IPO

IPO Synopsis

Shri Kanha Stainless Ltd
Registered Office: Plot No.70-B Unit No.401-402,4th Flr Trimurty Prime Tower , Jaipur - 302012 , Rajasthan , India.
Phone : +91 925 704 3976   Fax:
Email :  info@kanhastainless.com  
Website :  www.kanhastainless.com
public issue of 51,42,400 equity shares of face value Rs10/- each ("equity shares") of the company for cash at a price of Rs90/- per equity share (Including a Securities Premium of Rs80/- Per Equity Share) (the "Issue Price"), aggregating Rs46.28 crores ("Issue") out of which, 2,59,200 equity shares aggregating to Rs2.33 crores is reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 48,83,200 equity shares of face value of Rs10/- each at an issue price of Rs90/- per equity share aggregating to Rs43.95 crores is hereinafter referred to as the "Net Issue". The issue and the net issue constitutes 33.00% and 31.34%, respectively of the post issue paid up equity share capital of the company. Price Band: Rs90/- for equity share of face value of Rs10 each. The floor price is 9.00 times times the face value times of the face value of the equity shares. Bids can made for a minimum of 3,200 equity shares and in multiples of 1,600 equity shares thereafter.
Issue Money Payable On
Opens On Closes On Application Allotment
03-Dec-25 05-Dec-25 Rs 90.00-0.00 Rs 0.00-0.00
Minimum Application for shares in Nos :3200  Further Multiples of :1600
  (Rs Cr) Lead Managers to the Issue
Project Cost 42.47
Kreo Capital Private Limited
Project Financed through Current Offer 46.28
Post Issue Equity Share Capital 15.58
Issue Price Rs 90.00
Projects
Upgradation of existing manufacturing facility by installation of 1150 mm 4-Hi AGC Reversible Rolling Machine Funding of Working Capital Requirement of our Company
Repayment/pre-payment, in part, of certain secured and unsecured borrowing availed by our Company General corporate purposes
Promoted By Listing At Registrar to the Issue
  Jai Bhagwan Agarwal
  Kavita Agarwal
  Shashank Agrawal
 NSE - SME
No Data Found.

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