Shri Kanha Stainless IPO GMP & Review: Apply or Avoid?

Shri Kanha Stainless IPO is open for bidding from 3rd December 2025 to 5th December 2025. It is a bookbuilding IPO of ₹46.28 crore, an entirely fresh issue of 51,00,000 shares. The issue will be listed on NSE and SME on its tentative listing date, 10th December 2025. 

Shri Kanha Stainless IPO Details 

The Shri Kanha Stainless IPO date is fixed between 3rd December 2025 and 5th December 2025. The face value of Shri Kanha Stainless shares stands at ₹10 per share, and the IPO Issue price band is set at ₹90 per share

MAS Services Limited is the registrar of the Shri Kanha Stainless IPO and is responsible for managing the allotment process and initiating refunds. Check out the latest IPO details in the table below. 

Shri Kanha Stainless IPO Share Reservation

Shri Kanha Stainless IPO is a bookbuilding IPO issue of 51,00,000 shares worth ₹46.28 crores. Shri Kanha Stainless IPO Limited shares will be listed on the BSE and the SME Exchange. Furthermore, SEBI has specified the share reservation criteria for different investor categories. 

Shri Kanha Stainless IPO GMP Grey Market Premium

GMP is the gap between the price band of the issue and the price at which company shares are currently trading in the grey market. Do you want to get live updates on the Shri Kanha Stainless IPO? If yes, then you’ve reached the right spot. Check the table below to learn about the GMP trends.

As of 3rd December 2025, Shri Kanha Stainless IPO GMP stands at ₹0 per share, which means the share will likely show a listing at ₹90 on its tentative listing date, 10th December 2025.

GMP data is subject to change based on market trends and sentiments. You should check the live GMP status before applying for the Shri Kanha Stainless IPO GMP. Stay informed with Univest for real-time insights into IPOs and their GMP trends. 

Shri Kanha Stainless IPO GMP Review

Check out the detailed Shri Kanha Stainless GMP IPO review for a thorough understanding of its potential to report listing gains on 10th December 2025. The Shri Kanha Stainless IPO review below will help you invest effectively to avoid significant losses. Explore more to make informed investment decisions on this IPO. 

Financial Health

Assess a company’s financial performance to know about its ability to sustain a competitive edge. Thus, it is essential to understand the business’s economic growth and decline before applying for the Shri Kanha Stainless IPO.

Shri Kanha Stainless Limited’s revenue soared by 12% from ₹131.00 crores in March 2024  to ₹146.39 crores in March 2025. Moreover, the company’s PAT increased by 122% from ₹2.60 crores in March 2024 to ₹5.79 crores in March 2025.

Shri Kanha Stainless’s IPO has shown consistent revenue growth, indicating the company is financially stable. Moreover, the brokers, investors, and RAs have a positive outlook for the Shri Kanha Stainless IPO for its tentative listing day, which is 9th December 2025. 

Technical Analysis

A number of technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technicals of the Shri Kanha Stainless IPO.

The PE ratio of Shri Kanha Stainless Limited shares is 16.23, and its Earnings Per Share (EPS) stands at 5.55. Thus, the Shri Kanha Stainless IPO can deliver gains on its tentative listing date, 10th December 2025. 

Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Shri Kanha Stainless Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics. 

Shri Kanha Stainless IPO Subscription Status

The Shri Kanha Stainless IPO is to be opened for bidding on 3rd December 2025. The subscription status for this IPO is yet to be announced. Stay informed on this passage to check the live Shri Kanha Stainless IPO Subscription Status. 

About Shri Kanha Stainless Limited

Shri Kanha Stainless was established in July 2015. Shri Kanha Stainless Limited specialises in the manufacturing of precision stainless steel cold-rolled strips, offering a wide range of thin and ultra-thin options to cater to diverse industrial needs. The company’s products are used across industries like textiles, automotive, chemicals, and in applications such as flexible and capillary tubes, clocks, watches, and electrical equipment. The company produces stainless steel coils in 200, 300, and 400 series, with thicknesses from 0.08 mm to 2.00 mm. Slitting starts at 5 mm and is available in hard and soft tempers, based on customer needs. The company has a manufacturing capacity of 14,000 MTPA.

Shri Kanha Stainless Limited Financials

The company’s financial analysis is essential before applying for the Shri Kanha Stainless IPO. Look at the table to learn about Shri Kanha Stainless Limited’s financials. 

Explanation

Shri Kanha Stainless Limited’s revenue soared by 12% from ₹131.00 crores in March 2024  to ₹146.39 crores in March 2025. Moreover, the company’s PAT increased by 122% from ₹2.60 crores in March 2024 to ₹5.79 crores in March 2025.

Shri Kanha Stainless IPO Bidding Requirements

Investors can bid for a Minimum of 3,200 shares in multiples of 1,600 Shares thereof. The following table shows the minimum and maximum investments by Individual Investors (Retail) and HNI, expressed in terms of shares and amount.

The Shri Kanha Stainless IPO has reserved lot sizes for different investor categories. Look at the table below to see the requirements for applying for this IPO.

Use the lot size calculator to find how many shares you should apply!

Shri Kanha Stainless Limited IPO Promoter Holdings

Have a look at the table below to check the holdings of Shri Kanha Stainless Limited.

Mr Hitesh Kumar Singla, Mr Nikhil Singla, Mr Nitin Dixit, and Mr Anil Kumar Sharma.

Note: The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue.

Aim of Shri Kanha Stainless IPO

The primary aim of the Shri Kanha Stainless IPO is to raise ₹46.28 crores. On the other hand, Shri Kanha Stainless has decided to utilise these funds in different ways. Explore some of the secondary objectives for the Shri Kanha Stainless IPO.

• Upgradation of existing manufacturing facility by installation of 1150 mm 4- Hi AGC Reversible Rolling Machine
• Repayment/pre-payment, in part, of certain secured and unsecured borrowing availed by the Company
• Funding of Working Capital Requirement of the Company
• General corporate purposes

Should I Invest in Shri Kanha Stainless IPO?

Explore the pros and cons of Shri Kanha Stainless to know whether you should apply or avoid the issue. These pros and cons might help you understand the IPO’s efficiency in delivering profits over the coming decades. 

Pros of Shri Kanha Stainless IPO

• The company has effective cost control management 
• The company has a reputable private control of the products 
• The company has the manufacturing of low thickness up to 0.08 mm

Cons of Shri Kanha Stainless IPO

• The company has a high minimum investment and a lot size 
• The company has business-specific risks and concentration vulnerabilities
• The company has limited history and still modest scale

How to Apply for Shri Kanha Stainless IPO?

Check the steps mentioned below to apply for Shri Kanha Stainless Ltd.

• Step 1: Conduct thorough research on the Shri Kanha Stainless IPO GMP, subscription status, issue size, lot size, and other details. 
• Step 2: Open a demat account with Univest to access real-time insights on GMP and subscription status. You can also use your previous demat account by navigating to the IPO section. 
• Step 3: Make a bid for two lots of 3,200 shares worth ₹2,88,000
• Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.    

Note: You can apply for the Shri Kanha Stainless IPO across multiple demat accounts to increase your chances of allotment. 

How to Check Shri Kanha Stainless IPO Allotment Status?

You can check for the Shri Kanha Stainless IPO allotment in different ways. These include NSE and the registrar portal. Follow the steps below to check your allotment status online.

Check On NSE

• Visit the NSE Official Site
• Navigate to the IPO Allotment Section. 
• Select Equity as the issue type. 
• Choose the Shri Kanha Stainless IPO.  
• Choose whether to proceed with the PAN number or the application number.
• Submit your details to get the allotment status online. 

Check On the Registrar Portal

• Visit the registrar portal.
• Click on the allotment option.
• Fill in the required details.
• Click on the submit button to know your Shri Kanha Stainless IPO allotment status.

Let’s Wrap

Shri Kanha Stainless IPO is a bookbuilding issue of shares worth ₹46.28 crores. The shares of Shri Kanha Stainless Limited will be listed on NSE and SME on its tentative listing date of 10th December 2025. Researching the Shri Kanha Stainless IPO GMP and reviews is highly suggested to book your ideal profitability. Brokers and investors have highlighted their pros and cons, so one must analyse them and decide accordingly.

Open a demat account on Univest now to initiate your investment journey!

FAQs on Shri Kanha Stainless IPO

How is the Shri Kanha Stainless IPO?

Ans. Currently, on 3rd December 2025, the Shri Kanha Stainless GMP (Grey Market Premium) stands at ₹0. It indicates that the estimated listing price could be ₹90 per share. It is a bookbuilding IPO of 51,00,000 shares worth ₹46.28 crores. The face value of each Shri Kanha Stainless share is ₹10. 

What is the Shri Kanha Stainless IPO price?

Ans. The Shri Kanha Stainless IPO issue price band is set at ₹90 per share. Retail investors can apply for a minimum of 2 lots, each consisting of 3,200 shares, worth ₹2,88,000. Moreover, HNIs are required to bid for a minimum of 3 lots (4,800 shares) worth ₹4,32,000.

Is the Shri Kanha Stainless IPO a good investment?

Ans. Shri Kanha Stainless Limited’s revenue soared by 12% from ₹131.00 crores in March 2024  to ₹146.39 crores in March 2025. Moreover, the company’s PAT increased by 122% from ₹2.60 crores in March 2024 to ₹5.79 crores in March 2025.

Who is the registrar of the Shri Kanha Stainless IPO?

Ans.  MAS Services Limited is the registrar for the Shri Kanha Stainless IPO, awaiting management’s approval to initiate the allotment process and refunds. For any queries regarding the Shri Kanha Stainless allotment and refund, you can contact MAS Services Limited at ipo@masserv.com or (011) 2610 4142.

What is the issue size of the Shri Kanha Stainless IPO? 

Ans. Shri Kanha Stainless IPO is a bookbuilding IPO for 51,00,000 shares worth ₹46.28 crore. Moreover, the IPO is set to open on 3rd December 2025 and will be closed on 5th December 2025. 

Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Shri Kanha Stainless IPO, download the Shri Kanha Stainless IPO RHP and Shri Kanha Stainless IPO DRHP. Conduct your research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.

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