Kanohar Electricals Limited
ListedHeavy Electrical Equipment · Mainboard IPO · INE877D01025
Price band
₹601 – ₹632
Lot size
23 shares
Min. investment
₹14,536
Issue size
₹1,056 Cr
Face value
₹2
Registrar
MUFG Intime India Pvt.Ltd.
Issue timeline
Bidding opens
08 Sept 2026
Bidding closes
10 Sept 2026
Allotment
11 Sept 2026
Listing
16 Sept 2026
Final subscription
35,53,163
applications
₹51,388 Cr
bid value
| Category | Bid for | ₹ Cr* |
|---|---|---|
| Qualified Institutional (QIB) | 53,06,81,668 | 33,539 |
| Non-Institutional >₹10L (bNII) | 14,46,37,593 | 9,141 |
| Non-Institutional ₹2–10L (sNII) | 5,18,62,608 | 3,278 |
| Retail (RII) | 8,59,11,739 | 5,430 |
| Total | 81,30,93,608 | 51,388 |
Live category-wise demand from NSE only. Add each category's offered shares (from the RHP) in IPO Master to show the subscription (x) multiple.
About the company
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.
Issue details
Issue size
₹1,056 Cr
Fresh issue
₹300 Cr
Offer for sale
₹756 Cr
Industry
Heavy Electrical Equipment
Promoter holding (pre)
99.72
Promoter holding (post)
78.64
Financials (₹ Cr)
| Metric | FY 2024 | FY 2025 | FY 2026 |
|---|---|---|---|
| Total income | 281.12 | 457.30 | 662.86 Cr |
| EBITDA | 31.07 | 93.39 | 180.42 |
| Profit after tax | 17.76 | 65.12 | 129.73 Cr |
| Net worth | 178.12 | 243.13 | 372.84 Cr |
| Total assets | 322.86 | 432.07 | 613.93 |
| Total borrowing | 42.08 | 32.27 | 39.04 |
Objects of the issue
- Funding the capital expenditure requirements of Company
- Funding the incremental working capital requirements of Company
- General Corporate Purposes
Strengths
- Strong revenue growth with a 45% increase in total income.
- Significant profit growth with a 99% increase in profit after tax.
- Established manufacturer with certifications from RDSO.
Risks
- Dependence on the power sector which may be subject to regulatory changes.
- Competition from other manufacturers in the electrical equipment industry.
- Potential fluctuations in raw material prices affecting profitability.
Documents
Calculate your bid
At cut-off price ₹632
Lots
1
- Shares
- 23
- Amount
- ₹14,536
UPI mandate — funds are blocked, not debited.
- SEBI-registered broker — NSE member 90113
- Funds stay blocked in your own bank — debited only on allotment
- Apply for your whole family from one login