AnandRathi

Kanohar Electricals Ltd IPO

Mainboard

Price Band

₹601-632

Issue Size

₹1055.74 Cr

Lot Size

23

Open Date

8 Sept 2026

Close Date

10 Sept 2026

Listing Date

16 Sept 2026

This IPO is Closed

About Kanohar Electricals Ltd

We are one of the leading domestic players in transformer manufacturing in terms of revenue in Fiscal 2026. We cater to high growth industries such as power transmission, railways, renewable energy, and power distribution. As on March 31, 2026, we are one of five companies in India to have the short circuit test certification for 500 MVA 400 kV transformers that are used in the power transmission industry. We conduct short circuit testing of our transformers at a scale and as on March 31, 2026, have tested over 200 ratings. We are one of four manufacturers in India who are certified by Research Designs and Standards Organisation (RDSO), the research and development wing of Indian Railways, to manufacturing 100 MVA 132 kV Scott transformers. We are also one of two Indian manufacturers certified to manufacture 100 MVA 220 kV Scott transformers, both of which cater to the demand for rail network electrification from the Indian Railways. Through our backward integrated facilities, we offer a wide range of products and solutions for India's energy infrastructure, particularly in the manufacture of transformers with our in-house technology. We are led by our Promoter, Chairman and Managing Director, Dinesh Singhal, who is graduate of Indian Institute of Technology Roorkee (formerly known as University of Roorkee), with over 40 years of experience in the transformer manufacturing industry.

Kanohar Electricals Ltd IPO Timeline

Track key IPO dates — from opening and closing to allotment, refund, and listing.

IPO Open Date

8 Sept 2026

IPO Close Date

10 Sept 2026

Allotment Date

11 Sept 2026

Refund Date

15 Sept 2026

Credit to Demat

15 Sept 2026

Listing Date

16 Sept 2026

Kanohar Electricals Ltd IPO Subscription Status

See how the issue is being subscribed across QIB, NII, Retail, and Employee categories.

DateQIBNIIRIIEmployeeTotal
8 Sept 20260.03x4.87x3.30x0.00x2.70x
9 Sept 20266.50x19.22x8.49x0.00x10.22x
10 Sept 2026215.37x87.74x20.51x0.00x90.59x

Kanohar Electricals Ltd IPO Financials

A quick look at revenue, EBITDA, profit, and net worth over the last three years.

Consolidated financials data not available.

Kanohar Electricals Ltd IPO Strengths

  • Established player in the transformer manufacturing sector catering to high growth industries.
  • Successful short circuit testing of transformers up to 500 MVA 400 kV which enables us to compete for large, high-value contracts across sectors.
  • Comprehensive presence across our Transformer Manufacturing Business and EPC Business enabling us to serve a large total addressable market.
  • Integrated manufacturing facilities equipped to deliver high-quality products.
  • Track record of executing orders for large and marquee clients.
  • Experienced Promoters and management team with significant industry experience.
  • Track record of profitability.

Kanohar Electricals Ltd IPO Reservation

See what share of the issue is reserved for Retail, QIB, NII, and Anchor investors.

Retail35%
QIB20%
NII / HNI15%
Anchor Investors30%
CategoryShares Offered% of Total
Retail58,46,66235%
QIB33,40,95020%
NII / HNI25,05,71315%
Anchor Investors50,11,42530%
Total1,67,04,750100%

Kanohar Electricals Ltd Registrar & Company Details

Registrar

MUFG Intime India Pvt Ltd

C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

+91 810 811 4949

kanoharelectricals.ipo@in.mpms.mufg.com

https://in.mpms.mufg.com

Company

Kanohar Electricals Ltd

Rithani Delhi Road, Meerut, 250103

+91 121-3500 801-05

compliance@Kanohar.com

CIN: U31909UP1972PLC003635

http://www.kanohar.com

Disclaimer

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