Shri Kanha Stainless IPO
Shri Kanha Stainless IPO Details
-
Open Date
03 Dec 2025
-
Close Date
05 Dec 2025
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Listing Date
10 Dec 2025
- IPO Price Range
₹ 90
- IPO Size
₹ 46.28 Cr
- Listing Exchange
NSE SME
Shri Kanha Stainless IPO Timeline
Shri Kanha Stainless IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 3-Dec-2025 | - | 0.25 | 0.54 | 0.39 |
| 4-Dec-2025 | - | 0.38 | 3.19 | 1.79 |
Last Updated: 04 December 2025 6:15 PM by 5paisa
Shri Kanha Stainless Limited manufactures precision stainless steel cold-rolled strips in thin and ultra-thin variants for industries such as textiles, automotive, chemicals, and electricals. Its products, including coils in the 200, 300, and 400 series (0.08–2.00 mm), slitted from 5 mm in hard or soft tempers, support applications like tubes, clocks, and watches. With a 14,000 MTPA capacity, the Sikar-based, ISO-certified company also produces stainless steel circles and sheets.
Established in: 2015
Managing Director: Jai Bhagwan Agarwal
Shri Kanha Stainless Objectives
1. Upgrade facility with a new 1150 mm rolling machine (₹12.00 Cr).
2. Repay or pre-pay selected company borrowings (₹18.00 Cr).
3. Fund the company’s working capital needs (₹5.48 Cr).
4. Support general corporate purposes and activities (₹5.00 Cr).
Shri Kanha Stainless IPO Size
| Types | Size |
|---|---|
| Total IPO Size | ₹46.28 Cr |
| Offer For Sale | - |
| Fresh Issue | ₹46.28 Cr |
Shri Kanha Stainless IPO Lot Size
| Application | Lots | Shares | Amount (₹) |
| Retail (Min) | 2 | 3,200 | 2,88,000 |
| Retail (Max) | 2 | 3,200 | 2,88,000 |
| S - HNI (Min) | 3 | 4,800 | 4,32,000 |
Shri Kanha Stainless IPO Reservation
| Investors Category | Subscription (times) | Shares Offered* | Shares bid for | Total Amount (Rs Cr.)* | Total Application |
|---|---|---|---|---|---|
| Market Maker | 1 | 2,59,200 | 2,59,200 | 2.33 | - |
| Non-Institutional Buyers*** | 0.38 | 24,41,600 | 9,32,800 | 8.40 | 0 |
| Individual Investors (IND category bidding for 2 Lots) | 3.19 | 24,41,600 | 77,88,800 | 70.10 | 2,434 |
| Total** | 1.79 | 48,83,200 | 87,21,600 | 78.49 | 2,548 |
*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.
| Particulars (In ₹ Crores) | FY23 | FY24 | FY25 |
| Revenue | 135.04 | 130.37 | 145.79 |
| EBITDA | 4.36 | 8.24 | 13.38 |
| Profit After Tax (PAT) | 0.72 | 2.60 | 5.79 |
| Particulars (In ₹ Crores) | FY23 | FY24 | FY25 |
| Total Assets | 57.03 | 80.25 | 106.13 |
| Share Capital | 0.87 | 0.87 | 0.87 |
| Total Liabilities | 57.03 | 80.25 | 106.13 |
| Particulars (In ₹ Crores) | FY23 | FY24 | FY25 |
| Net Cash Generated From / (used in) Operating Activities | 2.38 | 3.76 | -7.95 |
| Net Cash Generated From / (used in) Investing Activities | -3.22 | -1.41 | 3.80 |
| Net Cash Generated From / (used in) Financing Activities | 0.85 | 9.58 | -7.72 |
| Net Increase / (Decrease) In Cash And Cash Equivalents | 0.00 | 11.93 | -11.87 |
Strengths
1. Strong expertise in precision stainless steel production.
2. Wide product range across multiple industries.
3. ISO and ISI certifications enhance credibility.
4. Established manufacturing capacity of 14,000 MTPA.
Weaknesses
1. Dependent on fluctuating stainless steel prices.
2. Limited geographic presence beyond Rajasthan base.
3. High capital requirements for technology upgrades.
4. Product diversification remains comparatively narrow.
Opportunities
1. Rising demand for precision steel components.
2. Potential expansion into global export markets.
3. Technological upgrades can boost production efficiency.
4. Growing industrial use across emerging sectors.
Threats
1. Intense competition from domestic producers.
2. Global steel market volatility impacts margins.
3. Regulatory changes may raise compliance costs.
4. Customer shift to alternative materials possible.
1. Expanding demand for precision stainless steel products.
2. Planned upgrades promise improved operational efficiency.
3. Strong certifications enhance long-term market credibility.
4. Diverse industry usage supports consistent business growth.
Shri Kanha Stainless operates in a steadily expanding stainless-steel market, driven by rising demand for precision strips across automotive, textile, and industrial applications. With strong certifications, increasing capacity, and planned technology upgrades, the company is positioned to strengthen efficiency and product quality. Its diverse applications, from tubes to electrical components, offer sustainable growth prospects as industries continue shifting towards high-performance stainless-steel solutions.
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FAQs
Shri Kanha Stainless IPO opens from December 3, 2025 to December 5, 2025.
The size of Shri Kanha Stainless IPO is ₹46.28 Cr.
The price band of Shri Kanha Stainless IPO is fixed at ₹90 per share
To apply for Shri Kanha Stainless IPO, follow the steps given below:
● Login to your 5paisa demat account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the Shri Kanha StainlessIPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
The minimum lot size of Shri Kanha Stainless IPO is of 3,200 shares and the investment required is ₹2,88,000.
The share allotment date of Shri Kanha Stainless IPO is December 8, 2025
The Shri Kanha Stainless IPO will likely be listed on December 10, 2025.
The book running lead managers for Shri Kanha Stainless IPO is Kreo Capital Pvt.Ltd.
Shri Kanha Stainless IPO plans to utilise the raised capital from the IPO for:
1. Upgrade facility with a new 1150 mm rolling machine (₹12.00 Cr).
2. Repay or pre-pay selected company borrowings (₹18.00 Cr).
3. Fund the company’s working capital needs (₹5.48 Cr).
4. Support general corporate purposes and activities (₹5.00 Cr).
Verify Your Details
Krishca Strapping Solutions Limited
sme- Date Range 23 Oct- 27 Oct’23
- Price 200
- IPO Size 23