Shri Kanha Stainless SME IPO Subscription
ListedUpdated 10 December 2025, 9:15 AM IST· NSE SME
Shri Kanha Stainless SME IPO subscription closed on 5 December 2025 at 2.81x overall by shares. retail at 4.92x. See Retail, SHNI, and BHNI allotment chances in the table below.
Allotment date is 8 December 2025. Listing date on NSE and BSE is 10 December 2025.
Shri Kanha Stainless SME IPO Day-wise Subscription
Daily QIB, NII, Retail, and overall subscription as bids come in
| 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 Allotment Chances
Retail, SHNI, and BHNI chances based on application subscription
Shri Kanha Stainless SME IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.
| Category | Subscription (Apps) | Allotment Chances |
|---|---|---|
| Retail (IND) | 4.92x | 1 in 5 |
Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.
Check the Shri Kanha Stainless SME IPO Allotment Status page from 8 December 2025 for your result.
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?
2.81x overall by shares means bids covered about 3 times the shares on offer. Allotment chances depend on applications in each category.
At 4.92x subscription by applications, about 1 in 5 retail applicants may get allotment (~20% chance per application). Retail allotment is also by lottery.
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 (SHNI & BHNI)
Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.
IND - Individual Investors
Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.
Shri Kanha Stainless SME IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Shri Kanha Stainless SME Details
Issue size, price, financials, and company info
Shri Kanha Stainless SME GMP
Live grey market premium and listing estimate
Shri Kanha Stainless SME Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Shri Kanha Stainless SME Allotment
Allotment date, chances, and check by PAN
Shri Kanha Stainless SME Review
SWOT, strengths, risks, and IPO review
Shri Kanha Stainless SME FAQ
Common questions on dates, GMP, and allotment
Shri Kanha Stainless SME Registrar
Registrar website and how to check allotment
Shri Kanha Stainless SME Timeline
Open, close, allotment, and listing dates
Shri Kanha Stainless SME News
Updates, blogs, and latest IPO news
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 August 2026, 4:32 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. Retail bids are up to Rs 2 lakh per PAN.
What is Shri Kanha Stainless SME IPO NII, SHNI, and BHNI subscription?
NII, SHNI, and BHNI subscription for Shri Kanha Stainless SME IPO will update during the bidding window.
What are Shri Kanha Stainless SME IPO retail allotment chances?
At 4.92x subscription by applications, about 1 in 5 retail applicants may get allotment (~20% chance per application). Allotment is by lottery.
What are Shri Kanha Stainless SME IPO SHNI allotment chances?
Shri Kanha Stainless SME IPO SHNI allotment chances depend on final application subscription. Allotment is by lottery when oversubscribed.
What are Shri Kanha Stainless SME IPO BHNI allotment chances?
Shri Kanha Stainless SME IPO BHNI allotment chances depend on final application subscription. Allotment is by lottery when oversubscribed.
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?
In Shri Kanha Stainless SME IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. 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.
Sources
We match Shri Kanha Stainless SME IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- IPO RegistrarRegistrar details are on the allotment page for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.