Kanohar Electricals IPO Date, Price, GMP, Allotment & Details

Kanohar Electricals IPO Date, Price, GMP, Review, Details & Information

The Kanohar Electricals IPO GMP is a mainboard book-built issue of the rupees one thousand fifty-five point seven four crore. The issue includes an issue of up to rupees three hundred crore and an Offer for Sale (OFS) of up to rupees seven hundred fifty-five point seven four crore by K Sons Family Trust. The IPO started for subscription on September 8 2026. Ended on September 10 2026.

The Kanohar Electricals IPO price range is set at rupees six hundred one to rupees six hundred thirty-two per share with a lot size of twenty-three shares. At the price range the minimum investment, for retail investors is rupees fourteen thousand five hundred thirty-six. The shares are expected to be listed on both the BSE and NSE with a listing date of September 16 2026.

Kanohar Electricals IPO Details

Kanohar Electricals IPO Reservation

The IPO has shares reserved across different investor categories. The exact category-wise allocation should be checked against the latest RHP and exchange information.

Kanohar Electricals IPO Timeline

Kanohar Electricals IPO Lot Size

The Kanohar Electricals IPO lot size is 23 shares. At the upper price band of ₹632, one lot requires an investment of ₹14,536.

Kanohar Electricals IPO GMP Today

The Kanohar Electricals IPO GMP (Grey Market Premium) has been positive ahead of listing. Recent market reports have indicated GMP levels around ₹198–₹220, although the figure changes frequently. One recent report indicated a GMP of around ₹198, or approximately 31% over the upper price band.

At a GMP of ₹198 and an upper issue price of ₹632, the implied price would be around ₹830. However, this is only an unofficial grey-market indication and does not guarantee the actual listing price or returns.

Kanohar Electricals IPO Subscription

The IPO has received strong investor interest. On the first day, reports indicated that the issue was subscribed 2.70 times overall, with the retail portion at 3.29 times and the non-institutional portion at 4.87 times.

By September 9, 2026, another market update reported subscription of 10.22 times, showing continued demand for the issue.

About Kanohar Electricals Limited

Kanohar Electricals Limited is an Indian electrical equipment company engaged primarily in transformer manufacturing and engineering, procurement and construction (EPC) activities.

The company was originally incorporated as Kanohar Electricals Private Limited on November 13, 1972. Its registered and corporate office is located in Meerut, Uttar Pradesh.

The company's business covers transformers used in power transmission, railways, renewable energy and power distribution, along with EPC solutions for electrical infrastructure.

Kanohar Electricals Products

The company has a diversified product portfolio that includes:

• Power Transformers
• Distribution Transformers
• Traction Transformers
• Scott Transformers
• Shunt Reactors
• Gas Insulated Switchgear
• Substations
• Transmission-Line EPC Solutions

Kanohar Electricals' business is positioned to benefit from India's ongoing investment in electricity transmission, distribution, railway electrification and renewable-energy infrastructure.

Kanohar Electricals IPO Objectives

The ₹300 crore fresh issue will provide funds to the company for purposes specified in its IPO documents, while the ₹755.74 crore OFS represents shares being sold by the existing promoter selling shareholder, K Sons Family Trust. Proceeds from the OFS go to the selling shareholder rather than the company.

Kanohar Electricals Promoter Holding

The promoters include Dinesh Singhal, Adesh Singhal, Vivek Singhal, Abhishek Singhal, Virat Singhal, Aditya Singhal and K Sons Family Trust.

Reports indicate that promoter ownership is expected to decline following the IPO and associated transactions. The Economic Times reported promoter holding falling from approximately 99.7% to 74.9% post-IPO.

Kanohar Electricals IPO Competitive Strengths

Kanohar Electricals IPO Risks

Investors should also consider the risks associated with the company and its IPO.

One notable concern highlighted in recent coverage is customer and supplier concentration. The Economic Times reported that around 85% of FY26 revenue came from government entities, creating dependence on government-related business and project cycles.

Other factors investors should examine include:

• Dependence on large infrastructure projects
• Customer concentration
• Raw-material price fluctuations
• Working-capital requirements
• Competition in transformer manufacturing
• Government and utility project cycles
• Valuation at the IPO price

Kanohar Electricals IPO Review

The Kanohar Electricals IPO has attracted strong investor attention, supported by the company's established presence in transformer manufacturing and India's long-term power-infrastructure requirements.

The positive GMP and strong subscription figures indicate substantial market interest. Nevertheless GMP alone is not enough to decide whether to invest. Investors also need to look at the company’s performance, its valuation, its debt, the concentration of its customers, its cash flows and its prospects, for future growth.For long-term investors, the company's exposure to India's expanding power transmission, renewable-energy and railway infrastructure could be a positive factor. At the same time, the concentration of business among government customers is an important risk to monitor.

Kanohar Electricals IPO – Key Highlights

Conclusion

Kanohar Electricals IPO is a mainboard issue worth ₹1,055.74 crore. Kanohar Electricals IPO includes an issue of ₹300 crore and an Offer for Sale of ₹755.74 crore. Kanohar Electricals IPO sets a price band of ₹601 to ₹632 per share. Each lot includes 23 shares.

Kanohar Electricals operates in the transformer and electrical infrastructure sector. Kanohar Electricals has business in power transmission, distribution, railways and renewable energy. I see that strong subscription demand and a positive grey‑market premium are pulling investors to Kanohar Electricals IPO.

Investors need to remember that the GMP is unofficial and can change fast. A final investment decision for Kanohar Electricals IPO should be based on Kanohar Electricals RHP, financial performance, valuation, business prospects and risk factors.

FAQs – 

Q. What is the Kanohar Electricals IPO price band?

I can share the details of the Kanohar Electricals IPO price band: it ranges from ₹601 to ₹632 for each share.

Q. What is the Kanohar Electricals IPO lot size?

I want to let you know that the Kanohar Electricals IPO lot size comes in 23 shares.

Q. What is the minimum investment in Kanohar Electricals IPO?

If you are thinking about the minimum investment, one lot at the price band of the Kanohar Electricals IPO will cost ₹14,536.

Q. When does Kanohar Electricals IPO close?

I want to let you know that the Kanohar Electricals IPO will close on September 10 2026.

Q. When will Kanohar Electricals IPO be listed?

I have the information that the Kanohar Electricals IPO should go live on September 16 2026 and will be available on both BSE and NSE.

Q. What is the current Kanohar Electricals IPO GMP?

From reports the GMP, for the Kanohar Electricals IPO sits around ₹198–₹220 yet it remains unofficial and could vary before the listing.