Shri Kanha Stainless Limited IPO
Shri Kanha Stainless Limited was originally incorporated on July 10, 2015, The company specializes in manufacturing high-precision stainless-steel cold rolled strips, circles, and sheets across the 200, 300, and 400 steel series. Its product portfolio caters to diverse industries including textiles, automotive, chemicals, electricals, capillary tubes, flexible tubes, clocks, and watches. With thickness offerings from 0.08 mm to 2.00 mm and slitting options of 5 mm and above, the company serves varied customer requirements with a strong emphasis on quality, customization, and reliability. Headquartered in Jaipur, the company has steadily evolved into a reputable manufacturer of precision stainless-steel cold rolled strips and related products.
Product Range
1. Cold Rolled Stainless-Steel Precision Strips
2. Stainless Steel Circles
3. Stainless Steel Sheets
These products are tailored to meet stringent industrial specifications and customer-driven requirements.
Competitive Strengths
1. Reputed stainless-steel manufacturer offering a wide range of cold rolled stainless sections across 200, 300, and 400 series.
2. Strong cost-control systems ensure stable margins despite rising raw material and operational costs.
3. Experienced management team with deep industry knowledge and decades of manufacturing expertise.
4. Robust quality assurance framework supported by in-house laboratories and multiple ISO and ISI certifications.
4. Consistently growing order book backed by timely execution, competitive pricing, and long-standing customer relationships
Objects of the Shri Kanha Stainless Limited IPO:
Shri Kanha Stainless Limited IPO Details:
| Open Date: | Dec 03 2025 |
| Close Date: | Dec 05 2025 |
| Total Shares: | 51,42,400 |
| Face Value: | ₹ 10 Per Equity Share |
| Issue Type: | Fixed Price Issue |
| Issue Size: | 46.28 Cr. |
| Lot Size: | 1600 Shares |
| Issue Price: | ₹ 90 Per Equity Share |
| Listing At: | NSE Emerge |
| Listing Date: | Dec 10 2025 |
Promoters And Management:
Financials of Shri Kanha Stainless Limited IPO:
| Particulars | 6M FY2025-26 | FY 2024-25 | FY 2023-2024 | FY 2022-2023 |
| Revenue from Operations (Cr) | 110.22 | 145.79 | 130.37 | 135.03 |
| EBITDA (Cr) | 9.24 | 13.38 | 8.24 | 4.36 |
| EBITDA Margins | 8.39% | 9.18% | 6.32% | 3.23% |
| PAT (Cr) | 4.25 | 5.79 | 2.6 | 0.72 |
| PAT Margins | 3.86% | 3.97% | 2.00% | 0.53% |
| ROCE | 11.64% | 19.20% | 13.22% | 7.37% |
| D/E Ratio | 3.49 | 4.19 | 8.47 | 10.71 |
| OPerating Cash Flow | -2.65 | -8.77 | 3.98 | 2.33 |
Comparison With Peers:
| Companies | Revenue (in cr) | EBITDA Margins | PAT Margins | ROCE | D/E Ratio | MCap (in cr) | P/E |
| Shri Kanha Stainless Limited | 145.79 | 9.18% | 3.97% | 19.20% | 4.19 | 140.24 | 24.22 |
| Hisar Metal Industries Limited | 245 | 6% | 1.22% | 9.37% | 1.07 | 93 | 37.80 |
| Quality Foils (India) Limited | 151 | 3% | 0.66% | 4.19% | 2.21 | 19 | 13.20 |
| NOTE:Forward P/E 16.50 is According to FY 2026 PAT | |||||||
Lead Manager of Shri Kanha Stainless Limited IPO:
Registrar of Shri Kanha Stainless Limited IPO:
Discussion on Shri Kanha Stainless Limited IPO:
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