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Kanishk Aluminium India Ltd

IPO Details · GMP · Subscription · Financials
✅ Listed BSE SME SME
Issue Price
₹73
Per Share
GMP
NIL
Grey Market
Est. Listing
₹73
Expected Price
Min. Application
₹233,600
2 lots × 1600 shares
IPO Issue Details
Issue Price / Price Band₹73 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,600 Shares per Lot
Total Issue Size40,00,000 shares (agg. up to ₹29 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenWed, 28 Jan 2026
Subscription CloseFri, 30 Jan 2026
Anchor AllotmentTue, 27 Jan 2026
Basis of AllotmentMon, 02 Feb 2026
Initiation of RefundsTue, 03 Feb 2026
Credit of Shares to DematTue, 03 Feb 2026
Listing DateWed, 04 Feb 2026
UPI Mandate Deadline5:00 PM on 30 Jan 2026 (Day 3)
Application & Investment Details
Retail — Min (2 Lots)₹2,33,600 — 3,200 shares
Retail — Max (13 Lots)₹1,518,400 (13 Lots)
HNI — Min (3 Lots)₹3,50,400 — 4,800 shares
NII / HNI Quota47.48% of Issue
Retail Quota47.52% of Issue
Market Maker Quota5.00% of Issue
EPS (Pre-IPO)₹3.22
EPS (Post-IPO)₹3.84
P/E Ratio (Pre-IPO)22.66x
P/E Ratio (Post-IPO)19.03x
Net Offer to Public38,00,000 shares (agg. up to ₹28 Cr)
Reserved for Market Maker2,00,000 shares (agg. up to ₹1 Cr)
Pre-IPO Promoter Holding94,40,000 shares
Post-IPO Promoter Holding1,34,40,000 shares
About Kanishk Aluminium India Ltd

Incorporated in 2022, Kanishk Aluminium India Ltd. is a Jodhpur-based manufacturer specialising in a wide range of aluminium extrusion products. The company operates from a modern 4,000 sq. metre facility in the "Blue City" of Rajasthan.Kanishk Aluminium serves multiple sectors, including electronics, automotive, solar, furniture, transport, electrical, and architecture, through its diverse and customised aluminium profile solutions.Product Portfolio:Aluminium Extrusions: Includes solid and hollow section profiles, solar profiles, heatsinks, railings, sliding/fixed window and door profilesEngineering Products: Channels, sections, flat bars, and tubes with various finishes, tolerances, and tempers.Hardware & Architectural Solutions: Kitchen profiles, railing systems, and other customised architectural applications.As of November 30, 2025, the company employed 46 personnel responsible for operations, quality control, administration, and business functions.Competitive Strengths:Diverse Product Range and CustomizationFlexibility and Market AgilityIn-House Quality Control MechanismResource Optimization and Operational EfficiencyCommitment to Innovation and Growth

Shareholding & Lock-in
Pre-IPO Promoter Holding 94,40,000 shares
Post-IPO Promoter Holding 1,34,40,000 shares
Check Allotment Check Status →
Kanishk Aluminium India Ltd — Live Price LIVE
₹73.00
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Issue Price
₹73.00
Issue Price
₹73.00
Face Value
₹10
Lot Size
1,600 sh
Listed On
04 Feb 2026
Exchange
BSE SME
GMP
NIL
Symbol: BSE:KANISHK
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹73
GMPNIL
Est. Listing₹73
Lot Size1,600 shares
Min Amount₹233,600
Listing Date04 Feb 2026
NII Shares1,899,200
Retail Shares1,900,800
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹73
Listing Date04 Feb 2026
Listing Price₹—
Listing Gain/Loss—%
52-Week High₹—
52-Week Low₹—
GMP Trend — Kanishk Aluminium India Ltd Post-listing trend
Issue Price ₹73.00
GMP NIL
Est. Listing ₹73.00
Status: Listed
Kanishk Aluminium India Ltd IPO Subscription Status
Total shares offered: 40,00,000 (100.00%). Issue price: ₹73. Subscription data will be updated once the IPO opens for bidding.
IPO Subscription Status Category-wise (as reported by BSE/NSE)
Category Shares Offered* Total Amt* (₹ Cr.)
Anchor
200,000 ₹1.460
NII
1,899,200 ₹13.860
Retail
1,900,800 ₹13.880
Total ** 4,000,000 ₹29.200
*: "Shares Offered" and "Total Amount" are calculated based on the upper price of the issue price range.
**: The portion of anchor investors (or market makers) is not included in the total number of shares offered.
Important Dates
Subscription OpensWed, 28 Jan 2026
Subscription ClosesFri, 30 Jan 2026
Anchor AllotmentTue, 27 Jan 2026
Basis of AllotmentMon, 02 Feb 2026
Initiation of RefundTue, 03 Feb 2026
Demat CreditTue, 03 Feb 2026
Listing DateWed, 04 Feb 2026
UPI Mandate Deadline5:00 PM on 30 Jan 2026 (Day 3)
Check AllotmentClick here →
Lot Size & Investment Table
ApplicationLotsSharesAmount
Retail (Min — 2 Lots) 2 3,200 ₹233,600
Retail (Max — 13 Lots) 13 20,800 ₹1,518,400
S-HNI (Min — 14 Lots) 14 22,400 ₹1,635,200
S-HNI (Max — 66 Lots) 66 105,600 ₹7,708,800
B-HNI (Min — 67 Lots) 67 107,200 ₹7,825,600
* Issue Price ₹73 × Lot Size 1,600 shares
Basis of Allotment — Kanishk Aluminium India Ltd IPO
Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (No. of shares) 1,899,200 1,900,800 3,800,000
Allotment price (Rs.) 73 73 73 73 73 73 73 73
No. of applications
No. of shares applied
Amount collected (Rs.cr.) 1.46 13.86 13.88 27.74
No. of times subscribed
No. of shares allotted 1,899,200 1,900,800 3,800,000
Amount (Rs.cr.) 1.46 13.86 13.88 27.74
No. of allottees
* Based on upper price band ₹73
** Anchor investor allotment is excluded from total shares offered to public.
IPO Shares Offered (Issue Structure)
Category Shares Offered Amt (₹ Cr) Size (%)
Anchor / Market Maker 200,000 ₹1.46
5.00%
NII / HNI 1,899,200 ₹13.86
47.48%
Retail (RII) 1,900,800 ₹13.88
47.52%
Total 4,000,000 ₹29.20
100.00%
Company Financials — Restated Consolidated (Amount in ₹ Crore)
Particulars 31 Aug 2025 31 Mar 2025 31 Mar 2024
Revenue from Operations 29.25 60.13 59.54
EBITDA 4.08 6.63 4.50
Profit After Tax (PAT) 2.15 3.04 1.52
Net Worth 18.72 16.57 13.53
Total Assets 60.47 50.50 41.09
Reserves & Surplus 9.28 7.13 7.63
Total Borrowings 25.55 22.74 20.84
EBITDA Margin (%) 33.55
PAT Margin (%) 17.62
Key Ratios & Valuation
Issue Price₹73
Face Value₹10 Per Share
Price / Book Value (P/BV)3.68
Return on Equity (RoE)29.21%
Return on Capital Employed (RoCE)19.92%
Return on Net Worth (RoNW)29.21%
PAT Margin (%)17.62
EBITDA Margin (%)33.55
Debt / Equity Ratio1.37
Issue Structure & Shareholding
Total Shares Offered40,00,000 (100.00%)
Net Offer to Public38,00,000 shares (agg. up to ₹28 Cr)
Reserved for Market Maker2,00,000 shares (agg. up to ₹1 Cr)
Pre-Issue Promoter Holding94,40,000 shares
Post-Issue Promoter Holding1,34,40,000 shares
Script CodeNot Available
Objects of the Issue

Kanishk Aluminium India Ltd proposes to utilize the net proceeds raised through this IPO for the following objects as stated in the Draft Red Herring Prospectus (DRHP) filed with SEBI:

1
Object 1
2
Object 2
3
Object 3
Issue Composition & Shareholding
Issue TypeFixed Price IPO
Sale TypeFresh Capital
Total Shares Offered40,00,000 (100.00%)
Net Offer to Public38,00,000 shares (agg. up to ₹28 Cr)
Reserved for Market Maker2,00,000 shares (agg. up to ₹1 Cr)
Pre-Issue Promoter Holding94,40,000 shares
Post-Issue Promoter Holding1,34,40,000 shares
Company Details
Company Name
Kanishk Aluminium India Ltd
Listing Exchange
BSE SME
IPO Type
allottees IPO
Issue Type
Fixed Price IPO
Face Value
₹10 Per Share
Script Code
Not Available
Registered Address
Plot No. E-849 A Fourth Phase RIICO Boranada Jodhpur, Rajasthan, 342001
IPO Registrar (Share Transfer Agent)
Kfin Technologies Ltd
Official IPO Registrar & Share Transfer Agent
Book Running Lead Managers (BRLM)
Sun Capital Advisory Services Pvt.Ltd.
Book Running Lead Manager (BRLM)
IPO Allotment
Check Allotment Status Check Now
Quick Actions
Check Allotment Status
IPO Timeline
IPO Opens
28 Jan 2026, Wed
✓ Done
IPO Closes
30 Jan 2026, Fri
✓ Done
Basis of Allotment
02 Feb 2026, Mon
✓ Done
Initiation of Refunds
03 Feb 2026, Tue
✓ Done
Credit of Shares
03 Feb 2026, Tue
✓ Done
Listing Day
04 Feb 2026, Wed
✓ Done
Quick Summary
Issue Price₹73
Face Value₹10
Lot Size1,600 Shares
Min. Investment₹233,600
Open Date28 Jan 2026
Close Date30 Jan 2026
Allotment02 Feb 2026
Listing Date04 Feb 2026
ExchangeBSE SME
GMPNIL
Est. Listing₹73
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