Shri Hare-Krishna Sponge Iron SME Logo

Shri Hare-Krishna Sponge Iron SME

smeListed
GMP
₹0

Investment Timeline

IPO Open
24 Jun 2025
IPO Close
26 Jun 2025
Allotment
27 Jun 2025
Listing
1 Jul 2025

🤖 Smart Analysis

Educational

*AI score is algorithmic and for educational purposes only.

Algorithm Verdict
AVOID
39.2/100

🎯 Application Strategy

Action: ⛔ AVOID - Better opportunities available elsewhere
Lots: NOT RECOMMENDED

Timing Advice

📊 Monitor subscription trends before applying

Key Factor Analysis

🚀
Demand
⚠️ Moderate subscription - average investor interest
💰
Valuation
⚠️ Moderate valuation - fairly priced but limited upside
📈
Listing
❌ Risk of listing at discount or minimal gains
📊
Financials
⚠️ Average financials - growth could be better

Issue Details

🏷️Price Band
₹56.00-59.00
📦Lot Size
2000 shares
💰Issue Size
₹28.39 Cr
🛒Retail Quota
N/A

Object of the Issue

The company proposes to utilize the Net Proceeds from the Issue towards the following objects:

  • Funding of Capital Expenditure requirements of the company towards setup of Captive Power Plant at Siltara – Raipur.
  • General Corporate Purpose.

Frequently Asked Questions

What is the current GMP of Shri Hare-Krishna Sponge Iron SME?

As of today, the Grey Market Premium (GMP) for Shri Hare-Krishna Sponge Iron SME is ₹0, which is approximately null of the issue price. Please note that GMP is unofficial market intelligence and subject to volatility.

What is the AI Prediction for Shri Hare-Krishna Sponge Iron SME?

Our AI algorithm currently rates this IPO as "AVOID" with a score of 39.2/100. This analysis is based on data patterns and is for educational purposes only, not financial advice.

When will the allotment for Shri Hare-Krishna Sponge Iron SME be announced?

The allotment status for Shri Hare-Krishna Sponge Iron SME is expected to be finalized on 27 Jun 2025. Investors can check their status on the registrar's website.

What is the listing date for Shri Hare-Krishna Sponge Iron SME?

Shares of Shri Hare-Krishna Sponge Iron SME are proposed to be listed on stock exchanges on 1 Jul 2025.

Liability Disclaimer: Ipofly.com is an informational platform. We are not SEBI registered. The information provided here (including GMP and AI analysis) is for educational purposes only and should not be considered financial advice. Investments in the stock market are subject to market risks. Please consult your financial advisor before investing.

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