Kanohar Electricals Ltd IPO was priced at ₹601–₹632 per share with an issue size of ₹1,056 crore. The IPO opened on Sep 08, 2026 and closed on Sep 10, 2026, with a lot size of 23 shares and a minimum investment of ₹14,536.
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| Price Band | ₹601.00 - ₹632.00 per share |
| Lot Size | 23 shares |
| Min Investment | ₹14,536 |
| Total Issue Size | ₹1056.00 crore |
| Shares Offered | 1,67,04,750 |
| Issue Structure | Fresh Issue + Offer for Sale |
| Issue Type | Bookbuilding IPO |
| Lead Manager(s) | Nuvama Wealth Management Ltd., IIFL Capital Services Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. |
| Listing At | BSE, NSE |
Issue price ₹632 · lot size 23 shares · estimated listing price ₹872 (GMP +₹240)
| Category | Lots | Shares | Investment | Value at listing | Profit |
|---|---|---|---|---|---|
| Retail (Min) | 1 | 23 | ₹14,536 | ₹20,056 | +₹5,520 |
| Retail (Max) | 13 | 299 | ₹1,88,968 | ₹2,60,728 | +₹71,760 |
| S-HNI (Min) | 14 | 322 | ₹2,03,504 | ₹2,80,784 | +₹77,280 |
| S-HNI (UPI limit) | 34 | 782 | ₹4,94,224 | ₹6,81,904 | +₹1,87,680 |
| S-HNI (Max) | 68 | 1,564 | ₹9,88,448 | ₹13,63,808 | +₹3,75,360 |
| B-HNI (Min) | 69 | 1,587 | ₹10,02,984 | ₹13,83,864 | +₹3,80,880 |
| Metric | Latest Reported |
|---|---|
| Total Income | ₹662.86 Cr |
| Profit After Tax | ₹129.73 Cr |
| Net Worth | ₹372.84 Cr |
Promoters: Dinesh Singhal, Adesh Singhal, Vivek Singhal, Abhishek Singhal, Virat Singhal, Aditya Singhal
| Promoter Holding (Pre-Issue) | 74440000% |
| Promoter Holding (Post-Issue) | 79186835% |
Kanohar Electricals Limited is engaged in the manufacturing of transformers in India, catering to industries such as power transmission, railways, renewable energy and power distribution.
Certified by RDSO for manufacturing 100 MVA 132 kV Scott transformers.
| Founded | 1972 |
| Headquarters | Meerut, Uttar Pradesh |
| Industry | Heavy Electrical Equipment |
| Website | https://www.kanohar.com/ |
| Registrar | MUFG Intime India Pvt.Ltd. |
| Phone | 022-49186000 |
| [email protected] |
11 answers about Kanohar Electricals Ltd IPO — dates, pricing, allotment and listing.
Kanohar Electricals Ltd IPO is a bookbuilding ipo of ₹1,056 crore. The issue was priced at ₹601–₹632 per share, with a lot size of 23 shares. Bidding ran from Tue, 08 Sep 2026 to Thu, 10 Sep 2026, with shares to be listed on BSE and NSE.
The price band was ₹601–₹632 per share.
One lot was 23 shares. Bids had to be placed in multiples of 23.
A retail investor needed at least ₹14,536 – one lot of 23 shares at ₹632, the upper end of the price band.
Kanohar Electricals Ltd IPO opened on Tue, 08 Sep 2026 and closed on Thu, 10 Sep 2026.
Allotment was finalised on Fri, 11 Sep 2026.
Kanohar Electricals Ltd shares are expected to list on Wed, 16 Sep 2026 on BSE and NSE.
The company intended to use the net proceeds towards funding the capital expenditure requirements of company, funding the incremental working capital requirements of company and general corporate purposes.
Nuvama Wealth Management Ltd. and IIFL Capital Services Ltd. are the book running lead managers. MUFG Intime India Pvt.Ltd is the registrar to the issue.
Category-wise demand from retail, NII and QIB bidders is on the Kanohar Electricals Ltd IPO subscription page, and on the BSE and NSE websites.
From Fri, 11 Sep 2026, check the Kanohar Electricals Ltd IPO allotment status using your PAN, application number or DP ID – also available on the registrar's website.