Live Rate
| Open | |
|---|---|
| High | |
| Low | |
| Prev. Close | |
| Lower circuit | |
| Upper circuit | |
| 52w High | |
| 52w Low | |
| P/E Ratio |
Shri Hare-Krishna Sponge Iron Listing Price
| Exchange | Listing Price | Gain/Loss | % |
|---|---|---|---|
| NSE | ₹64.80 | +₹5.80 | +9.83% |
Shri Hare-Krishna Sponge Iron Subscription
Last updated on 26-Jun-2025 17:01:14
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIB | 962000 | 10552000 | 10.97 |
| NIB | 724000 | 7302000 | 10.09 |
| RETAIL | 1686000 | 5222000 | 3.1 |
| Total | 3372000 | 23076000 | 6.84 |
| Application Wise Breakup | |
|---|---|
| Category | App. Received |
| QIB | 10 |
| NIB | 240 |
| RETAIL | 2611 |
| Total | 2861 |
| Subscription Demand (in ₹ crore) | |||
|---|---|---|---|
| Category | Offered | Demand | Times |
| QIB | 5.68 | 62.26 | 10.97 |
| FII | - | 21.52 | - |
| FI | - | 17.7 | - |
| IC | - | 0 | - |
| MF | - | 0 | - |
| OTH | - | 23.03 | - |
| NIB | 4.27 | 43.08 | 10.09 |
| RETAIL | 9.95 | 30.81 | 3.1 |
| Total | 19.89 | 136.15 | 6.84 |
| QIB Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹0.9 | @8% ₹1 | @9% ₹1.1 | @10% ₹1.2 | @11% ₹1.4 | @12% ₹1.5 |
| HNI Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹0.8 | @8% ₹0.9 | @9% ₹1 | @10% ₹1.1 | @11% ₹1.3 | @12% ₹1.4 |
Shri Hare-Krishna Sponge Iron About
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail (10000 to 2 lakh) | 1 | 2000 | 118000 | 843 |
IPO Reservation
| Investor Category | Shares Offered | No. of Shares |
|---|---|---|
| Retail | 33.25% | 1686000 |
| NII (HNI) | 14.28% | 724000 |
| Anchor | 28.40% | 1440000 |
| QIB | 18.97% | 962000 |
| Market Maker | 5.09% | 258000 |
| Total | 100.00% | 5070000 |
Shri Hare-Krishna Sponge Iron IPO Details
| Issue Size | 50,70,000 shares (aggregating up to ₹29.91 Cr) |
| Fresh Issue | 50,70,000 shares (aggregating up to ₹29.91 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,41,21,050 shares |
| Share Holding Post Issue | 19,191,050 Shares |
| Market Maker Portion | 2,58,000 shares |
| Market Maker | Hem Finlease |
Key Performance Indicator (KPI)
| KPI | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE | 13.33% | 17.16% | 21.50% |
| ROCE | 14.70% | 19.24% | 26.11% |
| RONW | 12.51% | 15.80% | 19.41% |
| EPS (basic) | 6.51 | 7.21 | 7.45 |
| P/E Pre IPO | 9.06 | ||
| P/E Post IPO | 12.31 |
Company Financials In Crores
| Period | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|
| Assets | 93.16 | 75.74 | 58.58 |
| Revenue | 83.60 | 84.93 | 95.25 |
| Profit | 9.20 | 10.17 | 10.53 |
| EBITDA | 10.78 | 12.11 | 13.97 |
| Net Worth | 73.59 | 64.39 | 54.22 |
| Reserves | 59.47 | 50.27 | 40.10 |
| Borrowing | 11.39 | 7.24 | 0.75 |
About Company
Industry: Sponge Iron Manufacturing
Location: Siltara, Raipur (Chhattisgarh)
Plant Area: 13.45 acres
Production Capacity: 30,000 metric tonnes per annum
Employee Strength: 92 full-time employees (as of April 30, 2025)
Certifications:
- ISO 9001:2015 (Quality Management)
- ISO 14001:2015 (Environmental Management)
- ISO 45001:2018 (Occupational Health & Safety)
Core Product
Sponge Iron (Direct Reduced Iron, DRI):
- A key raw material for steel production in induction furnaces and electric arc furnaces.
- Sold primarily in Maharashtra, Madhya Pradesh, and Chhattisgarh.
- The ₹230 million investment suggests a mid-sized CPP (likely 10-15 MW capacity based on industry benchmarks).
- Potential to improve EBITDA margins by reducing power costs, a major input in sponge iron manufacturing.
Strength
In-House Manufacturing: Full control over production quality and costs.
Quality Assurance: Rigorous testing for standardized output.
Customer Relationships: Long-term client trust and loyalty.
Weakness
Dependency on Power and Fuel Costs: Volatility in energy prices can impact the viability of steel operations and may lead to temporary plant shutdowns affecting revenue.
Customer Concentration Risk: A significant portion of revenue depends on a few customers without firm commitments, posing a risk if any major client is lost.
Regulatory Compliance History: he company was penalized by SEBI for past violations related to trading activities, which may affect its reputation and compliance credibility.
Shri Hare-Krishna Sponge Iron Latest Announcements
| Date | Subject | Attachment Text |
|---|
Shri Hare-Krishna Sponge Iron Financial Results
Shri Hare-Krishna Sponge Iron Lead Manager(s)
Shri Hare-Krishna Sponge Iron Address
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: cs@shkraipur.com
Website: https://shkraipur.com/