Shri Hare-Krishna Sponge Iron Ltd. IPO

Q: What is the size of Shri Hare-Krishna Sponge Iron Ltd. IPO?

The size of the Shri Hare-Krishna Sponge Iron Ltd. IPO is &#8377;29.91 Cr.

Q: What is the minimum investment and lot size required for the Shri Hare-Krishna Sponge Iron Ltd. IPO?

The minimum investment required is &#8377;1,18,000 and minimum lot size is 2000 shares.

Shri Hare-Krishna Sponge Iron Ltd., established in 2003, operates in the Steel - Sponge Iron sector. The company's IPO opened on June 24, 2025 and closed on June 26, 2025, with an issue price of ₹59. ... Read more

Min Investment

₹ 1,18,000 / 2000 shares

Price Range

₹56 - ₹ 59

Bidding Dates

24 Jun '25 - 26 Jun '25

Total Issue Value

29.91 Cr

Lot Size

2,000

Total Issue Size

29.91 Cr

Listing At

NSE SME

Subscription

6.44 times

NSE Price

56.00 (-5.08%)

IPO Timeline

24 Jun 2025

Bidding Starts
26 Jun 2025

Bidding Ends
27 Jun 2025

Allotment Finalization
1 Jul 2025

Listing

About Shri Hare-Krishna Sponge Iron Ltd.

Our Company is primarily engaged in the business of manufacturing and selling of Sponge Iron. Sponge Iron is mainly used as a raw material for steel production in electric arc furnaces and induction furnaces. Through our sponge iron business, we cater to the metallic requirements of steel ... Read more

Parent organisation

Founded

Shri Hare-Krishna Sponge Iron Ltd.

2003

Shri Hare-Krishna Sponge Iron Ltd. IPO Reservation

Investors Category	Shares Offered
Anchor Investors	14,41,200 (28.43%)
Market Makers	2,58,000 (5.09%)
Non Institutional Investors	7,24,000 (14.28%)
Qualified Institutional Buyers (QIBs)	9,60,800 (18.95%)
Retail Individual Investors (RIIs)	16,86,000 (33.25%)

Shri Hare-Krishna Sponge Iron Ltd. Financial Information

Year End	Revenue	PAT	Reserves & Surplus
31 Mar 2025	83.60 Cr	9.20 Cr	59.47 Cr
31 Mar 2024	84.93 Cr	10.17 Cr	50.27 Cr
31 Mar 2023	95.25 Cr	10.53 Cr	40.10 Cr

Shri Hare-Krishna Sponge Iron Ltd. Background

Major Events And Milestones

2005

We added induction furnace in our factory to increase production efficiency.
2007

We established a semi-automated structure Rolling mill to enhanced our production technology and Capabilities.
2012

We started the production of steel shots (an import-substituted product)
2020

Crossed Total Revenue of Rs. 7,500 lakhs

Shri Hare-Krishna Sponge Iron Ltd. Object of Issues

1. Funding of Capital Expenditure Requirements of our Company towards set up of Captive Power Plant at Siltara-Raipur
2. General Corporate Purpose

Shri Hare-Krishna Sponge Iron Ltd. IPO Listing Details

Listing Date

1 Jul 2025

NSE Symbol

SHKSIL

ISIN

INE0NON01025

Final Issue Price

₹ 59

Shri Hare-Krishna Sponge Iron Ltd. Listing Day Trading Information

Pricing Details	BSE	NSE
Issue Price	-	₹ 59.00
Open	-	₹ 64.80
Low	-	₹ 61.60
High	-	₹ 65.75
Last Trade	-	₹ 64.55

Shri Hare-Krishna Sponge Iron Ltd. Company Promoters

1. Anita Tradelinks Private Limited
2. Buxom Trexim Private Limited
3. Manish Parasrampuria
4. Manoj Parasrampuria
5. Anubhav Parsrampuria

Industry Overview

India's iron ore production is estimated to stand at 257.85 MT in FY23, while it stood at 253.97 MT in FY22 - a sharp increase of 23% compared with 205.04 MT in FY21. In 2022-23, exports of iron ore stood at US$ 1.75 billion as compared to US$ 3.18 billion in 2021- 22. In FY24 (until January ... Read more

Shri Hare-Krishna Sponge Iron Ltd. Contact Details

Address: Flat No 2-D, 2nd Floor, Tower No. 1, Alcove Gloria, Municipal Premises No 403/1, Dakshindari Road, VIP Road, Kolkata Sreebhumi, 24 Parganas North West Bengal - 700048
Phone no:9589116050

Email: [email protected]

9589116050

Visit Website

Shri Hare-Krishna Sponge Iron Ltd. IPO Registrar

KFin Technologies Ltd.

301, The Centrium, 3rd Floor, 57 Lal Bahadur, Shastri Road, Nav Pada, Kurla (West), Kurla, Mumbai Maharashtra - 400070

67162222

Shri Hare-Krishna Sponge Iron Ltd. IPO Lead Manager(s)

HEM SECURITIES LTD.

No: 904, A Wing, Naman Midtown, Senapati Bapat Marg, Elphinstone Road, Lower Parel, Mumbai Maharashtra - 400013

49060000

FAQs

When does Shri Hare-Krishna Sponge Iron Ltd. IPO opens and closes?

Shri Hare-Krishna Sponge Iron Ltd. IPO opens from 24th June to 26th June 2025.

What is the size of Shri Hare-Krishna Sponge Iron Ltd. IPO?

The size of the Shri Hare-Krishna Sponge Iron Ltd. IPO is ₹29.91 Cr.

What is the price range of Shri Hare-Krishna Sponge Iron Ltd. IPO?

The price range of Shri Hare-Krishna Sponge Iron Ltd. IPO is at ₹56 to ₹59 per share.

What is the minimum investment and lot size required for the Shri Hare-Krishna Sponge Iron Ltd. IPO?

The minimum investment required is ₹1,18,000 and minimum lot size is 2000 shares.

When is Shri Hare-Krishna Sponge Iron Ltd. IPO listing date?

The Shri Hare-Krishna Sponge Iron Ltd. IPO will be listed on 1st July 2025.

What is the objective of Shri Hare-Krishna Sponge Iron Ltd. IPO?

1. Funding of Capital Expenditure Requirements of our Company towards set up of Captive Power Plant at Siltara-Raipur
2. General Corporate Purpose

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