Kanishk Aluminium India Ltd IPO — GMP, Details & Subscription

IPO Details

Open Date

28 Jan 2026

Close Date

30 Jan 2026

Allotment

02 Feb 2026

Listing Date

04 Feb 2026

Exchange

BSE SME

Price Band

₹73

Listing Price

See chart

Allotment Status

Check Now →

Price Band

₹73

Per share

Face Value

₹10 per share

Lot Size

1,600 Shares

per lot

Issue Size

40,00,000 shares (agg. up to ₹29 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹116,800

1 lot

Pre-IPO Holding

94,40,000 shares

Promoters

Post-IPO Holding

1,34,40,000 shares

Promoters

P/E (Pre)

22.66x

P/E (Post)

19.03x

EPS (Pre)

₹3.22

EPS (Post)

₹3.84

UPI Deadline

5:00 PM on 30 Jan 2026

Mandate

Anchor AllotmentTue, 27 Jan 2026

Basis of AllotmentMon, 02 Feb 2026

Refund InitiationTue, 03 Feb 2026

Demat CreditTue, 03 Feb 2026

Listing DayWed, 04 Feb 2026

UPI Mandate Deadline5:00 PM on 30 Jan 2026

Sale TypeFresh Capital

Net Offer to Public38,00,000 shares (agg. up to ₹28 Cr)

Market Maker Quota2,00,000 shares (agg. up to ₹1 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Kanishk Aluminium India Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 30 Jan 2026.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	200,000	—	₹1.46
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	4,000,000	100%	₹29.20

IPO Shares Offered

Kanishk Aluminium India Ltd IPO total issue size: ₹29.20 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	200,000	₹1.46	5.00%
Total	4,000,000	₹29.20	100.00%

* Based on upper price band ₹73 per share

Lot Size & Investment

Lot Size

1,600

Shares per Lot

Issue Price

₹73.00

Upper Band

Min Investment

₹116,800

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	3,200	₹233,600
Retail (Max — 13 Lots)	13	20,800	₹1,518,400
S-HNI (Min — 14 Lots)	14	22,400	₹1,635,200
B-HNI (Min — 68 Lots)	68	108,800	₹7,942,400

* Issue Price ₹73 × Lot Size 1,600 shares

IPO Schedule

Anchor

27 Jan 2026

✓ Done

IPO Open

28 Jan 2026

✓ Done

IPO Close

30 Jan 2026

✓ Done

Allotment

02 Feb 2026

✓ Done

Refunds

03 Feb 2026

✓ Done

Demat Credit

03 Feb 2026

✓ Done

Listing Day

04 Feb 2026

✓ Done

₹73.00

INR · BSE

Fetching…

vs Issue Price

—

OPEN

—

HIGH

—

LOW

—

MKT CAP

—

P/E

—

52W HIGH

—

52W LOW

—

VOLUME

—

DIVIDEND

—

DIV YIELD

—

Loading…

Chart Not Available

Try again 2–3 days after listing.

Issue ₹73.00 Live Price

About Kanishk Aluminium India Ltd

Incorporated in 2022, Kanishk Aluminium India Ltd. is a Jodhpur-based manufacturer specialising in a wide range of aluminium extrusion products. The company operates from a modern 4,000 sq. metre facility in the "Blue City" of Rajasthan.Kanishk Aluminium serves multiple sectors, including electronics, automotive, solar, furniture, transport, electrical, and architecture, through its diverse and customised aluminium profile solutions.Product Portfolio:Aluminium Extrusions: Includes solid and hollow section profiles, solar profiles, heatsinks, railings, sliding/fixed window and door profilesEngineering Products: Channels, sections, flat bars, and tubes 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.Competitive Strengths:Diverse Product Range and CustomizationFlexibility and Market AgilityIn-House Quality Control MechanismResource Optimization and Operational EfficiencyCommitment to Innovation and Growth

Objects of the Issue

Repayment/ pre-payment, in full or part, of certain borrowings availed by the Company

Branding and Promotion of Company brand, ‘Baari by Kanishk

General Corporate Purposes

Kanishk Aluminium India Ltd Financials (Amount in ₹ Crore)

Revenue from Operations

₹59.5

31 Mar 2024

₹60.1

31 Mar 2025

₹29.3

31 Aug 2025

Profit After Tax (PAT)

₹1.5

31 Mar 2024

₹3.0

31 Mar 2025

₹2.2

31 Aug 2025

Particulars	31 Aug 2025	31 Mar 2025	31 Mar 2024
Revenue from Operations	29.25	60.13	59.54
EBITDA	4.08	6.63	4.50
Profit After Tax (PAT)	2.15	3.04	1.52
Net Worth	18.72	16.57	13.53
Total Assets	60.47	50.50	41.09
Reserves & Surplus	9.28	7.13	7.63
Borrowings	25.55	22.74	20.84
EBITDA Margin (%)	33.55	—	—
PAT Margin (%)	17.62	—	—

P/BV Ratio

3.68

RoE

29.21%

RoCE

19.92%

RoNW

29.21%

PAT Margin

17.62

EBITDA Margin

33.55

Debt/Equity

1.37

Issue Structure & Shareholding

Total Shares Offered40,00,000 (100.00%)

Net Offer to Public38,00,000 shares (agg. up to ₹28 Cr)

Reserved for Market Maker2,00,000 shares (agg. up to ₹1 Cr)

Pre-Issue Promoter Holding94,40,000 shares

Post-Issue Promoter Holding1,34,40,000 shares

P/BV Ratio3.68

RoE29.21%

RoCE19.92%

Debt / Equity1.37

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Kfin Technologies Ltd

04067162222, 04079611000

kal.ipo@kfintech.com

https://ipostatus.kfintech.com/

Check Allotment

Book Running Lead Managers

Sun Capital Advisory Services Pvt.Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Kanishk Aluminium India Ltd IPO subscribed? ▲

Kanishk Aluminium India Ltd IPO is subscribed 1.00 times by Jan 30, 2026. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Kanishk Aluminium India Ltd IPO retail subscription status? ▼

The Kanishk Aluminium India Ltd IPO retail category is subscribed 1.00 times as of 30 Jan 2026. The retail portion is oversubscribed.

How to subscribe Kanishk Aluminium India Ltd IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 28 Jan 2026 and closes 30 Jan 2026. Min investment: ₹116,800 (1 lot = 1,600 shares). UPI mandate: 5:00 PM on 30 Jan 2026.

How many times Kanishk Aluminium India Ltd IPO subscribed? ▼

The Kanishk Aluminium India Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Kanishk Aluminium India Ltd IPO allotment? ▼

Check allotment on the registrar website (Kfin Technologies Ltd) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 02 Feb 2026. Refunds: on 03 Feb 2026.

When Kanishk Aluminium India Ltd IPO will be listed? ▼

The Kanishk Aluminium India Ltd IPO listing date is 04 Feb 2026, Wednesday. Listed on: BSE SME. Issue price: ₹73. Estimated listing: ₹73. GMP: NIL.

When Kanishk Aluminium India Ltd IPO close? ▼

The Kanishk Aluminium India Ltd IPO closes on 30 Jan 2026, Friday. UPI mandate: 5:00 PM on 30 Jan 2026. Allotment: 02 Feb 2026. Listing: 04 Feb 2026.

Quick Actions

Check Allotment

Live Price LIVE

Last Price₹73.00

Change—

Issue Price₹73.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹73

Face Value₹10

Lot Size1,600 Sh

Min. Amount₹116,800

GMPNIL

Est. Listing₹73

Subscribed1.00x

Open Date28 Jan 2026

Close Date30 Jan 2026

Allotment02 Feb 2026

Listing Date04 Feb 2026

ExchangeBSE SME

UPI Deadline5:00 PM on 30 Jan 2026