Shri Hare-Krishna Sponge Iron IPO Details
| IPO Open Date: | June 24, 2025 |
| IPO Close Date: | June 26, 2025 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹56 to ₹59 Per Share |
| Issue Size: | Approx ₹29.91 Crores |
| Fresh Issue: | Approx ₹29.91 Crores |
| Issue Type: | Book Build Issue |
| IPO Listing: | NSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Shri Hare-Krishna Sponge Iron IPO Market Lot
The Shri Hare-Krishna Sponge Iron IPO minimum market lot is 2000 shares with ₹1,18,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 2000 | ₹1,18,000 |
| Retail Maximum | 1 | 2000 | ₹1,18,000 |
| S-HNI Minimum | 2 | 4000 | ₹2,36,000 |
Shri Hare-Krishna Sponge Iron IPO Dates
The Shri Hare-Krishna Sponge Iron IPO date is June 24 and the close date is June 26. The Shri Hare-Krishna Sponge Iron IPO allotment will be finalized on June 27 and the IPO listing on July 1.
| IPO Open Date: | June 24, 2025 |
| IPO Close Date: | June 26, 2025 |
| Basis of Allotment: | June 27, 2025 |
| Refunds: | June 30, 2025 |
| Credit to Demat Account: | June 30, 2025 |
| IPO Listing Date: | July 1, 2025 |
Promoters of Shri Hare-Krishna Sponge Iron IPO
The promoters of the company are Anita Tradelinks Private Limited, Buxom Trexim Private Limited, Shyam Sunder Parasrampuria, Manoj Parasrampuria and Manish Parasrampuria.
About Shri Hare-Krishna Sponge Iron IPO
Shri Hare-Krishna Sponge Iron Limited, founded in 2003, is a prominent company involved in the manufacturing and selling of Sponge Iron. The Sponge Iron is mainly utilized to make steel in electric arc and induction furnaces. The manufacturing plant is in Siltara, Raipur (Chhattisgarh), spread over about 13.45 acres, with a yearly production capacity of 30,000 metric tonnes. Having the sponge iron plant in a good location gives them easy access to essential raw materials like high-quality iron ore, pellets, coal, and dolomite needed for making sponge iron. Maharashtra, Madhya Pradesh, and Chhattisgarh are some of the states where the company sells its products. The company includes 92 full-time employees as of April 30, 2025. The competitive strengths of the company are an in-house manufacturing facility, a Long-standing relationship with our customers, and a Well-qualified and Experienced Management Team.
Shri Hare-Krishna Sponge Iron IPO Company Financial Report
The company reported revenue of ₹83.60 crores in 2025 against ₹84.93 crore in 2024. The company reported profit of ₹9.20 crores in 2025 against profit of ₹10.17 crores in 2024.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2023 | ₹95.25 | ₹80.99 | ₹10.53 | ₹58.58 |
| 2024 | ₹84.93 | ₹71.24 | ₹10.17 | ₹75.74 |
| 2025 | ₹83.60 | ₹71.23 | ₹9.20 | ₹93.16 |
Shri Hare-Krishna Sponge Iron IPO Valuation – FY2025
Check Shri Hare-Krishna Sponge Iron IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 13.33% |
| ROCE: | 14.70% |
| EBITDA Margin: | 13.40% |
| PAT Margin: | 11.43% |
| Debt to equity ratio: | 0.15 |
| Earning Per Share (EPS): | ₹6.51 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 12.51% |
| Net Asset Value (NAV): | ₹52.11 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Vraj Iron and Steel Limited | 14.28 | 12.54 | 11.11% | 120.34 | 478.86 Cr. |
| Chaman Metallics Limited | 4.05 | 36.05 | 9.83% | 41.19 | 174.18 Cr. |
Objects of the Issue
- Funding of Capital Expenditure requirements of the company towards setup of Captive Power Plant at Siltara – Raipur
- General Corporate Purpose
Shri Hare-Krishna Sponge Iron IPO Review
- IPO Watch – Avoid
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- IDBI Capital –
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- Capital Market –
- BP Wealth –
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Shri Hare-Krishna Sponge Iron IPO Registrar
KFin
Technologies
Limited
Phone:
04067162222,
04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/
IPO Lead Managers aka Merchant Bankers
- Hem Securities Limited
Company Address
Shri
Hare-Krishna
Sponge
Iron
Limited
Flat
No
2-D,
2nd
Floor,
Tower
No.
1,
Alcove
Gloria
Municipal
Premises
No.
403/1,
Dakshindari
Road,
VIP
Road,Sreebhumi,
Kolkata
North
24
Parganas
district, West
Bengal,
700048
Phone: +91-9589116050
Email: [email protected]
Website: https://shkraipur.com/
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Note: The Shri Hare-Krishna Sponge Iron IPO price band and date are officially announced. The (Shri Hare-Krishna Sponge Iron IPO grey market premium) will be added to the IPO GMP page as it will start).
