Shri Kanha Stainless IPO — Listing Performance
Shri Kanha Stainless IPO facts & figures
| Issue category | SME |
|---|---|
| Issue open date | 3 Dec 2025 |
| Listing date | 10 Dec 2025 |
| Overall subscription | 2.69x |
| Issue price | ₹90 |
| Listing-day close | ₹83.60 (-7.11%) |
| Recent market price | ₹22.80 (-74.67% vs issue) |
| 52-week range | ₹15.85 – ₹83.60 |
| Identifiers | NSE: SHRIKANHA · ISIN: INE1V4601019 |
How the listing went
Shri Kanha Stainless listed at a discount, closing its first day 7.11% below the issue price, on moderate subscription of 2.69x.
Shri Kanha Stainless against every other debut on record
- Rank in 2025: 181 of 215 NSE debuts, on a -7.11% first-day close.
- 17th percentile of 116 SME debuts in 2025 (median 6.52%).
- 18th of 24 debuts in December 2025.
- Subscribed 2.69x: 30th percentile of 165 SME issues with a figure; the 65 subscribed between 1 and 5 times closed day one a median -1.34%.
- Opened 2.22% below issue, then gave up 4.89 points to the close.
- Day-one range ₹83.60 to ₹88: a 4.89% swing on the issue price.
- Last close ₹22.80 (11 Sep 2026): 74.67% below issue, against -7.11% on day one.
- 1% up its 52-week range of ₹15.85 to ₹83.60.
- Listed 5 calendar days after close.
- All 601 SME debuts on record: median 14.22%, 79% closed above issue.
Computed over 1109 verified NSE debuts to 11 Sep 2026 · sources