
Capital Goods / Electrical Equipment · NSE / BSE
Kanohar Electricals Limited, established in 1972, is a transformer manufacturing company serving sectors like power transmission, railways, renewable energy, and power distribution. The company operates through two main segments—transformer manufacturing and EPC services—and is among the few manufacturers in India certified by RDSO for producing high-capacity 100 MVA 132 kV Scott transformers. It runs two manufacturing units in Meerut with a combined capacity of 19,200 MVA and has a strong presence across India through regional offices in major cities. With a workforce of around 500 employees, the company caters to a wide range of clients nationwide, supporting infrastructure and energy development.
Price Band
₹601 – ₹632
Issue Size
₹1670.47 L Cr
Lot Size
23 shares
GMP
+28.8%
Est. Listing
₹814
at current GMP
Subscribed
90.59x
overall
Open
8 Sep 2026
Close
10 Sep 2026
Allotment
11 Sep 2026
Refund
12 Sep 2026
Demat Credit
13 Sep 2026
Listing
16 Sep 2026
Last updated: 16 Sept 2026
Current Premium
Issue Price (Upper)
₹632
Band: ₹601 – ₹632
Estimated Listing Price
₹814
Upper price + GMP
Lot Size
23 shares
Min investment ₹14,536
Estimated Profit / Lot
₹4,186
23 × ₹182
Grey Market Premium trend
+₹182
▲ 0 today
Updated 1 minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 28 Sep 2026 | +₹182 | 28.8% | ₹814 |
| 26 Sep 2026 | +₹182 | 28.8% | ₹814 |
| 25 Sep 2026 | +₹164 | 25.9% | ₹796 |
GMP is unofficial market data. Not a guarantee of listing performance.
Kanohar Electricals Limited is bringing an initial public offering (IPO) in the Capital Goods / Electrical Equipment sector with an aggregate issue size of ₹1,67,04,750 Crores. The shares are offered at a price band of ₹601 to ₹632 per equity share on NSE and BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 23 shares (approx. ₹14,536 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2026-09-13, while un-allotted funds or UPI block mandates will be released on 2026-09-12.
The latest grey market premium for Kanohar Electricals Limited IPO is ₹182, which indicates an expected listing price of ₹814.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.