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Kanohar Electricals Limited

MainboardlistedNSE · BSE
08 Sep 2026 – 10 Sep 2026
LISTED
Offer Price
₹601–632
Bid lot
23
Min Application
₹14,536
Issue Size
₹1,056 Cr

Key dates

Open date
08 Sep 2026
Done
Close date
10 Sep 2026
Done
Basis of allotment
11 Sep 2026
Done
Initiation of refunds
11 Sep 2026
Done
Credit to demat
11 Sep 2026
Done
Listing date
16 Sep 2026
Done

Issue reservation

₹1,056 Cr
QIB 50%10%5%Retail 35%
QIB
83.5 L sh · ₹528.00 Cr
50%
HNI (10L+)
16.7 L sh · ₹105.60 Cr
10%
HNI (2-10L)
8.4 L sh · ₹52.80 Cr
5%
Retail
58.5 L sh · ₹369.60 Cr
35%
Applications required for 1× subscription
Retail (≤₹2L)
2,54,265 forms
S-HNI (₹2–10L)
2,595 forms
B-HNI (>₹10L)
1,053 forms
From this issue's reservation split and lot size — the minimum bid each category can place.
BRLM: Nuvama Wealth Management Limited · IIFL Capital Services

Lot ladder — how much to bid

1 lot = 23 shares
Retail · Up to ₹2 L1–13 lots
Min · 1 lot
23 sh · ₹14,536
Max · 13 lots
299 sh · ₹1,88,968
S-HNI · ₹2 L to ₹10 L14–68 lots
Min · 14 lots
322 sh · ₹2,03,504
Max · 68 lots
1,564 sh · ₹9,88,448
B-HNI · Above ₹10 L69+ lots
Min · 69 lots
1,587 sh · ₹10,02,984
Entry point
₹10,02,984 onward

Issue details

Lead managersNuvama Wealth Management Limited, IIFL Capital Services
Fresh issue47,46,835 sh · ₹300 Cr
Offer for sale1,19,62,025 sh · ₹756 Cr
Face value₹10
Listing onNSE · BSE
RegistrarMUFG Intime India Pvt.Ltd.
Grey-market sentiment
Premium / share
+₹240
Est. listing price₹872
Est. listing gain+38%

⚠ Grey-market premium is unofficial, unregulated and not investment advice. 7-day trend shown.

Financials

Particulars

FY26

FY25

FY24

Assets

613.93

432.07

322.86

Total Income

662.86

457.3

281.12

PAT

129.73

65.12

17.76

Net Worth

372.84

243.13

178.12

Reserves & Surplus

357.95

239.12

174.11

Total Borrowings

39.04

32.27

42.08

Objects of the issue

  • Capital Expenditure: ₹64.18 crore for machinery, equipment, office infrastructure, automation and solar initiatives at the Gangol facility.

  • Working Capital: ₹155.00 crore to meet incremental working capital requirements.

  • General Corporate Purposes: Remaining proceeds for general corporate needs.

About the company

Incorporated in 1972, Kanohar Electricals Limited is an Indian transformer manufacturer serving sectors such as power transmission, railways, renewable energy and power distribution. The Company operates across two segments—transformer manufacturing and EPC.

Kanohar is one of only four manufacturers in India certified by RDSO to manufacture 100 MVA, 132 kV Scott transformers. It operates two manufacturing facilities in Meerut, Uttar Pradesh, with an aggregate transformer manufacturing capacity of 19,200 MVA as of March 31, 2026.

The Company has five regional offices across India and a workforce of over 526 employees.

Company strengths

  • Strong Track Record: Over 50 years of experience in transformer manufacturing and EPC services.

  • High-Voltage Expertise: Certified for 500 MVA, 400 kV transformers, enabling participation in large transmission projects.

  • Railway Expertise: Certified for Scott-connected traction transformers up to 220 kV for railway electrification.

  • Large Manufacturing Capacity: Transformer capacity of 19,200 MVA annually, with capabilities up to 400 kV.

  • Diversified Presence: Serves power transmission, railways, renewable energy and power distribution sectors.

Promoters

Dinesh SinghalAdesh SinghalVivek SinghalAbhishek SinghalVirat Singhal & Aditya Singhal

Registered office & contact

Kanohar Electricals Limited.
Address - Rithani, Delhi Road,
Meerut-250 103, Uttar Pradesh, India


📞 +91-121-3500801-05

✉️ compliance@kanohar.com

Documents
DRHPOpen ↗
RHPOpen ↗

Filed with SEBI / the exchange by the issuer. Opens on the issuer's or the regulator's site.

How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the Kanohar Electricals Limited IPO?

One lot of 23 shares — ₹14,536 at the upper price band of ₹632.

How many bids can I place?

Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.

When are the funds debited?

Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.

When will the shares list?

Tentative listing on 2026-09-16 on NSE / BSE.

₹601–632
Applications are closed.