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Shri Hare-Krishna Sponge Iron IPO vs Srigee DLM IPO

Comparison between Shri Hare-Krishna Sponge Iron IPO and Srigee DLM IPO.

IPO Details

Shri Hare-Krishna Sponge Iron IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Srigee DLM IPO is a SME Bookbuilding proposed to list at BSE SME.

 Shri Hare-Krishna Sponge Iron IPOSrigee DLM IPO
LogoShri Hare-Krishna Sponge Iron IPO LogoSrigee DLM IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtNSE SMEBSE SME
Lead ManagersHem Securities Ltd.GYR Capital Advisors Pvt.Ltd.
RegistrarKfin Technologies Ltd.Bigshare Services Pvt.Ltd.
Market MakerHem Finlease Pvt.Ltd.Globalworth Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor Anchor Investor
IPO Allotment URLIPO Allotment URL IPO 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 Srigee DLM IPO is up to ₹16.12 Cr. The final issue price of Shri Hare-Krishna Sponge Iron IPO is ₹59.00 per share and of Srigee DLM IPO is ₹99.00 per share.

 Shri Hare-Krishna Sponge Iron IPOSrigee DLM IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹56.00 per share₹94.00 per share
Issue Price (Upper)₹59.00 per share₹99.00 per share
Issue Price (Final)₹59.00 per share₹99.00 per share
Discount (Retail)₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares1200 shares
Fresh Issue Size48,12,000 shares16,28,400 shares
Fresh Issue Size (Amount)up to ₹28.39 Crup to ₹16.12 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total48,12,000 shares16,28,400 shares
Issue Size Total (Amount)up to ₹28.39 Crup to ₹16.12 Cr

IPO Timetable

Shri Hare-Krishna Sponge Iron IPO opens on Jun 24, 2025, while Srigee DLM IPO opens on May 05, 2025. The closing date of Shri Hare-Krishna Sponge Iron IPO and Srigee DLM IPO is Jun 26, 2025, and May 07, 2025, respectively.

 Shri Hare-Krishna Sponge Iron IPOSrigee DLM IPO
Anchor Bid DateJun 23, 2025May 02, 2025
Issue OpenJun 24, 2025May 05, 2025
Issue CloseJun 26, 2025May 07, 2025
Basis Of Allotment (Tentative)Jun 27, 2025May 08, 2025
Initiation of Refunds (Tentative)Jun 30, 2025May 09, 2025
Credit of Share (Tentative)Jun 30, 2025May 09, 2025
Listing date (Tentative)Jul 01, 2025May 12, 2025
Anchor Lockin End date 1Jul 26, 2025Jun 07, 2025
Anchor Lockin End date 2Sep 24, 2025Aug 06, 2025

Financials & KPIs

Shri Hare-Krishna Sponge Iron IPO P/E ratio is 9.06, as compared to Srigee DLM IPO P/E ratio of 13.62.

 Shri Hare-Krishna Sponge Iron IPOSrigee DLM 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

Srigee DLM Limited Financial Information (Restated)

Period Ended31 Dec 202431 Mar 202431 Mar 202331 Mar 2022
Assets32.0224.9919.8916.23
Total Income54.4754.6547.2533.04
Profit After Tax3.773.12.811.13
Net Worth18.4614.6810.67.79
Reserves and Surplus14.210.38.795.97
Total Borrowing2.832.272.513.71
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10063.44
Promoter Shareholding (Post-Issue)73.58
P/E Ratio9.0613.62
Market Cap₹113.23 Cr.₹59.14 Cr.
ROE13.33%24.49%
ROCE14.70%25.80%
Debt/Equity0.150.15
EPS₹6.51₹7.27
RoNW12.51%20.44%

Shares Offered

In the Shri Hare-Krishna Sponge Iron IPO Retail Individual Investors (RII) are offered 16,86,000 shares while in Srigee DLM 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 3,25,000 shares in Srigee DLM IPO.

 Shri Hare-Krishna Sponge Iron IPOSrigee DLM IPO
Anchor Investor Reserveration14,40,000 shares4,84,800 shares
Market Maker Reserveration2,58,000 shares86,400 shares
QIB9,62,000 shares3,25,000 shares
NII7,24,000 shares2,46,000 shares
RII16,86,000 shares5,72,400 shares
Employee
Others
Total48,12,000 shares16,28,400 shares

Bids Received (Subscription)

Shri Hare-Krishna Sponge Iron IPO subscribed 6.84x in total, whereas Srigee DLM IPO subscribed 490.93x.

 Shri Hare-Krishna Sponge Iron IPOSrigee DLM IPO
QIB (times)10.97x136.52x
NII (times)10.09x1,534.66x
Big NII (times)
Small NII (times)
RII (times)3.10x243.71x
Employee (times)
Other (times)
Total (times)6.84x490.93x