Kanishk Aluminium India IPO is an SME IPO with Fresh Issue Only and Fixed Price Issue. The company will raise upto aggregating up to 29 crore 20 lakh for 40,00,000 shares from the IPO. The IPO issue size is 40,00,000 shares (aggregating up to 29 crore 20 lakh), fresh issue: 40,00,000 shares (aggregating up to 29 crore 20 lakh) and offer for sale: NIL.
is the lead manager and Kfin Technologies Ltd is the registrar of IPO.
The IPO will open for subscription on 28 January 2026 and close on 30 January 2026. The basis of allotment will be decided on 2 February 2026 and Kanishk Aluminium India IPO shares will be listed on 4 February 2026 at BSE SME.
Price band for IPO is ₹73 per share, minimum and maximum amount required for retail investor is ₹2,33,600 (3,200 shares, 2 lots), minimum amount required for sHni investor is ₹3,50,400 (4,800 shares, 3 lots).
Kanishk Aluminium India IPO Details, Price, Market Lot
Kanishk Aluminium India IPO Details |
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Kanishk Aluminium India IPO Price |
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| has set a price band of , lot size is of and face value is . | |
| Face Value | |
| Price Band | ₹73 per share |
| Lot Size | 1,600 shares |
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Kanishk Aluminium India IPO Time Table |
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| IPO will open for subscription on and close on . Basis of Allotment will be decided on , initiation of refund will begin on and IPO will be listed on at . | |
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Kanishk Aluminium India IPO Reservation |
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| Total shares offered by IPO is . Out of which is reserved for retail, is reserved for HNI (NII), is reserved for QIB, and is reserved for market maker . | |
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Company Promotor & Promotor's Holding |
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Kanishk Aluminium India IPO Registrar |
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Kanishk Aluminium India IPO Lead Manager |
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| is the book running lead manager, is the registrar and the market maker of the IPO | |
IPO Financial Indicator (valuations) |
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Kanishk Aluminium India IPO P/E ratio and EPS |
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Kanishk Aluminium India IPO Lot Size and Required Amount
has set a price band of and lot size is of . Retail investors can bid for a minimum and maximum of lots ( shares), requiring an investment of . Small HNI (sHNI) investors can bid for a minimum of lots ( shares), requiring an investment of and maximum of lots ( shares), requiring an investment of .
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Kanishk Aluminium India Financials
| 31 Aug 25 In Cr. | 31 Mar 25 In Cr. | 31 Mar 24 In Cr. | 31 Mar 23 In Cr. | |
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| Assets | 60.47 | 50.5 | 41.09 | 37.11 |
| Revenue | 29.25 | 60.13 | 59.54 | 59.68 |
| Profit After Tax | 2.15 | 3.04 | 1.52 | 1.76 |
| EBITDA | 4.08 | 6.63 | 4.5 | 4.06 |
| Net Worth | 18.72 | 16.57 | 13.53 | 6.01 |
| Total Borrowing | 25.55 | 22.74 | 20.84 | 26.45 |
| Reserves & Surplus | 9.28 | 7.13 | 7.63 | 1.11 |
Kanishk Aluminium India IPO Listed Peers Comparison
| Company Name | P/E ratio | EPS (Basic) | EPS (Diluted) | NAV (per share) | RoNW (%) | P/BV |
|---|---|---|---|---|---|---|
| Banco Products (i) Ltd | 24.79(Banco) | (Banco) | 27.39(Banco) | 91.08(Banco) | 30.01(Banco) | 6.53(Banco) |
| Maan Aluminum Ltd | 55.84(Maan) | (Maan) | 2.87(Maan) | 32.99(Maan) | 8.70(Maan) | (Maan) |
| Kanishk Aluminium India Ltd | 22.67(Kanishk) | (Kanishk) | 3.22(Kanishk) | 17.56(Kanishk) | 16.00(Kanishk) | (Kanishk) |
About Kanishk Aluminium India
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Objects of the Issue
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Kanishk Aluminium India IPO Subscription Status
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| IPO Prospectus | |
Kanishk Aluminium India IPO FAQs
Kanishk Aluminium India IPO is an SME IPO. The company will raise upto aggregating up to 29 crore 20 lakh for 40,00,000 shares. Face value is ₹10 per share, Price band is ₹73 per share, and cutt off price is ₹73 per share. The IPO opens on 28 January 2026 and closes on 30 January 2026. Kfin Technologies Ltd is the registrar and shares of Kanishk Aluminium India IPO will be listed at BSE SME.
The issue size of IPO is 40,00,000 shares (aggregating up to 29 crore 20 lakh). For fresh issue: 40,00,000 shares (aggregating up to 29 crore 20 lakh) and for offer for sale: NIL.
Price band for IPO is ₹73 per share.
The lot size of Kanishk Aluminium India IPO is of 1600. Minimum order quantity for retail investor is 3,200 shares (2 lots) and required amount is ₹2,33,600. Minimum order quantity for sHNI is 4,800 shares ( lots) and required amount is ₹3,50,400. Minimum order quantity for bHNI investor is - shares ( lots) and required amount is ₹.
The investors portion reserved for QIB is -, reserved for HNI is 18,99,200 shares (47.48%) and 19,00,800 shares (47.52%) reserved for retail investors.
The IPO will be available for subscription from 28 January 2026 to 30 January 2026. IPO open date is 28 January 2026 and close date is 30 January 2026.
Allotment date for IPO is 2 February 2026. On the allotment date, after the IPO allotment status is announced, investors can check their IPO application allotment status on their respective IPO registrar.
The registrar for IPO is Kfin Technologies Ltd.
The IPO will be listed on 4 February 2026 at BSE SME.