Kanishk Aluminium India
BSE SME₹2,33,600 / Individual : 3200 Shares
IPO Live Subscription Details
| Category | Subscription (Times) |
|---|---|
| Date | 30 Jan 2026, 05:57 PM |
| NII | 0.33 times |
| Total | 1.10 times |
Kanishk Aluminium India IPO Details
The Kanishk Aluminium India IPO price band is set between ₹73 per equity share, with a face value of ₹10 per share. The issue is managed by Kfin Technologies Ltd., and the equity shares are proposed to be listed on the BSE SME.
The IPO date for subscription opens on 28 Jan, 2026 and closes on 30 Jan, 2026. Investors can check the allotment status on 2 Feb, 2026, while the listing date is tentatively scheduled for 4 Feb, 2026.
The total issue size is 40,00,000 shares, aggregating up to ₹29.2 crore. Stay tuned for the latest Kanishk Aluminium India IPO review and GMP updates.
Kanishk Aluminium India IPO Review, Rating & Analysis
Kanishk Aluminium India IPO Review
NO REVIEWKanishk Aluminium India IPO Rating
Kanishk Aluminium India IPO Highlights
IPO Date
Jan 28, 2026 - Jan 30, 2026
Listing Date
4 Feb, 2026
Face Value
₹10 Per Equity Share
Price Band
₹73 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE SME
Kanishk Aluminium India IPO Lot Size
The minimum market lot for Kanishk Aluminium India IPO is 3200 shares with an application amount of ₹2,33,600. Retail investors can apply for up to 0 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3200 | ₹2,33,600 |
| Retail (Max) | 0 | 0 | ₹0 |
| S-HNI (Min) | 1 | 3200 | ₹2,33,600 |
| S-HNI (Max) | 4 | 12800 | ₹9,34,400 |
| B-HNI (Min) | 5 | 16000 | ₹11,68,000 |
Kanishk Aluminium India IPO Timeline
Issue Price
₹73 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Kfin Technologies Ltd.Lead Manager
Sun Capital Advisory Services Pvt.Ltd.Issue Size
40,00,000 shares(aggregating up to ₹29.2 crore)Kanishk Aluminium India IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Aug-25 | 60.47 | 29.25 | 2.15 | 18.72 | 9.28 | 25.55 |
| 31-Mar-25 | 50.50 | 60.13 | 3.04 | 16.57 | 7.13 | 22.74 |
| 31-Mar-24 | 41.09 | 59.54 | 1.52 | 13.53 | 7.63 | 20.84 |
| 31-Mar-23 | 37.11 | 59.68 | 1.76 | 6.01 | 1.11 | 26.45 |
In Cr.
Kanishk Aluminium India IPO Reservation Details
| Investor Category | Shares Offered | % Shares |
|---|---|---|
| Market Maker Shares Offered | 200000 | 5% |
| NII (HNI) Shares Offered | 1899200 | 47.48% |
| Individual Shares Offered | 1900800 | 47.52% |
| Total Shares Offered | 4000000 | 100% |
Kanishk Aluminium India IPO Valuations
EPS Pre IPO
₹3.22/-EPS Post IPO
₹3.84/-PE Pre IPO
22.66PE Post IPO
19.03ROE
20.21%ROCE
14.61%Debt Equity
1.37RoNW
20.21%PAT Margin
5.09%Price to Book Value
3.18Promoters & Share Holding
Promoter(s) Name
- Mr. Parmanand Agarwal
- Mrs. Khusboo Agarwal
- Mr. Ashish Agarwal
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 99.99% | 70.24% |
About Company
Incorporated in 2022, Kanishk Aluminium India Ltd. is a manufacturer located in Jodhpur and specializing in a wide range of aluminum extrusion products. The company operates from a state-of-the-art 4,000 sq. metre facility in the 'Blue City' of Rajasthan.
Kanishk Aluminium manufactures diverse and customized aluminium profile solutions for multiple sectors, including electronics, automotive, solar, furniture, transport, electrical, and architecture.
Product Portfolio:
Extruded Aluminum: From solid and hollow-section profiles to solar profiles, heat sinks, railings, sliding/fixed window/door profiles
Engineering Products: Channels, sections, flat bars, and tubes in several finishes, tolerances and tempers.
Hardware & Architectural Solutions: Kitchen profiles, railing systems and other customized architectural applications.
At November 30, 2025, the company employed 46 personnel responsible for operations, quality control, administration, and business functions.
Kanishk Aluminium India IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 18,99,200 | <span>
19,00,800
</span> | 38,00,000 | |
Day 128-01-26 05:00 PM | 0.12 x | <span>
0.22
x
</span> | 0.17 x | |
Day 229-01-26 05:00 PM | 0.14 x | <span>
0.97
x
</span> | 0.56 x | |
Day 330-01-26 05:00 PM | 0.33 x | <span>
1.86
x
</span> | 1.10 x | |
Day 402-02-26 05:00 PM | 0.33 x | <span>
1.86
x
</span> | 1.10 x |
Retail:1.86x
Kanishk Aluminium India IPO - Issue Objectives & Utilisation of proceeds
| Objectives | Amount |
|---|---|
| Repayment/ pre-payment, in full or part, of certain borrowings availed by the Company | - |
| Branding and Promotion of Company brand, ‘Baari by Kanishk | - |
| General Corporate Purposes | - |
Company Contact Details
Kanishk Aluminium India
Plot No. E-849 A Fourth Phase RIICO Boranada Jodhpur, Rajasthan, 342001Registrar Contact Details
Kfin Technologies Limited
Frequently Asked Questions about Kanishk Aluminium India IPO
When will Kanishk Aluminium India IPO open for subscription?
The Kanishk Aluminium India IPO opens on 28 Jan, 2026 and closes on 30 Jan, 2026.
What is the investors portion for Kanishk Aluminium India IPO?
The investors' portion for QIB is 0.33 x, NII is 1.86 x, and Retail is .
How to apply for Kanishk Aluminium India IPO?
You can apply for Kanishk Aluminium India IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Kanishk Aluminium India IPO?
The issue size of Kanishk Aluminium India IPO is approx ₹40,00,000 shares(aggregating up to ₹29.2 crore) crores.
What is the price band of Kanishk Aluminium India IPO?
The price band for Kanishk Aluminium India IPO is ₹73 per equity share to ₹undefined.
What is the lot size of Kanishk Aluminium India IPO?
The minimum bid (lot size) for Kanishk Aluminium India IPO is 1600 shares with an investment of approx ₹2,33,600 .
What is the allotment date of Kanishk Aluminium India IPO?
The allotment date for Kanishk Aluminium India IPO is 2 Feb, 2026.
What is the listing date of Kanishk Aluminium India IPO?
The listing date for Kanishk Aluminium India IPO is expected to be 4 Feb, 2026.
What is the GMP of Kanishk Aluminium India IPO?
The latest Grey Market Premium (GMP) for Kanishk Aluminium India IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.