Bookbuilding IPO | ₹[.] Cr | Listing at BSE, NSE |
Kanohar Electricals Ltd. has filed a Draft Red Herring Prospectus (DRHP) with SEBI on January 23, 2026 to raise funds through Initial Public Offer (IPO).
Kanohar Electricals Ltd. IPO is a Book Build Issue consisting of fresh issue of ₹300.00 crores and an offer for sale (OFS) of upto 1.46 crore equity shares.
The equity shares are proposed to be listed on NSE and BSE. Nuvama Wealth Management Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Kanohar Electricals IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹2 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Fresh Issue | [.] shares (agg. up to ₹300 Cr) |
| Offer for Sale | 1,45,90,000 shares of ₹2 (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 7,44,40,000 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Fri, Jan 23, 2026 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Offer |
| Retail Shares Offered | Not less than 35% of the Net Offer |
| NII Shares Offered | Not less than 15% of the Net Offer |
Incorporated in 1972, Kanohar Electricals Limited is engaged in the manufacturing of transformers in India. The Company caters to industries such as power transmission, railways, renewable energy and power distribution.
The Company operates through two business segments: (i) transformer manufacturing and (ii) engineering, procurement and construction (EPC). It is one of four manufacturers in India certified by the Research Designs and Standards Organisation (RDSO), the research and development arm of Indian Railways, for manufacturing 100 MVA 132 kV Scott transformers.
Kanohar Electricals Limited operates two manufacturing facilities located at Rithani and Gangol in Meerut, Uttar Pradesh, with an aggregate transformer manufacturing capacity of 19,200 MVA as of September 30, 2025.
The Company has five regional offices located in the National Capital Territory of Delhi, Mumbai (Maharashtra), Kolkata (West Bengal), Bengaluru (Karnataka) and Chennai (Tamil Nadu). As of September 30, 2025, it had a workforce of over 497 employees, serving customers across India.
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 476.26 | 432.07 | 322.86 | 285.22 |
| Total Income | 170.63 | 457.30 | 281.12 | 306.97 |
| Profit After Tax | 30.67 | 65.12 | 17.76 | 16.81 |
| EBITDA | 42.73 | 93.39 | 31.07 | 28.36 |
| NET Worth | 273.88 | 243.13 | 178.12 | 160.51 |
| Reserves and Surplus | 258.95 | 239.00 | 174.09 | 156.36 |
| Total Borrowing | 41.41 | 32.27 | 42.08 | 23.62 |
| Amount in ₹ Crore | ||||
| KPI | Sep 30, 2025 | Mar 31, 2025 |
|---|---|---|
| ROE | 11.86% | 30.92% |
| ROCE | 19.64% | 47.61% |
| Debt/Equity | 0.15 | 0.13 |
| RoNW | 11.20% | 26.78% |
| PAT Margin | 17.98% | 14.24% |
| EBITDA Margin | 25.81% | 20.73% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 8.75 | |
| Promoter Holding | 99.72% |
Lead Manager Reports
Kanohar Electricals IPO is a main-board IPO of 0 equity shares of the face value of ₹2 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Kanohar Electricals IPO open and close dates are not available as of now.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Kanohar Electricals IPO using UPI as a payment gateway. Zerodha customers can apply in Kanohar Electricals IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Kanohar Electricals IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Kanohar Electricals IPO dates are not announced. Please check back again after some time.
Kanohar Electricals IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Kanohar Electricals IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Kanohar Electricals IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Kanohar Electricals IPO allotment status.
The Kanohar Electricals IPO listing date is not yet announced. The tentative date of listing is .
