Kanohar Electricals IPO Details
Kanohar Electricals IPO Market Lot
The Kanohar Electricals IPO minimum market lot is 23 shares with ā¹14,536 application amount. The retail investors can apply up-to 13 lots with 299 shares of ā¹1,88,968 amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 23 | ā¹14,536 |
| Retail Maximum | 13 | 299 | ā¹1,88,968 |
| S-HNI Minimum | 14 | 322 | ā¹2,03,504 |
| S-HNI Maximum | 68 | 1,564 | ā¹9,88,448 |
| B-HNI Minimum | 69 | 1,587 | ā¹10,02,984 |
IPO Reservation
| Investor Category | Share Offered | -% Shares |
| Anchor Investor | 50,11,424 Shares | 30% |
| QIB (Ex. Anchor) | 33,40,950 Shares | 20% |
| NII Shares Offered | 25,05,713 Shares | 15% |
| Retail Shares Offered | 58,46,663 Shares | 35% |
Kanohar Electricals IPO Anchor Investors
Kanohar Electricals IPO Dates
The Kanohar Electricals IPO date is September 8 and the close date is September 10. The Kanohar Electricals IPO allotment will be finalized on September 11 and the IPO listing on September 16.
| IPO Open Date: | September 8, 2026 |
| IPO Close Date: | September 10, 2026 |
| Basis of Allotment: | September 11, 2026 |
| Refunds: | September 15, 2026 |
| Credit to Demat Account: | September 15, 2026 |
| IPO Listing Date: | September 16, 2026 |
Promoters and Holding Pattern
The promoters of the company are Dinesh Singhal, Adesh Singhal, Vivek Singhal, Abhishek Singhal, Virat Singhal and Aditya Singhal.
| Particular | Pre IPO Shares | Pre IPO % Shares | Post IPO Shares | Post IPO % Shares |
| Promoter and Promoter Group | 74,231,991 | 99.72% | 62,274,076 | 78.64% |
| Others* | 208,009 | 0.28% | 16,912,759 | 21.36% |
| Total | 7,44,40,000 | 100% | 79,186,835 | 100% |
Objects of the Issue & Utilisation of Proceeds
| Purpose | Crores |
| Funding the capital expenditure requirements of Company | ā¹66.74 |
| Funding the incremental working capital requirements of Company | ā¹130.00 |
| General Corporate Purposes | ā¹- |
About Kanohar Electricals
Kanohar Electrical Ltd is one of the leading companies in transformer manufacturing in India, catering to a diverse range of end-user industries, including power transmission, railways, renewable energy, and power distribution. The Company operates across two principal business segments (i) transformer manufacturing and (ii) engineering, procurement and construction (EPC) services. It is among the four manufacturers in India certified by the Research Designs and Standards Organisation (RDSO), the research and development organisation of Indian Railways, for the manufacture of 100 MVA, 132 kV Scott transformers.
Kanohar Electricals Limited operates two manufacturing facilities situated at Rithani and Gangol in Meerut, Uttar Pradesh. As of September 30, 2025, these facilities had a combined transformer manufacturing capacity of 19,200 MVA.
Company Financials
Amount ā¹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2024 | ā¹281.12 | ā¹255.25 | ā¹17.76 | ā¹322.86 |
| 2025 | ā¹457.30 | ā¹369.50 | ā¹65.12 | ā¹432.07 |
| 2026 | ā¹662.86 | ā¹489.29 | ā¹129.73 | ā¹613.93 |
Company Valuation – FY2026
Check Kanohar Electricals 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: | 42.12% |
| ROCE: | 70.13% |
| EBITDA Margin: | 27.59% |
| PAT Margin: | 19.57% |
| Debt to equity ratio: | 0.10 |
| Earning Per Share (EPS): | ā¹17.43 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 34.80% |
| Net Asset Value (NAV): | ā¹50.09 |
Peer Group Comparison
| Company | EPS | P/E ratio | RoNW % | NAV | Income |
| Hitachi Energy India Limited | 221.63 | 159.55 | 19.08 | 1,161.56 | 8,147.71 Cr. |
| Bharat Heavy Electricals Limited | 4.60 | 91.30 | 6.13 | 74.99 | 33,782.18 Cr. |
| Schneider Electric Infrastructure Limited | 8.89 | 155.12 | 28.98 | 30.67 | 2,890.63 Cr. |
| CG Power and Industrial Solutions Limited | 7.72 | 114.77 | 15.82 | 48.11 | 12,417.95 Cr. |
| Transformers & Rectifiers (India) Limited | 9.07 | 32.19 | 17.64 | 51.39 | 2,508.80 Cr. |
| GE Vernova T&D India Limited | 48.16 | 89.37 | 45.85 | 42.87 | 6,206.31 Cr. |
IPO Lead Managers aka Merchant Bankers
- Nuvama Wealth Management Ltd.
- IIFL Capital Services Ltd.
Company Address
Kanohar Electricals Ltd.
Rithani,
Delhi Road
Meerut, Uttar Pradesh, 250103
Phone: 121-3500801-05
Email: compliance@kanohar.com
Website: http://www.kanohar.com/
IPO Registrar
MUFG Intime India Pvt. Ltd.
Phone: 022-49186000
Email: kanoharelectricals.ipo@in.mpms
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
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Note: The Kanohar Electricals IPO price band and date are officially announced. The (Kanohar Electricals IPO grey market premium) will be added to the IPO GMP page as it will start).
One Response
Kindly inform Date of commencement of business Of this Co.