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Shri Kanha Stainless IPO Review - Issue Date, Price, GMP, Subscription, Allotment, Lot Size, and Details

Shri Kanha Stainless Limited Day Wise IPO GMP Trend
GMP Date Issue Price Expected Listing Price GMP Last Updated
December 02, 2025 ₹ 90 ₹ 90 ₹0(0.0%) 04 December 2025; 03:47 PM
December 02, 2025 ₹ 90 ₹ 100 ₹10(11.1%) 03 December 2025; 04:01 PM
December 02, 2025 ₹ 90 ₹ 90 ₹0(0.0%) 02 December 2025; 12:59 PM

Shri Kanha Stainless Limited IPO GMP

Shri Kanha Stainless Limited is engaged in the manufacturing and processing of stainless steel products, primarily producing SS Patta, Patti, and sheets used across construction, infrastructure, utensils, fabrication, and industrial applications. The company earns revenue from job-work processing, cutting, slitting, polishing, and manufacturing value-added stainless-steel products. Its product range caters to downstream manufacturers, traders, and dealers across India.

Shri Kanha Stainless,an Book Built Issue, amounting to ₹46.28 Crore,consisting entirely an fresh issue of 0.51 crore shares of 46.28 Crore.The subscription period for the Shri Kanha Stainless IPO opens on December 03, 2025, and closes on December 05, 2025. The allotment is expected to be finalized on or about Monday, December 08, 2025., and the shares will be listed on the NSE SME with a tentative listing date set on or about Wednesday, December 10, 2025.

The Share Price Band of Shri Kanha Stainless IPO is set at ₹90 per equity share. The Market Capitalisation of the Shri Kanha Stainless at IPO price of ₹90 per equity share will be ₹140.24 Crores. The lot size of the IPO is 1600 shares. Retail investors are required to invest a minimum of   288,0002 lots ( 3200 shares), while the minimum investment for High-Net-Worth Individuals (HNIs) is 3 lots ( 4800 shares), amounting to  432,000.

Kreo Capital Private Limited are the book running lead manager of the Shri Kanha Stainless Ltd. while MAS Services Limited is the registrar for the issue. The Market Maker of the company is Giriraj Stock Broking Pvt.Ltd.

Shri Kanha Stainless Limited IPO GMP Today
The Grey Market Premium of Shri Kanha Stainless IPO is expected to be ₹0 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Shri Kanha Stainless Limited IPO Live Subscription Status Today: Real-Time Update
The subscription period for the Shri Kanha Stainless  IPO opens on December 03, 2025

Shri Kanha Stainless Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online
Shri Kanha Stainless IPO allotment date is 08 December 2025, Monday, Shri Kanha Stainless IPO Allotment will be out on 08 December 2025, Monday.and will be live on Registrar Website from the allotment date.
Check MAS Services Limited IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Shri Kanha Stainless IPO from the dropdown list of IPOs
- Enter your application number, PAN, or DP Client ID
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Shri Kanha Stainless Limited IPO
Shri Kanha Stainless to utilise the Net Proceeds towards the following objects:
1. ₹1200.29 Lakh is required for Upgradation of existing manufacturing facility by installation of 1150 mm 4- Hi AGC Reversible Rolling Machine
2. ₹1800.00 Lakh is required for Repayment/pre-payment, in part, of certain secured and unsecured borrowing availed by our Company
3. ₹548.46 Lakh is required for Funding of Working Capital Requirement of our Company
4. ₹500.00 Lakh is required for General Corporate Purposes.

Refer to Shri Kanha Stainless Limited RHP for more details about the Company.

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