shri kanha stainless limited IPO
IPO Overview
Shri kanha stainless limited IPO is a SME public issue offered through a Fixed Price issue with a total issue size of ₹46.28 Cr. The IPO price band is set at ₹90 per share, and retail investors can apply with a minimum investment of ₹2.88 L as per IPO guidelines.
The Shri kanha stainless limited IPO opens on 3 Dec 2025 and closes on 5 Dec 2025. The IPO allotment is expected to be finalized on 8 Dec 2025, and the equity shares are proposed to be listed on BSE,NSE on 10 Dec 2025.
Investors can refer to the Shri kanha stainless limited IPO RHP-DRHP for detailed information. The issue is managed by Kreo Capital Pvt.Ltd. as the book running lead manager, while MAS Services Ltd. is the registrar to the IPO. Before investing, market participants often review IPO details, valuation, PE ratio, financials, and risk factors.
About Company
The company's products are used across industries like textiles, automotive, chemicals, and in applications such as flexible and capillary tubes, clocks, watches, and electrical equipment.
The company produces stainless steel coils in 200, 300, and 400 series, with thicknesses from 0.08 mm to 2.00 mm. Slitting starts from 5 mm, available in hard and soft tempers based on customer needs. The company has a manufacturing capacity of 14,000 MTPA.
The company's product portfolio includes the following:
Cold Rolling of Stainless-Steel Precision Strips.
Stainless Steel Circle.
Stainless Steel Sheet.
It is accredited with ISO 9001: 2015, ISI certification 15997:2012 for Low Nickel Austenitic Stainless-Steel Sheet for utensils and appliances, IS 5522:2014, and IS 6911:2017 for stainless steel sheets, strips, and plates.
The company's manufacturing unit is situated in Sikar. Rajasthan.
As on Nov 25, 2025, it has a order book of Rs 1,273.49 Lakhs.
Competitive Strength:
A reputed private sector manufacturer of cold rolled stainless sections in India.
Effective Cost Control Management.
Quality Assurance and Quality Control of the products.
Centralised location to cater to major markets like Delhi and Mumbai.
Manufacturing of low thickness up to 0.08 mm.
Investment Objective
Repayment/pre-payment, in part, of certain secured and unsecured borrowing availed by the Company
Funding of Working Capital Requirement of the Company
General corporate purposes