• Kanohar Electricals Ltd Ipo
5928
Off
KANOHAR white text logo inside a red rectangular box with rounded corners and a thin white outline border

Kanohar Electricals IPO

  • Status: Closed
  • RHP:
  • BSE NSE
  • ₹ 13,823 / 23 shares

    Minimum Investment

IPO Listing Details

  • Listing Date

    16 Sep 2026

  • Listing Price

    ₹672.05

  • Listing Change

    6.34%

  • Last Traded Price

    ₹862.55

Kanohar Electricals IPO Details

  • Open Date

    08 Sep 2026

  • Close Date

    10 Sep 2026

  • IPO Price Range

    ₹ 601 to ₹632

  • IPO Size

    ₹ 1,055.74 Cr

Open Free Demat Account

+91
Resend OTP

By proceeding, you agree to all T&C*

hero_form
Timeline Financials SWOT FAQ Contacts

Kanohar Electricals IPO Timeline

Kanohar Electricals IPO Subscription Status

Last Updated: 10 September 2026 6:17 PM by 5paisa

Kanohar Electricals Limited is an Indian manufacturer of transformers, serving the power transmission, power distribution, railways and renewable energy sectors. The Company operates across transformer manufacturing and engineering, procurement and construction (EPC) segments. It is one of four Indian manufacturers certified by RDSO to manufacture 100 MVA 132 kV Scott transformers. Its two manufacturing facilities in Meerut, Uttar Pradesh, had an aggregate transformer manufacturing capacity of 19,200 MVA as at March 31, 2026. 

Established in: 1972 

Managing Director: Dinesh Singha 

Peers: 

Metric Kanohar Electricals Limited Hitachi Energy India Limited Bharat Heavy Electricals Limited
Revenue from Operations 6538.39 81477.10 337821.80
Face Value 2 2 2
Closing Price as on July 23, 2026 (₹) - 35,360 420
P/E - 159.55 91.30
P/B - 30.44 5.60
EPS (Basic) 17.43 221.63 4.60
EPS (Diluted) 17.43 221.63 4.60
RoNW (%) 34.80 19.08 6.13
EV / Operating EBITDA - 106.34 47.58
NAV 50.09 1,161.56 74.99

Kanohar Electricals Objectives

1. Funding the incremental working capital requirements of Company     

2. General Corporate Purposes

Kanohar Electricals IPO Size 

Types Size
Total IPO Size ₹1,055.74 Cr 
Offer For Sale ₹755.74 Cr 
Fresh Issue ₹300 Cr 

Kanohar Electricals IPO Lot Size  

Application Lots Shares Amount (₹)
Retail (Min)   1 23  13,823 
Retail (Max)   13 299  1,88,968 
S-HNI (Min)  14 322  1,93,522 
S-HNI (Max)  68 1,564  9,88,448 
B-HNI (Min)  69 1,587  9,53,787 

Kanohar Electricals IPO Reservation

Investors Category Subscription (times) Shares Offered* Shares bid for Total Amount (Cr.)*
QIB (Ex Anchor) 215.37 33,40,950 71,95,39,590 45,474.90
NII 87.74 25,05,713 21,98,49,456 13,894.49
bNII (> ₹10L) 94.04 16,70,475 15,70,86,665 9,927.88
sNII (< ₹10L) 75.14 8,35,238 6,27,62,791 3,966.61
Retail 20.51 58,46,663 11,98,99,391 7,577.64
Total** 90.59 1,16,93,326 1,05,92,88,437 66,947.03

*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.

Profit and Loss

Balance Sheet

Particulars (In ₹ Crores) FY24 FY25 FY26
Revenue 276.69  450.61  653.84 
EBITDA 31.07  93.39  180.42 
PAT 17.76  65.12  129.73 
Particulars (In ₹ Crores) FY24 FY25 FY26
Total Assets 322.86  432.07  612.93 
Share Capital 4.02  4.02  14.89 
Total Liabilities 144.74  188.93  241.09 
Particulars (In ₹Crores.) FY24 FY25 FY26
Net Cash Generated From / (used in) Operating Activities -16.32  79.38  25.84 
Net Cash Generated From / (used in) Investing Activities -12.99  -61.50  -21.95 
Net Cash Generated From / (used in) Financing Activities 12.14  -17.69  -4.15 
Net Increase (Decrease) in Cash and Cash Equivalents -17.17  0.20  -0.25 


Strengths

1. RDSO certification strengthens presence in railway transformers 

2. Strong transformer manufacturing capacity across two facilities 

3. Serves diversified power, railway and renewable sectors 

4. Integrated transformer manufacturing and EPC business capabilities 

Weaknesses

1. Manufacturing facilities concentrated within a single region 

2. Operations dependent significantly on infrastructure sector demand 

3. Capital-intensive manufacturing requires substantial ongoing investments 

4. Limited diversification beyond transformers and EPC operations

Opportunities

1. Growing renewable energy capacity supports transformer demand 

2. Railway electrification could create additional business opportunities 

3. Power transmission expansion may drive transformer requirements 

4. Grid modernisation offers scope for sustained growth 

Threats

1. Intense competition from established domestic transformer manufacturers 

2. Raw material price volatility may pressure margins 

3. Project delays could affect EPC revenue recognition 

4. Regulatory changes may increase operational compliance requirements 

1. Strong presence across diverse power infrastructure segments  

2. RDSO certification supports specialised railway transformer capabilities  

3. Manufacturing capacity of 19,200 MVA supports scalability  

4. EPC capabilities complement core transformer manufacturing operations 

Kanohar Electricals operates within India’s transformer and power infrastructure market, supported by requirements across transmission, distribution, railways and renewable energy. Its presence in transformer manufacturing and EPC provides exposure to multiple infrastructure segments. With an aggregate manufacturing capacity of 19,200 MVA and RDSO certification for specialised Scott transformers, the Company is positioned to participate in opportunities arising from power network expansion, railway development and increasing renewable energy integration across India. 

Upcoming IPOs

View all IPOs
  • Companies
  • Type
  • Opening On
Upcoming IPO Current IPO Recently Listed IPO Subscription

Open Free Demat Account

Be a part of 5paisa community - The first listed discount broker of India.

  • Flat brokerage
  • Dedicated platform for F&O
  • 0 account opening charges
  • Trade on charts
  • MTF facility up to 4X leverage
  • 0 Transaction cost on MFs
+91
Resend OTP

By proceeding, you agree to all T&C*

footer_form

FAQs

Kanohar Electricals IPO opens from September 8 , 2026 to September 10, 2026. 

The size of Kanohar Electricals IPO is approximately ₹ 1,055.74 crore. 

The price band of Kanohar Electricals IPO is fixed at ₹601 to ₹632 per share. 

To apply for Kanohar Electricals IPO, follow the steps given below: 

●    Login to your 5paisa demat account and select the issue in the current IPO section     

●    Enter the number of lots and the price at which you wish to apply for the Kanohar Electricals IPO.     

●    Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange. 

You will receive a mandate notification to block funds in your UPI app.

The minimum lot size is 23 shares, requiring an investment of approximately ₹‬ 13,823. 

The share allotment date of Kanohar Electricals IPO is September 11, 2026. 

The Kanohar Electricals IPO will likely be listed on September 16, 2026. 

Nuvama Wealth Management Ltd is the book-running lead manager. 

1. Funding the capital expenditure requirements of Company 

2. Funding the incremental working capital requirements of Company     

3. General Corporate Purposes