Kanohar Electricals Ltd.
FPONSE & BSE₹601–632
₹ 739 Cr
23 Shares
₹ 13,823
₹2
Financial Summary
| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| 6,538.39 | 4,506.12 | |
| 90.23 | 66.84 | |
| 6,628.62 | 4,572.96 | |
| 4,734.23 | 3,572.2 | |
| 1,735.76 | 877.92 | |
| 1,297.33 | 651.18 |
Subscription Details
Subscription
IPO Timeline
IPO Offer Start
8 Sept 2026
IPO Offer Ends
10 Sept 2026
16 Sept 2026
Use of Proceeds
| # | Purpose | Amount (₹ Million) |
|---|---|---|
| 1 | Funding the capital expenditure requirements of our Company towards: | 641.83 |
| 2 | Funding the incremental working capital requirements of our Company | 1,550 |
| 3 | General corporate purposes | 554.95 |
Promoters
Book Running Lead Managers
Promoter Shareholding
Pre-IPO
99.72%
Promoter stake
Post-IPO
74.65%
Promoter stake
Offered to Public
1,67,04,750
shares
Post Share Capital
5,91,09,520
shares
About the Company
We are one of the leading domestic players in transformer manufacturing in terms of revenue in Fiscal 2025. We cater to high growth industries such as power transmission, railways, renewable energy, and power distribution (Source: CARE Report). As on September 30, 2025, we are one of five companies in India to have the short circuit test certification for 500 MVA 400 kV transformers that are used in the power transmission industry (Source: CARE Report). We conduct short circuit testing of our transformers at a scale and as on September 30, 2025, have tested over 200 ratings. We are one of four manufacturers in India who are certified by Research Designs and Standards Organisation (RDSO), the research and development wing of Indian Railways, to manufacturing 100 MVA 132 kV Scott transformers. We are also one of two Indian manufacturers certified to manufacture 100 MVA 220 kV Scott transformers, both of which cater to the demand for rail network electrification from the Indian Railways (Source: CARE Report). Through our backward integrated facilities, we offer a wide range of products and solutions for India’s energy infrastructure, particularly in the manufacture of transformers with our in-house technology. We are led by our Promoter, Chairman and Managing Director, Dinesh Singhal, who is graduate of Indian Institute of Technology Roorkee (formerly known as University of Roorkee), with over 40 years of experience in the transformer manufacturing industry.
Use of Proceeds
1. Funding the capital expenditure requirements of our Company towards:(i) Purchase of new machinery and equipment for our manufacturing facility located in Gangol, Meerut, Uttar Pradesh (“Gangol Manufacturing Facility”) for increasing our transformer manufacturing capacity, expanding and automating our backward integration facilities and enhancing operational efficiency;(ii) Civil construction and interior development of an office building at our Gangol Manufacturing Facility; and(iii) Enhancing our sustainability initiatives by (a) setting up of solar power plants at our manufacturing facility locatedin Rithani, Meerut, Uttar Pradesh (“Rithani Manufacturing Facility”, and together with the Gangol Manufacturing Facility, the “Manufacturing Facilities”) and Gangol Manufacturing Facility, and (b) purchasing electric trucks and forklifts (together, “Electric Vehicles”) for handling and movement at our Gangol Manufacturing Facility.(collectively, the “Capital Expenditure Requirements”);2. Funding incremental working capital requirements of our Company; and3. General corporate purposes.
KANOHAR Latest News
News
Kanohar Electricals informs about transcript of earnings call
Kanohar Electricals trades higher on reporting over two-fold jump in Q1 net profit
The total income of the company has increased by 96.72% at Rs 139.00 crore for Q1FY27
Kanohar Electricals’ net profit jumps over two-fold in Q1
The total income of the company has increased by 96.72% at Rs 139.00 crore for Q1FY27
Kanohar Electricals informs about outcome of board meeting
Kanohar Electricals lists with 6% premium on the BSE
The scrip is currently trading at Rs. 746.40, up by 114.40 points or 18.10% from its issue price
Kanohar Electricals coming with IPO to raise up to Rs 1071 crore
The issue will open for subscription on September 08, 2026 and will close on September 10, 2026
Kanohar Electricals gets SEBI’s nod to raise funds via IPO
The company plans to use the fresh issue proceeds for business growth and working capital requirements
IPO FAQs
The Kanohar Electricals Ltd. IPO has a total of ₹739 crore, calculated at the upper end of the .
The Kanohar Electricals Ltd. IPO is priced at ₹601–632 per share. bids must fall within this , against a of ₹2 per share.
The for the Kanohar Electricals Ltd. IPO is 23 shares, which is also the minimum order quantity — you have to apply for at least 23 shares, and in multiples of 23 beyond that.
The minimum investment in the Kanohar Electricals Ltd. IPO is about ₹13,823 — one lot of 23 shares, calculated at the lower end of the .
Bidding at the cut-off or upper price raises the amount blocked in your account.
The Kanohar Electricals Ltd. opens on 8 Sept 2026 and closes on 10 Sept 2026.
Applications have to be in before 5:00 PM IST on the closing day, and your UPI mandate needs to be approved by then as well.
Kanohar Electricals Ltd. shares were listed on 16 Sept 2026 on BSE and NSE.
MUFG Intime India Pvt Ltd. is the for the Kanohar Electricals Ltd. IPO.
The registrar processes the , refunds and the credit of shares to your demat account, so allotment-status queries go to them — phone +91 810 811 8484 and email rnt.helpdesk@in.mpms.mufg.com.
Kanohar Electricals Ltd. IPO shares are listed on BSE and NSE.
Each Kanohar Electricals Ltd. share has a of ₹2.
Face value is the nominal value recorded in the company's books and is separate from the issue price you pay.
held 99.72% of Kanohar Electricals Ltd. before the IPO, which falls to 74.65% after the issue.
1,67,04,750 shares of Kanohar Electricals Ltd. are being offered to the public in this issue.
The Kanohar Electricals Ltd. IPO has been subscribed 90.59x overall — 215.37x, 87.74x and 20.51x.
figures update through the issue period until it closes.
- 1.Funding the capital expenditure requirements of our Company towards:(i) Purchase of new machinery and equipment for our manufacturing facility located in Gangol, Meerut, Uttar Pradesh (“Gangol Manufacturing Facility”) for increasing our transformer manufacturing capacity, expanding and automating our backward integration facilities and enhancing operational efficiency;(ii) Civil construction and interior development of an office building at our Gangol Manufacturing Facility; and(iii) Enhancing our sustainability initiatives by (a) setting up of solar power plants at our manufacturing facility locatedin Rithani, Meerut, Uttar Pradesh (“Rithani Manufacturing Facility”, and together with the Gangol Manufacturing Facility, the “Manufacturing Facilities”) and Gangol Manufacturing Facility, and (b) purchasing electric trucks and forklifts (together, “Electric Vehicles”) for handling and movement at our Gangol Manufacturing Facility.(collectively, the “Capital Expenditure Requirements”)
- 2.Funding incremental working capital requirements of our Company
- 3.General corporate purposes
Nuvama Wealth Management Ltd. and IIFL Capital Services Ltd. are the for the Kanohar Electricals Ltd. IPO.
Pre-apply means placing your Kanohar Electricals Ltd. application before the subscription window actually opens. The bid is held and forwarded to the exchange on the opening day, so you don't have to submit it in the rush of the first morning.
Applying early doesn't improve your chances — when an issue is oversubscribed, the for investors is decided by a lottery, not by who applied first. Your money is only blocked once the application reaches the exchange.
You can apply in the Kanohar Electricals Ltd. IPO online using either UPI or ASBA as the payment method. ASBA applications are made through the net banking of a bank account that supports IPO applications — the bank blocks the amount in your account instead of debiting it. UPI applications are offered by brokers that don't provide banking services: you enter your UPI ID and then approve the mandate request in your UPI app.
Either route needs a demat account. You bid for at least one lot, at a price within the or at the cut-off price, and the money stays blocked in your bank account until the is finalised.
Your broker or bank confirms the bid once it has been submitted to the exchange, usually within a few minutes during the bidding window. A UPI application only goes live after you approve the mandate request — ignore it and the bid lapses, even though it looks placed.
You can check the Kanohar Electricals Ltd. bid independently on the NSE or BSE IPO bid-verification page a day after applying. An ASBA application also shows up as a blocked amount in your bank statement.