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Kanohar Electricals Ltd IPO
NSE & BSE Bookbuilding IPO Fresh capital cum OFS Upcoming
GMP +₹160 +25.32% Est. Listing ₹792 P&L/Lot +₹3,680
Issue Price
₹632
Face ₹2
GMP
+₹160
+25.32% premium
Est. Listing
₹792
GMP based
Lot Size
23
shares / lot
Min Amount
₹14,536
1 lot · 23 shares
Opens
08 Sep
Upcoming
Allotment
Important Dates
0/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Soon
Open Date
08 Sep 2026
Tue Upcoming
Soon
Close Date
10 Sep 2026
Thu Upcoming
Soon
Allotment
11 Sep 2026
Fri Upcoming
Soon
Refund
15 Sep 2026
Tue Upcoming
Soon
Demat Credit
15 Sep 2026
Tue Upcoming
Soon
Listing Date
16 Sep 2026
Wed Upcoming
Issue Details
Pricing & Size
Issue Price
₹632 Face ₹2
Lot Size
23 shares
Min Investment
₹14,536
Total Issue Size
1,67,04,750 shares (agg. up to ₹1,056 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh capital cum OFS
Listing Exchange
NSE & BSE
Script / Ticker
-
Allocation Breakdown
Market Maker
-
QIB Portion
Not more than 50% of the Net Offer
NII / HNI
Not less than 15% of the Net Offer
Retail
Not less than 35% of the Net Offer
Employee
-
Net Offer to Public
-
Shareholding Pattern
Pre-Issue Shareholding
7,44,40,000 shares
Post-Issue Shareholding
7,91,86,835 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 322 14,536
HNI / NII 69 1,587 10,02,984
Objects of Issue
2 objectives
1
Funding the capital expenditure requirements of Company
64.18 Cr
2
Funding the incremental working capital requirements of Company
155.00 Cr
Lead Managers & Market Maker
Book Running Lead Managers
Nuvama Wealth Management Ltd
IIFL Capital Services Ltd
IPO Timeline
Open
08 Sep
Upcoming
Close
10 Sep
Upcoming
Allotment
11 Sep
Upcoming
Listing
16 Sep
Upcoming
Registrar Details
MUFG Intime India Pvt.Ltd
SEBI Registered Registrar & Transfer Agent
Phone
022-49186000
Email
kanoharelectricals.ipo@in.mpms
Company Contact
Email
compliance@kanohar.com
Phone
121-3500801-05
Address
Rithani, Delhi Road Meerut, Uttar Pradesh, 250103
Grey Market Premium
LIVE
Current GMP
+₹160
+25.32% vs Issue Price
Issue Price
₹632
Est. Listing
₹792
Lot Size
23 shares
P&L / Lot
+₹3,680
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Category-wise Subscription
Category Sub (×) Offered Bid For
QIB Not more than 50% of the Net Offer
NII / HNI (Total) Not less than 15% of the Net Offer
Retail Investors Not less than 35% of the Net Offer
Total **
Market Maker *
* Based on ₹632.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
Not more than 50% of the Net Offer
NII
Not less than 15% of the Net Offer
Retail
Not less than 35% of the Net Offer
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in ₹ Crore
Metric31 Mar 202631 Mar 202531 Mar 2024
Revenue662.86457.30281.12
PAT129.7365.1217.76
EBITDA180.4293.3931.07
Net Worth372.84243.13178.12
Total Assets613.93432.07322.86
Reserves357.95239.12174.11
Borrowings39.0432.2742.08
Key Financial Ratios
42.12
ROE
Return on Equity
70.13
ROCE
Return on Capital Employed
34.80
RONW
Return on Net Worth
19.57
PAT Margin
PAT / Revenue
27.59
EBITDA Mgn
EBITDA / Revenue
0.10
D/E Ratio
Debt to Equity
12.62
P/BV
Price to Book Value
17.43
Pre EPS
EPS Pre-Issue
16.38
Post EPS
EPS Post-Issue
36.26
Pre P/E
P/E Pre-Issue
38.58
Post P/E
P/E Post-Issue
About Kanohar Electricals Ltd

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.

Frequently Asked Questions
What is the issue price of Kanohar Electricals Ltd IPO?
The issue price of Kanohar Electricals Ltd IPO is ₹632 per share, face value ₹2.
What is the lot size?
Minimum lot size is 23 shares, requiring ₹14,536.
What are the IPO dates?
Opens 08 Sep 2026, closes 10 Sep 2026.
When is the listing date?
Tentative listing: 16 Sep 2026 on NSE & BSE.
What is the current GMP?
Current GMP is +₹160, estimated listing ₹792 (+25.32%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Kanohar Electricals Ltd IPO · Expected 11 Sep 2026

Check on Registrar
Post-IPO Timeline
Allotment Date
11 Sep 2026
Refund Initiation
15 Sep 2026
Demat Credit
15 Sep 2026
Listing Date
16 Sep 2026
Quick Facts
Upcoming
GMP Signal
Bullish
+₹160
+25.32%
Issue Price
₹632
Face ₹2
Lot Size
23
shares / lot
Min Amount
₹14,536
1 lot
Est. Listing
₹792
GMP +₹160
Key Dates
Open
08 Sep Soon
Close
10 Sep Soon
Listing
16 Sep Soon
Registrar
MUFG Intime India Pvt.Ltd
A
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