Shri Kanha Stainless IPO Subscription Day 3

Here, the Shri Kanha Stainless IPO launched on 3rd December 2025. Bidding for the issue will close today, 5th December 2025. The primary aim of the Shri Kanha Stainless IPO is to raise ₹46.28 crores from the market. Also, the Shri Kanha Stainless IPO has received an impressive level of subscription, indicating that the shares will be listed at an impeccable premium. Scroll down to check the Shri Kanha Stainless IPO subscription and details. 

Shri Kanha Stainless IPO Details 

The price band for Shri Kanha Stainless’s IPO has been set at Rs 90 per share, and a total of 5,76,93,307 shares are being issued. Let’s segregate the share quota fixed for different categories of investors. 

Shri Kanha Stainless IPO Subscription Status

As of now, the Shri Kanha Stainless IPO has been subscribed to 2.27 times. Of these, 4.10 times are subscribed by retail investors, 0.44 times by non-institutional investors, and [.] times by QII (Qualified Institutional Investors).  

The healthy subscription status indicates that investors are expecting higher returns at the time of Shri Kanha Stainless’ IPO listing on 10th December 2025. Shri Kanha Stainless also has a positive outlook behind the fresh issue of 0.51 shares, which will raise around Rs 46.28 crores.

Shri Kanha Stainless IPO GMP Today

We know that higher subscription levels drive grey-market premiums for IPOs. Let’s explore the Shri Kanha Stainless IPO GMP for 4th December 2025. 

The grey market premium for this IPO has surged to 0.00% or Rs 0.00 per share. It indicates that the estimated listing price per share is Rs 90.00. Numerous factors played a pivotal role in this jump in the GMP of Shri Kanha Stainless’s IPO. These include higher subscription rates, favourable market sentiment, and investors’ positive attitude towards IPOs. 

About Shri Kanha Stainless Ltd.

Shri Kanha Stainless was established in July 2015. Shri Kanha Stainless Limited specialises in manufacturing precision stainless steel cold-rolled strips, offering a wide range of thin and ultra-thin options to meet diverse industrial needs. The company’s products are used across industries such as textiles, automotive, and chemicals, and in applications including 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.

Technical Indicators

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

Shri Kanha Stainless IPO Listing Expectations

Shri Kanha Stainless IPO Highlights: IPO allotment is still pending, as the bid will close today. However, given the current GMP or market sentiment, it is reasonable to expect higher listing gains for the share. A jump of 0.00% in Yash Highlight GMP suggests the estimated listing price per share will be around Rs 90.00.

It will provide higher listing gains to investors who applied for this IPO. Also, the financial fundamentals of this business made it the experts’ top long-term recommendation. 

Shri Kanha Stainless IPO Dates

Note: It is to be noted that IPO GMP is volatile based on market sentiment. Hence, one should conduct their research before investing in it.

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