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Shri Kanha Stainless Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Shri Kanha Stainless Ltd IPO

Registered Office: Plot No.70-B Unit No.401-402,4th Flr Trimurty Prime Tower , Jaipur - 302012 , Rajasthan , India.
Phone : +91 925 704 3976   Fax:
Email :  info@kanhastainless.com  
Website :  www.kanhastainless.com
public issue of 51,42,400 equity shares of face value (Rs)10/- each ("equity shares") of the company for cash at a price of (Rs)90/- per equity share (including a securities premium of (Rs)80/- per equity share) (the "issue price"), aggregating (Rs)46.28 crores ("issue") out of which, 2,59,200 equity shares aggregating to (Rs)2.33 crores is reserved for subscription by market maker ("market maker reservation portion"). The issue less the market maker reservation portion i.e. issue of 48,83,200 equity shares of face value of (Rs)10/- each at an issue price of (Rs)90/- per equity share aggregating to (Rs)43.95 crores is hereinafter referred to as the "net issue". The issue and the net issue constitutes 33.00% and 31.34%, respectively of the post issue paid up equity share capital of the company.

Issue Money Payable On
Opens On Closes On Application Allotment
03-Dec-25 05-Dec-25 (Rs)90.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :3200  Further Multiples of :1600

  (Rs Cr) Lead Managers to the Issue
Project Cost 42.47
Kreo Capital Private Limited
Project Financed through Current Offer 46.28  
Post Issue Equity Share Capital 15.58  
Issue Price (Rs)90.00  
 
Projects
Upgradation of existing manufacturing facility by installation of 1150 mm 4-Hi AGC Reversible Rolling MachineFunding of Working Capital Requirement of our Company
Repayment/pre-payment, in part, of certain secured and unsecured borrowing availed by our CompanyGeneral corporate purposes
Promoted By
Jai Bhagwan Agarwal  
Kavita Agarwal  
Shashank Agrawal  
Listing At
NSE - SME 
Registrar to the Issue
MAS Services Ltd