Shri Kanha Stainless IPO Subscription Status
Shri Kanha Stainless IPO subscribed over 0.39x on its First day till 05.00 PM on 3rd December 2025.
- Shri Kanha Stainless IPO subscription QIB investors’ portion is 0.00x times, while NII subscribed 0.25x times, and RII investors subscribed 0.54x times.
- The company has received bids for 19,20,000 shares against 48,83,200 shares on offer on the First day.
- Shri Kanha Stainless IPO subscribed over 0.39x times on day 1.
About the Shri Kanha Stainless IPO
Shri Kanha Stainless Limited was founded in July 2015 and makes precision stainless steel cold-rolled strips. They give a wide range of thin and ultra-thin options to meet the needs of different industries, like textiles, automotive, chemicals, as well as in products such as flexible and capillary tubes, clocks, watches, and electrical equipment. The company’s portfolio includes Cold Rolling of Stainless-Steel Precision Strips, Stainless Steel Circle, and Stainless Steel Sheet.
The firm makes stainless steel coils in 200, 300, and 400 series, from 0.08 mm to 2.00 mm thickness. Moreover, the company provides products in both hard and soft tempers as per the needs of the customer. Its manufacturing facility is located at Sikar. Rajasthan, with a capacity of 14,000 MTPA. Furthermore, Shri Kanha also holds ISI certifications for its products, making them a trusted brand.
Shri Kanha Stainless IPO Company Financial Report
The company reported revenue of ₹146.39 crores in 2025 against ₹131.00 crores in 2024. The company reported a profit of ₹5.79 crores in 2025 against a profit of ₹2.60 crores in 2024.
Shri Kanha Stainless IPO GMP
Shri Kanha Stainless IPO GMP was ₹22 as of Wednesday, 3rd December. That indicates the IPO is trading at ₹112 with a ₹22 premium in the grey market against the issue price of ₹90.
