Tentative Timetable
Business Overview
Shri Kanha was started by its promoters in 2015 with the vision of becoming a leading stainless steel sheet manufacturer in India, specializing in precision cold-rolled stainless steel strips. It offers a wide range of thin and ultra-thin cold-rolled strips manufactured with precise properties to meet diverse industry requirements. The company is engaged in converting HR coils into CR coils and producing coils in standard sizes and thicknesses across the 200, 300 and 400 series, ranging from 0.08 mm to 2.00 mm. Its core focus remains on being a profitable, quality-driven, value-conscious and customer-focused supplier.
Lot Info
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Individual (Min) | 2 | 3,200 | ₹2,88,000 |
| Individual (Max) | 2 | 3,200 | ₹2,88,000 |
| Others (Min) | 3 | 4,800 | ₹4,32,000 |
Issue Size
Objects of the Issue
A1
A2
A3
Grey Market Premium
| Date | GMP (₹) | Est. Price |
|---|---|---|
| 09 Dec | ₹0 (0%) | ₹90 |
| 08 Dec | ₹0 (0%) | ₹90 |
| 07 Dec | ₹0 (0%) | ₹90 |
| 06 Dec | ₹0 (0%) | ₹90 |
| 05 Dec | ₹0 (0%) | ₹90 |
| 04 Dec | ₹0 (0%) | ₹90 |
| 03 Dec | ₹25 (27.8%) | ₹115 |
| 02 Dec | ₹25 (27.8%) | ₹115 |
| 01 Dec | ₹0 (0%) | ₹90 |
| 30 Nov | ₹0 (0%) | ₹90 |
| 29 Nov | ₹0 (0%) | ₹90 |
Shri Kanha Stainless IPO Peer Comparison
(Rs. in crores)
| Particulars | Shri Kanha | Hisar Metal | Quality Foils |
|---|---|---|---|
| Revenue from Ops (in Crs.) | 145.79 | 244.85 | 150.85 |
| PAT (In Crs.) | 5.79 | 3.18 | 1.42 |
| EPS - Basic | 5.55 | 5.89 | 4.97 |
| NAV per share | 11.65 | 116.00 | 106.00 |
| RONW | 47.61% | 9.00% | 4.00% |
| EBITDA | 9.18% | 5.40% | 4.30% |
| PAT Margin | 3.97% | 1.30% | 0.30% |
| Price to earning (PE) | 16.22 | 35.09 | 15.30 |
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 March 31, 2025 for Peers
Financial Performance
(Rs. in crores)
| Particulars | Sep-25 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| Revenue | 110.23 | 145.79 | 130.37 | 135.04 |
| PAT | 4.26 | 5.79 | 2.60 | 0.72 |
| Net Worth | 16.03 | 12.16 | 6.37 | 3.77 |
| Borrowings | 56.02 | 50.98 | 53.94 | 40.36 |
| Assets | 116.34 | 106.13 | 80.25 | 57.03 |
| NAV (₹) | 15.36 | 11.65 | 6.10 | 3.61 |
| EPS (₹) | 4.08 | 5.55 | 2.49 | 0.69 |
KPIs
EBITDA
9.18%
PAT
3.97%
ROE
47.61%
ROCE
19.20%
PE Ratio
16.22
PB Ratio
7.73
Mkt Cap (in Crs.)
140.24
- All Ratios are based on Mar 2024-25.
- PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.
Shareholding
Promoter
100.00%
Public
0.00%
Management
Subscription Status
Updated as on 05-Dec-2025 19:00:04 hrs
| Category | Sub (x) | Offered | Bids |
|---|---|---|---|
| Individual Investor | 4.92x | 24,41,600 | 1,20,12,800 |
| Others | 0.63x | 24,41,600 | 15,44,000 |
| Total | 2.78x | 48,83,200 | 1,35,56,800 |
Frequently Asked Questions
What is Shri Kanha Stainless IPO?
When will Shri Kanha Stainless IPO open?
What is the GMP of Shri Kanha Stainless IPO?
What is the lot size of Shri Kanha Stainless IPO?
When is the allotment of Shri Kanha Stainless IPO?
What is the listing date of Shri Kanha Stainless IPO?
What is the subscription of Shri Kanha Stainless IPO?
What is the price band of Shri Kanha Stainless IPO?
How to check allotment status of Shri Kanha Stainless IPO?
How to apply Shri Kanha Stainless IPO in Zerodha?
- Go to Kite App → Tap on Bids → Tap on IPO
- Select the IPO → Tap on apply → Enter UPI ID
- Enter Qty and Price
- Submit the application
- Approve the UPI Mandate on your UPI app
How to apply Shri Kanha Stainless IPO in Groww?
- Go to Groww App → Stocks Section → Select IPO option
- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
How to apply Shri Kanha Stainless IPO using ASBA?
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select Shri Kanha Stainless IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date