Shri Hare-Krishna Sponge Iron Limited
NNSE:SHKSIL30.50
INR
+1.00
(+3.39%)
Shri Hare-Krishna Sponge Iron Limited
NSE:SHKSIL
(National Stock Exchange of India)
Recent
price
30.50
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Semi-annual Revenue
FRC
•
in mil. unless spec.Semi-annual Earnings Per Share
FRC
•
in mil. unless spec.Semi-annual Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Shri Hare-Krishna Sponge Iron Limited is an India-based integrated steel manufacturing company primarily engaged in the production and distribution of direct reduced iron and intermediate steel products. Founded in 2003 and headquartered in North 24 Parganas, West Bengal, with primary manufacturing operations located in the Siltara Industrial Area in Raipur, Chhattisgarh, the company operates within the metallurgy and secondary steel fabrication sectors. The company's core product portfolio includes sponge iron (direct reduced iron) used as primary raw material feedstock for electric arc and induction melting furnaces; steel melting shop products comprising mild steel (MS) ingots, steel shots, and steel grits; re-rolled structural steel products, including industrial angles, channels, and structural beams; and precision wear parts and castings, consisting of grinding media balls, tooth points, and specialized alloy steel castings. Shri Hare-Krishna Sponge Iron Limited caters to steel processing plants, foundry units, infrastructure contractors, and heavy engineering enterprises across domestic markets, focusing predominantly on Chhattisgarh, Maharashtra, and Madhya Pradesh. In recent developments, the company successfully completed its initial public offering on the National Stock Exchange of India (NSE Emerge platform) under the ticker SHKSIL in July 2025, raising approximately INR 29.91 crore through a fresh equity issuance. The company is deploying the IPO proceeds to construct a dedicated captive power generation facility at its Siltara manufacturing complex to optimize energy efficiency and lower production overheads, while concurrently advancing strategic expansions into higher-margin, import-substitute alloy steel castings and machinery wear-resistant components.