Kanohar Electricals IPO Price Band & Lot Size
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Kanohar Electricals IPO Details
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.
Kanohar Electricals IPO Objects of the Offer what the fresh issue funds
| 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.
Kanohar Electricals Financials ₹ in crore
| ₹ 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 |
Kanohar Electricals IPO Valuation and Listed Peers as stated in the offer document
| 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.
Kanohar Electricals Shareholding before & after the IPO
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.
Kanohar Electricals Anchor Investors as filed with the exchange
| 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.
Kanohar Electricals IPO Lot Size & Minimum Investment by investor category
| 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.
About Kanohar Electricals
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.
Kanohar Electricals IPO Strengths & Risks as disclosed in the DRHP
How to check Kanohar Electricals IPO allotment status
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.
Kanohar Electricals IPO Price Band & Lot Size FAQs
What is the price band of Kanohar Electricals IPO?
The Kanohar Electricals Limited IPO price band is ₹632 to ₹632 per share. Applications are made at the cut-off price, which is the upper end of the band.
What is the lot size of Kanohar Electricals IPO?
One lot is 23 shares, so a single application at the ₹632 cut-off costs ₹14,536. Retail investors can apply for up to 13 lots within the ₹2,00,000 retail limit.
What is the minimum investment in Kanohar Electricals IPO?
₹14,536 — one lot of 23 shares at ₹632. Bids in the non-institutional category start above ₹2,00,000 and are made in multiples of the lot.
Is Kanohar Electricals IPO a mainboard or SME issue, and on which exchange?
Kanohar Electricals Limited is a mainboard issue listing on NSE. The lead manager is Nuvama Wealth Management Limited.
What is the issue size of Kanohar Electricals IPO?
The issue size is ₹1,055.74 crore, of which ₹300 crore is a fresh issue and ₹755.74 crore an offer for sale by existing shareholders.
Kanohar Electricals IPO Registrar where allotment and refund queries go
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.
How to Apply for the Kanohar Electricals IPO ASBA and UPI, as SEBI sets them
- Apply through your broker’s IPO window or your bank’s net banking (ASBA). The money stays in your own account and is only blocked until allotment.
- Choose the number of lots and bid at the cut-off price. Retail applications are capped at ₹2,00,000; above that the bid moves to the non-institutional category.
- If you applied through a broker, approve the UPI mandate in your payment app. The mandate must be approved by 5 pm on the day after your bid, and by 5 pm on the closing day for bids made on the last day (10 Sept 2026).
- One application per PAN. A second application under the same PAN is rejected, and both may be.
- After allotment the blocked amount is released for shares not allotted. Allotment and refund queries go to the registrar, MUFG Intime India Private Limited, not to the exchange or the broker.
What is GMP in an IPO?
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.