Shri Hare-Krishna Sponge Iron Limited IPO
BBSMENSEListed
Listed at
64.8
+9.83%
Shri Hare-Krishna Sponge Iron Limited IPO is a SME book building IPO. Price band is ₹59 per share. Minimum investment is ₹2.36 L. Lot size is 2000 shares. Open from 24 Jun 2025 to 26 Jun 2025. Allotment on 27 Jun 2025. Listing on 1 Jul 2025 at NSE. Managed by Hem Securities Limited Registrar: Kfin Technologies Limited. Key details for GMP, subscription, price, allotment, and listing in one place.
Shri Hare-Krishna Sponge Iron Limited IPO overview
Shri Hare-Krishna Sponge Iron Limited IPO Key figures
Price band, lot, minimum application, and issue window at a glance.
Price band
₹59
Lot size
2000 shares / lot
Min investment
₹2,36,000
Issue open – close
24 Jun 2025 → 26 Jun 2025
Shri Hare-Krishna Sponge Iron Limited IPO important dates
Issue Opens
24 Jun 2025
Issue Closes
26 Jun 2025
Allotment
27 Jun 2025
Listing
1 Jul 2025
Shri Hare-Krishna Sponge Iron Limited IPO lot size
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 4,000 | ₹2,36,000 |
| S-HNI (Min) | 3 | 6,000 | ₹3,54,000 |
| S-HNI (UPI) | 4 | 8,000 | ₹4,72,000 |
| S-HNI (Max) | 8 | 16,000 | ₹9,44,000 |
| B-HNI (Min) | 9 | 18,000 | ₹10,62,000 |
Cut‑off within the price band is set after book‑building when applicable. SME issues often require at least two lots; mainboard retail typically bids one lot at cut‑off.
Quick Profit Calculator for Shri Hare-Krishna Sponge Iron Limited IPO
Pre-filled: Issue Price = ₹59, Lot Size = 2,000 shares
About Shri Hare-Krishna Sponge Iron Limited IPO
From the company / RHP narrative.
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.
Shri Hare-Krishna Sponge Iron Limited IPO Issue Objective
How the issuer plans to use IPO proceeds.
Funding of Capital Expenditure requirements of the company towards setup of Captive Power Plant at Siltara – Raipur
General Corporate Purpose
Shri Hare-Krishna Sponge Iron Limited IPO FAQs
A quick overview of key terms, dates, and how to track this IPO.
What is Shri Hare-Krishna Sponge Iron Limited IPO?
Shri Hare-Krishna Sponge Iron Limited IPO is a public issue where the company offers its shares to investors through the stock exchange, allowing retail, HNI, and institutional participation.
What is the IPO price band of Shri Hare-Krishna Sponge Iron Limited IPO?
The IPO price band of Shri Hare-Krishna Sponge Iron Limited IPO is ₹₹59 per share, as mentioned in the issue details.
What is the minimum investment required for Shri Hare-Krishna Sponge Iron Limited IPO?
The minimum investment in Shri Hare-Krishna Sponge Iron Limited IPO is ₹2,36,000, based on the applicable lot size for retail investors.
What is the lot size of Shri Hare-Krishna Sponge Iron Limited IPO?
The lot size of Shri Hare-Krishna Sponge Iron Limited IPO is 2000 shares per lot, and applications must be made in multiples of this lot size.
What are the opening and closing dates of Shri Hare-Krishna Sponge Iron Limited IPO?
Shri Hare-Krishna Sponge Iron Limited IPO opens on 24 Jun 2025 and closes on 26 Jun 2025, as per the announced schedule.
What is Shri Hare-Krishna Sponge Iron Limited IPO subscription status?
Shri Hare-Krishna Sponge Iron Limited IPO subscription status shows the level of demand across retail, HNI, and institutional investor categories during the issue period.
What is Shri Hare-Krishna Sponge Iron Limited IPO GMP today?
Shri Hare-Krishna Sponge Iron Limited IPO GMP (Grey Market Premium) today is around ₹TBA, reflecting current grey market activity before listing.
Is Shri Hare-Krishna Sponge Iron Limited IPO GMP positive or negative?
Shri Hare-Krishna Sponge Iron Limited IPO GMP is currently subject to change, based on prevailing grey market trends. GMP may change over time.
What does Shri Hare-Krishna Sponge Iron Limited IPO GMP indicate for listing?
A positive Shri Hare-Krishna Sponge Iron Limited IPO GMP may indicate market interest ahead of listing, while actual listing performance depends on subscription response and market conditions.
When is Shri Hare-Krishna Sponge Iron Limited IPO listing date?
The expected listing date of Shri Hare-Krishna Sponge Iron Limited IPO is 1 Jul 2025, subject to completion of the allotment process.
Where can I check Shri Hare-Krishna Sponge Iron Limited IPO allotment status?
Shri Hare-Krishna Sponge Iron Limited IPO allotment status can be checked online once the allotment process is completed using application or PAN details.
Can Shri Hare-Krishna Sponge Iron Limited IPO subscription and GMP change before listing?
Yes, Shri Hare-Krishna Sponge Iron Limited IPO subscription figures and GMP may change during the issue period and before listing based on market activity.
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