Shri Hare Krishna Sponge Iron IPO Allotment Status: Check Latest GMP, Steps To Verify Status
The bidding window for the Shri Hare Krishna Sponge Iron SME IPO was open from June 24, 2025, to June 26, 2025. The basis of allotment will be finalised today, June 27, 2025. Here’s how you can check the IPO allotment status.
Check Shri Hare Krishna Sponge Iron IPO Allotment Status Online On NSE
- Visit the NSE’s IPO allotment verification status page here.
- Select “Equity & SME IPO bid details.”
- In Select Symbol, select “SHKSIL.”
- Enter your PAN and application No.
- Click “Submit.”
Check Shri Hare Krishna Sponge Iron IPO Allotment Status on KFin Technologies Limited (Registrar to the issue)
- Visit the IPO allotment status page here.
- Select “SHRI HARE KRISHNA SPONGE IRON LIMITED” under “Select IPO.”
- Enter your Application Number/DP ID/PAN.
- Enter the Captcha and click Submit.
IPO Details
Shri Hare Krishna Sponge Iron IPO is a book-building issue of ₹29.91 crores, consisting entirely of a fresh issue of 50.70 lakh equity shares. The price band is set at ₹56 to ₹59 per share. The tentative listing on NSE Emerge is July 1, 2025.
Hem Securities Limited is the book-running lead manager, and KFin Technologies Limited is the registrar for the issue.
Use of Proceeds
The net proceeds from the fresh issue will be used to:
- Set up Captive Power Plant at Siltara
- General corporate purposes
Click here to explore other Upcoming IPOs
Shri Hare Krishna Sponge Iron IPO - Overall Subscription Status
(June 26, 2025, end of the day)
|
Category |
Subscription (times) |
|
Qualified Institutional Investors (QIBs) |
10.97 |
|
Non-Institutional Investors |
10.09 |
|
Retail Individual Investors(RIIs) |
3.10 |
|
Total |
6.84 |
Shri Hare Krishna Sponge Iron IPO GMP Details
As of 27 June 2025, Shri Hare Krishna Sponge Iron IPO GMP stood at nil. The estimated listing price is ₹59.
|
Source: Business Standard Report dated 27 June, 2025 Disclaimer: The GMP (Grey Market Premium) price is an unauthenticated market related news and has no discernible basis. The same quoted above is as per news appeared in the media report and is for information purposes only. The investor shall do their own study/research before using the same for taking any decision to invest. We neither engage in, trade, or deal in the grey market nor we recommend or endorse trading in the grey market. |
Shri Hare Krishna Sponge Iron Business Overview
Shri Hare Krishna Sponge Iron manufactures and sells Sponge Iron, a raw material used for steel production in electric arc furnaces and induction furnaces. Their manufacturing facility is located in Siltara-Raipur, Chhattisgarh, and covers around 13.45 acres, with an annual production capacity of 30,000 metric tonnes.
Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.
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