Kanishk Aluminium India Ltd IPO — GMP ₹0

Important Dates

6/6 completed

Open

Allotment

Refund

Demat

Listing

Done

Open Date

28 Jan 2026

Wed Completed

Done

Close Date

30 Jan 2026

Fri Completed

Done

Allotment

02 Feb 2026

Mon Completed

Done

Refund

03 Feb 2026

Tue Completed

Done

Demat Credit

03 Feb 2026

Tue Completed

Done

Listing Date

04 Feb 2026

Wed Completed

Issue Details

Pricing & Size

Issue Price

₹73 Face ₹10

Lot Size

1,600 shares

Min Investment

₹116,800

Total Issue Size

40,00,000 shares (agg. up to ₹29 Cr)

IPO Information

Issue Type

Fixed Price IPO

Sale Type

Fresh Capital

Listing Exchange

BSE SME

Script / Ticker

Allocation Breakdown

Market Maker

2,00,000 (5.00%)

QIB Portion

NII / HNI

18,99,200 (47.48%)

Retail

19,00,800 (47.52%)

Employee

Net Offer to Public

38,00,000 shares (agg. up to ₹28 Cr)

Shareholding Pattern

Pre-Issue Shareholding

94,40,000 shares

Post-Issue Shareholding

1,34,40,000 shares

Application Size

Category	Min Lots	Shares	Amount
Retail (sNII)	2	3,200	₹2,33,600
HNI / NII	3	4,800	₹3,50,400

Objects of Issue

3 objectives

Repayment/ pre-payment, in full or part, of certain borrowings availed by the Company

19.50 Cr

Branding and Promotion of Company brand, ‘Baari by Kanishk

0.80 Cr

General Corporate Purposes

4.32 Cr

Lead Managers & Market Maker

Book Running Lead Managers

Sun Capital Advisory Services Pvt.Ltd.

Market Maker

Sunflower Broking Pvt.Ltd

IPO Timeline

Open

28 Jan

✓ Done

30 Jan

✓ Done

Allotment

02 Feb

✓ Done

Listing

04 Feb

✓ Done

Registrar Details

Kfin Technologies Ltd

SEBI Registered Registrar & Transfer Agent

Phone

04067162222, 04079611000

kal.ipo@kfintech.com

Website

https://ipostatus.kfintech.com/

Check Allotment Status

Company Contact

Website

https://kanishkindia.co.in/

cs@kanishkindia.co.in

Phone

+91 92570 61994

Address

Plot No. E-849 A Fourth Phase RIICO Boranada Jodhpur, Rajasthan, 342001

Grey Market Premium

LIVE

Current GMP

+₹0

+0% vs Issue Price

Issue Price

₹73

Est. Listing

₹73

Lot Size

1,600 shares

P&L / Lot

+₹0

GMP is unofficial grey market data. Does not guarantee listing price or returns.

GMP Return Calculator

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Estimated Listing

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ROI

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| Price

Market Reference

IPO Issue Price

₹73

GMP

+₹0 (+0%)

GMP Est. Listing

₹73

Previous Close

—

Exchange

—

Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.

Category-wise Subscription

Category	Sub (×)	Offered	Bid For	Amt (Cr)*
NII / HNI (Total)	—	18,99,200 (47.48%)	—	₹1,386.42 Cr
Retail Investors	—	19,00,800 (47.52%)	—	₹1,387.58 Cr
Total **	—	40,00,000 (100.00%)	—	₹29,200.00 Cr
Market Maker *	—	2,00,000 (5.00%)	—	₹14.60 Cr

* Based on ₹73.00 (upper price band)

NII / HNI Breakdown

Shares Reserved

NII

18,99,200 (47.48%)

Retail

19,00,800 (47.52%)

Market Maker

2,00,000 (5.00%)

* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.

Financial Summary

Amount in ₹ Crore

Metric	31 Aug 2025	31 Mar 2025	31 Mar 2024
Revenue	29.25	60.13	59.54
PAT	2.15	3.04	1.52
EBITDA	4.08	6.63	4.50
Net Worth	18.72	16.57	13.53
Total Assets	60.47	50.50	41.09
Reserves	9.28	7.13	7.63
Borrowings	25.55	22.74	20.84

Key Financial Ratios

29.21%

ROE

Return on Equity

19.92%

ROCE

Return on Capital Employed

29.21%

RONW

Return on Net Worth

17.62

PAT Margin

PAT / Revenue

33.55

EBITDA Mgn

EBITDA / Revenue

1.37

D/E Ratio

Debt to Equity

3.68

P/BV

Price to Book Value

3.22

Pre EPS

EPS Pre-Issue

3.84

Post EPS

EPS Post-Issue

22.66

Pre P/E

P/E Pre-Issue

19.03

Post P/E

P/E Post-Issue

About Kanishk Aluminium India Ltd

Incorporated in 2022, Kanishk Aluminium India Ltd. is a Jodhpur-based manufacturer specialising in a wide range of aluminium extrusion products. The company operates from a modern 4,000 sq. metre facility in the "Blue City" of Rajasthan.

Kanishk Aluminium serves multiple sectors, including electronics, automotive, solar, furniture, transport, electrical, and architecture, through its diverse and customised aluminium profile solutions.

Product Portfolio:

Aluminium Extrusions: Includes solid and hollow section profiles, solar profiles, heatsinks, railings, sliding/fixed window and door profiles
Engineering Products: Channels, sections, flat bars, and tubes with various finishes, tolerances, and tempers.
Hardware & Architectural Solutions: Kitchen profiles, railing systems, and other customised architectural applications.

As of November 30, 2025, the company employed 46 personnel responsible for operations, quality control, administration, and business functions.

Competitive Strengths:

Diverse Product Range and Customization
Flexibility and Market Agility
In-House Quality Control Mechanism
Resource Optimization and Operational Efficiency
Commitment to Innovation and Growth

Frequently Asked Questions

What is the issue price of Kanishk Aluminium India Ltd IPO?

The issue price of Kanishk Aluminium India Ltd IPO is ₹73 per share, face value ₹10.

What is the lot size?

Minimum lot size is 1,600 shares, requiring ₹116,800.

What are the IPO dates?

Opens 28 Jan 2026, closes 30 Jan 2026.

When is the listing date?

Tentative listing: 04 Feb 2026 on BSE SME.

What is the current GMP?

Current GMP is +₹0, estimated listing ₹73 (+0%). GMP is unofficial.

How to apply?

Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Kanishk Aluminium India Ltd IPO · Expected 02 Feb 2026

Check on Registrar

Post-IPO Timeline

Allotment Date

02 Feb 2026

Refund Initiation

03 Feb 2026

Demat Credit

03 Feb 2026

Listing Date

04 Feb 2026

Live Price LIVE

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Quick Facts

Closed

GMP Signal

Bullish

+₹0

+0%

Issue Price

₹73

Face ₹10

Lot Size

1,600

shares / lot

Min Amount

₹116,800

1 lot

Est. Listing

₹73

GMP +₹0

Key Dates

Open

28 Jan Done

30 Jan Done

Listing

04 Feb Done

Registrar

Kfin Technologies Ltd