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Shri Hare-Krishna Sponge Iron IPO vs Sphinx Worldbiz IPO

Comparison between Shri Hare-Krishna Sponge Iron IPO and Sphinx Worldbiz IPO.

IPO Details

Shri Hare-Krishna Sponge Iron IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Sphinx Worldbiz IPO is a SME Bookbuilding proposed to list at NSE SME.

 Shri Hare-Krishna Sponge Iron IPOSphinx Worldbiz IPO
LogoShri Hare-Krishna Sponge Iron IPO LogoSphinx Worldbiz IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersHem Securities Ltd.Hem Securities Ltd.
RegistrarKfin Technologies Ltd.Maashitla Securities Pvt.Ltd.
Market MakerHem Finlease Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL

Issue Size and Price

The total issue size of Shri Hare-Krishna Sponge Iron IPO is up to ₹28.39 Cr whereas the issue size of the Sphinx Worldbiz IPO is up to ₹0.00 Cr. The final issue price of Shri Hare-Krishna Sponge Iron IPO is ₹59.00 per share and of Sphinx Worldbiz IPO is .

 Shri Hare-Krishna Sponge Iron IPOSphinx Worldbiz IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹56.00 per share
Issue Price (Upper)₹59.00 per share
Issue Price (Final)₹59.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size2000 shares
Fresh Issue Size48,12,000 shares55,68,000 shares
Fresh Issue Size (Amount)up to ₹28.39 Crup to ₹0.00 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total48,12,000 shares55,68,000 shares
Issue Size Total (Amount)up to ₹28.39 Crup to ₹0.00 Cr

IPO Timetable

Shri Hare-Krishna Sponge Iron IPO opens on Jun 24, 2025, while Sphinx Worldbiz IPO opens on . The closing date of Shri Hare-Krishna Sponge Iron IPO and Sphinx Worldbiz IPO is Jun 26, 2025, and , respectively.

 Shri Hare-Krishna Sponge Iron IPOSphinx Worldbiz IPO
Anchor Bid DateJun 23, 2025
Issue OpenJun 24, 2025
Issue CloseJun 26, 2025
Basis Of Allotment (Tentative)Jun 27, 2025
Initiation of Refunds (Tentative)Jun 30, 2025
Credit of Share (Tentative)Jun 30, 2025
Listing date (Tentative)Jul 01, 2025
Anchor Lockin End date 1Jul 26, 2025
Anchor Lockin End date 2Sep 24, 2025

Financials & KPIs

Shri Hare-Krishna Sponge Iron IPO P/E ratio is 9.06, as compared to Sphinx Worldbiz IPO P/E ratio of .

 Shri Hare-Krishna Sponge Iron IPOSphinx Worldbiz IPO
Financials

Shri Hare-Krishna Sponge Iron Limited Financial Information (Restated)

Shri Hare-Krishna Sponge Iron Limited's revenue decreased by 2% and profit after tax (PAT) dropped by 10% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets93.1675.7458.58
Total Income83.6084.9395.25
Profit After Tax9.2010.1710.53
EBITDA10.7812.1113.97
Net Worth73.5964.3954.22
Reserves and Surplus59.4750.2740.10
Total Borrowing11.397.240.75
Amount in ₹ Crore

Sphinx Worldbiz Limited Financial Information (Restated Consolidated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets52.939.831.02
Total Income85.4277.8551.31
Profit After Tax7.336.393.05
Net Worth28.1520.8314.43
Reserves and Surplus27.6520.3313.93
Total Borrowing10.86.998.87
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10099.93
Promoter Shareholding (Post-Issue)73.58
P/E Ratio9.06
Market Cap₹113.23 Cr.
ROE13.33%29.94%
ROCE14.70%28.77%
Debt/Equity0.150.38
EPS₹6.51
RoNW12.51%26.05%

Shares Offered

In the Shri Hare-Krishna Sponge Iron IPO Retail Individual Investors (RII) are offered 16,86,000 shares while in Sphinx Worldbiz IPO retail investors are offered 16,86,000 shares. Qualified Institutional Buyers (QIB) are offered 9,62,000 shares in Shri Hare-Krishna Sponge Iron IPO and in Sphinx Worldbiz IPO.

 Shri Hare-Krishna Sponge Iron IPOSphinx Worldbiz IPO
Anchor Investor Reserveration14,40,000 shares
Market Maker Reserveration2,58,000 shares
QIB9,62,000 shares
NII7,24,000 shares
RII16,86,000 shares
Employee
Others
Total48,12,000 shares

Bids Received (Subscription)

Shri Hare-Krishna Sponge Iron IPO subscribed 6.84x in total, whereas Sphinx Worldbiz IPO subscribed .

 Shri Hare-Krishna Sponge Iron IPOSphinx Worldbiz IPO
QIB (times)10.97x
NII (times)10.09x
Big NII (times)
Small NII (times)
RII (times)3.10x
Employee (times)
Other (times)
Total (times)6.84x