Shri Hare-Krishna Sponge Iron SME GMP - Live Grey Market Premium
Alloted
Shri Hare-Krishna Sponge Iron is engaged in the manufacturing and sale of sponge iron, which is primarily used as a raw material in electric arc furnaces and induction furnaces for steel production. The company's manufacturing facility is located in Siltara, Raipur, Chhattisgarh, across 13.45 acres with an annual production capacity of 30,000 metric tonnes. The facility is equipped with advanced machinery, an in-house testing laboratory, and other handling equipment. In addition to sponge iron, the company also produces by-products such as Dolochar, iron ore fines, and other items like dust and waste scrap.
IPO Details
GMP Timeline
| Date | IPO Price | GMP | Est. Price | % Change |
|---|---|---|---|---|
27 Jun 2025Live | 59 | 0 | 59 | 0.00 |
26 Jun 2025 | 59 | 0 | 59 | 0.00 |
25 Jun 2025 | 59 | 0 | 59 | 0.00 |
24 Jun 2025 | 59 | 0 | 59 | 0.00 |
23 Jun 2025 | 59 | 0 | 59 | 0.00 |
22 Jun 2025 | 59 | 0 | 59 | 0.00 |
21 Jun 2025 | 59 | 0 | 59 | 0.00 |
20 Jun 2025 | 59 | 0 | 59 | 0.00 |
19 Jun 2025 | 59 | 0 | 59 | 0.00 |
18 Jun 2025 | 59 | 0 | 59 | 0.00 |
Important Notes About Grey Market Premium
Grey Market Premium (GMP) is an unofficial value that indicates investor sentiment before the IPO listing. It is the premium amount at which IPO shares are traded in the grey market before they are officially listed on the stock exchange.
GMP fluctuates based on market conditions and investor sentiment. A positive GMP suggests the market expects the stock to list above its issue price, while a negative GMP suggests it may list below the issue price.
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