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Kanohar Electricals IPO
₹751.50
+18.91% on listing
Listing-day close · NSE · 16 Sep 2026 · issue price ₹632
Kanohar Electricals’ ₹1,056 crore IPO was priced at ₹632 a share. It listed on the NSE on 16 Sep 2026 and closed its first day at ₹751.50, up 18.91% on the issue price.
Timeline
- Opens
- Closes
- Allotment
- Refunds
- Shares in demat
- Listing
Issue details
- Issue size
- ₹1,056 Cr
- Fresh issue
- ₹300 Cr
- Offer for sale
- ₹756 Cr
- Lot size
- 23 shares
- Minimum investment
- ₹14,536
- Face value
- ₹2
- Registrar
- MUFG Intime India
Subscription
| Category | Shares offered | Times subscribed |
|---|---|---|
| Qualified institutions (QIB) | 33.41 L | 215.37× |
| Non-institutional (NII) | 25.06 L | 87.74× |
| Retail | 58.47 L | 20.51× |
| Total | 1.17 Cr | 90.59× |
At the close of the issue, excluding anchor investors.
Financials and valuation
- Market cap (post-issue)
- ₹5,005 Cr
- P/E (post-issue)
- 38.6
- EPS (post-issue)
- ₹16.38
- Price to book
- 12.6
- ROE
- 42.12%
- ROCE
- 70.13%
- Debt to equity
- 0.10
- EBITDA margin
- 27.59%
- PAT margin
- 19.57%
- Promoter holding
- 95.47% → 74.65%
Financials as of 31 Mar 2026, from the offer documents.
Listing
- Listing date
- 16 Sep 2026
- Issue price
- ₹632
- Open
- ₹685.50
- High
- ₹787.00
- Low
- ₹685.10
- Close
- ₹751.50
Listing day on the NSE. The close was +18.91% on the issue price.
FAQs
When did the Kanohar Electricals IPO open and close?
It opened on 8 Sep 2026 and closed on 10 Sep 2026.
What was the Kanohar Electricals IPO price?
The price band was ₹601–632 a share. The final issue price was ₹632.
What is the lot size and minimum investment?
One lot is 23 shares, ₹14,536 at ₹632 a share. Retail investors apply in whole lots.
How much did Kanohar Electricals raise?
₹1,056 crore: ₹300 crore of new shares and ₹756 crore offered by existing shareholders.
How many times was the Kanohar Electricals IPO subscribed?
90.59 times overall: qualified institutions 215.37 times, non-institutional 87.74 times, retail 20.51 times.
How did Kanohar Electricals list?
It listed on the NSE on 16 Sep 2026 at ₹685.50 and closed the day at ₹751.50, up 18.91% on the ₹632 issue price.
Who is the registrar of the Kanohar Electricals IPO?
MUFG Intime India handles the allotment, refunds and credit of shares.
For information only. Not investment advice or a research report.
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