 40.10 |
| Total Borrowing | 11.39 | 7.24 | 0.75 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Vraj Iron & Steel Ltd. | Mainboard | ₹171.00 Cr | ₹207 | 9.48 | ₹252.00 | +21.74% | ₹146.15 (+1.04%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding of Capital Expenditure requirements of the company towards setup of Captive Power Plant at Siltara-Raipur | 23.00 |
| 2 | General Corporate Purposes | 3.27 |
| 3 | Issue Expenses | 3.65 |
| Total | 29.91 |
About Shri Hare-Krishna Sponge Iron IPO
Incorporated in May 2003, Shri Hare-Krishna Sponge Iron Limited manufactures and sells Sponge Iron. The manufacturing unit is in Siltara - Raipur, Chhattisgarh, covering 13.45 acres with an annual capacity of 30,000 metric tonnes. The manufacturing unit holds ISO ISO 9001:2015 for quality, ISO 14001:2015 for environment, and ISO 45001:2018 for occupational safety management. The company sells its products in Maharashtra, Madhya Pradesh, and Chhattisgarh. Products: Sponge Iron: Sponge Iron is the key raw material required to manufacture steel in both induction and electric arc furnaces. As of April 30, 2025, the company had 92 full-time employees. Competitive Strengths: In-house manufacturing facility. Stringent quality control mechanisms ensure standardized product quality. Long-standing relationship with our customers. Well-qualified and Experienced Management Team. + Read More
Contact Details
Shri Hare-Krishna Sponge Iron Ltd. AddressFlat No 2-D, 2nd Floor, Tower No.1, Alcove GloriaMunicipal Premises No.403/1, Dakshindari RoadVIP Road, SreebhumiDist.North 24 Parganas, West Bengal, 700048+91-9589116050cs@shkraipur.comVisit Website