Kanohar Electricals IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Live
Dates
Sep 08 to Sep 10 2026
Price Band
₹601 - 632
Current GMP
₹223 (35.28%)
Subscription
10.22 times
IPO Details
| IPO Date | 8 to 10 Sep, 2026 |
| Listing Date | Wed, Sep 16, 2026 |
| Face Value | ₹ 2 per share |
| Price Band | ₹601 to ₹632 |
| Issue Price | ₹632 per share |
| Lot Size | 23 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 1,67,04,750 shares (agg. up to ₹ 1,056 Cr) |
| Fresh Issue | 47,46,835 shares (agg. up to ₹ 300 Cr) |
| Offer for Sale | 1,19,57,915 shares of ₹ 2 (agg. up to ₹ 756 Cr) |
| Share Holding Pre Issue | 7,44,40,000 shares |
| Share Holding Post Issue | 7,91,86,835 shares |
IPO Date
8 to 10 Sep, 2026
Listing Date
Wed, Sep 16, 2026
Face Value
₹ 2 per share
Price Band
₹601 to ₹632
Issue Price
₹632 per share
Lot Size
23 Shares
Sale Type
Fresh capital cum OFS
Issue Type
Bookbuilding IPO
Listing At
BSE, NSE
Total Issue Size
1,67,04,750 shares (agg. up to ₹ 1,056 Cr)
Fresh Issue
47,46,835 shares (agg. up to ₹ 300 Cr)
Offer for Sale
1,19,57,915 shares of ₹ 2 (agg. up to ₹ 756 Cr)
Share Holding Pre Issue
7,44,40,000 shares
Share Holding Post Issue
7,91,86,835 shares
IPO Subscription Details
| Anchor | 1 |
| QIB (Ex Anchor) | 6.50 |
| NII | 19.22 |
| bNII (> ₹10L) | 17.91 |
| sNII (< ₹10L) | 21.84 |
| Retail | 8.49 |
| Total ** | 10.22 |
Anchor
1
QIB (Ex Anchor)
6.50
NII
19.22
bNII (> ₹10L)
17.91
sNII (< ₹10L)
21.84
Retail
8.49
Total **
10.22
Day Wise Sub
| Day | QIB (Ex Anchor) | NII | NII (> ₹10L) | NII (< ₹10L) | Retail | Total |
|---|---|---|---|---|---|---|
| Sep 8 (Day 1) | 0.03 | 4.90 | 4.09 | 6.51 | 3.36 | 2.73 |
| Sep 9 (Day 2) | 6.50 | 19.22 | 17.91 | 21.84 | 8.49 | 10.22 |
DaySep 8
(Day 1)
QIB (Ex Anchor)0.03
NII4.90
NII (> ₹10L)4.09
NII (< ₹10L)6.51
Retail3.36
Total2.73
DaySep 9
(Day 2)
QIB (Ex Anchor)6.50
NII19.22
NII (> ₹10L)17.91
NII (< ₹10L)21.84
Retail8.49
Total10.22
Day Wise GMP
| GMP Date | IPO Price | GMP | Est. Listing Price |
|---|---|---|---|
| 09-09-2026 | 632 | 223 (35.28%) | 855 |
| 08-09-2026 | 632 | 218 (34.49%) | 850 |
| 07-09-2026 | 632 | 196 (31.01%) | 828 |
| 06-09-2026 | 632 | 205 (32.44%) | 837 |
| 05-09-2026 | 632 | 190 (30.06%) | 822 |
| 04-09-2026 | 632 | 205 (32.44%) | 837 |
| 03-09-2026 | 632 | 200 (31.65%) | 832 |
| 02-09-2026 | 0 | 0 (0%) | 0 |
| 01-09-2026 | 0 | 0 (0%) | 0 |
| 31-08-2026 | 0 | 0 (0%) | 0 |
GMP Date09-09-2026
IPO Price632
GMP223 (35.28%)
Est. Listing Price855
GMP Date08-09-2026
IPO Price632
GMP218 (34.49%)
Est. Listing Price850
GMP Date07-09-2026
IPO Price632
GMP196 (31.01%)
Est. Listing Price828
GMP Date06-09-2026
IPO Price632
GMP205 (32.44%)
Est. Listing Price837
GMP Date05-09-2026
IPO Price632
GMP190 (30.06%)
Est. Listing Price822
GMP Date04-09-2026
IPO Price632
GMP205 (32.44%)
Est. Listing Price837
GMP Date03-09-2026
IPO Price632
GMP200 (31.65%)
Est. Listing Price832
GMP Date02-09-2026
IPO Price0
GMP0 (0%)
Est. Listing Price0
GMP Date01-09-2026
IPO Price0
GMP0 (0%)
Est. Listing Price0
GMP Date31-08-2026
IPO Price0
GMP0 (0%)
Est. Listing Price0
IPO Important Dates
| IPO Open | Tue, Sep 8, 2026 |
| IPO Close | Thu, Sep 10, 2026 |
| Allotment | Fri, Sep 11, 2026 |
| Refund | Tue, Sep 15, 2026 |
| Credit of Shares | Tue, Sep 15, 2026 |
| Listing | Wed, Sep 16, 2026 |
IPO Open
Tue, Sep 8, 2026
IPO Close
Thu, Sep 10, 2026
Allotment
Fri, Sep 11, 2026
Refund
Tue, Sep 15, 2026
Credit of Shares
Tue, Sep 15, 2026
Listing
Wed, Sep 16, 2026
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 23 | ₹14,536 |
| Retail (Max) | 13 | 299 | ₹1,88,968 |
| S-HNI (Min) | 14 | 322 | ₹2,03,504 |
| S-HNI (Max) | 68 | 1564 | ₹9,88,448 |
| B-HNI (Min) | 69 | 1587 | ₹10,02,984 |
ApplicationRetail (Min)
Lots1
Shares23
Amount₹14,536
ApplicationRetail (Max)
Lots13
Shares299
Amount₹1,88,968
ApplicationS-HNI (Min)
Lots14
Shares322
Amount₹2,03,504
ApplicationS-HNI (Max)
Lots68
Shares1564
Amount₹9,88,448
ApplicationB-HNI (Min)
Lots69
Shares1587
Amount₹10,02,984
Financial Information
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 613.93 | 432.07 | 322.86 |
| Total Income | 662.86 | 457.30 | 281.12 |
| Profit After Tax | 129.73 | 65.12 | 17.76 |
| EBITDA | 180.42 | 93.39 | 31.07 |
| NET Worth | 372.84 | 243.13 | 178.12 |
| Reserves and Surplus | 357.95 | 239.12 | 174.11 |
| Total Borrowing | 39.04 | 32.27 | 42.08 |
Period EndedAssets
31 Mar 2026613.93
31 Mar 2025432.07
31 Mar 2024322.86
Period EndedTotal Income
31 Mar 2026662.86
31 Mar 2025457.30
31 Mar 2024281.12
Period EndedProfit After Tax
31 Mar 2026129.73
31 Mar 202565.12
31 Mar 202417.76
Period EndedEBITDA
31 Mar 2026180.42
31 Mar 202593.39
31 Mar 202431.07
Period EndedNET Worth
31 Mar 2026372.84
31 Mar 2025243.13
31 Mar 2024178.12
Period EndedReserves and Surplus
31 Mar 2026357.95
31 Mar 2025239.12
31 Mar 2024174.11
Period EndedTotal Borrowing
31 Mar 202639.04
31 Mar 202532.27
31 Mar 202442.08
Key Performance Indicator
| ROE | 42.12% |
| ROCE | 70.13% |
| Debt/Equity | 0.10 |
| RoNW | 34.80% |
| PAT Margin | 19.57% |
| EBITDA Margin | 27.59% |
| NAV | 50.09 |
| Price to Book Value | 12.62 |
ROE
42.12%
ROCE
70.13%
Debt/Equity
0.10
RoNW
34.80%
PAT Margin
19.57%
EBITDA Margin
27.59%
NAV
50.09
Price to Book Value
12.62
IPO Reservation
| QIB | 83,52,374 |
| − Anchor Investor | 50,11,424 |
| − QIB (Ex. Anchor) | 33,40,950 |
| NII (HNI) | 25,05,713 |
| − bNII > ₹10L | 16,70,475 |
| − sNII < ₹10L | 8,35,238 |
| Retail | 58,46,663 |
| Total | 1,67,04,750 |
QIB
83,52,374
− Anchor Investor
50,11,424
− QIB (Ex. Anchor)
33,40,950
NII (HNI)
25,05,713
− bNII > ₹10L
16,70,475
− sNII < ₹10L
8,35,238
Retail
58,46,663
Total
1,67,04,750
Information about company
Incorporated in 1972, Kanohar Electricals Limited is engaged in the manufacturing of transformers in India. The Company caters to industries such as power transmission, railways, renewable energy and power distribution.
The Company operates through two business segments: (i) transformer manufacturing and (ii) engineering, procurement and construction (EPC). It is one of four manufacturers in India certified by the Research Designs and Standards Organisation (RDSO), the research and development arm of Indian Railways, for manufacturing 100 MVA 132 kV Scott transformers.
Kanohar Electricals Limited operates two manufacturing facilities in Rithani, Meerut, Uttar Pradesh (“Rithani Manufacturing Facility”) and Gangol, Meerut, Uttar Pradesh (“Gangol Manufacturing Facility” and collectively with Rithani Manufacturing Facility, “Manufacturing Facilities”) with an aggregate transformer manufacturing capacity of 19,200 MVA as on March 31, 2026.
The Company has five regional offices located in NCT of Delhi, Mumbai, Maharashtra, Kolkata, West Bengal, Bangalore, Karnataka, and Chennai, Tamil Nadu, and a team of over 526 employees to cater to our customers across India.
Objectives of IPO
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
#: Issue Objects
1: Funding the capital expenditure requirements of Company
2: Funding the incremental working capital requirements of Company
3: General Corporate Purposes
: Total
Disclaimer
All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application.
No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever
Please read all Tearms and conditions , and agree to use the App