1.09xsubscribed
Kanishk Aluminium India IPO
1.09xsubscribed
Aluminium & Aluminium Products
listed
1.09xsubscribed
₹2.34LMin. investment
Kanishk Aluminium India Limited IPO Details
Sector
Aluminium & Aluminium Products
Issue size
₹29Cr
IPO type
SME
Market cap
₹98.11CrLower than sector avg
Price range
₹73.00 – ₹73.00
Listing exchange
BSE
RevenueApr 2024 - Mar 2025
₹59.78CrLower than sector avg
Listing date
4 Feb 2026
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%
Kanishk Aluminium India IPO Subscription Status
As on 28-Jan-26, 5:30 PM
Kanishk Aluminium India IPO Timeline
- Pre-apply27 Jan 2026
- Bid start28 Jan 2026
- Bid end30 Jan 2026
- Allotment2 Feb 2026
- Release of funds3 Feb 2026
- Demat transfer3 Feb 2026
- Listing4 Feb 2026
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.
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Objectives of Kanishk Aluminium India Limited IPO
Repayment of borrowing
67.20%
Issue expenses
15.10%
General corporate purposes
14.90%
Marketing expenses
2.70%
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Kanishk Aluminium India IPO Contact Details
Company NameKanishk Aluminium India Limited
How to apply for Kanishk Aluminium India IPO?
- Step 1
Log in to your Upstox account to access IPO investments. Next, select the current IPO section.
- Step 2
Specify IPO details. Enter the number of lots and the price you wish to apply for.
- Step 3
Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.
- Step 4
Mandate Notification. Your UPI app will receive a mandate notification to block funds.
- Step 5
Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.