Kanishk Aluminium India IPO

Kanishk Aluminium India Limited IPO

BSE SME Listed

Kanishk Aluminium India is a BSE SME IPO listed on BSE SME with an issue price of ₹73 per share. The stock debuted at ₹58.4. The IPO had a lot size of 1600 shares and a minimum investment of ₹2,33,600.

₹2,33,600 (3200 Shares)
Minimum Investment
Check Allotment
IPO Dates
Jan 28, 2026 – Jan 30, 2026
Price band
₹73 per equity share
Minimum Investment
₹2,33,600
Issue size
₹29.2 Cr
Lot size
1600
Allotment Date
Feb 2, 2026
Listing
Feb 4, 2026
Listing At
BSE SME

IPO timeline

  1. Jan 28, 2026

    Open Date

    Completed

  2. Jan 30, 2026

    Close Date

    Completed

  3. Feb 2, 2026

    Allotment Date

    Completed

  4. Feb 4, 2026

    Listing Date

    Completed

Kanishk Aluminium India IPO Subscription Details

View Subscription Details
Individual 1.86x
NIIs 0.33x
Individual 1.86x
Total 1.10x

Kanishk Aluminium India IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.

Last updated:

Kanishk Aluminium India IPO Essentials

Kanishk Aluminium India IPO Details

Kanishk Aluminium India IPO is priced at ₹73 per share with a total issue size of ₹29.2 crore. The IPO has a lot size of 1600 shares and is listed on BSE SME.

Issue price
₹73 per equity share
Lot size
1600 shares
Face value
₹10 Per Equity Share
Total issue size
40,00,000 shares
(aggregating up to ₹29.2 crore)
Fresh issue
40,00,000 shares
(aggregating up to ₹29.2 crore)
Listing at
BSE SME
List price
58.4
Listing date
Registrar
Kfin Technologies Ltd.
Lead manager
Sun Capital Advisory Services Pvt.Ltd.

Market Lot Size

Investors can bid for a minimum of 3200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Individual (min) 2 3200 ₹2,33,600
Individual(max) 2 3200 ₹2,33,600
sHNI(min) 3 4800 ₹3,50,400

Kanishk Aluminium India IPO Documents

Kanishk Aluminium India IPO Reservation

Kanishk Aluminium India IPO reservation details show category-wise allocation of shares. Out of the total 4000000 shares, approximately 47.48% for NII, 47.52% for retail investors, and 5% for market maker.

Investor Category Shares Offered Maximum Allottees
Market Maker Shares Offered 200000 (5%)
NII (HNI) Shares Offered 1899200 (47.48%) 396
Individual Shares Offered 1900800 (47.52%) 594
Total Shares Offered 4000000 (100%)

Kanishk Aluminium India IPO Analytics

Kanishk Aluminium India IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Kanishk Aluminium India IPO Subscription Status

Kanishk Aluminium India IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO is currently subscribed 1.1x, indicating moderate demand across investor categories.

As on QIB / NII Individual Total
Shares Offered / Reserved 18,99,200 19,00,800 38,00,000
Day 1 28-01-26 05:00 PM
(0.12) x 0.22 x 0.17 x
Day 2 29-01-26 05:00 PM
(0.14) x 0.97 x 0.56 x
Day 3 30-01-26 05:00 PM
(0.33) x 1.86 x 1.10 x
Day 4 02-02-26 05:00 PM
(0.33) x 1.86 x 1.10 x
Total No. of Applications
bHNI sHNI Individual
1167 (Approx) 0x 0x 1.86x

Kanishk Aluminium India Valuations

Earnings

EPS Pre IPO
₹3.22/-
EPS Post IPO
₹3.84/-
P/E Pre IPO
22.66
P/E Post IPO
19.03

Returns

ROE
20.21%
ROCE
14.61%
RoNW
20.21%
PAT Margin
5.09%

Fundamentals

Debt / Equity
1.37
Price / Book
3.18
Market Cap
98.11 Cr.

Data sourced from DRHP / RHP • For educational purposes only

Kanishk Aluminium India Financials( In Crs.)

31-Aug-25 31-Mar-25 31-Mar-24 31-Mar-23
Assets 60.47 50.50 41.09 37.11
Revenue 29.25 60.13 59.54 59.68
Profit After Tax 2.15 3.04 1.52 1.76
Net Worth 18.72 16.57 13.53 6.01
Reserves & Surplus 9.28 7.13 7.63 1.11
Total Borrowing 25.55 22.74 20.84 26.45

Kanishk Aluminium India Company & Offer Insights

About Kanishk Aluminium India

Incorporated in 2022, Kanishk Aluminium India Ltd. is a manufacturer located in Jodhpur and specializing in a wide range of aluminum extrusion products. The company operates from a state-of-the-art 4,000 sq. metre facility in the 'Blue City' of Rajasthan.
Kanishk Aluminium manufactures diverse and customized aluminium profile solutions for multiple sectors, including electronics, automotive, solar, furniture, transport, electrical, and architecture.

Product Portfolio:
Extruded Aluminum: From solid and hollow-section profiles to solar profiles, heat sinks, railings, sliding/fixed window/door profiles
Engineering Products: Channels, sections, flat bars, and tubes in several finishes, tolerances and tempers.
Hardware & Architectural Solutions: Kitchen profiles, railing systems and other customized architectural applications.

At November 30, 2025, the company employed 46 personnel responsible for operations, quality control, administration, and business functions.

Kanishk Aluminium India Promoter(s)

Mr. Parmanand Agarwal, Mrs. Khusboo Agarwal, Mr. Ashish Agarwal are the company's promoters of Kanishk Aluminium India.

Kanishk Aluminium India IPO Issue Objectives

Repayment/ pre-payment, in full or part, of certain borrowings availed by the Company
Branding and Promotion of Company brand, ‘Baari by Kanishk
General Corporate Purposes

Contact Information

Contact Details

Kanishk Aluminium India

+91 92570 61994

cs@kanishkindia.co.in

https://kanishkindia.co.in/

Plot No. E-849 A Fourth Phase RIICO Boranada Jodhpur, Rajasthan, 342001

Registrar Contact Details

Kfin Technologies Limited

04067162222, 04079611000

kal.ipo@kfintech.com

https://ipostatus.kfintech.com/

Frequently Asked Questions

Click any question to reveal the answer

Kanishk Aluminium India IPO is a Fixed Priced IPO worth ₹29.2 crore. The issue price is ₹73 per share (fixed price). The IPO opens on Jan 28, 2026 and closes on Jan 30, 2026. It will be listed on BSE. Kfin Technologies Ltd. is the registrar.

The issue price of Kanishk Aluminium India IPO is ₹73 per share (fixed price).

The lot size of Kanishk Aluminium India IPO is 1600 shares.

The minimum investment for Kanishk Aluminium India IPO is approximately ₹2,33,600 based on the issue price.

Kanishk Aluminium India IPO opens on Jan 28, 2026 and closes on Jan 30, 2026.

The allotment date of Kanishk Aluminium India IPO is Feb 2, 2026.

Kanishk Aluminium India IPO is expected to be listed on Feb 4, 2026 on BSE SME Platform.

Kanishk Aluminium India IPO valuation snapshot: P/E 19.03, EPS ₹3.84/-, P/B 3.18, RoNW 20.21%, and market cap 98.11 Cr.

To apply for Kanishk Aluminium India IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Kanishk Aluminium India IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Kanishk Aluminium India IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Kanishk Aluminium India IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Kanishk Aluminium India IPO allotment status on IPO Ji for quick and easy access.