Kanishk Aluminium India Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,899,200 (47%) | — | ₹1,386 Cr |
| Retail | — | 1,900,800 (48%) | — | ₹1,388 Cr |
| Market Maker | — | 200,000 (5%) | — | ₹15 Cr |
| Σ Total | — | 4,000,000 (100%) | — | ₹29,200 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹116,800 |
| Retail (Max) | 13 | 20,800 | ₹1,518,400 |
| S-HNI (Min) | 14 | 22,400 | ₹1,635,200 |
| B-HNI (Min) | 67 | 107,200 | ₹7,825,600 |
Financial Statements Amount in ₹ Crore
| Metric | 31 Aug 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 29 | 60 | 60 |
| EBITDA | 4 | 7 | 5 |
| Profit After Tax | 2 | 3 | 2 |
| Net Worth | 19 | 17 | 14 |
| Total Assets | 60 | 51 | 41 |
| Reserves & Surplus | 9 | 7 | 8 |
| Total Borrowing | 26 | 23 | 21 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Repayment/ pre-payment, in full or part, of certain borrowings availed by the Company – 19.50
- Branding and Promotion of Company brand, ‘Baari by Kanishk – 0.80
- General Corporate Purposes – 4.32
Company Overview
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 profiles
- Engineering 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 Customization
- Flexibility and Market Agility
- In-House Quality Control Mechanism
- Resource Optimization and Operational Efficiency
- Commitment to Innovation and Growth