Shri Hare-Krishna Sponge Iron IPO vs Suntech Infra Solutions IPO

Comparison between Shri Hare-Krishna Sponge Iron IPO and Suntech Infra Solutions IPO.

IPO Details

Shri Hare-Krishna Sponge Iron IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Suntech Infra Solutions IPO is a SME Bookbuilding proposed to list at NSE SME.

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 Suntech Infra Solutions IPO is up to ₹42.16 Cr. The final issue price of Shri Hare-Krishna Sponge Iron IPO is ₹59.00 per share and of Suntech Infra Solutions IPO is ₹86.00 per share.

 Shri Hare-Krishna Sponge Iron IPOSuntech Infra Solutions IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹56.00 per share₹81.00 per share
Issue Price (Upper)₹59.00 per share₹86.00 per share
Issue Price (Final)₹59.00 per share₹86.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size2000 shares1600 shares
Fresh Issue Size48,12,000 shares37,15,200 shares
Fresh Issue Size (Amount)up to ₹28.39 Crup to ₹31.95 Cr
OFS Issue Size0 shares11,87,200 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹10.21 Cr
Issue Size Total48,12,000 shares49,02,400 shares
Issue Size Total (Amount)up to ₹28.39 Crup to ₹42.16 Cr

IPO Timetable

Shri Hare-Krishna Sponge Iron IPO opens on Jun 24, 2025, while Suntech Infra Solutions IPO opens on Jun 25, 2025. The closing date of Shri Hare-Krishna Sponge Iron IPO and Suntech Infra Solutions IPO is Jun 26, 2025, and Jun 27, 2025, respectively.

 Shri Hare-Krishna Sponge Iron IPOSuntech Infra Solutions IPO
Anchor Bid DateJun 23, 2025Jun 24, 2025
Issue OpenJun 24, 2025Jun 25, 2025
Issue CloseJun 26, 2025Jun 27, 2025
Basis Of Allotment (Tentative)Jun 27, 2025Jun 30, 2025
Initiation of Refunds (Tentative)Jun 30, 2025Jul 01, 2025
Credit of Share (Tentative)Jun 30, 2025Jul 01, 2025
Listing date (Tentative)Jul 01, 2025Jul 02, 2025
Anchor Lockin End date 1Jul 26, 2025Jul 30, 2025
Anchor Lockin End date 2Sep 24, 2025Sep 28, 2025

Financials & KPIs

Shri Hare-Krishna Sponge Iron IPO P/E ratio is 9.06, as compared to Suntech Infra Solutions IPO P/E ratio of 14.31.

 Shri Hare-Krishna Sponge Iron IPOSuntech Infra Solutions IPO
Financials

Company Financials (Restated)

Shri Hare-Krishna Sponge Iron Ltd.'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

Company Financials (Restated Consolidated)

Period Ended31 Dec 202431 Mar 202431 Mar 202331 Mar 2022
Assets164.30120.28100.3877.93
Total Income91.2596.2586.1972.32
Profit After Tax10.289.255.763.02
EBITDA29.5727.2219.9913.47
NET Worth48.8438.5626.3220.56
Reserves and Surplus33.4536.0023.9018.15
Total Borrowing79.9356.3833.3834.25
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10094.17
Promoter Shareholding (Post-Issue)73.5868.71
P/E Ratio9.0614.31
Market Cap₹113.23 Cr.₹166.52 Cr.
ROE13.3328.50
ROCE14.7017.23
Debt/Equity0.151.46
EPS₹6.51₹6.01
RoNW12.5123.97

Shares Offered

In the Shri Hare-Krishna Sponge Iron IPO Retail Individual Investors (RII) are offered 16,86,000 shares while in Suntech Infra Solutions 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 9,80,800 shares in Suntech Infra Solutions IPO.

 Shri Hare-Krishna Sponge Iron IPOSuntech Infra Solutions IPO
Anchor Investor Reservation14,40,000 shares14,68,800 shares
Market Maker Reservation2,58,000 shares2,59,200 shares
QIB9,62,000 shares9,80,800 shares
NII7,24,000 shares7,36,000 shares
RII16,86,000 shares17,16,800 shares
Employee
Others
Total48,12,000 shares49,02,400 shares

Bids Received (Subscription)

Shri Hare-Krishna Sponge Iron IPO subscribed 4.80x in total, whereas Suntech Infra Solutions IPO subscribed 156.63x.

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Shri Hare-Krishna Sponge Iron IPO Vs Suntech Infra Solutions IPO