Kanishk Aluminium IPO Details
The key details of Kanishk Aluminium India’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹29.20 Cr |
| Price Range | ₹73 |
| Retail Quota | 50% |
| QIB Quota | -- |
| NII Quota | 50% |
| Employee Discount | -- |
| Listing at | BSE |
| Minimum Quantity | 3,200 |
| Investment (cut-off price) | ₹2,33,600 |
| Pre IPO Promotor Holding | 99.99% |
| Post IPO Promotor Holding | 70.24% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Kanishk Aluminium IPO Timelines
The IPO process for Kanishk Aluminium India includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
28/01/2026
Start Date30/01/2026
End Date03/02/2026
Refund Initiation03/02/2026
Credit of Shares to Demat Ac04/02/2026
Listing DateKanishk Aluminium IPO Lot Size
The Kanishk Aluminium IPO has a fixed lot size of 1,600 shares, at a fixed price band of ₹73 per share. For retail investors, the minimum and maximum application is 3,200 shares (2 lots) amounting to ₹2,33,600. For HNI investors, the minimum application is 4,800 shares (3 lots) worth ₹3,50,400.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 3200 | ₹2,33,600 |
| Retail Maximum | 2 | 3200 | ₹2,33,600 |
| HNI Minimum | 3 | 4800 | ₹3,50,400 |
Kanishk Aluminium IPO Subscription Status
The subscription status for Kanishk Aluminium India IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| -- | 0.23x | 1.86x | -- | 1.04x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹ | ₹ | ₹ | ₹ |
Kanishk Aluminium IPO Company Financials
Kanishk Aluminium India reports robust performance in FY2025 with Total Income of ₹60.13 crores, managing expenses at ₹55.93 crores, and achieving a strong PAT (Profit After Tax) of ₹3.04 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2023 | ₹59.68 | ₹57.83 | ₹1.76 |
| FY 2024 | ₹59.54 | ₹57.74 | ₹1.52 |
| FY 2025 | ₹60.13 | ₹55.93 | ₹3.04 |
| FY 2026 (5 M) | ₹29.25 | ₹26.34 | ₹2.15 |
About Company
Kanishk Aluminium India Ltd., incorporated in 2022, operates as a Jodhpur based manufacturer of aluminium extrusion products from a modern 4,000 square metre facility located in Rajasthan’s Blue City. The company caters to a broad range of industries such as electronics, automotive, solar, furniture, transport, electrical, and architectural sectors by offering customised aluminium profile solutions tailored to varied industrial and commercial requirements.
The product portfolio includes aluminium extrusions such as solid and hollow sections, solar profiles, heatsinks, railings, and window and door systems. Engineering products cover channels, sections, flat bars, and tubes available in multiple finishes, tolerances, and tempers, along with hardware and architectural solutions like kitchen profiles and railing systems. As of November 30, 2025, a workforce of 46 personnel managed operations, quality control, administration, and business functions.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2022 | Aluminium | Parmanand Agarwal |
Know Before Investing
Kanishk Aluminium IPO Strengths
- Kanishk Aluminium manufactures custom profiles for electronics, automotive, solar, furniture, transport, electrical, and architectural applications, serving multiple end-markets to reduce sector-specific risks.
- Quick design modifications and prototyping capabilities enable tailored solutions for client specifications, supporting premium pricing and repeat business from OEMs.
- Integrated testing from raw material inspection to finished profile checks ensures dimensional accuracy, surface finish, and alloy compliance meeting industry standards.
- Modern 4,000 sq. m. Jodhpur facility employs efficient billet cutting, scrap recycling, and energy management practices to maximise material yield and cost efficiency.
- Proximity to aluminium suppliers and industrial clusters provides logistics advantages and access to skilled fabrication workforce.
- Balanced exposure across consumer durables, renewable energy, infrastructure, and transport mitigates cyclical downturns in any single industry.
Kanishk Aluminium IPO Risks
- Raw billet costs tied to LME expose margins to global metal price swings without guaranteed customer pass-through.
- Depends on key OEMs and distributors creates vulnerability to order shifts, tender losses, or payment delays.
- High inventory of billets, WIP profiles, and receivables typical in extrusion operations pressures cash conversion.
- Numerous Rajasthan/Gujarat players compete on price in commodity architectural profiles segment.
- Aluminium extrusion energy-intensive process vulnerable to electricity tariff hikes and supply disruptions.
- Anodising, powder coating, and effluent treatment require continuous investment amid tightening pollution norms.
Swot Analysis for Kanishk Aluminium IPO
Strengths
Full Aluminium Extrusion Integration, Diverse Product Portfolio, Modern Jodhpur Facility
Weaknesses
Small Workforce Scale, Commodity Profile Risk, Expansion Execution
Opportunities
Architectural Systems Growth, Infra & Solar Capex, Value-Added Finishing
Threats
Raw Material Volatility, Intense Regional Competition, Construction Cyclicality
Company 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/
IPO Registar Details
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: kal.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/
FAQs
The key objectives of Kanishk Aluminium SME IPO are:
- Fees payable to Lead Manager including underwriting commissions
- Advertising and Promotion expenses
- Fees to the Registrar to the Issue
- Fees Payable to Legal Advisors
- Fees payable to the Regulators including Stock Exchange
- Printing and distribution of Issue stationery
- Commission or processing fee for SCSBs, Sponsor Banks and Banker to the Issue
- Brokerage, commission and selling commission, Registered Brokers, RTAs and DPs
- Expenses and fees payable for marketing and distribution, underwriting, market making etc.
- Expenses and fees payable for Peer Reviewed Auditor
- Other expenses including out of pocket and other certifications
Sun Capital Advisory Services Pvt. Ltd. is the book-running lead managers for the Kanishk Aluminium IPO.
Kanishk Aluminium’s growth potential stems from rising demand for aluminium extrusions across solar, electronics, automotive, and construction sectors. Jamnagar cluster advantages, proximity to suppliers, and customized fabrication capabilities support cost efficiency and scale, enabling volume growth as lightweight and renewable-linked applications expand.
The issue price for the Kanishk Aluminium IPO is set to ₹73 per share.
To invest in two lot of Kanishk Aluminium IPO, you need ₹2,33,600 at the fixed price band (₹73 per share) for a lot size of 3,200 shares.
Kanishk Aluminium IPO shares are scheduled to be listed on the Bombay Stock Exchange (BSE) on February 4, 2025.
Refund/unblocking of funds for Kanishk Aluminium IPO will begin on February 3, 2025. ASBA/UPI blocks will be removed within 1 working day.
You can sell shares your Kanishk Aluminium IPO shares on listing day (February 4, 2025) after they are credited to your demat account. If you want to sell in the pre-open market, the timing for that session is from 9:00 AM to 9:15 AM. Otherwise, you can sell after 10:00 AM during regular trading hours.