Shri Kanha Stainless SME
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. Its products are vital for industries such as textiles, automotive, chemicals, flexible tubes, watches, and electrical equipment. The manufacturing unit is located in Sikar, Rajasthan, with a production capacity of 14,000 MTPA. The company holds a strong order book of ₹12.73 crore as of November 25, 2025.
Investment Timeline
🤖 Smart Analysis
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🎯 Application Strategy
Action: ⛔ AVOID - Better opportunities available elsewhere
Lots: NOT RECOMMENDED
⏳ Timing Advice
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Key Factor Analysis
Issue Details
Object of the Issue
The company proposes to utilize the Net Proceeds from the Issue towards the following objects:
- Upgradation of existing manufacturing facility by installation of 1150 mm 4- Hi AGC Reversible Rolling Machine (₹12.00 Cr).
- Repayment/pre-payment, in part, of certain secured and unsecured borrowing availed by the Company (₹18.00 Cr).
- Funding of Working Capital Requirement of the Company (₹5.48 Cr).
- General corporate purposes (₹5.00 Cr).
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