Kanishk Aluminium IPO Details
| IPO Open Date | January 28, 2026 |
| IPO Close Date | January 30, 2026 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹73 Per Share |
| Issue Size | Approx ₹29.20 Crores |
| Fresh Issue | Approx ₹29.20 Crores |
| Issue Type | Fixed Price Issue |
| IPO Listing | BSE SME |
| DRHP Draft Prospectus |  |
| RHP Draft Prospectus | |
Kanishk Aluminium IPO Review & Key Points
- Review:
Kanishk Aluminium IPO Market Lot
The Kanishk Aluminium IPO minimum market lot is 3,200 shares with ₹2,33,600 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 3,200 | ₹2,33,600 |
| Retail Maximum | 2 | 3,200 | ₹2,33,600 |
| S-HNI Minimum | 3 | 4,800 | ₹3,50,400 |
IPO Reservation
| Investor Category | Share Offered | -% Shares |
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | – Shares | -% |
| NII Shares Offered | 18,99,200 Shares | 47.48% |
| Retail Shares Offered | 19,00,800 Shares | 47.52% |
Kanishk Aluminium IPO Anchor Investors
| Anchor Bidding Date | January 28, 2026 |
| Anchor Investors List | |
| Shares Offered | [.] Shares |
| Anchor Size | [.] Cr. |
| lock-in period end date 50% shares (30 Days) | March 4, 2026 |
| lock-in period end date 50% shares (90 Days) | May 3, 2026 |
Kanishk Aluminium IPO Dates
The Kanishk Aluminium IPO date is January 28 and the close date is January 30. The Kanishk Aluminium IPO allotment will be finalized on February 2 and the IPO listing on February 4.
| IPO Open Date: | January 28, 2026 |
| IPO Close Date: | January 30, 2026 |
| Basis of Allotment: | February 2, 2026 |
| Refunds: | February 3, 2026 |
| Credit to Demat Account: | February 3, 2026 |
| IPO Listing Date: | February 4, 2026 |
| IPO Bidding Cut-off Time: | January 30, 2026 – 5 PM |
Promoters and Holding Pattern
The promoters of the company are Mr. Parmanand Agarwal, Mrs. Khusboo Agarwal and Mr. Ashish Agarwal.
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 94,40,000 | 99.99% |
| Promoter Holding Post Issue | 1,34,40,000 | 70.24% |
Objects of the Issue & Utilisation of proceeds
| Purpose | Crores |
| 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 Purpose | ₹4.32 |
About Kanishk Aluminium IPO
To be updated soon
Kanishk Aluminium IPO Company Financial Report
Amount ₹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹59.68 | ₹57.83 | ₹1.76 | ₹37.11 |
| 2024 | ₹59.54 | ₹57.74 | ₹1.52 | ₹41.09 |
| 2025 | ₹60.13 | ₹55.93 | ₹3.04 | ₹50.50 |
| Aug 2025 | ₹29.25 | ₹26.34 | ₹2.15 | ₹60.47 |
Kanishk Aluminium IPO Valuation – FY2025
Check Kanishk Aluminium IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 20.21% |
| ROCE: | 14.61% |
| EBITDA Margin: | 11.10% |
| PAT Margin: | 5.09% |
| Debt to equity ratio: | 1.37 |
| Earning Per Share (EPS): | ₹3.22 (Basic) |
| Price/Earning P/E Ratio: | 22.67 |
| Return on Net Worth (RoNW): | 20.21% |
| Net Asset Value (NAV): | ₹17.56 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Maan Aluminum Limited | 2.87 | 55.84 | 9.00% | 32.99 | 810.17 Cr. |
| Banco Products (India) Limited | 27.39 | 24.79 | 30.01% | 91.08 | 3,212.52 Cr. |
IPO Lead Managers aka Merchant Bankers
- Sun Capital Advisory Services Pvt. Ltd.
Company Address
Kanishk Aluminium India Ltd
Plot No. E-849 A
Fourth Phase RIICO
Boranada
Jodhpur, Rajasthan, 342001
Phone: +91 92570 61994
Email: [email protected]
Website: https://kanishkindia.co.in/
IPO Registrar
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://ipostatus.kfintech.com/
Kanishk Aluminium IPO FAQs
What is Kanishk Aluminium IPO?
Kanishk Aluminium IPO is SME IPO. The company is going to raise ₹29.20 Crores via IPO. The issue is priced at ₹73 per equity share. The IPO is to be listed on BSE.
When Kanishk Aluminium IPO will open for subscription?
The IPO is to open on January 28, 2026 for QIB, NII, and Retail Investors. The IPO will close on January 30, 2026.
What is Kanishk Aluminium IPO Investors Portion?
The investors’ portion for QIB is 00%, NII is 50%, and Retail is 50%.
How to Apply the Kanishk Aluminium IPO?
You can apply for Kanishk Aluminium IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
What is Kanishk Aluminium IPO Issue Size?
Kanishk Aluminium IPO issue size is ₹29.20 crores.
What is Kanishk Aluminium IPO Price Band?
Kanishk Aluminium IPO Price Band is ₹73.
What is Kanishk Aluminium IPO Lot Size?
The minimum bid is 3,200 Shares with ₹2,33,600 amount.
What is the Kanishk Aluminium IPO Allotment Date?
Kanishk Aluminium IPO allotment date is February 2, 2026.
What is the Kanishk Aluminium IPO Listing Date?
Kanishk Aluminium IPO listing date is February 4, 2026. The IPO is to list on BSE.
Note: The Kanishk Aluminium IPO price band and date are officially announced. The (Kanishk Aluminium IPO grey market premium) will be added to the IPO GMP page as it will start).
