Markets / IPO / Shri Hare-Krishna Sponge Iron

Shri Hare-Krishna Sponge Iron IPO

Updated 20:51

SME IPO on NSE Emerge · Sponge Iron

Status
Listed
Price band
₹56–59
Lot size
2000 shares · ₹1,18,000
Subscribed
–

How it listed

Issue price
₹59
Listing price (open)
₹64.80 +9.83%
First-day close
₹64.55 +9.41%
Price now
₹29.25 -50.42%
Listing day1 Jul 2025
Open / high / low / close₹64.80 / ₹65.75 / ₹61.60 / ₹64.55
Shares traded on NSE22,48,000
Market value at the listing-day close₹124 cr

Closing prices since listing: 16 Oct ₹30.50, 23 Oct ₹29.50, 27 Oct ₹27.90, 28 Oct ₹26.40, 29 Oct ₹26.75, 2 Nov ₹26.00, 3 Nov ₹29.85, 4 Nov ₹30.00, 5 Nov ₹28.50, 6 Nov ₹29.25.

Shri Hare-Krishna Sponge Iron share price, live chart and technicals →

Key dates

Bidding opens24 Jun 2025
Bidding closes26 Jun 2025
Allotment27 Jun 2025
Refunds and shares in demat30 Jun 2025
Listing1 Jul 2025

Lot size by investor type

ApplicationLotsSharesAmount
Individual investor (minimum)12,000₹1,18,000
HNI (minimum)24,000₹2,36,000

At ₹59 a share. In SME IPOs individuals must bid for at least 1 lots.

Subscription

Investor categoryShares bid for
Institutions (QIB)1,05,52,000
HNI / NII75,60,000
Retail52,22,000
Total2,33,34,000

NSE does not publish the shares offered to each category for this issue, so times subscribed cannot be shown. NSE and BSE bids together, as of 26 Jun 2025 19:00.

Applications from individual investors

2,611 applications in the individual investors' category.

NSE does not publish the shares set aside for this category for SME issues, so the chance of allotment cannot be worked out exactly. Winners are picked by lottery.

Demand at each price

Top price ₹59197.30 lakh shares84.6%
Cut-off final price, whatever it is; mostly retail35.66 lakh shares15.3%
Lower prices ₹56–580.38 lakh shares0.2%

Shares bid on NSE and BSE at each price in the band. Most bids at the top price, and little at lower prices, means buyers were keen.

Anchor investors

Anchor bid date23 Jun 2025
Anchor shares14,40,000
Raised from anchors₹8.50 cr
Lock-in ends for the first 50% (30 days)26 Jul 2025
Lock-in ends for the remaining 50% (90 days)24 Sept 2025

Anchor investors are large funds that buy the day before the IPO opens. SEBI locks in half their shares for 30 days from the allotment and the rest for 90 days; they can sell from the next trading day. Traders watch these dates because extra selling can come in.

Financials and valuation

At issue priceNow
Market value₹113 cr₹56 cr
P/E (last 12 months' profit)18.39.1
Revenue, last 12 months₹67 cr
Profit, last 12 months₹6 cr
Return on equity–
Debt to equity–

From results the company filed with NSE (latest period to 31 Mar 2026). Twelve-month figures need four quarters of results, so they fill in over the first year after listing.

IPO details

Price band₹56–59
Final issue price₹59
Lot size2000 shares
Minimum investment₹1,18,000 (1 lot)
MarketNSE Emerge (SME)
Issue type100 % Book Building
Face value₹10
IndustrySponge Iron
Issue sizeInitial Public Offer of upto 50,70,000 Equity Shares (Including Market Maker portion of 2,58,000 Equity shares and Anchor Allocation 14,40,000 Equity Shares)
ISININE0NON01025
RegistrarKFIN Technologies Limited
Helpline: +91 40 67162222, ishrihare.ipo@kfintech.com
Lead managersHem Securities Limited
ProspectusRed herring prospectus (NSE)

Check allotment status

Allotment was finalised on 27 Jun 2025. Check it on the registrar's page (KFIN Technologies Limited), NSE or BSE with your PAN or application number.

← All IPOs: open, upcoming and recently listed

From NSE's official IPO data. Expected dates follow SEBI's T+3 timetable; the exchange confirms them. Information only, not investment advice.

What is the Shri Hare-Krishna Sponge Iron IPO price band and lot size?

The price band is ₹56–59 per share, and one lot is 2000 shares (₹1,18,000 at the upper price).

When is the Shri Hare-Krishna Sponge Iron IPO allotment date?

Allotment was finalised on 27 Jun 2025, the next working day after bidding closed on 26 Jun 2025.

How many times was the Shri Hare-Krishna Sponge Iron IPO subscribed?

Subscription figures are not available yet.

What is the Shri Hare-Krishna Sponge Iron IPO listing date?

It listed on 1 Jul 2025 on NSE Emerge (SME).

When does the Shri Hare-Krishna Sponge Iron anchor lock-in end?

The 30-day lock-in on half of the anchor investors' shares ends on 26 Jul 2025 and the 90-day lock-in on the rest ends on 24 Sept 2025; they can sell from the next trading day.

What was the Shri Hare-Krishna Sponge Iron listing gain?

It opened at ₹64.80 against an issue price of ₹59, a gain of 9.83%. It is now down 50.42% from the issue price.