DATE	GMP (GREY MARKET PREMIUM)	EXPECTED LISTING GAINS
05-Dec-2025	0	–
04-Dec-2025	10	10,000
03-Dec-2025	25	40,000

Shri Kanha Stainless IPO, a SME IPO of ₹43.95 Cr opens for subscription from December 3, 2025 to December 5, 2025. The IPO consists of ₹43.95 Cr fresh issue.

The face value of each share is 10, and the price band is set between 90.00 per share

The tentative listing date on the exchange (NSE SME) is December 10, 2025.

About Company – Shri Kanha Stainless

Shri Kanha Stainless Limited, makes precision stainless-steel cold-rolled strips in thin and ultra-thin sizes. Its products are used in many industries such as textiles, automotive, chemicals, and in items like flexible tubes, capillary tubes, watches, clocks, and electrical equipment.

The company manufactures stainless-steel coils in the 200, 300, and 400 series, with thicknesses from 0.08 mm to 2.00 mm and slitting from 5 mm. Products are offered in both hard and soft tempers as required.

Its product range includes:

• Cold-rolled stainless-steel precision strips
• Stainless-steel circles
• Stainless-steel sheets

The manufacturing unit is located in Sikar, Rajasthan. The plant has a production capacity of 14,000 MTPA.

As of November 25, 2025, the company has an order book of ₹1,273.49 lakhs.