Shri Hare-Krishna Sponge Iron SME IPO Subscription Status
Shri Hare-Krishna Sponge Iron SME IPO closed on 26 June 2025 with an overall subscription of 6.84x based on shares applied. QIB demand came in at 10.97x, NII at 10.09x, and retail at 3.03x.
Allotment will be finalised on 27 June 2025. The stock is scheduled to list on NSE and BSE on 1 July 2025.
Issue Price
Rs 59.00
GMP Today
-
Overall Subscription
6.84x
Issue Size
₹28.39 Cr
Allotment Date
27 Jun 2025
Listing Date
1 Jul 2025
Shri Hare-Krishna Sponge Iron SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 59.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 5.68 Cr | Rs 62.26 Cr | 10.97x |
| NII | Rs 4.27 Cr | Rs 43.08 Cr | 10.09x |
| IND | Rs 9.95 Cr | Rs 30.15 Cr | 3.03x |
| Total | Rs 19.89 Cr | Rs 135.49 Cr | 6.81x |
Shri Hare-Krishna Sponge Iron SME IPO Subscription by Shares
Category-wise subscription based on shares bid. Application-wise bid counts are not available for this IPO yet.
| Category | Shares Offered | Shares Bid | Subscription |
|---|---|---|---|
| QIB | 9,62,000 | 1,05,52,000 | 10.97x |
| NII | 7,24,000 | 73,02,000 | 10.09x |
| IND | 16,86,000 | 51,10,000 | 3.03x |
| Total | 33,72,000 | 2,29,64,000 | 6.81x |
What Do These Subscription Numbers Mean?
A subscription of 6.84x by shares means the IPO received bids for 7 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 10.97x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 10.97x, it reflects serious institutional conviction.
NII at 10.09x by shares: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription.
Retail at 3.03x by shares: Allotment is by lottery, but application-wise data is needed for accurate 1-in-X odds. Share oversubscription often overstates how hard allotment is.
Shri Hare-Krishna Sponge Iron SME IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail (IND)
- •Share subscription: 3.03x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
Check the Shri Hare-Krishna Sponge Iron SME IPO Allotment Status page from 27 June 2025 for your allotment result.
Shri Hare-Krishna Sponge Iron SME IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 24 Jun 2025 | 1.76x | 0.17x | 0.26x | 0.67x |
| Day 2 - 25 Jun 2025 | 1.76x | 1.60x | 0.57x | 1.13x |
| Day 3 - 26 Jun 2025 | 10.97x | 10.09x | 3.03x | 6.81x |
Shri Hare-Krishna Sponge Iron SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 24 June 2025 |
| IPO Close Date | 26 June 2025 |
| Allotment Date | 27 June 2025 |
| Refund Initiation | 28 June 2025 |
| Share Credit to Demat | 28 June 2025 |
| Listing Date | 1 July 2025 |
| Minimum Investment | Rs 2,36,000.00 |
| Lot Size | 2000 shares |
About Shri Hare-Krishna Sponge Iron SME
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.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
IND - Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
Shri Hare-Krishna Sponge Iron SME IPO GMP Today
Live GMP, listing price estimate, and listing gain
Shri Hare-Krishna Sponge Iron SME IPO Allotment Status
Check allotment result on allotment date
Shri Hare-Krishna Sponge Iron SME IPO Details
Financials, peers, strengths, and review
All IPO Subscription Status
Subscription for all active IPOs
Shri Hare-Krishna Sponge Iron SME IPO Subscription FAQs
What is Shri Hare-Krishna Sponge Iron SME IPO subscription status today?
Shri Hare-Krishna Sponge Iron SME IPO subscription closed on 26 June 2025 with overall subscription of 6.84x (by shares) as of 27 June 2026, 2:01 AM IST. QIB 10.97x, NII 10.09x, IND 3.03x.
What is the overall subscription of Shri Hare-Krishna Sponge Iron SME IPO?
Shri Hare-Krishna Sponge Iron SME IPO is subscribed 6.84x overall by shares at close on 26 June 2025. QIB 10.97x, NII 10.09x, and IND 3.03x.
What is Shri Hare-Krishna Sponge Iron SME IPO QIB subscription?
Shri Hare-Krishna Sponge Iron SME IPO QIB (Qualified Institutional Buyers) subscription is 10.97x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Shri Hare-Krishna Sponge Iron SME IPO IND subscription?
Shri Hare-Krishna Sponge Iron SME IPO IND subscription is 3.03x by shares. Minimum retail bid is up to Rs 2 lakh per PAN.
What is Shri Hare-Krishna Sponge Iron SME IPO NII subscription?
Shri Hare-Krishna Sponge Iron SME IPO NII (Non-Institutional Investors) subscription is 10.09x by shares. NII covers bids above Rs 2 lakh.
What are allotment chances in Shri Hare-Krishna Sponge Iron SME IPO for retail?
Shri Hare-Krishna Sponge Iron SME IPO retail share subscription is 3.03x. Application-wise data is needed for accurate lottery odds.
When is Shri Hare-Krishna Sponge Iron SME IPO allotment date?
Shri Hare-Krishna Sponge Iron SME IPO allotment date is 27 June 2025. Check Shri Hare-Krishna Sponge Iron SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Shri Hare-Krishna Sponge Iron SME IPO subscription close?
Shri Hare-Krishna Sponge Iron SME IPO subscription closed on 26 June 2025. No new applications are accepted after the close.
What is Shri Hare-Krishna Sponge Iron SME IPO GMP today?
GMP for Shri Hare-Krishna Sponge Iron SME IPO is not available yet. Track Shri Hare-Krishna Sponge Iron SME IPO GMP Today on IPOwiz once grey market activity starts.
What is Shri Hare-Krishna Sponge Iron SME IPO issue price and lot size?
Shri Hare-Krishna Sponge Iron SME IPO issue price is ₹59 per share. Lot size is 2000 shares. Minimum investment is ₹2,36,000 per lot (minimum 2 lots for SME). Issue size: ₹28.39 Cr.
When is Shri Hare-Krishna Sponge Iron SME IPO listing date?
Shri Hare-Krishna Sponge Iron SME IPO listing date is 1 July 2025 on NSE and BSE. Allotment is on 27 June 2025.
How does subscription affect Shri Hare-Krishna Sponge Iron SME IPO allotment?
Allotment odds in Shri Hare-Krishna Sponge Iron SME IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII uses proportional allotment by applications. At 6.84x overall, competition is moderate.
For allotment results from 27 June 2025, visit the Shri Hare-Krishna Sponge Iron SME IPO Allotment Status page. For listing day updates on 1 July 2025, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.