Shree Hare-Krishna Sponge Iron Limited IPO GMP

Shree Hare-Krishna Sponge Iron is primarily engaged in the business of manufacturing and selling of Sponge Iron. Sponge iron is mainly used as a raw material for steel production in electric arc furnaces and induction furnaces. Through their sponge iron business, they cater to the metallic requirements of steel producers in selected geographies.

Shree Hare-Krishna Sponge Iron, an Book Built Issue amounting to ₹ 29.13 Crores, consisting entirely an Fresh Issue of 50.70 Lakh Shares. The subscription period for the Shree Hare-Krishna Sponge Iron IPO opens on June 24, 2025, and closes on June 26, 2025. The allotment is expected to be finalized on or about Friday, June 27, 2025, and the shares will be listed on the NSE SME with a tentative listing date set on or about Tuesday, July 01, 2025.

The Share Price Band of Shree Hare-Krishna Sponge Iron IPO is set at ₹ 56 to ₹ 59 per equity share. The Market Capitalisation of the Shree Hare-Krishna Sponge Iron Limited at IPO price of ₹ 59 per equity share will be ₹ 113.22 Crores. The lot size of the IPO is 2,000 shares. Retail investors are required to invest a minimum of ₹ 1,18,000, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (4,000 shares), amounting to ₹ 2,36,000.

HEM SECURITIES LIMITED is the book running lead manager of the Shree Hare-Krishna Sponge Iron IPO, while KFIN TECHNOLOGIES LIMITED is the registrar for the issue. Hem Finlease Private Limited is the Market Maker for Shree Hare-Krishna Sponge Iron IPO.

Shree Hare-Krishna Sponge Iron Limited IPO GMP Today
The Grey Market Premium of Shree Hare-Krishna Sponge Iron Limited 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.

Shree Hare-Krishna Sponge Iron Limited IPO Live Subscription Status Today: Real-Time Update
As of 07:00 PM on 26 June, 2025, the Shree Hare-Krishna Sponge Iron Limited IPO live subscription status shows that the IPO subscribed 6.43 times on Final Day of subscription period. Check the Shree Hare-Krishna Sponge Iron IPO Live Subscription Status Today at NSE.

Shree Hare-Krishna Sponge Iron IPO Anchor Investors Report
Shree Hare-Krishna Sponge Iron has raised ₹ 8.49 Crores from Anchor Investors at a price of ₹ 59 per shares in consultation of the Book Running Lead Managers. The company allocated 14,40,000 equity shares to the Anchor Investors. Check Full List of Shree Hare-Krishna Sponge Iron Anchor Investor List.

Note:- Equity Shares allotted to Anchor Investors (if any) are allotted from Qualified Institutional Buyers (QIBs) reservation portion.
Note:- The Number of shares offered shown IPO subscription section table is calculated at the lower end of the price band and Number of shares calculated in IPO details table section is calculated at upper end of the price band in case of Book Building Issue, so there can be difference. This is because we assume shares will be issued by the company at upper band as Anchor Investors also subscribe at upper band and shares will be issued at lower band only if in case of undersubscription of IPO.
Note:- Market Maker portion (if any) are not shown separately in subscription table and included in NIIs reservation portion.

Shree Hare-Krishna Sponge Iron Limited Day Wise IPO GMP Trend

Shree Hare-Krishna Sponge Iron Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online
Shree Hare-Krishna Sponge Iron IPO allotment date is 27 June, 2025, Friday. Shree Hare-Krishna Sponge Iron IPO Allotment will be out on 27th June, 2025 and will be live on Registrar Website from the allotment date. Check Shree Hare-Krishna Sponge Iron IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Shree Hare-Krishna Sponge Iron Limited 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 Shree Hare-Krishna Sponge Iron Limited IPO
Shree Hare-Krishna Sponge Iron proposes to utilise the Net Proceeds towards the following objects: 
1. ₹ 2,300.00 Lakhs is required for funding of Capital Expenditure requirements of the company towards setup of Captive Power Plant at Siltara – Raipur;
2. General Corporate Purpose

Refer to Shree Hare-Krishna Sponge Iron Limited RHP for more details about the Company.