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SHRIKANHASME / NSEListed
Shri Kanha Stainless

Shri Kanha Stainless Limited, established in July 2015, is a manufacturer of precision stainless steel cold rolled strips, producing thin and ultra-thin materials used in industries like textiles, automotive, chemicals, clocks, watches, and electrical equipment. The company makes stainless steel coils in the 200, 300, and 400 series with thicknesses from 0.08 mm to 2.00 mm and slitting from 5 mm, available in hard or soft temper as per customer needs. Its product range includes stainless steel precision strips, circles, and sheets with a manufacturing capacity of 14,000 MTPA. The unit is located in Sikar, Rajasthan, and is certified with ISO 9001:2015 and multiple ISI standards for quality. With modern machinery and a skilled team, the company maintains strong customer relationships and a solid market presence, supported by an order book of ₹1,273.49 Lakhs as of November 25, 2025.

₹90 - ₹902.83x sub
Listed Price₹88.00
Listing Gain-2.22%

IPO Schedule & Timeline

Fixed Price IPO
Open03 Dec 2025
Close05 Dec 2025
Allotment08 Dec 2025
Listing10 Dec 2025

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Market Maker2,59,200 shares
5.04%
HNI24,41,600 shares
47.48%
Retail24,41,600 shares
47.48%

Minimum Application Lots

Retail2 Lots (3,200 shares)
₹2,88,000
sHNI3 Lots (4,800 shares)
₹4,32,000

Company Promoters

Mr. Jai Bhagwan AgarwalMrs. Kavita AgarwalMr. Shashank AgrawalMs. Neha Agarwal

Company Background

Shri Kanha Stainless Limited, established in July 2015, is a manufacturer of precision stainless steel cold rolled strips, producing thin and ultra-thin materials used in industries like textiles, automotive, chemicals, clocks, watches, and electrical equipment. The company makes stainless steel coils in the 200, 300, and 400 series with thicknesses from 0.0...

Lead Managers & Bankers

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Sep-25)₹110.3 Cr
Growth-19.2%
Revenue Trend (₹ in Crores)
0.056.1112.2168.3Mar-23Mar-24Mar-25Sep-25
PeriodRev (Cr)PAT (Cr)AssetsDebt
Sep-25110.304.26116.3456.02
Mar-25146.395.79106.1350.98
Mar-24131.002.6080.2553.94
Mar-23136.470.7257.0340.36

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Sep-25026.55%11.64%016.47
Mar-25047.61%19.20%16.230
Mar-24040.85%13.20%00
Mar-23019.11%7.37%00

Peer Comparison & Valuation

Financial Performance

Quality Foils (india) Limited

NAV/Share (₹)106.00
RONW(%)4.00
EPS (Basic) (₹)4.97

Hisar Metal Industries Limited

NAV/Share (₹)116.00
RONW(%)9.00
EPS (Basic) (₹)5.89

Shri Kanha Stainless Limited

NAV/Share (₹)11.65
RONW(%)47.61
EPS (Basic) (₹)5.55

Valuation

Quality Foils (india) Limited

P/E(X)15.30
CMP* (₹)76.05
Face value (₹)10.00

Hisar Metal Industries Limited

P/E(X)35.09
CMP* (₹)206.67
Face value (₹)10.00

Shri Kanha Stainless Limited

P/E(X)16.23
CMP* (₹)90.00
Face value (₹)10.00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Mas Services Limited

Allotment Finalized
Allotment Date
08 Dec 2025
Official Status
Out / Finalized
Registrar
Mas Services Limited
Listing Date
10 Dec 2025

Official Allotment Verification Links

Official Registrar Portal
Mas Services Limited

Direct allotment verification on the official registrar portal appointed for Shri Kanha Stainless. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization08 Dec 2025Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date10 Dec 2025Trading commences on exchange

How to Check Shri Kanha Stainless Allotment Online

1Open Portal

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2Select Company

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3Enter Details

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4View Allocation

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Prospectus & Official Filings

Allotment FAQs & Help

About Shri Kanha Stainless IPO

Complete issue overview for Shri Kanha Stainless (SHRIKANHA) IPO. The issue features an equity share price band of ₹90 per share with a minimum retail lot size of 1600 Shares (minimum application amount of ₹1,44,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions