August 26, 2026
September 18, 2025
September 10, 2025
July 3, 2025
Kanohar Electricals Limited IPO | Key Dates, Price Band, and Lot Size
Author
Shoonya Team
Kanohar Electricals Limited is launching a ₹1,055.74 crore IPO, opening for subscription on September 8, 2026. The IPO will close on September 10, 2026. The shares will be listed on the BSE and NSE, with a tentative listing date of September 16, 2026.
The price band is set at ₹601 to ₹632 per share, and the minimum lot size is 23 shares. Retail investors need a minimum investment of ₹14,536 at the upper price band. In comparison, sNII investors must apply for at least 322 shares worth ₹2,03,504, while bNII investors must apply for at least 1,587 shares worth ₹10,02,984.
The Kanohar Electricals IPO comprises a fresh issue of 47.47 lakh shares aggregating to ₹300 crore and an offer for sale of 1.20 crore shares aggregating to ₹755.74 crore.
Kanohar Electricals Limited | IPO Details
| Detail | Information |
|---|---|
| IPO Opening Date | September 8, 2026 |
| IPO Closing Date | September 10, 2026 |
| Tentative IPO Listing Date | September 16, 2026 |
| Face Value | ₹2 per share |
| Price Band | ₹601 – ₹632 per share |
| Lot Size | 23 shares |
| Total Issue Size | 1,67,04,750 shares, aggregating to ₹1,055.74 crore |
| Fresh Issue | 47,46,835 shares, aggregating to ₹300 crore |
| Offer for Sale | 1,19,57,915 shares, aggregating to ₹755.74 crore |
| IPO Segment | Main Board, Book-Building IPO |
| Listing At | BSE, NSE |
| Shareholding Pre-Issue | 7,44,40,000 shares |
| Shareholding Post-Issue | 7,91,86,835 shares |
| Market Cap (At Upper Price) | ₹5,004.61 Cr |
Kanohar Electricals Limited | Company Overview
Incorporated in 1972, Kanohar Electricals Limited manufactures transformers in India. The company caters to sectors including power transmission, power distribution, railways and renewable energy.
It operates through two business segments: transformer manufacturing and engineering, procurement and construction. The company is one of four manufacturers in India certified by the Research Designs and Standards Organisation for manufacturing 100 MVA, 132 kV Scott transformers.
The company also has regional offices in Delhi, Mumbai, Kolkata, Bengaluru and Chennai. As of March 31, 2026, it had more than 526 employees serving customers across India.
Interested in applying for the Kanohar Electricals IPO?
Subscription open September 8–10, 2026 · Price band ₹601–₹632 · Min. investment ₹14,536
Kanohar Electricals Limited | Key Dates
- IPO Opening Date: September 8, 2026
- IPO Closing Date: September 10, 2026
- Allotment Date: September 11, 2026
- Refunds Initiated: September 15, 2026
- Shares Credited to Demat: September 15, 2026
- Listing Date: September 16, 2026
- Cut-off Time for UPI Mandate Confirmation: Typically 5 PM on the IPO closing date, September 10, 2026
Kanohar Electricals IPO | Lot Size & Investment
Investors can bid for a minimum of 23 shares and in multiples thereof. The application amounts below are calculated at the upper price band of ₹632 per share.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 23 | ₹14,536 |
| Retail Maximum | 13 | 299 | ₹1,88,968 |
| sNII Minimum | 14 | 322 | ₹2,03,504 |
| sNII Maximum | 68 | 1,564 | ₹9,88,448 |
| bNII Minimum | 69 | 1,587 | ₹10,02,984 |
Investor Category Reservations
| Category | Application Value | Cut-off Price Option |
|---|---|---|
| RII | Up to ₹2 lakh | Yes |
| sNII | Above ₹2 lakh and up to ₹10 lakh | No |
| bNII | Above ₹10 lakh | No |
Up to 50% of the net offer is reserved for Qualified Institutional Buyers, at least 35% for retail investors and at least 15% for Non-Institutional Investors.
Kanohar Electricals Limited | Financial Overview
Kanohar Electricals Limited’s total income increased by approximately 45% between the financial years ending March 31, 2025, and March 31, 2026.
Here is a snapshot of its year-on-year financial performance:
| Detail | 31-Mar-26 | 31-Mar-25 | Change | Change % |
|---|---|---|---|---|
| Assets | 613.93 | 432.07 | +181.86 | +42.09% |
| Total Income | 662.86 | 457.30 | +205.56 | +44.95% |
| Profit After Tax | 129.73 | 65.12 | +64.61 | +99.22% |
| EBITDA | 180.42 | 93.39 | +87.03 | +93.19% |
| Net Worth | 372.84 | 243.13 | +129.71 | +53.35% |
| Reserves & Surplus | 357.95 | 239.12 | +118.83 | +49.69% |
| Total Borrowings | 39.04 | 32.27 | +6.77 | +20.98% |
Kanohar Electricals IPO | FAQs
When does the Kanohar Electricals IPO open and close?
The Kanohar Electricals IPO opens on September 8, 2026, and closes on September 10, 2026.
What is the price band and lot size for the Kanohar Electricals IPO?
The price band is ₹601 to ₹632 per share, and the minimum lot size is 23 shares. Retail investors must apply for at least one lot, amounting to ₹14,536 at the upper price band.
How can I check the allotment status of the Kanohar Electricals IPO?
You can check the IPO allotment status on MUFG Intime India Private Limited’s website using your PAN, application number or Demat account details. The status may also be available through the BSE and NSE issue pages.
Who is the registrar for the Kanohar Electricals IPO?
MUFG Intime India Private Limited is the registrar for the Kanohar Electricals IPO.
What is the refund and Demat credit date for the Kanohar Electricals IPO?
Refunds or the release of blocked funds are tentatively scheduled for September 15, 2026. Shares are also expected to be credited to successful applicants’ Demat accounts on the same date.
Explore Our Offerings
Stocks
Trade equities across NSE and BSE with zero delivery charges. Invest, hold or sell with a seamless experience.
Future & Options
Execute complex strategies with simple tools and real-time data.
IPOs
Apply to the latest IPOs in just a few taps. Stay updated and capture opportunities as they open.