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Open
3 Dec 2025
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Close
5 Dec 2025
3
Allotment
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Listing
Wed, Dec 10, 2025
Price Band
₹90 per share
Issue Size
51,42,400 shares (agg. up to ₹46 Cr)
Lot Size
1,600 Shares
Listing Date
Wed, Dec 10, 2025
Latest GMP
₹0
Est. Gain
0%
✦ AI Insight
GMP Trend
10-12-2025₹0Est. ₹90+0%
09-12-2025₹0Est. ₹90+0%
08-12-2025₹0Est. ₹90+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 2.75x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 116.34 | 106.13 | 80.25 | 57.03 |
| Total Income | 110.30 | 146.39 | 131.00 | 136.47 |
| Profit After Tax | 4.26 | 5.79 | 2.60 | 0.72 |
| EBITDA | 9.25 | 13.38 | 8.24 | 4.36 |
| NET Worth | 16.03 | 12.16 | 6.37 | 3.77 |
| Reserves and Surplus | 5.59 | 11.29 | 5.50 | 2.90 |
| Total Borrowing | 56.02 | 50.98 | 53.94 | 40.36 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Mittal Sections Ltd. | SME | ₹52.91 Cr | ₹143 | 31.15 | ₹108.70 | -23.99% | ₹25.05 |
| M P K Steels (I) Ltd. | SME | ₹25.74 Cr | ₹79 | 9.04 | ₹83.50 | +5.70% | ₹95.20 |
| P S Raj Steels Ltd. | SME | ₹28.28 Cr | ₹140 | 12.14 | ₹150.60 | +7.57% | ₹86.95 |
| Newmalayalam Steel Ltd. | SME | ₹41.76 Cr | ₹90 | 26.67 | ₹85.50 | -5.00% | ₹23.10 |
| VMS TMT Ltd. | Mainboard | ₹148.50 Cr | ₹99 | 22.24 | ₹99.65 | +0.66% | ₹44.83 |
| Sambhv Steel Tubes Ltd. | Mainboard | ₹540.00 Cr | ₹82 | 23.97 | ₹97.59 | +19.01% | ₹128.67 |
| Scoda Tubes Ltd. | Mainboard | ₹220.00 Cr | ₹140 | 33.81 | ₹147.00 | +5.00% | ₹129.85 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Upgradation of existing manufacturing facility by installation of 1150 mm 4-Hi AGC Reversible Rolling Machine | 12.00 |
| 2 | Repayment/pre-payment, in part, of certain secured and unsecured borrowing availed by the Company | 18.00 |
| 3 | Funding of Working Capital Requirement of the company | 5.48 |
| 4 | General Corporate Purposes | 5.00 |
| 5 | Issue expenses | 5.79 |
| Total | 46.28 |
About Shri Kanha Stainless IPO
Updated on Aug 5, 2026
Contact Details
Shri Kanha Stainless Ltd. AddressPlot No.70-BUnit No.401-402, 4th FloorTrimurty Prime Tower, Nirwaroo Road, JhotwaraJaipur, Rajasthan, 302012+91 925 704 3976info@kanhastainless.comVisit Website