The Shri Kanha Stainless IPO minimum market lot is 3,200 shares with ₹2,88,000 application amount. The Shri Kanha Stainless IPO is a SME IPO, and it is to be listed on NSE SME.
Business Overview
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.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Shri Kanha Stainless IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00 | 0.00 | 0.00 |
| NII | 0.25 | 0.38 | 0.41 |
| RII | 0.54 | 3.17 | 3.76 |
| Total | 0.39 | 1.78 | 2.09 |
Shri Kanha Stainless IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Shri Kanha Stainless IPO Review and Rating
- Neutral
Shri Kanha Stainless IPO Form
How to apply for the Shri Kanha Stainless IPO? You can apply for Shri Kanha Stainless IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Shri Kanha Stainless IPO in the Invest section. The other option is you can apply for Shri Kanha Stainless IPO via IPO forms downloaded online. Check out the Asston Pharmaceuticals forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
