- Home/
- IPO
1.09x
subscribed
Kanishk Aluminium India IPO
Aluminium & Aluminium Products
closed
1.09x
subscribed
₹2.34LMin. investment
Kanishk Aluminium India Limited IPO Details
Issue size
₹29Cr
IPO type
SME
Market Cap
₹98.11CrLower than sector avg
Price range
₹73.00 – ₹73.00
Listing ExchangeBSE
RevenueApr 2024 - Mar 2025
₹59.78CrLower than sector avg
Lot size
1600 shares
Draft Red Herring Prospectus
Read
Growth rate3Y CAGR
0.52%
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 sectorObjectives
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
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