Kanishk Aluminium India IPO Details
Kanishk Aluminium India IPO Summary
Kanishk Aluminium India IPO opens for subscription on 28 Jan 2026 and closes on 30 Jan 2026.The IPO will be listed on BSE with the tentative listing date set for 04 Feb 2026.
Kanishk Aluminium India IPO price band has been fixed at ₹73 – ₹73 per share. The face value is ₹10 per share with a lot size of 1600.
Kanishk Aluminium India IPO total issue size comprises 40,00,000 shares (aggregating up to ₹29.20 Cr). This includes a fresh issue of 40,00,000 shares (aggregating up to ₹29.20 Cr). Pre-issue shareholding stands at 94,40,000, which will increase to 1,34,40,000 post-issue.
Kanishk Aluminium India IPO carries a ₹0 (0%) GMP, reflecting investor sentiment.
Kanishk Aluminium India IPO Lot Size :Individual Minimum is 2 lots (3,200 shares) amounting to ₹233,600. Individual Maximum is 2 lots (3,200 shares) amounting to ₹233,600. HNI Minimum is 3 lots (4,800 shares) amounting to ₹350,400.
The Lead Managers for Kanishk Aluminium India IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Sun Capital Advisory Services Pvt Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For SME (Small and Medium-sized Enterprise) IPOs, a Market Maker is appointed to ensure liquidity and stability for the stock once it is listed. They do this by continuously quoting bid and ask prices, ensuring there is a market for the shares. The appointed market maker for this IPO is Sunflower Broking. You can analyze their track record by checking the Market Maker Performance Summary report.
For detailed information, Refer to the Kanishk Aluminium India Limited RHP.
Kanishk Aluminium India IPO Details
Kanishk Aluminium India IPO Subscription
Kanishk Aluminium India IPO Application Wise Breakup
Kanishk Aluminium India IPO Dates
- 28 Jan 2026Opening dateOpen
- 30 Jan 2026Closing dateClose
- 02 Feb 2026Allotment Date Allotment
- 03 Feb 2026Initiation of RefundsRefund
- 03 Feb 2026Credit of SharesCredit
- 04 Feb 2026Listing dateListing
Kanishk Aluminium India IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual Minimum | 2 | 3200 | ₹233,600 |
| Individual Maximum | 2 | 3200 | ₹233,600 |
| HNI Minimum | 3 | 4800 | ₹350,400 |
Kanishk Aluminium India IPO Reservation
Promoter Holding
Documents
Kanishk Aluminium India IPO Valuations
Kanishk Aluminium India Financial Information
| Period Ended | 31 Aug 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 60.47 | 50.50 | 41.09 | 37.11 |
| Total Income | 29.25 | 60.13 | 59.54 | 59.68 |
| Profit After Tax | 2.15 | 3.04 | 1.52 | 1.76 |
| EBITDA | 4.08 | 6.63 | 4.50 | 4.06 |
| NET Worth | 18.72 | 16.57 | 13.53 | 6.01 |
| Reserves and Surplus | 9.28 | 7.13 | 7.63 | 1.11 |
| Total Borrowing | 25.55 | 22.74 | 20.84 | 26.45 |
| Amount in ₹ Crore | ||||
About Kanishk Aluminium India IPO
Incorporated in 2022, Kanishk Aluminium India Limited is a Jodhpur-based manufacturer specialising in a wide range of aluminium extrusion products. The Company operates from a modern manufacturing facility spanning approximately 4,000 square metres in Jodhpur, Rajasthan.
The Company serves multiple end-use sectors, including electronics, automotive, solar energy, furniture, transportation, electrical equipment, and architectural applications, by offering customised aluminium profile solutions tailored to customer requirements.
Product Portfolio
- Aluminium Extrusions: Solid and hollow section profiles, solar profiles, heatsinks, railings, and sliding or fixed window and door profiles.
- Engineering Products: Channels, sections, flat bars, and tubes manufactured with various finishes, tolerances, and tempers.
- Hardware & Architectural Solutions: Kitchen profiles, railing systems, and other customised architectural applications.
As of November 30, 2025, the Company employed 46 personnel responsible for operations, quality control, administration, and business functions.
Strength Of Kanishk Aluminium India IPO
- Diverse Product Portfolio.
- Ability to provide customized solutions tailored to client specifications.
- Stringent quality control mechanism ensuring standardized product quality.
- Strong knowledge and expertise of Senior management team.
- Strong existing client relationship.
- Prepared to grow and reap benefit of available huge potentials available in aluminum product end-users sectors.
Risk Of Kanishk Aluminium India IPO
- A significant portion of revenue comes from key customers, and losing one or more of them, experiencing a decline in their financial health or business outlook, or facing a reduction in their demand for the company'sproducts could negatively impact our business, operating results, financial condition, and cash flows.
- The Company is dependents on few suppliers for purchase of raw materials. Loss of any of these large suppliers may affect its business operations adversely.
- The company's Promoter Group entities have some common business interest or pursuits among themselves, which may create potential conflict of interest and can adversely affect the interest of the Company.
- There have been instances of delayed filings in the past with certain Regulatory Authorities. If the Regulatory Authorities impose any monitory penalties on the company or take any punitive actions against the Company in relation to the same,the company's business, financial condition and results of operations could be adversely affected.
- In the past, there have been discrepancies in filings with the Registrar of Companies (RoC) and other non-compliances under the Companies Act, which may result in penalties.
- The company's operations are highly dependent on the availability and price volatility of aluminium, which constitutes its primary raw material. Any disruption in the procurement or significant fluctuations in aluminium prices whether due to global supply-demand dynamics, import/export restrictions, or geopolitical tensions may adversely affect its profitability and operations.
- The company has a limited operating history under its current business model and brand identity, which may affect the company's ability to attract customers and investors.
- The Company derives a significant portion of revenue from aluminum extrusion products which is used in for sale of Architectural Products, Engineering Products, Automobile Products, Electronics & Electrical Products and Solar Products etc. and any reduction in the sale of such products could have an adverse effect on the business, results of operations and financial condition.
- The Company had negative operating cash flow in recent fiscals, details of which are given below. Sustained negative cash flow could adversely impact its business, financial condition and results of operations.
- The company's past performance may not be indicative of its future growth. An inability to effectively manage the company's growth and expansion may have a material adverse effect on its business prospects and future financial performance.
Objectives Kanishk Aluminium India IPO
1. Repayment/ pre-payment, in full or part, of certain borrowings availed by the Company
2. Branding and Promotion of Company brand, ‘Baari by Kanishk
3. General Corporate Purposes
Company Contact Details
Kanishk Aluminium India Ltd.
Plot No. E-849 A
Fourth Phase RIICO
Boranada
Jodhpur, Rajasthan, 342001
Phone: +91 92570 61994
Email: cs@kanishkindia.co.in
Website: https://kanishkindia.co.in/
Registrar Contact Details
Kanishk Aluminium India FAQs
The Kanishk Aluminium India IPO is a SME public issue comprising 4000000 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹29.20 Cr. The issue price has been fixed at ₹73 per equity share, and the minimum application size is 1600 shares.
The IPO opens for subscription on 28 Jan 2026, and closes on 30 Jan 2026.
Kfin Technologies Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the BSE
As of now, the current GMP stands at ₹0 (0%).
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