1. IPO
Kanishk Aluminium India IPO

1.09x

subscribed

Kanishk Aluminium India IPO

Aluminium & Aluminium Products
closed
₹2.34LMin. investment
  1. Pre-apply
    27 Jan
  2. Bid start
    28 Jan
  3. Bid end
    30 Jan
  4. Allotment
    2 Feb
  5. Release of funds
    3 Feb
  6. Demat transfer
    3 Feb
  7. Listing
    4 Feb

Kanishk Aluminium India Limited IPO Details

SectorAluminium & Aluminium Products
Price range₹73.00 – ₹73.00
IPO type
SME
Lot size1600 shares
Issue size₹29Cr
Draft Red Herring Prospectus
Read
Market Cap
₹98.11CrLower than sector avg
RevenueApr 2024 - Mar 2025
₹59.78CrLower than sector avg
Growth rate3Y CAGR
0.52%

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Compare

Companies in this sector
National Aluminium Co LtdNational Aluminium Co Ltd
Arfin India LtdArfin India Ltd
Maan Aluminium LtdMaan Aluminium Ltd
Revenue
Higher revenue means strong sales and good market demand
This IPO
₹59.78Cr
This sector
₹803.21Cr
Compare with companies
PAT
Higher PAT means strong profitability and efficient cost management
This IPO
₹3.04Cr
This sector
₹209.33Cr
Compare with companies
Market cap
Higher market cap means strong confidence but may suggest overvaluation
This IPO
₹98.11Cr
This sector
₹2,177.12Cr
Compare with companies
P/E ratio
Lower ratio usually means stock is undervalued
This IPO
22.67
This sector
28.65
Compare with companies
D/E ratio
Lower ratio usually means fewer liabilities
This IPO
1.37
This sector
17.58
Compare with companies

Objectives

Repayment of borrowing
67.20%
Issue expenses
15.10%
General corporate purposes
14.90%
Marketing expenses
2.70%

About Kanishk Aluminium India Limited

Incorporated in 2022, Kanishk Aluminium India specialises in manufacturing a range of aluminium extrusion products, including solid/hollow sections, solar sections, railings, heat sinks, and sliding & fixed window & door profiles. These products have applications across different industries such as electronics, automobiles, mechanised engineering, solar energy, furniture, transportation, electrical devices, and building construction.
The company has an installed capacity of 4,200 MT per year through its manufacturing unit, having an operational area of 4,000 sq meters, which is located in Jodhpur, Rajasthan. In November 2024, the company launched a brand of its own, “Baari by Kanishk”, which deals in aluminium system doors and windows. Kanishk's diversified product range has 9 segments, out of which the architectural segment contributed 30.73%, followed by construction at 30.50%, renewable energy at 17.86%, and windows & door solutions at 14.86% as of August 2025, whereas the remaining segments include electronics, automobiles, hardware, automation, and medical equipment.
The domestic market accounts for a major part of the company’s revenue at 94.60% of its sales as of August 31, 2025. Rajasthan has been leading its market share, followed by Uttar Pradesh. Exports have been at a smaller level but do encompass their UK market, along with an upcoming presence in the Canadian, USA, and Dubai markets. They have been utilised at their plant in an optimal manner, having improved their capacity utilisation from 56.88% in FY23 to 60.14% in FY25, and further to 63.77% for the period ended August 31, 2025.

Kanishk Aluminium India IPO Subscription Status

Date
QIB
NII
Retail
Total
28-Jan-26
0.0 times (X)
0.01 times (X)
0.22 times (X)
0.17 times (X)
29-Jan-26
0.0X
0.03X
0.97X
0.56X
30-Jan-26
0.0X
0.22X
1.85X
1.09X

Frequently asked questions

How to invest in the Kanishk Aluminium India IPO ?

Investors can apply for the Kanishk Aluminium India IPO through their Demat account via the stock exchange or through their broker.

What is the issue size of Kanishk Aluminium India IPO ?

The issue size of the Kanishk Aluminium India IPO is 29 Cr.

What is 'pre-apply' for Kanishk Aluminium India IPO ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will Kanishk Aluminium India IPO shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
Application closed