Shri Hare-Krishna Sponge Iron IPO

Incorporated in May 2003, Shri Hare-Krishna Sponge Iron Limited manufactures and sells Sponge Iron. The manufacturing unit is in Siltara - Raipur, Chhattisgarh, covering 13.45 acres with an annual capacity of 30,000 metric tonnes. The manufacturing unit holds ISO ISO 9001:2015 for quality, ISO 14001:2015 for environment, and ISO 45001:2018 for occupational safety management. The company sells its products in Maharashtra, Madhya Pradesh, and Chhattisgarh. Products: Sponge Iron: Sponge Iron is the key raw material required to manufacture steel in both induction and electric arc furnaces. As of April 30, 2025, the company had 92 full-time employees. Competitive Strengths: In-house manufacturing facility. Stringent quality control mechanisms ensure standardized product quality. Long-standing relationship with our customers. Well-qualified and Experienced Management Team.

The Company Shri Hare-Krishna Sponge Iron IPO proposes to utilise the Net Proceeds from the Issue towards the following objects: S.No. Objects of the Issue Expected Amount (₹ in crores) 1 Funding of Capital Expenditure requirements of the company towards setup of Captive Power Plant at Siltara – Raipur 23.00 2 General Corporate Purpose

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