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Open
28 Jan 2026
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Close
30 Jan 2026
3
Allotment
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Listing
Wed, Feb 4, 2026
Price Band
₹73 per share
Issue Size
40,00,000 shares (agg. up to ₹29 Cr)
Lot Size
1,600 Shares
Listing Date
Wed, Feb 4, 2026
Latest GMP
₹0
Est. Gain
0%
✦ AI Insight
GMP Trend
04-02-2026₹0Est. ₹73+0%
03-02-2026₹0Est. ₹73+0%
02-02-2026₹0Est. ₹73+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.04x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Aug 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 60.47 | 50.50 | 41.09 | 37.11 |
| Total Income | 29.25 | 60.13 | 59.54 | 59.68 |
| Profit After Tax | 2.15 | 3.04 | 1.52 | 1.76 |
| EBITDA | 4.08 | 6.63 | 4.50 | 4.06 |
| NET Worth | 18.72 | 16.57 | 13.53 | 6.01 |
| Reserves and Surplus | 9.28 | 7.13 | 7.63 | 1.11 |
| Total Borrowing | 25.55 | 22.74 | 20.84 | 26.45 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Msafe Equipments Ltd. | SME | ₹66.42 Cr | ₹123 | 15.12 | ₹150.30 | +22.20% | ₹192.90 (+0.08%) |
| Jainik Power Cables Ltd. | SME | ₹51.30 Cr | ₹110 | 11.53 | ₹82.85 | -24.68% | ₹155.25 (+5.83%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment/ pre-payment, in full or part, of certain borrowings availed by the Company | 19.50 |
| 2 | Branding and Promotion of Company brand, Baari by Kanishk | 0.80 |
| 3 | General Corporate Purposes | 4.32 |
| 4 | Issue Expenses | 4.58 |
| Total | 29.20 |
About Kanishk Aluminium India IPO
Incorporated in 2022, Kanishk Aluminium India Ltd. is a Jodhpur-based manufacturer specialising in a wide range of aluminium extrusion products. The company operates from a modern 4,000 sq. metre facility in the "Blue City" of Rajasthan. Kanishk Aluminium serves multiple sectors, including electronics, automotive, solar, furniture, transport, electrical, and architecture, through its diverse and customised aluminium profile solutions. Product Portfolio: Aluminium Extrusions: Includes solid and hollow section profiles, solar profiles, heatsinks, railings, sliding/fixed window and door profiles Engineering Products: Channels, sections, flat bars, and tubes with various finishes, tolerances, and tempers. Hardware & Architectural Solutions: Kitchen profiles, railing systems, and other customised architectural applications. As of November 30, 2025, the company employed 46 personnel responsible for operations, quality control, administration, and business functions. Competitive Strengths: Diverse Product Range and Customization Flexibility and Market Agility In-House Quality Control Mechanism Resource Optimization and Operational Efficiency Commitment to Innovation and Growth + Read More
Contact Details
Kanishk Aluminium India Ltd. AddressPlot No.E-849 AFourth Phase RIICOBoranadaJodhpur, Rajasthan, 342001+91 92570 61994cs@kanishkindia.co.inVisit Website