Kanishk Aluminium India

listed SME IPO
-14.60
(-20.00%)

IPO PARAMETERS

PRICE BAND 73.00 - 73.00
LOT SIZE 1600 Shares
MIN. INVESTMENT ₹1,16,800

IPO ROADMAP

BIDDING STARTS 28 Jan 2026
2
BIDDING ENDS 30 Jan 2026
3
ALLOTMENT TBA
4
LISTING 04 Feb 2026

Grey Market Premium HISTORY

Date GMP (₹) Daily Change Gain (%)
02 Feb 2026 ₹4.00 -₹3.00 5.48%
30 Jan 2026 ₹7.00 - 9.59%

Kanishk Aluminium IPO DETAILS

IPO Open Date January 28, 2026
IPO Close Date January 30, 2026
Face Value ₹10 Per Equity Share
IPO Price ₹73 Per Share
Issue Size Approx ₹29.20 Crores
Fresh Issue Approx ₹29.20 Crores
Issue Type Fixed Price Issue
IPO Listing BSE SME

Kanishk Aluminium IPO Market LOT

Application Lot Size Shares Amount (₹)
Retail Minimum 1 3,200 2,33,600
Retail Maximum 1 3,200 2,33,600
S‑HNI Minimum 1.5 4,800 3,50,400

IPO RESERVATION

Investor Category Shares Offered Percentage (%)
Anchor Investors
QIB (Ex‑Anchor)
NII 18,99,200 47.48%
Retail 19,00,800 47.52%

Kanishk Aluminium IPO DATES

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

Particulars Shares Shareholding (%)
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 Amount (₹ Cr)
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

Established in 2022, Kanishk Aluminum India is one of the growing companies engaged in manufacturing a wide range of aluminium extrusion products. The company’s product portfolio includes solid & hollow section profiles, solar profiles, railings, heatsinks, and sliding/fixed window and door profiles.

Its products cater to multiple industries such as electronics, automotive, mechanical, solar, furniture, transport, electrical, and architectural segments. The firm focuses on delivering superior‑quality products and services at affordable prices.

Kanishk Aluminium operates from a 4,000 square meters manufacturing facility located in Jodhpur, Rajasthan, also known as the vibrant Blue City. The company sources its primary raw material, aluminium, from pure aluminium ingots and recycled aluminium products, supporting both quality consistency and sustainable practices.

Kanishk Aluminium IPO Company Financial REPORT

Amount ₹ in Crores

Period Ended Revenue (₹ Cr) Expense (₹ Cr) PAT (₹ Cr) Assets (₹ Cr)
FY 2023 59.68 57.83 1.76 37.11
FY 2024 59.54 57.74 1.52 41.09
FY 2025 60.13 55.93 3.04 50.50
Aug 2025 29.25 26.34 2.15 60.47