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Market capitalisation is the post-issue share count in the offer document’s capital structure (7,91,86,835 shares) multiplied by the upper end of the price band, ₹632. It is arithmetic on those two filed figures, not a valuation.
| Object of the offer | ₹ crore |
|---|---|
| Funding the capital expenditure requirements of the Company | ₹64.18 |
| Funding the incremental working capital requirements of the Company | ₹155 |
| General corporate purposes | — |
As stated in the “Objects of the Offer” section of the offer document. Proceeds of the offer for sale go to the selling shareholders, not to the company.
| ₹ crore | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | ₹303.77 | ₹276.69 | ₹450.61 |
| Expenses | — | — | — |
| Net profit (PAT) | ₹16.81 | ₹17.76 | ₹65.12 |
| PAT margin | 5.5% | 6.4% | 14.5% |
| Total assets | ₹285.22 | ₹322.86 | ₹432.07 |
| Company | P/E | EPS | RoNW | NAV / share |
|---|---|---|---|---|
| Kanohar Electricals this issue, at ₹632 | — | ₹17.43 | 34.8% | ₹50.09 |
| Hitachi Energy India Limited | 159.55× | ₹221.63 | 19.08% | — |
| Bharat Heavy Electricals Limited | 91.3× | ₹4.6 | 6.13% | — |
| Schneider Electric Infrastructure Limited | 155.12× | ₹8.89 | 28.98% | — |
| CG Power and Industrial Solutions Limited | 114.77× | ₹7.72 | 15.82% | — |
| Transformers & Rectifiers (India) Limited | 32.19× | ₹9.07 | 17.64% | — |
| GE Vernova T&D India Limited | 89.37× | ₹48.16 | 45.85% | — |
The issue’s own figures are copied from the “Basis for the Offer Price” section of its offer document at the upper end of the price band, and the peers are the listed companies Kanohar Electricals names in that same section as its comparison set. Peer figures are for the periods the document states, so they are not necessarily the latest reported. Every cell is transcribed from the filing; none is calculated here, and a figure the document does not state is left blank.
The founding owners and their group entities.
The pre-issue ring is the shareholding-pattern table printed in this issue’s red herring prospectus. No red herring prospectus states a post-issue register — every post-Offer column in one reads “[•], to be included in the Prospectus, subject to finalisation of Basis of Allotment”. So the second ring is worked out from the offer’s own structure. The fresh issue creates shares and dilutes everyone (₹3,000.00 million fresh issue ÷ ₹632 upper band); an offer for sale creates none, and moves the promoters’ holding only by what the promoters themselves sell — 74,231,991 held before the offer − 11,957,915 offered for sale by the promoters. Shares sold by an investor or any other shareholder reach the public without touching the promoter block. Projected at the upper end of the price band, and subject to the basis of allotment. Pre-issue percentages are taken from the disclosure, never estimated.
| Anchor book | As filed |
|---|---|
| Shares allocated to anchors | 50,11,424 |
| Anchor allocation price | ₹632 |
| Amount raised from anchors | ₹316.72 Cr |
| Anchor investors | 42 |
| Mutual fund schemes | 19 |
From the company’s anchor allocation letter filed with the exchange the day before bidding opened. The individual investors are not listed here: this issuer filed the letter as a scan, and rather than print names a reader could not rely on, only the figures the letter states are shown — each one checked against the letter’s own table, whose rows add up to the total exactly.
| Application | Shares | Amount at ₹632 |
|---|---|---|
| Retail (min)1 lot | 23 | ₹14,536 |
| Retail (max)13 lots | 299 | ₹1,88,968 |
| sHNI (min)14 lots | 322 | ₹2,03,504 |
| bHNI (min)69 lots | 1,587 | ₹10,02,984 |
One lot is 23 shares, so a single application at the ₹632 cut-off costs ₹14,536. Retail applications are capped at ₹2,00,000, which is 13 lots for this issue. Amounts are shown at the upper band because applications are made at the cut-off price.
Kanohar Electricals Limited manufactures power transformers, traction transformers, Scott connected transformers, shunt reactors, and high voltage gas insulated switchgear. The company works through manufacturing and EPC segments, serving industries such as power transmission, railways, renewable energy, and power distribution. It operates two manufacturing facilities in Meerut, Uttar Pradesh.
Allotment is decided and published by the issue’s registrar, not by the exchange and not by alphave. For Kanohar Electricals Limited, the registrar is MUFG Intime India Private Limited — allotment is finalised in the days between the issue closing on 10 Sept 2026 and listing on 16 Sept 2026.
Allotment and refund dates follow SEBI’s T+3 listing timeline in trading days and are tentative until the registrar and the exchange confirm them. alphave does not hold allotment results — only the registrar can show whether an application was allotted.
The registrar publishes allotment on its own portal: MUFG Intime. Your bank will also show the blocked amount released if shares were not allotted.
Allotment for the Kanohar Electricals Limited IPO is expected to be finalised on 11 September 2026, the trading day after the issue closes on 10 September 2026. Under SEBI's T+3 timeline refunds and demat credit follow on 15 September 2026 and the shares list on 16 September 2026. Dates are tentative until the registrar and exchange confirm them.
Allotment is decided and published by the registrar, MUFG Intime India Private Limited — not by the exchange and not by alphave. Open the registrar's IPO allotment page, choose the issue, and enter your PAN, application number or DP ID / client ID. Your bank will also show the blocked amount released if shares were not allotted.
The registrar to the Kanohar Electricals Limited IPO is MUFG Intime India Private Limited. The registrar processes applications, finalises the basis of allotment with the exchange, and handles refunds.
The amount blocked in your bank account under ASBA or the UPI mandate is released, normally on the day allotment is finalised or the next working day. No shares are credited and nothing further is needed from you.
The registrar processes the allotment and the refunds. Contact details are as printed in the offer document; the exchange and your broker cannot change an allotment.
Grey Market Premium is the price at which an unlisted IPO application or share changes hands informally, before the stock is listed on the exchange. It is quoted as a rupee figure over the issue price: a premium of ₹192 on a ₹632 upper band means the grey market is dealing at ₹824.
The grey market is an over-the-counter market between private dealers. It is not operated or supervised by NSE, BSE or SEBI, no trade is settled through a clearing corporation, and no dealer is obliged to publish or honour a quote. Figures are collected by third-party reporters and different sources routinely disagree, which is why a premium can move sharply within a day or vanish entirely once bidding closes.
Grey Market Premium is an unofficial, unregulated over-the-counter datapoint reported by third parties. It is not a price, a forecast, or an indication of listing gains, and is not investment advice.