What is the minimum investment required for retail investors?

1,18,000 (2000 shares at upper band of 59). Lot size is 2000 shares.

Is Shri Hare-krishna Sponge Iron Limited IPO good for long-term investment?

Fundamentals show mixed signals. Consider company financials, sector trends, and market conditions. Many suggest applying for listing gains rather than pure long-term hold for IPOs.

IPOs carry inherent risks: market volatility, dependency on sector performance, competition, and market sentiment. SME IPOs carry additional risks: low liquidity and higher volatility. Monitor subscription levels and market conditions before investing.

Long-term: If you believe in the company's growth prospects and sector outlook. Avoid if conservative or risk-averse.

Shri Hare-krishna Sponge Iron Limited IPO – Price ₹59 | Listed at 64.8 (+9.83%) Gain

Shri Hare-krishna Sponge Iron Limited IPO – Price ₹59 | Listed at 64.8 (+9.83%) Gain | IPO Ideas