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LISTED96% source confidence

Kanohar Electricals IPO

Open 8 Sep 2026 · Close 10 Sep 2026 · Listing 16 Sep 2026

Price Band₹601.00–₹601.00
Live GMP₹215.00
Subscription69.53×
Issue Size₹1,055.74 Cr

At a glance

Updated 2026-09-19 05:29:11

Kanohar Electricals is an IPO with an issue size of ₹1,055.74 crore, proposed for listing on NSE EMERGE. The offer opens on 8 Sep 2026 and closes on 10 Sep 2026. The current listing schedule points to 16 Sep 2026.

Issue details

Listing atNSE EMERGE
Issue size₹1,055.74 Cr
Price band₹601.00–₹601.00
Allotment11 Sep 2026
Listing16 Sep 2026

Grey market

GMP page ↗
Latest GMP₹215.00
GMP / upper price35.77%
Est. listing₹856.00
GMP is unofficial sentiment data, not an exchange price.

Timeline

Opens8 Sep 2026
Closes10 Sep 2026
Allotment11 Sep 2026
Listing16 Sep 2026

Subscription demand

Full bidding ↗
QIB0.00×
sHNI0.22×
bHNI0.17×
NII / HNI0.17×
Retail0.12×
Total69.53×

Lot size

InvestorLotsSharesAmount
Retail (Min)123₹14,536
Retail (Max)13299₹188,968
S-HNI (Min)14322₹203,504
S-HNI (Max)681564₹988,448
B-HNI (Min)691587₹1,002,984

Company

Use of proceeds

ObjectAmount
Offer for sale
Funding the capital expenditure requirements of Company₹66.74 Cr
Funding the incremental working capital requirements of Company₹130.00 Cr
General Corporate Purposes

Financial performance

Year-wise operating scale, profitability and balance-sheet context.
Full financials ↗
Assets285.22₹ Cr · -11.7% vs prior year
Net Worth160.51₹ Cr · -9.9% vs prior year

FY26

Assets613.93
Net Worth372.84
Total Debt39.04
RevenueAnnualised basis653.83
EBITDAAnnualised basis180.42
PATAnnualised basis129.73
EBITDA Margin (%)27.59

FY25

Assets432.07
Net Worth243.13
Total Debt32.26
RevenueAnnualised basis450.61
EBITDAAnnualised basis93.39
PATAnnualised basis65.12
EBITDA Margin (%)20.73

FY24

Assets322.86
Net Worth178.12
Total Debt42.08
RevenueAnnualised basis276.69
EBITDAAnnualised basis31.07
PATAnnualised basis17.76
EBITDA Margin (%)11.23

FY23

Assets285.22
Net Worth160.51
Total Debt23.62
RevenueAnnualised basis303.77
EBITDAAnnualised basis28.36
PATAnnualised basis16.81
EBITDA Margin (%)9.34

Peer comparison

CompanyEPSP/ERoNWNAV
Kanohar Electricals IPO38.58 x
Atlanta Electricals IPO-
Mangal Electrical IPO32.77 x
Power Grid IPO21.99 x

Registrar & lead managers

Lead managers

  • Location

Offer documents

Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-19 05:29:11.
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