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HomeIPOShri Kanha Stainless

About Shri Kanha Stainless

Incorporated in July 2015, Shri Kanha Stainless Limited specializes in the manufacture of precision stainless steel cold-rolled strips in a wide variety of thin and ultra-thin thicknesses to cater to diverse industrial needs.Its products are utilized in industries like textiles, automobiles, chemicals, and in applications related to flexible and capillary tubes, clocks, watches, and electrical equipment.The company manufactures stainless steel coils in 200, 300, and 400 series, with thickness varying from 0.08 mm to 2.00 mm. Slitting starts at 5 mm, available in hard and soft tempers depending upon the customer's requirement. Production capacity: 14,000 MTPA.The company's product portfolio consists of:Cold Rolling of Stainless-Steel Precision Strips.Stainless Steel Circle.Stainless Steel Sheet.It is accredited with ISO 9001:2015, ISI certification 15997:2012 for Low Nickel Austenitic Stainless-Steel Sheet for utensils and appliances, IS 5522:2014 and IS 6911:2017 for stainless steel sheets, strips, and plates.The manufacturing unit of the company is situated in Sikar, Rajasthan. As on Nov 25, 2025, it has an order book of Rs 1,273.49 Lakhs.

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Open  Close17th Sep 2026 - 21st Sep 2026
Issue Size22561.57 Cr
Min. Qty8 Shares
Issue Price₹ 1700.00
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National Stock Exchange of India

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17th Sep 2026 - 21st Sep 202622561.57 Cr8 Shares₹ 1700.00
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29th Oct 2026 - 5th Nov 202622.98 Cr2000 Shares₹ 62.00
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Shri Kanha Stainless

Shri Kanha Stainless

Open Date

03 Dec 2025

Close Date

05 Dec 2025

listed

Min Investment

₹288000

Lot Size

3200 Shares

Issue Size

₹46.28 Cr

Price Range

₹90 - ₹90

Listing Date

Dec 10, 2025

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Shri Kanha Stainless IPO - Issue Objectives

The company will use up to ₹5.49 crore to meet the working capital requirements. The company will use up to ₹12 crore to upgrade existing manufacturing facility The company will use up to ₹18 crore towards repayment of certain secured and unsecured borrowing Part of the IPO proceeds will be used for general corporate purposes

Working capital

11.8%

Capital expenditure

25.9%

Repayment of borrowings

38.8%

General corporate purposes

23.3%

1

Working capital

The company will use up to ₹5.49 crore to meet the working capital requirements.

11.80%
2

Capital expenditure

The company will use up to ₹12 crore to upgrade existing manufacturing facility

25.90%
3

Repayment of borrowings

The company will use up to ₹18 crore towards repayment of certain secured and unsecured borrowing

38.80%
4

General corporate purposes

Part of the IPO proceeds will be used for general corporate purposes

23.30%

IPO Subscription Status

NII
0.63x
Total
2.82x

Times subscribed by category (bars capped at 10x for readability). Dashed line marks 1.0x (fully subscribed).

Financials of Shri Kanha Stainless

In Cr.

Key Performance Indicator30-Sep-25 (In Cr.)31-Mar-25 (In Cr.)31-Mar-24 (In Cr.)31-Mar-23 (In Cr.)
Revenue110.30146.39131.00136.47
EBITDA9.2513.388.244.36
Expenses
Profit After Tax4.265.792.600.72
Assets116.34106.1380.2557.03
Net Worth16.0312.166.373.77
Reserves5.5911.295.502.90
Borrowing56.0250.9853.9440.36

Shri Kanha Stainless - Promoter(s)

Mr. Jai Bhagwan Agarwal

Mrs. Kavita Agarwal

Mr. Shashank Agrawal

Ms. Neha Agarwal

Pre Issue Share Holding

100%

Post Issue Share Holding

67%

Contact Details

Shri Kanha Stainless

Plot No. 70-B Unit No. 401-402, 4th Floor Trimurty Prime Tower, Nirwaroo Road, Jhotwara, Jaipur, Rajasthan, 302012

+919257043976
info@kanhastainless.com
https://www.kanhastainless.com/

Registrar Contact Details

MAS Services Limited

N/A
ipo@masserv.com
https://www.masserv.com/opt.asp

Shri Kanha Stainless IPO - FAQs

Shri Kanha Stainless IPO is a SME IPO. The issue is priced at ₹90 per equity share. The minimum order quantity is 3200 Shares. The IPO opens on 3 Dec, and closes on 5 Dec. MAS Services Limited is the registrar for the IPO. The shares are proposed to be listed on SME.









IPO Timeline

  • Pre Apply2025-12-02
  • Bidding Starts2025-12-03
  • Bidding Ends2025-12-05
  • Allotment Finalisation2025-12-08
  • Release of Funds2025-12-09
  • Demat Transfer2025-12-09
  • Listing2025-12-10