Kanohar Electricals
· Mainboard · NSE, BSE
Price Band
₹601–632
Lot Size
23 shares
Issue Size
₹1,056 Cr
Min. Investment
₹14,536
Grey Market Premium
Last unofficial quote before listing
Cap price plus current GMP: ₹814 — arithmetic, not a forecast
Subscription Status
Kanohar ElectricalsIPO: Overview & Key Facts
Kanohar Electricals IPO is a Mainboard issue that listed on NSE, BSE on 16 September 2026. The price band is ₹601–₹632 per equity share, with a market lot of 23 shares. The total issue size is ₹1,056 Cr. At the upper price band, the minimum application for an individual investor is 1 lot (23 shares), amounting to ₹14,536.
Kanohar Electricals IPO GMP & Listing
The last grey market premium (GMP) reported for Kanohar Electricals IPO before listing was ₹182, about 28.8% over the upper price band of ₹632, and informal quotes had eased over the sessions we recorded. The shares opened at ₹685.5 on listing day, 8.5% above the issue price of ₹632. GMP is an unofficial, unregulated indicator quoted by off-market dealers; it moves with supply and demand and is not a guaranteed listing price. For how often it has been right, read our research on IPO GMP accuracy.
Kanohar ElectricalsIPO Subscription Status & Demand Analysis
On the latest figures we have, Kanohar Electricals IPO was subscribed 21x overall — with QIB at 56.53x, NII at 9.3x, bNII at 7.45x, sNII at 12.98x, Retail at 5.71x, from about 48,69,168 applications. Where the individual-investor category is oversubscribed, allotment in it is decided by a computerised lottery: as many applicants as possible receive the minimum application, chosen at random.
Kanohar Electricals IPO Allotment & Listing
The registrar for this issue is MUFG Intime India Pvt. Ltd. (formerly Link Intime); the basis of allotment was finalised on 11 September 2026 and the shares listed on 16 September 2026. You can check your allotment status on our IPO Allotment Checker using your PAN or application number.
Listing Performance
Issue Price
₹632
Listed At
₹685.5
Current Price
₹1019.8
Issue Objectives
- Funding the capital expenditure requirements of Company
- Funding the incremental working capital requirements of Company
- General Corporate Purposes
- Issue Expenses
Reservation
| Category | Shares Offered | % |
|---|---|---|
| QIB | 83,52,374 | 50% |
| − Anchor Investor | 50,11,424 | 30% |
| − QIB (Ex. Anchor) | 33,40,950 | 20% |
| NII (HNI) | 25,05,713 | 15% |
| − bNII > ₹10L | 16,70,476 | 10% |
| − sNII < ₹10L | 8,35,237 | 5% |
| Retail | 58,46,663 | 35% |
- QIB30.3%
- − Anchor Investor18.2%
- − QIB (Ex. Anchor)12.1%
- NII (HNI)9.1%
- − bNII > ₹10L6.1%
- − sNII < ₹10L3.0%
- Retail21.2%
Market 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 |
Financials (₹ Cr)
Valuations
EPS (Pre IPO)
17.43
EPS (Post IPO)
16.38
ROE
34.80%
P/E (Pre IPO)
36.26
P/E (Post IPO)
38.58
Market Cap
₹4,704.61 Cr.
Contact Details
Kanohar Electricals Ltd. Address
- 250103121-350080
- compliance@kanohar.com
- https://www.kanohar.com/
Registrar Contact Details
MUFG Intime India Pvt. Ltd. (formerly Link Intime)
- +91 22 4918 6270
- ipo.helpdesk@linkintime.co.in
- https://linkintime.co.in
- C-101, 247 Park, LBS Marg, Vikhroli West, Mumbai – 400083
Frequently Asked Questions
Key Dates
- Open Date
- 08 Sept 2026
- Close Date
- 10 Sept 2026
- Basis of Allotment
- 11 Sept 2026
- Listing Date
- 16 Sept 2026
Issue Details
- Registrar
- MUFG Intime India
- Exchange
- NSE, BSE