Kanishk Aluminium IPO Details
| IPO Open Date | January 28, 2026 |
| IPO Close Date | January 30, 2026 |
| Face Value | ā¹10 Per Equity Share |
| IPO Price Band | ā¹73 Per Share |
| Issue Size | Approx ā¹29.20 Crores |
| Fresh Issue | Approx ā¹29.20 Crores |
| Issue Type | Fixed Price Issue |
| IPO Listing | BSE SME |
| DRHP Draft Prospectus |  |
| RHP Draft Prospectus | |
Kanishk Aluminium IPO Review & Key Points
- Review: Neutral
Kanishk Aluminium IPO Market Lot
The Kanishk Aluminium IPO minimum market lot is 3,200 shares with ā¹2,33,600 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 3,200 | ā¹2,33,600 |
| Retail Maximum | 2 | 3,200 | ā¹2,33,600 |
| S-HNI Minimum | 3 | 4,800 | ā¹3,50,400 |
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 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 | ā¹19.50 |
| Branding and Promotion of Company brand, āBaari by Kanishk | ā¹0.80 |
| General Corporate Purpose | ā¹4.32 |
About Kanishk Aluminium IPO
Established in 2022, Kanishk Aluminum India is one of the growing companies that makes a variety of aluminium extrusion products. Its product portfolio includes solid & hollow section profiles, solar profiles, railings, heatsinks, and sliding/fixed windows and doors profiles. Their products cater to various industries like electronics, automotive, mechanical, solar, furniture, transport, electrical, and architecture.
The firm aims to offer its customers superior-quality products and services at affordable prices. Its 4,000 square meters manufacturing facility is located at the vibrant blue city of Jodhpur, Rajasthan. Moreover, the company sources its main raw material, aluminium, from pure aluminium ingots and recycled aluminium products.
Kanishk Aluminium IPO Company Financial Report
Amount ā¹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ā¹59.68 | ā¹57.83 | ā¹1.76 | ā¹37.11 |
| 2024 | ā¹59.54 | ā¹57.74 | ā¹1.52 | ā¹41.09 |
| 2025 | ā¹60.13 | ā¹55.93 | ā¹3.04 | ā¹50.50 |
| Aug 2025 | ā¹29.25 | ā¹26.34 | ā¹2.15 | ā¹60.47 |
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): | ā¹3.22 (Basic) |
| Price/Earning P/E Ratio: | 22.67 |
| Return on Net Worth (RoNW): | 20.21% |
| Net Asset Value (NAV): | ā¹17.56 |
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/
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