Shri hare-krishna sponge iron limited IPO Overview
Shri hare-krishna sponge iron limited IPO is a SME public issue offered through a Book Building issue with a total issue size of ₹— crores. The IPO price band is set at ₹59 per share, and retail investors can apply with a minimum investment of ₹2.36 L as per IPO guidelines.
The Shri hare-krishna sponge iron limited IPO opens on 24 Jun 2025 and closes on 26 Jun 2025. The IPO allotment is expected to be finalized on 27 Jun 2025, and the equity shares are proposed to be listed on NSE on 1 Jul 2025.
Investors can refer to the Shri hare-krishna sponge iron limited IPO RHP-DRHP for detailed information. The issue is managed by Hem Securities Limited as the book running lead manager, while Kfin Technologies Limited is the registrar to the IPO. Before investing, market participants often review IPO details, valuation, PE ratio, financials, and risk factors.
About shri hare-krishna sponge iron limited
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.
Investment Objective
General Corporate Purpose