Kanohar Electricals Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | 🔥 215.37x | 3,340,950 | 719,539,590 | ₹211 Cr |
| NII (HNI) | 87.74x | 2,505,713 | 219,849,456 | ₹158 Cr |
| Retail | 20.51x | 5,846,663 | 119,899,414 | ₹370 Cr |
| Σ Total | 90.59x | 11,693,326 | 1,059,288,460 | ₹739 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 | 23 | ₹14,536 |
| Retail (Max) | 13 | 299 | ₹188,968 |
| S-HNI (Min) | 14 | 322 | ₹203,504 |
| B-HNI (Min) | 67 | 1,541 | ₹973,912 |
Financial Statements Amount in ₹ Crore
| Metric | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 663 | 457 | 281 |
| EBITDA | 180 | 93 | 31 |
| Profit After Tax | 130 | 65 | 18 |
| Net Worth | 373 | 243 | 178 |
| Total Assets | 614 | 432 | 323 |
| Reserves & Surplus | 358 | 239 | 174 |
| Total Borrowing | 39 | 32 | 42 |
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
- Funding the capital expenditure requirements of Company – 64.18
- Funding the incremental working capital requirements of Company – 155.00
Company Overview
Incorporated in 1972, Kanohar Electricals Limited is engaged in the manufacturing of transformers in India. The Company caters to industries such as power transmission, railways, renewable energy and power distribution.
The Company operates through two business segments: (i) transformer manufacturing and (ii) engineering, procurement and construction (EPC). It is one of four manufacturers in India certified by the Research Designs and Standards Organisation (RDSO), the research and development arm of Indian Railways, for manufacturing 100 MVA 132 kV Scott transformers.
Kanohar Electricals Limited operates two manufacturing facilities in Rithani, Meerut, Uttar Pradesh (“Rithani Manufacturing Facility”) and Gangol, Meerut, Uttar Pradesh (“Gangol Manufacturing Facility” and collectively with Rithani Manufacturing Facility, “Manufacturing Facilities”) with an aggregate transformer manufacturing capacity of 19,200 MVA as on March 31, 2026.
The Company has five regional offices located in NCT of Delhi, Mumbai, Maharashtra, Kolkata, West Bengal, Bangalore, Karnataka, and Chennai, Tamil Nadu, and a team of over 526 employees to cater to our customers across India.