58  Total SME IPOs listed in 2025

2,593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

Shri Hare Krishna Sponge Iron Limited IPO (Shri Hare Krishna Sponge Iron IPO) Detail

Shri Hare Krishna Sponge Iron IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Kolkata and caters to Steel - Iron sector. Hem Securities is the merchant banker of Shri Hare Krishna Sponge Iron IPO. It is a SME UPCOMING IPO which filed its Draft Red Herring Prospectus (DRHP) on 28th September 2024.

Shri Hare Krishna Sponge Iron IPO open date is [●] and close date is [●]. IPO Allotment Date is [●] and Listing date is [●].

IPO Category : SME UPCOMING
Exchange : NSE EMERGE
Issue Type : Book Building

Shri Hare Krishna Sponge Iron IPO Date

Date of DRHP:
28th September 2024
IPO Allotment Date:
[●]
IPO Open Date:
[●]
Initiation of Refund:
[●]
IPO Closing Date:
[●]
IPO Listing Date:
[●]

Shri Hare IPO Info, Size, Subscription

Shri Hare Krishna Sponge Iron IPO size is Rs [●] crores with IPO price of Rs [●]. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
[●]

Issue Price:
[●]

Market Capitalisation :
[●]

PE multiple :
[●]

Subscription :
[●]

Pre Issue Promoter Holding :
97.68 %

Post Issue Promoter Holding :
0.00%

Shri Hare Krishna Sponge Iron IPO Information

Sub Sector :
Shri Hare Krishna Sponge Iron  manufacturing facility is located in Siltara - Raipur, Chhattisgarh and is spread across an area of around 13.45 acres of land with an annual production capacity of 30,000 metric tonnes. The strategic location of their sponge iron manufacturing facility provides us with access to high-quality iron ore, iron ore pellets, coal and dolomite which are essential raw materials for producing sponge iron. During production of sponge iron, a solid waste is produced as a by-product called dolochar. For the Fiscal 2024, their revenue from operations stood at Rs. 8,226.63 lakhs of which revenue from sponge iron, dolochar and other items (iron ore fines, dust and waste scrap) contributed 96.53%, 1.10% and 2.37% respectively. Due to increasing power costs, their manufacturing
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Object of Issue (Shri Hare IPO Objectives)

  • Funding of Capital Expenditure requirements of the company towards setup of Captive Power Plant at Siltara

Hem Securities Limited is the book-running lead manager of the Shri Hare Krishna Sponge Iron IPO. Kfin Technologies Limited is the Registrar and Market Maker is [●] for Shri Hare Krishna Sponge Iron IPO.

Shri Hare IPO Market Maker

[●]

Shri Hare IPO Registrar (RTA)

Kfin Technologies Limited

Shri Hare IPO Lead Manager (BRLM)

Hem Securities Limited

Shri Hare Krishna Sponge Iron IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Shri Hare Krishna Sponge Iron IPO?

Shri Hare Krishna Sponge Iron IPO, based in Kolkata, operates in the   Steel - Iron sector with a focus on . The company is launching its SME UPCOMING IPO on the NSE EMERGE exchange, using the Book Building Issue method. Shri Hare Krishna Sponge Iron IPO size is ₹ [●] Crores with fresh issue size of Rs [●] Crores and Offer for sale being Nil.

When is Shri Hare IPO allotment?

The IPO allotment date for Shri Hare Krishna Sponge Iron IPO is expected to be [●], after the finalization of basis of allotment. Investors can check Shri Hare Krishna Sponge Iron IPO allotment status on the registrars website, Kfin Technologies Limited. Shri Hare Krishna Sponge Iron IPO refund dates are [●].

When is Shri Hare Krishna Sponge Iron IPO listing date?

Shri Hare Krishna Sponge Iron IPO is expected to be listed on [●].

What is the price band for Shri Hare IPO?

The upper price band for the Shri Hare Krishna Sponge Iron IPO is set at ₹ [●] per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Shri Hare Krishna Sponge Iron IPO Review?

For IPO analysis on Shri Hare Krishna Sponge Iron IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Shri Hare Krishna Sponge Iron IPO?

To apply for the Shri Hare Krishna Sponge Iron IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of [●]. After submission, funds are blocked until the basis of allotment of Shri Hare Krishna Sponge Iron IPO is finalised.

Who is the merchant banker of Shri Hare IPO?

The merchant banker for Shri Hare Krishna Sponge Iron IPO is Hem Securities Limited . Hem Securities Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Shri Hare Krishna Sponge Iron IPO RHP for further details.

Who is the Registrar of Shri Hare Krishna Sponge Iron IPO?

The registrar for Shri Hare Krishna Sponge Iron IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Shri Hare Krishna Sponge Iron IPO through their official website or helpline.

What is the Shri Hare Krishna Sponge Iron IPO subscription?

Shri Hare Krishna Sponge Iron IPO was subscribed [●] times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

  • IPO Size: [●] Avg IPO Size (Sector Based) : [●]
  • Sector: Steel - Iron SME IPO so far: 7
  • Merchant Banker: Hem Securities SME IPO by BRLM so far: 47
  • City: Kolkata SME IPO so far: 21
  • Revenue (annualised): ₹ 82.26 cr.
            PAT: (annualised): ₹ 10.17 cr.
  • PE Ratio: [●] Average Sector PE Ratio: [●]
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FAQs

Shri Hare Krishna Sponge Iron IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Shri Hare Krishna Sponge Iron Financial Review Page

Shri Hare Krishna Sponge Iron IPO subscription was X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Shri Hare Krishna Sponge Iron IPO listed at a listing price of against the offer price of .

The current market price of Shri Hare Krishna Sponge Iron is .

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