Shri Hare-Krishna Sponge Iron Limited
Bookbuilding IPO · NSE
- Price band
- ₹56 - ₹59
- Lot size
- 2,000 shares
- Issue amount
- ₹29.91 cr
- Total subscription
- 6.84×
- Opens
- 24 Jun 2025
- Closes
- 26 Jun 2025
- Allotment
- 27 Jun 2025
- Listing
- 1 Jul 2025
Offer at a glance
Issue overview
- Issue size
- 50,70,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,12,000
- Fresh issue
- ₹29.91 cr
- Offer for sale
- ₹0 cr
- Registrar
- Kfin Technologies Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,18,000
- Issue type
- Bookbuilding IPO
- Shares before issue
- 1,41,21,050
- Shares after issue
- 1,91,91,050
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 2,000 | ₹1,18,000 |
| HNI | 2 | 4,000 | ₹2,36,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| QIB | — | 10 |
| NIB | — | 240 |
| RETAIL | — | 2,611 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 5.68 | 62.26 |
| RETAIL | 9.95 | 30.81 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 6.51 | 7.21 | 7.45 |
| ROE | 13.33 | 17.16 | 21.5 |
| ROCE | 14.7 | 19.24 | 26.11 |
| RONW | 12.51 | 15.8 | 19.41 |
| PRE IPO(PE) | 9.06 | 0 | 0 |
| POST IPO(PE) | 12.31 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Shri Hare-Krishna Sponge Iron Limited, established in May 2003, is engaged in the manufacturing and sale of sponge iron. Its production facility is located in Siltara, Raipur, Chhattisgarh, spread across 13.45 acres with an annual production capacity of 30,000 metric tonnes. The plant is certified with ISO 9001:2015 for quality management, ISO 14001:2015 for environmental management, and ISO 45001:2018 for occupational health and safety standards. The company primarily supplies its products to customers in Maharashtra, Madhya Pradesh, and Chhattisgarh. Sponge iron, the company's main product, is an essential raw material used in steel production through induction and electric arc furnaces. As of April 30, 2025, the company employed 92 full-time staff members.
Strengths
- Own Production Facility: Enables complete oversight of quality and better cost management.
- Strict Quality Control: Ensures consistent product standards through thorough testing.
- Strong Client Bonds: Built long-lasting trust and loyalty with customers over time.
Risk factors
- Energy Cost Dependency: Fluctuating power and fuel prices can impact operations and cause revenue disruptions.
- High Customer Dependence: Relying on a few key clients without long-term contracts poses business risk.
- Regulatory Concern: Past SEBI penalties may affect the company’s image and trustworthiness.
Promoters
Anita Tradelinks Private Limited
Buxom Trexim Private Limited
Shyam Sunder Parasrampuria
Manoj Parasrampuria
Manish Parasrampuria
Registrar & documents
Lead manager
Hem Securities Limited
Registrar & contacts
Kfin Technologies Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Flat No 2-D, 2nd Floor, Tower No. 1, Alcove Gloria Municipal Premises No. 403/1, Dakshindari Road, VIP Road,Sreebhumi, Kolkata North 24 Parganas district, West Bengal, 700048
+91-9589116050
[email protected]Company website ↗Understanding SHKSIL IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.