Markets / IPO / Shri Kanha Stainless

Shri Kanha Stainless IPO

Updated 18:58

SME IPO on NSE Emerge · Iron & Steel Products

Status

Listed

Price band

₹90

Lot size

1600 shares · ₹1,44,000

Subscribed

–

How it listed

Issue price

₹90

Listing price (open)

₹88.00 -2.22%

First-day close

₹83.60 -7.11%

Price now

₹20.00 -77.78%

Listing day	10 Dec 2025
Open / high / low / close	₹88.00 / ₹88.00 / ₹83.60 / ₹83.60
Shares traded on NSE	1,96,800
Market value at the listing-day close	₹130 cr

Closing prices since listing: 23 Oct ₹21.90, 26 Oct ₹22.95, 27 Oct ₹21.85, 29 Oct ₹20.85, 30 Oct ₹20.65, 2 Nov ₹20.70, 3 Nov ₹21.30, 4 Nov ₹20.25, 5 Nov ₹21.00, 6 Nov ₹20.00.

Shri Kanha Stainless share price, live chart and technicals →

Key dates

Bidding opens	3 Dec 2025
Bidding closes	5 Dec 2025
Allotment	8 Dec 2025
Refunds and shares in demat	9 Dec 2025
Listing	10 Dec 2025

Lot size by investor type

Application	Lots	Shares	Amount
Individual investor (minimum)	2	3,200	₹2,88,000
HNI (minimum)	3	4,800	₹4,32,000

At ₹90 a share. In SME IPOs individuals must bid for at least 2 lots.

Subscription

Investor category	Shares bid for
Institutions (QIB)	2,22,400
HNI / NII	15,80,800
Total	18,03,200

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 5 Dec 2025 19:00.

Applications from individual investors

3,754 applications in the individual investors' category (bidding for the minimum 2 lots).

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 ₹90	138.16 lakh shares	100.0%

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.

Financials and valuation

	At issue price	Now
Market value	₹140 cr	₹31 cr
P/E (last 12 months' profit)	–	–

Revenue, last 12 months	–
Profit, last 12 months	–
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.

Other recent IPOs: Iron & Steel Products

Company	Listed	Subscribed	On listing	Since IPO
Bombay Coated and Special Steels	5 Nov	60.77×	+10.98%	+9.84%
German Green Steel and Power	5 Oct	28.98×	+2.16%	-22.78%
A-One Steels India	1 Oct	11.61×	+12.35%	-2.35%
Jindal Supreme (India)	23 Sept	181.07×	+29.03%	+71.01%
Behari Lal Engineering	19 Aug	108.44×	+63.16%	+59.14%
Rajputana Stainless	19 Mar	1.12×	0.00%	+36.76%
VMS TMT	24 Sept	102.27×	+5.96%	-56.66%
Sambhv Steel Tubes	2 Jul	28.46×	+34.15%	+99.26%

IPO details

Price band	₹90
Final issue price	₹90
Lot size	1600 shares
Minimum investment	₹2,88,000 (2 lots, the minimum for individuals)
Market	NSE Emerge (SME)
Issue type	Fixed Price
Face value	₹10
Industry	Iron & Steel Products
Issue size	Initial Public Offer of 51,42,400 Equity Shares including Market Maker portion of 2,59,200 Equity Shares
ISIN	INE1V4601019
Registrar	MAS Services Limited Helpline: +91 112 638 7281, 114 132 0335, ipo@masserv.com
Lead managers	Kreo Capital Private Limited

Check allotment status

Allotment was finalised on 8 Dec 2025. Check it on the registrar's website (MAS Services Limited), NSE or BSE with your PAN or application number.

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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 Kanha Stainless IPO price band and lot size?

The price band is ₹90 per share, and one lot is 1600 shares (₹1,44,000 at the upper price).

When is the Shri Kanha Stainless IPO allotment date?

Allotment was finalised on 8 Dec 2025, the next working day after bidding closed on 5 Dec 2025.

How many times was the Shri Kanha Stainless IPO subscribed?

Subscription figures are not available yet.

What is the Shri Kanha Stainless IPO listing date?

It listed on 10 Dec 2025 on NSE Emerge (SME).

What was the Shri Kanha Stainless listing gain?

It opened at ₹88.00 against an issue price of ₹90, a loss of 2.22%. It is now down 77.78% from the issue price.