Shri Hare-Krishna Sponge Iron Limited

Company Profile
Company Name Shri Hare-Krishna Sponge Iron Limited
Open Date 24-06-2025
Close Date 26-06-2025
Exchange NSE SME
Lot Size 2000 Shares
Issue Price ₹85-91
Issue Size 50,70,000 shares
Application Amount ₹1,18,000
Recommendation Avoid
Incorporation: Shri Hare-Krishna Sponge Iron was originally incorporated on May 2nd 2003. The registered office is located at West Bengal. The company is engaged in the manufacturing and selling of sponge iron.The company generates majority of its revenue from the selling of sponge iron. The company had 92 permanent employees as of Apr 30th, 2025.
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Financial Summary in Lakhs

KPIs Mar-23 Mar-24 Mar-25
Revenue 9,425.17 8,226.63 8,047.00
EBITDA 1425.60 1368.79 1237.03
Net Profit 1052.53 1017.44 919.80
RoCE 25.09% 19.65% 13.44%
ROE 19.41% 15.80% 12.50%
P/E 7.92 8.18 9.06

Tentative Timeline

Opening Date 24-06-2025
Closing Date 26-06-2025
Basis of Allotment 27-06-2025
Initiation of Refunds 30-06-2025
Credit of Shares to Demat 30-06-2025
Listing Date 01-07-2025

Objects of the Issue

Funding of Capital expenditure of our company towards setup of Captive Power Plant at Siltara – Raipur
General corporate purposes

Contact Information

Registered Office Shri Hare-Krishna Sponge Iron Limited Flat No 2-D, 2nd Floor, Tower No. 1, Alcove Gloria Municipal Premises No. 403/1, Dakshindari Road, VIP Road,Sreebhumi, Kolkata North 24 Parganas district, West Bengal, 700048
Phone +91-9589116050
Email cs@shkraipur.com
Website https://shkraipur.com/

Registrar Details

Name KFIN Technologies
Phone 04067162222, 04079611000
Email shrihare.ipo@kfintech.com
Website https://kosmic.kfintech.com/ipostatus/

IPO Reservation

NII (HNI) Shares Offered Less than 15% of the Net Issue
Retail Shares Offered Less than 50% of the Net Issue
Qualified Institutional Buyers Not more than 50% of the Net Issue

Shareholding Pattern

Share Holding Pre Issue (Promoters) 100%
Share Holding Post Issue (Promoters) 73.58%

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