Kanishk Aluminium India – IPO
Kanishk Aluminium India – IPO Details
| IPO Date | January 28, 2026 to January 30, 2026 |
| Listing Date | February 4, 2026 |
| Face Value | ₹ 10 / Share |
| Price Band | ₹ 73 to ₹ -- / Share |
| Lot Size | 1600 Shares |
| Total Issue Size | 40,00,000 shares (Aggregating up to ₹29 Cr) |
| Fresh Issue | |
| Offer for Sale | |
| Employee Discount | |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share holding pre issue | 94,40,000 shares |
| Share holding post issue | 1,34,40,000 shares |
| Market Maker portion |
Kanishk Aluminium India Timeline (Tentative Schedule)
Kanishk Aluminium India IPO opens on January 28, 2026, and closes on January 30, 2026.
| IPO Open Date | January 28, 2026 |
| IPO Close Date | January 30, 2026 |
| Basis of Allotment | February 2, 2026 |
| Initiation of Refunds | February 3, 2026 |
| Credit of Shares to Demat | February 3, 2026 |
| Listing Date | February 4, 2026 |
| Cut-off time for UPI mandate confirmation | January 28, 2026 |
Kanishk Aluminium India IPO Lot Size
Investors can bid for a minimum of 3,200 shares and in multiples of 1,600 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 3,200 | |
| Retail (Max) | 2 | 3,200 | |
| S-HNI (Min) | |||
| S-HNI (Max) | |||
| B-HNI (Min) | |||
| HNI (Min) | 3 | 4,800 |
Kanishk Aluminium India IPO Promoter Holding
| Share Holding Pre Issue | 99.99% |
| Share Holding Post Issue | 70.24% |
Kanishk Aluminium India IPO Reservation
Kanishk Aluminium India IPO offers a total of 40,00,000 shares. Out of which 18,99,200 (47.48%) was allocated to NII, 19,00,800 (47.52%) allocated to RII.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | |
|
| Market Maker Shares Offered | 2,00,000 (5.00%) |
|
| Other Shares Offered | |
|
| QIB Shares Offered | |
|
| NII (HNI) Shares Offered | 18,99,200 (47.48%) |
|
| bNII > ₹10L | |
|
| sNII < ₹10L | |
|
| Retail Shares Offered | 19,00,800 (47.52%) |
|
| Employee Shares Offered | |
|
| Total Shares Offered | 40,00,000 (100.00%) |
Kanishk Aluminium India IPO Anchor Investors Details
| Bid Date | |
| Shares Offered | |
| Anchor Portion Size (In Cr.) | |
| Anchor lock-in period end date for 50% shares (30 Days) | |
| Anchor lock-in period end date for remaining shares (90 Days) |
About Kanishk Aluminium India
Started in 2022, Kanishk Aluminium India Ltd. is a manufacturer based in Jodhpur that specialises in a broad range of aluminium extrusion products. The company has a state, of, the, art 4, 000 sq. metre facility in the "Blue City" of Rajasthan.
Kanishk Aluminium caters to sectors like electronics, automotive, solar, furniture, transport, electrical, and architecture with its varied and tailored aluminium profile solutions.
Product portfolio
Aluminium Extrusions: comprises solid and hollow section profiles, solar profiles, heatsinks, railings, sliding/fixed window and door profiles
Engineering Products: Channels, sections, flat bars, and tubes with different finishes, tolerances, and tempers.
Hardware & Architectural Solutions: kitchen profiles, railing systems, and other customised architectural applications.
As of November 30, 2025, the company had 46 employees who were in charge of operations, quality control, administration, and business departments.
Competitive strengths:
The company's product offer is very comprehensive as well as the option of customization
The company is very flexible and fast in responding to changes in the market
In, house quality control system
Better use of resources and operational efficiency
Innovation and growth are the main focus areas of the company
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 29.21% |
| ROCE | 19.92% |
| Debt/Equity | 1.37 |
| RoNW | 29.21% |
| P/BV | 3.68 |
| PAT Margin (%) | 17.62 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 3.22 | 3.84 |
| P/E (x) | 22.66 | 19.03 |
Note:
- The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
- The Pre IPO EPS is calculated based on Pre issue shareholding as on the date of RHP and the latest FY earnings as of March 31, 2025, available in RHP.
- The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of August 31, 2025, available in RHP.
Objects of the Issue (Kanishk Aluminium India IPO Objectives)
Kanishk Aluminium India Contact Details
Kanishk Aluminium India Ltd. Plot No. E-849 A Fourth Phase RIICO Boranada Jodhpur, Rajasthan, 342001
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Kanishk Aluminium India IPO Registrar
Kfin Technologies Ltd.
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