Subscription Status · Dec 03 – Dec 05, 2025 · ₹90–90
The Shri Kanha Stainless IPO subscription has recorded healthy investor demand with an overall subscription of 2.76× as of Dec 05, 2025, indicating that investors applied for 2.76 times the number of shares on offer. All investor categories (institutional, HNI, and retail) have participated actively, making this one of the closely watched IPO openings.
Last updated: Dec 05, 2025, 6:14 PM IST
| Category | Shares Offered | Shares Bid For | Times Subscribed | Applications |
|---|---|---|---|---|
|
NII
Non-Institutional Investors
|
2,441,600 | 1,500,800 |
0.61×
|
179 |
|
Individual
Individual Investors
|
2,441,600 | 11,993,600 |
4.91×
|
3,754 |
|
Total
|
4,883,200 | 13,494,400 |
2.76×
|
3,933 |
Snapshot of each day's bidding activity
| Category | Offered | Bid For | Times | Applications |
|---|---|---|---|---|
| NII | 2,441,600 | 1,500,800 | 0.61× | 179 |
| Individual Investors | 2,441,600 | 11,993,600 | 4.91× | 3,754 |
| Total | 4,883,200 | 13,494,400 | 2.76× | 3,933 |
As of December 05, 2025, the Shri Kanha Stainless IPO has been subscribed 2.76 times overall. The IPO is fully subscribed. A total of 3,933 applications received across all categories.
The Shri Kanha Stainless IPO subscription window was open from December 03, 2025 to December 05, 2025. Investors could apply through their demat account or ASBA facility.
The Shri Kanha Stainless IPO has a price band of ₹90 to ₹90 per share, with a lot size of 1,600 shares. Minimum retail investment: ₹144,000 (lower band) or ₹144,000 (upper band).
Overall NII: 0.61×. NII includes HNIs and corporate entities investing above ₹2 lakh.
Basis of allotment is on December 08, 2025. Check via the registrar's website, MAS Services Limited using your PAN number, application number, or DP/Client ID. You can also check on BSE/NSE websites or through your broker's app.
Shri Kanha Stainless IPO is expected to list on December 10, 2025. Shares will list on NSE SME platform. Allotted shares are credited to your demat account 1 business day before listing.
A subscription multiple of 2.76× means investors have bid for 2.76 times the total shares available. Since the IPO is oversubscribed, not every applicant will receive shares, allotment happens via lottery (for retail) or proportionately (for other categories). Higher multiples generally reduce allotment probability.
Based on the current retail subscription of data pending, the estimated allotment probability for retail investors is Moderate. Better odds than heavily subscribed IPOs. If final subscription stays below 1×, all applicants are likely to get full allotment.
You can apply for Shri Kanha Stainless IPO through: (1) ASBA (Application Supported by Blocked Amount) via your bank's net banking or mobile app, (2) UPI-based application through your broker's app (Zerodha, Groww, Angel One, etc.), or (3) directly via your demat account. The amount is blocked in your account and deducted only upon allotment. Applications were accepted from Dec 03 to Dec 05, 2025.
The grey market premium (GMP) reflects unofficial pre-listing trading sentiment. For the latest Shri Kanha Stainless IPO GMP data, check the IPORise GMP page. Note: GMP is unofficial, speculative, and not a guaranteed indicator of listing price. Use it only as a sentiment signal alongside official subscription data.
New to reading subscription numbers? Read our guide on IPO subscription explained.
Subscription Opens Done
Dec 03, 2025Subscription Closes Done
Dec 05, 2025Basis of Allotment Done
Dec 08, 2025Listing on NSE Done
Dec 10, 2025Better odds than heavily subscribed IPOs.
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Higher subscription = lower allotment probability. Progress bars compare each category relative to the highest-subscribed category.