Shri Kanha Stainless SME IPO Subscription Status
Shri Kanha Stainless SME IPO closed on 5 December 2025 with an overall subscription of 2.81x based on shares applied. retail at 4.92x.
Allotment will be finalised on 8 December 2025. The stock is scheduled to list on NSE and BSE on 10 December 2025.
Issue Price
Rs 90.00
GMP Today
-
Overall Subscription
2.81x
Issue Size
₹43.95 Cr
Allotment Date
8 Dec 2025
Listing Date
10 Dec 2025
Shri Kanha Stainless SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 90.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| Other | Rs 21.97 Cr | Rs 16.23 Cr | 0.74x |
| QIB | - | Rs 2.00 Cr | - |
| FII | - | Rs 2.00 Cr | - |
| DFI | - | - | - |
| Mutual Funds | - | - | - |
| Other | - | - | - |
| NII | - | Rs 14.23 Cr | - |
| Corporate | - | Rs 2.64 Cr | - |
| Individual | - | Rs 11.45 Cr | - |
| Other | - | Rs 14.40 L | - |
| IND | Rs 21.97 Cr | Rs 108.12 Cr | 4.92x |
| Total | Rs 43.95 Cr | Rs 124.34 Cr | 2.83x |
Shri Kanha Stainless SME IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| Other | 509 | 180 | 0.35x |
| QIB | - | 1 | - |
| FII | - | 1 | - |
| DFI | - | - | - |
| Mutual Funds | - | - | - |
| Other | - | - | - |
| NII | - | 179 | - |
| Corporate | - | 5 | - |
| Individual | - | 172 | - |
| Other | - | 2 | - |
| IND | 763 | 3,754 | 4.92x |
| Total | 1,272 | 3,934 | 3.09x |
What Do These Subscription Numbers Mean?
A subscription of 2.81x by shares means the IPO received bids for 3 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
At 4.92x subscription by applications, approximately 1 in 5 retail applicants can expect an allotment (~20% per application). Retail allotment is done by lottery when oversubscribed.
Shri Kanha Stainless SME IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail (IND)
- •Application subscription: 4.92x.
- •Allotment odds: about 1 in 5 (~20% chance per application).
- •Method: Lottery. If allotted, you receive at least one lot.
- •One application per PAN. Multiple eligible accounts in a household can improve overall family odds, not individual odds.
Check the Shri Kanha Stainless SME IPO Allotment Status page from 8 December 2025 for your allotment result.
Shri Kanha Stainless SME IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 3 Dec 2025 | - | 0.25x | 0.55x | 0.40x |
| Day 2 - 4 Dec 2025 | - | 0.38x | 3.22x | 1.80x |
| Day 3 - 5 Dec 2025 | - | 0.61x | 4.91x | 2.81x |
Shri Kanha Stainless SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 3 December 2025 |
| IPO Close Date | 5 December 2025 |
| Allotment Date | 8 December 2025 |
| Refund Initiation | 9 December 2025 |
| Share Credit to Demat | 9 December 2025 |
| Listing Date | 10 December 2025 |
| Minimum Investment | Rs 2,88,000.00 |
| Lot Size | 1600 shares |
About Shri Kanha Stainless SME
Shri Kanha Stainless Limited, established in 2015, makes precision stainless-steel cold-rolled strips in thin and ultra-thin sizes (as thin as 0. 08 mm). The company manufactures products across 200, 300, and 400 stainless-steel series, also producing stainless-steel circles and sheets.
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 Kanha Stainless SME IPO GMP Today
Live GMP, listing price estimate, and listing gain
Shri Kanha Stainless SME IPO Allotment Status
Check allotment result on allotment date
Shri Kanha Stainless SME IPO Details
Financials, peers, strengths, and review
All IPO Subscription Status
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Shri Kanha Stainless SME IPO Subscription FAQs
What is Shri Kanha Stainless SME IPO subscription status today?
Shri Kanha Stainless SME IPO subscription closed on 5 December 2025 with overall subscription of 2.81x (by shares) as of 27 June 2026, 2:01 AM IST. QIB N/A, NII N/A, IND 4.92x.
What is the overall subscription of Shri Kanha Stainless SME IPO?
Shri Kanha Stainless SME IPO is subscribed 2.81x overall by shares at close on 5 December 2025. QIB N/A, NII N/A, and IND 4.92x.
What is Shri Kanha Stainless SME IPO QIB subscription?
QIB subscription for Shri Kanha Stainless SME IPO will appear here once institutional bids are recorded.
What is Shri Kanha Stainless SME IPO IND subscription?
Shri Kanha Stainless SME IPO IND subscription is 4.92x by applications. Minimum retail bid is up to Rs 2 lakh per PAN.
What is Shri Kanha Stainless SME IPO NII subscription?
NII subscription for Shri Kanha Stainless SME IPO will be updated during the subscription window.
What are allotment chances in Shri Kanha Stainless SME IPO for retail?
At 4.92x subscription by applications, approximately 1 in 5 retail applicants can expect an allotment (~20% per application). Allotment is done by lottery.
When is Shri Kanha Stainless SME IPO allotment date?
Shri Kanha Stainless SME IPO allotment date is 8 December 2025. Check Shri Kanha Stainless SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Shri Kanha Stainless SME IPO subscription close?
Shri Kanha Stainless SME IPO subscription closed on 5 December 2025. No new applications are accepted after the close.
What is Shri Kanha Stainless SME IPO GMP today?
GMP for Shri Kanha Stainless SME IPO is not available yet. Track Shri Kanha Stainless SME IPO GMP Today on IPOwiz once grey market activity starts.
What is Shri Kanha Stainless SME IPO issue price and lot size?
Shri Kanha Stainless SME IPO issue price is ₹90 per share. Lot size is 1600 shares. Minimum investment is ₹2,88,000 per lot (minimum 2 lots for SME). Issue size: ₹43.95 Cr.
When is Shri Kanha Stainless SME IPO listing date?
Shri Kanha Stainless SME IPO listing date is 10 December 2025 on NSE and BSE. Allotment is on 8 December 2025.
How does subscription affect Shri Kanha Stainless SME IPO allotment?
Allotment odds in Shri Kanha Stainless SME IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII uses proportional allotment by applications. At 2.81x overall, competition is moderate.
For allotment results from 8 December 2025, visit the Shri Kanha Stainless SME IPO Allotment Status page. For listing day updates on 10 December 2025, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.