Shri Hare-Krishna Sponge Iron Limited IPO
Shri Hare-Krishna Sponge Iron Limited is engaged in manufacturing and selling sponge iron, a key raw material used in steel production via electric arc and induction furnaces. It serves steel producers in select geographies. The company's manufacturing facility is located in Siltara, Raipur (Chhattisgarh), spread across ~13.45 acres, with an annual production capacity of 30,000 metric tonnes.
Price Band₹56 - ₹59 |
Dates24 Jun - 26 Jun |
GMP₹0 (0.00%) |
Subscriptions9.68 times |
Issue Size₹29.91 Crs |
Shri Hare-Krishna Sponge Iron IPO Key Dates
Opening Date
24 Jun 25
Closing Date
26 Jun 25
Basis Of Allotment
27 Jun 25
Initiations Of Refund
30 Jun 25
Credit Of Shares
30 Jun 25
Listing Date
01 Jul 25
Shri Hare-Krishna Sponge Iron IPO Objects
- Funding of Capex requirements of our company towards setup of Captive Power Plant at Siltara – Raipur
- General Corporate Purpose
Shri Hare-Krishna Sponge Iron IPO Details
Price Band₹56 - ₹59 |
Listing AtNSE SME |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹29.91 Cr (0.51 Cr Shares) |
Offer For Sale₹0.00 (0.00 Shares) |
Total Issue₹29.91 Cr (0.51 Cr Shares) |
Face Value₹10 per equity share |
Shri Hare-Krishna Sponge Iron IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Individual Investor |
Minimum
1
2,000
1,18,000
Maximum
1
2,000
1,18,000
|
|||
| NII |
Minimum
2
4,000
2,36,000
|
|||
Shri Hare-Krishna Sponge Iron IPO Subscription
Updated as on 26-Jun-2025 19:00:48 hrs
| Investor Category | Subscription (times) | Shares Offered | Shared Bid |
|---|---|---|---|
| QIB | - | 0 | 1,05,52,000 |
| NII | 10.44 | 7,24,000 | 75,60,000 |
| Individual Investor | 3.10 | 16,86,000 | 52,22,000 |
| Total | 9.68 | 24,10,000 | 2,33,34,000 |
Shri Hare-Krishna Sponge Iron IPO GMP
The estimated Grey Market Premium of Shri Hare-Krishna Sponge Iron IPO is ₹0 per share (0.00%)
Category Allocation
| Particulars | Allocation |
|---|---|
| QIB | Not more than 50% of Net Offer |
| NII | Not less than 15% of Net Offer |
| Retail | Not less than 35% of Net Offer |
| Market Maker | 2,58,000 EQ Shares |
Shri Hare-Krishna Sponge Iron IPO Financials
| Particulars | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| Revenue from Operations | 80.47 | 82.27 | 94.25 |
| Profit after Tax | 9.20 | 10.17 | 10.53 |
| Net Worth | 73.59 | 64.39 | 54.22 |
| Total Borrowing | 11.39 | 7.24 | 0.75 |
| Total Assets | 93.16 | 75.74 | 58.58 |
| NAV per share (in ₹) | 52.11 | 45.60 | 38.40 |
| EPS - Basic (in ₹) | 6.51 | 7.21 | 7.45 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | KPI |
|---|---|
| EBITDA | 13.40% |
| PAT | 11.43% |
| ROE | 13.33% |
| ROCE | 14.70% |
| PE Ratio | 9.06 |
| PB Ratio | 1.13 |
| Mkt Cap (in Crs.) | 113.23 |
- All Ratios are based on Mar 25
- PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.
Shri Hare-Krishna Sponge Iron IPO Peer Comparision
| Particulars | Shri Hare-Krishna | Vraj Iron and Steel | Chaman Metallics |
|---|---|---|---|
| Revenue from Ops (in Crs.) | 80.47 | 475.03 | 172.18 |
| PAT (In Crs.) | 9.20 | 44.09 | 9.78 |
| EPS - Basic | 6.51 | 14.28 | 4.05 |
| NAV per share | 52.12 | 120.34 | 41.19 |
| RONW | 12.51% | 11.11% | 9.83% |
| EBITDA | 13.40% | 13.57% | 8.82% |
| PAT Margin | 11.43% | 9.28% | 5.68% |
| Price to earning (PE) | 9.06 | 12.54 | 36.05 |
- All the information pertains to FY 2024-25
- The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of June 09, 2025 for Peers
Shri Hare-Krishna Sponge Iron IPO Peer Comparision
| Particulars | Shri Hare-Krishna |
|---|---|
| Revenue from Ops (in Crs.) | 80.47 |
| PAT (In Crs.) | 9.20 |
| EPS - Basic | 6.51 |
| NAV per share | 52.12 |
| RONW | 12.51% |
| EBITDA | 13.40% |
| PAT Margin | 11.43% |
| Price to earning (PE) | 9.06 |
| Vraj Iron and Steel | Chaman Metallics |
|---|---|
| 475.03 | 172.18 |
| 44.09 | 9.78 |
| 14.28 | 4.05 |
| 120.34 | 41.19 |
| 11.11% | 9.83% |
| 13.57% | 8.82% |
| 9.28% | 5.68% |
| 12.54 | 36.05 |
- All the information pertains to FY 2024-25
- The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of June 09, 2025 for Peers
Promoter Details
| Name | Shareholding |
|---|---|
| Anita Tradelinks Pvt | 37.71% |
| Buxom Trexim Pvt | 14.13% |
| Manoj Parasrampuria | 7.44% |
| Manish Parasrampuria | 5.50% |
| Other Promter | 35.22% |
| Total | 100.00% |
Management Details
| Name | Designation |
|---|---|
| Manoj Parasrampuria | Chairman & MD |
| Abhishek Parasrampuria | CFO |
Company Details
Name: Shri Hare-Krishna Sponge Iron Limited
Address: Flat No 2-D, 2nd Floor, Tower No. 1, Alcove Gloria, Municipal Premises No 403/1, Dakshindari Road, VIP Road, Kolkata Sreebhumi, North 24 Parganas, West Bengal, India, 700048
Number: +91-9589116050
Email: cs@shkraipur.com
Website: https://shkraipur.com
Book Running Lead Managers (BRLMs)
RTAs
KFin Technologies
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Find answers to common questions that come in your mind related to IPO.
Shri Hare-Krishna Sponge Iron IPO is a SME IPO having an issue size of Rs. ₹29.91 Crs. Shri Hare-Krishna Sponge Iron IPO is priced at ₹56 - ₹59 per share. The issue opens on 24 Jun 25 and closes on 26 Jun 25.
Shri Hare-Krishna Sponge Iron IPO opens on 24 Jun 25 and closes on 26 Jun 25.
The estimated Grey Market Premium of Shri Hare-Krishna Sponge Iron IPO is ₹0 per share (0.00%).
The minimum lot size of Shri Hare-Krishna Sponge Iron IPO is 2000 shares & the minimum application amount is Rs. 118000.
The allotment date of Shri Hare-Krishna Sponge Iron IPO is 27 Jun 25.
The listing date of Shri Hare-Krishna Sponge Iron IPO is 01 Jul 25.
Shri Hare-Krishna Sponge Iron IPO is subscribed 9.68 times.
Shri Hare-Krishna Sponge Iron IPO is priced at ₹56 - ₹59 per share.
Click the allotment link on Shri Hare-Krishna Sponge Iron IPO page of IPO360.
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