The Shri Kanha Stainless IPO GMP has become a major point of interest among SME IPO investors as the company launches its ₹46.28 crore public offering. With positive movement in the grey market and strong early sentiment, this IPO is drawing notable traction from both retail and HNI investors.

In this article, you’ll get the latest updates on the Shri Kanha Stainless IPO GMP, issue details, listing expectations, and market trends.


Shri Kanha Stainless IPO GMP Today

As per the latest market data, the Shri Kanha Stainless IPO GMP is ₹25, last updated on December 4, 2025 (09:59 AM).

With an IPO price of ₹90 per share, the estimated listing price is around ₹115, projecting an expected gain of nearly 27.78% per share if the GMP sustains till listing.

The retail subject-to-sauda figure stands at ₹30,400, indicating strong retail interest.

The GMP has remained positive during the last six sessions, suggesting rising demand and a strong potential listing on NSE SME.


 GMP Trend So Far

  • Lowest GMP: ₹0

  • Highest GMP: ₹25

  • Current Trend: Upward

  • Sentiment: Strong, based on consistent grey market activity

Investors are actively tracking the Shri Kanha Stainless IPO GMP as it hints at a solid listing premium if the momentum continues.

 Shri Kanha Stainless IPO – Key Details

  • IPO Type: Fixed Price Issue

  • Issue Size: ₹46.28 Crore

  • Fresh Issue: Entirely fresh issue of 0.51 crore shares

  • Listing Exchange: NSE SME

  • Price: ₹90 per share

This being a 100% fresh issue means the raised capital will directly support business expansion and balance sheet strength.

 Important Dates for Shri Kanha Stainless IPO

Event

Date

IPO Opens

December 3, 2025

IPO Closes

December 5, 2025

Basis of Allotment

December 8, 2025

Refunds Initiation

December 9, 2025

Demat Transfer

December 9, 2025

Listing Date

December 10, 2025

With a quick timeline typical of SME IPOs, investor interest tends to peak between allotment and listing dates.

Lot Size & Investment Requirements

  • Lot Size: 1,600 shares

  • Retail Minimum Investment:

    • 2 lots = 3,200 shares

    • ₹2,88,000 (at issue price)

  • HNI Minimum Investment:

    • 3 lots = 4,800 shares

    • ₹4,32,000

The higher investment requirement reflects the typical structure of SME IPOs but hasn’t discouraged traction due to positive GMP signals.

Why Investors Are Tracking Shri Kanha Stainless IPO GMP

Several factors are contributing to the rising interest:

  • Upward GMP trend showing strong grey-market demand

  • Reasonable valuation at ₹90 per share

  • Positive sector outlook for steel and stainless-steel products

  • Strong retail sauda figures, indicating high retail sentiment

  • Possibility of listing gains, backed by consistent GMP rise

For many traders, the GMP serves as an early indicator of how the stock might perform on listing day.

Estimated Listing Price

  • Issue Price: ₹90

  • Current GMP: ₹25

  • Estimated Listing Price: ~₹115 per share

  • Expected Listing Gain: ~27.78%

This projection is based on the latest GMP trend and may vary depending on final subscription numbers and market conditions.

Final Thoughts

The Shri Kanha Stainless IPO GMP is showing a strong upward movement, reflecting solid investor interest ahead of the listing. With a GMP high of ₹25 and positive grey-market sentiment across recent sessions, the IPO appears to be gaining momentum, hinting at a potentially premium listing.

However, investors should pair GMP trends with fundamentals, subscription data, and market stability before making any decision.

For daily updated GMP, live IPO data, allotment status, and expected listing price, stay connected with Finowings.


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