Shri Kanha Stainless Ltd IPO Day 2 Subscriptions Status: Check Bidding Details

Summary of IPO:

Shri Kanha Stainless Ltd IPO consists of a fresh issue of ₹46.28. The IPO’s price band is ₹90 – ₹0 per share. The company’s shares will be listed on NSE - SME on 10 Dec 25

The initial public offering of Shri Kanha Stainless Ltd ended the second day with investors bidding 1.2122 times the available shares. The retail investor portion of the IPO was subscribed 2.1835 times the available shares on offer. Retail investors have 2,441,600/5,142,400 (47.48%) shares of the total issue reserved for them.

At the end of bidding on day 2, the qualified institutional buyers -/6,233,600 (0.00%) portion of the IPO got bids for - times the available shares on offer. The QIB portion includes insurance companies, domestic mutual funds, foreign institutional buyers, and other institutional investors.

The non institutional investors quota got bids for 0.3341 times the available quota of shares. This segment includes HNI and ultra HNI investors.

Here are the key details of Shri Kanha Stainless Ltd IPO

Fresh issue: 46.28 

Price Band: ₹90 – ₹ 0 per share 

Bid open dates: 03 Dec 25 

Allotment date: 08 Dec 25 

Listing date: 10 Dec 25