Kanohar Electricals Limited
ListedMainboardCapital 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
₹182
+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 12 days ago
Overall Subscription
90.59x
Total Demand
QIB Multiplier
215.37x
Institutions & Funds
NII / HNI
87.74x
High Net-Worth
Retail (RII)
20.51x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 3,340,950 | 719,539,590 | 215.37x |
| NIB | 2,505,713 | 219,849,778 | 87.74x |
| HNIs(10L +) | 1,670,475 | 157,086,665 | 94.04x |
| HNIs (2-10L) | 835,238 | 62,763,113 | 75.14x |
| RETAIL | 5,846,663 | 119,899,460 | 20.51x |
| Total | 14,199,039 | 1,279,138,606 | 90.59x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 254,203 | 4,612,086 | 18.14x |
| HNIs(10L +) | 5,188 | 98,007 | 18.89x |
| HNIs (2-10L) | 2,594 | 189,312 | 72.98x |
| Total Applications | 261,985 | 4,899,405 | 18.70x |
Day-Wise Subscription Progress
About Kanohar Electricals Limited Public Issue & Market Profile
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.
Bidding & Quota Instructions:
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 Schedule:
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.
Frequently Asked Questions
What is the issue size and price band for Kanohar Electricals Limited IPO?
The Kanohar Electricals Limited IPO aggregate issue size is ₹1,67,04,750 Crores with an equity price band set at ₹601 to ₹632 per equity share. The retail lot size is 23 shares requiring a minimum capital outlay of approx. ₹14,536.
How can I check Kanohar Electricals Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. You can track QIB, NII/HNI, and Retail category multiples directly on our dedicated live subscription page.
Where will Kanohar Electricals Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2026-09-11.