Kanohar Electricals IPO Details, Financials, Valuation & Peers
Explore Kanohar Electricals IPO details, including IPO dates, financial statements, valuation, peer comparison and more.
Overview
Overview of Kanohar Electricals
Established in 1972, Kanohar Electricals has over five decades of experience in the transformer and power infrastructure industry. The company operates through two primary business segments: Transformer Manufacturing and EPC Services. Based in Meerut, Uttar Pradesh, the firm serves a diverse customer base across India, supported by a workforce of over 497 employees and a network of five regional offices.
Key Highlights:
- Manufacturing Capacity: Operates two facilities in Meerut with an aggregate transformer manufacturing capacity of 19,200 MVA as of September 30, 2025.
- Industry Expertise: Specializes in power and distribution transformers for sectors including power transmission, power distribution, railways, renewable energy, and industrial infrastructure.
- Specialized Certification: Recognized as one of the select Indian manufacturers certified by the RDSO to produce 100 MVA, 132 kV Scott Transformers for Indian Railways.
- National Reach: Maintains a pan-India presence with regional offices located in Delhi, Mumbai, Kolkata, Bengaluru, and Chennai.
Objects of the Issue
- Funding the capital expenditure requirements of Company
- Funding the incremental working capital requirements of Company
- General Corporate Purposes
- Total
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 08 Sep - 10 Sep 2026 |
| IPO Price Band | ₹601 - ₹632 per share |
| Fresh Issue | ₹300.00 crore |
| Offer For Sale | ₹755.74 crore |
| Total IPO Size | ₹1,055.74 crore |
| Face Value | ₹2 |
| Listing On | BSE, NSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 08 Sep 2026 |
| IPO Closing Date | 10 Sep 2026 |
| Basis Of Allotment | 11 Sep 2026 |
| Refunds | 15 Sep 2026 |
| Demat Transfer | 15 Sep 2026 |
| IPO Listing Date | 16 Sep 2026 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31 Mar 2024 | 31 Mar 2025 | 31 Mar 2026 |
|---|---|---|---|
| Assets | 322.86 | 432.07 | 613.93 |
| Total Income | 281.12 | 457.30 | 662.86 |
| Profit After Tax | 17.76 | 65.12 | 129.73 |
| EBITDA | 31.07 | 93.39 | 180.42 |
| NET Worth | 178.12 | 243.13 | 372.84 |
| Reserves and Surplus | 174.11 | 239.12 | 357.95 |
| Total Borrowing | 42.08 | 32.27 | 39.04 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|
| Kanohar Electricals | 36.26 | 17.43 | 34.8% | 50.09 |
| GE Vernova T&D India | 89.37 | 48.16 | 45.85% | 42.87 |
| Transformers & Rectifiers (India) | 32.19 | 9.07 | 17.64% | 51.39 |
| CG Power and Industrial Solutions | 114.77 | 7.71 | 15.82% | 48.11 |
| Schneider Electric Infrastructure | 155.12 | 8.89 | 28.98% | 30.67 |
| Bharat Heavy Electricals | 91.3 | 4.6 | 6.13% | 74.99 |
| Hitachi Energy India | 159.55 | 221.63 | 19.08% | 1161.56 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
IPO Reservation
| Investor Type | Shares Offered |
|---|---|
| Retail Individual Investor (RII) | Not less than 35% of the Net Offer |
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 0.03 |
| Non-Institutional Investor (NII/HNI) | 4.88 |
| Retail Individual Investor (RII) | 3.32 |
| Total | 2.71 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
MUFG Intime India Private Limited (Formerly known as Link Intime India Private Limited)
Phone: + 91 810 811 4949
Email: ipo.helpdesk@linkintime.co.in
Website: https://linkintime.co.in/
Lead Managers
- 1IIFL Capital Services Ltd.
- 2Nuvama Wealth Management Ltd.
Company Address
Kanohar Electricals Ltd.Rithani,
Delhi Road
Meerut, Uttar Pradesh – 250103
Website: https://www.kanohar.com/
Phone: 121-3500801-05
Email: compliance@kanohar.com
FAQs
- What is the issue size of the Kanohar Electricals IPO?The Kanohar Electricals IPO has an issue size of ₹1,055.74 crore. This includes a fresh issue of ₹300.00 crore and an offer for sale (OFS) of ₹755.74 crore.
- What is the price band of the Kanohar Electricals IPO?The price band for the Kanohar Electricals IPO is ₹601 - ₹632 per share.
- What are the bidding dates for the Kanohar Electricals IPO?The Kanohar Electricals IPO will open for bidding on 08 Sep 2026 and close on 10 Sep 2026.
- What is the allotment date for the Kanohar Electricals IPO?The allotment date for the Kanohar Electricals IPO is 11 Sep 2026.
- What is the minimum lot size and investment required for the Kanohar Electricals IPO?The minimum lot size for the Kanohar Electricals IPO is 6010063200 shares and the minimum investment required is ₹37,98,35,99,42,400.
- What is the listing date for the Kanohar Electricals IPO?The listing date for the Kanohar Electricals IPO is 16 Sep 2026.
- What is the Kanohar Electricals IPO grey market premium?The grey market premium (GMP) for the Kanohar Electricals IPO is currently at ₹218, with an expected listing gain of approximately 34.49%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.