Kanishk Aluminium India Limited is entering the public markets through SME IPO with an issue size of ₹29.00 crore. The issue consists of a fresh issue of equity shares. The shares are proposed to be listed on BSE & SME.
The IPO subscription window opens on January 28, 2026 and will remain open until January 30, 2026. The company plans to list its shares on February 4, 2026. Being an SME IPO, the issue may appeal to investors familiar with lower liquidity listings.
Kanishk Aluminium India Limited IPO Timeline
IPO Quick Facts
This section covers the main IPO details of Kanishk Aluminium India Limited that investors generally review before applying.
IPO Details at a Glance
| Company Name | Kanishk Aluminium India Limited |
|---|---|
| IPO Segment | SME |
| Sale Type | Fresh Issue |
| Issue Type | Fixed Price IPO |
| Price | ₹73 Per Share |
| Lot Size | 1,600 Shares |
| Face Value | ₹10 Per Share |
| Exchange | BSE & SME |
Investor Category & Share Allocation
| Investor Category | Shares Offered | % of Issue |
|---|---|---|
| Market Maker | 200,000 | 5.00% |
| NII (HNI) | 1,899,200 | 47.48% |
| Retail | 1,900,800 | 47.52% |
| Total Shares Offered | 4,000,000 | 100.00% |
Kanishk Aluminium India Limited IPO Important Dates
The following table highlights the key dates for the Kanishk Aluminium India Limited IPO, covering the subscription period and the expected listing timeline.
| IPO Opening Date | 28 Jan 2026 |
|---|---|
| IPO Closing Date | 30 Jan 2026 |
| Allotment Finalization | 02 Feb 2026 |
| Initiation of Refunds | 03 Feb 2026 |
| Credit of Shares | 03 Feb 2026 |
| IPO Listing Date | 04 Feb 2026 |
Kanishk Aluminium India Limited IPO Size
| Total IPO Size | ₹29.00 Crore |
|---|---|
| Fresh Issue | ₹29.00 Crore |
Kanishk Aluminium India IPO IPO Lot Size & Minimum Investment
The table below shows the lot size and investment amount for the Kanishk Aluminium India IPO, which is a fixed price IPO priced at ₹73 per share.
Investors can apply for the IPO with a minimum of 1600 shares. Applications must be made in multiples of 1600 shares.
- Retail investors can apply from 2 lot to 2 lots.
This information helps investors understand the minimum investment required before applying for the IPO.
Note: Retail investors generally apply at the cut-off price, which is ₹73 per share.
| Category | Lots | Shares | Price | Amount |
|---|---|---|---|---|
| Retail (Min) | 2 | 3,200 | ₹73 | ₹233,600 |
| Retail (Max) | 2 | 3,200 | ₹73 | ₹233,600 |
| HNI (Min) | 3 | 4,800 | ₹73 | ₹350,400 |
IPO Financial Summary
- Total Assets changed by 22.9% in FY 2024-2025.
- Total Revenue changed by 0.99% in FY 2024-2025.
- Profit After Tax changed by 100% in FY 2024-2025.
- Reserves & Surplus changed by -6.55% in FY 2024-2025.
- Total Borrowings changed by 9.12% in FY 2024-2025.
| Metric | 2025-08-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 |
|---|---|---|---|---|
| Total Assets (₹ Cr) | 60.47 | 50.50 | 41.09 | 37.11 |
| Total Revenue (₹ Cr) | 29.25 | 60.13 | 59.54 | 59.68 |
| Profit After Tax (₹ Cr) | 2.15 | 3.04 | 1.52 | 1.76 |
| Reserves & Surplus (₹ Cr) | 9.28 | 7.13 | 7.63 | 1.11 |
| Total Borrowings (₹ Cr) | 25.55 | 22.74 | 20.84 | 26.45 |
Kanishk Aluminium India IPO Promoter Holding
| Promoter(s) | Mr. Parmanand Agarwal, Mrs. Khusboo Agarwal and Mr. Ashish Agarwal are the promoters of the Issuer Company |
|---|---|
| Pre-Issue Holding | 99.99% |
| Post-Issue Holding | 70.24% |
Kanishk Aluminium India Limited IPO FAQs
The Kanishk Aluminium India Limited IPO is a SME Fixed Price IPO with a total issue size of ₹29.00 crore.
The IPO will open for subscription on Wed, 28 Jan 2026 and will close on Fri, 30 Jan 2026.
The shares are being offered at a fixed issue price of ₹73 per equity share.
Investors can apply for the IPO with a minimum lot size of 1,600 shares.
At the upper price band, the minimum investment required for one lot is approximately ₹233,600.
The shares of Kanishk Aluminium India Limited are expected to be listed on BSE & SME on Wed, 04 Feb 2026.
Each equity share in the IPO has a face value of ₹10.
The IPO consists of a Fresh Issue, where shares are being offered by existing shareholders.
How to Apply for Kanishk Aluminium India Limited IPO?
Login to Your Trading App
Open your trading app such as Angel One, Zerodha, Upstox, Groww or any brokerage app.
Go to the IPO Section
Navigate to the IPO section in the app, search for the IPO, and enter your bid details.
Enter Your UPI ID
Provide your UPI ID that is linked to your bank account for payment authentication.
Approve the Mandate
Open your UPI app and approve the payment mandate to block the required amount.
Application Confirmation
Application submitted successfully, the funds will remain blocked until allotment is finalized.
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