Kanishk Aluminium IPO Description –Incorporated in 2018, Kanishk Aluminium specialises in manufacturing a diverse range of aluminium extrusion products, including solid and hollow section profiles, solar profiles, railings, heatsinks, and sliding/fixed window and door profiles. Its products cater to multiple industries such as automotive, electronics, solar, furniture, mechanical, transport, electrical, and architecture. In November 2024, the company launched its premium brand Baari by Kanishk, focusing on aluminium system doors and windows, including sliding, casement, slide-and-fold, lift-and-slide doors, and fixed panels
Kanishk Aluminium has entered into exclusive fabricator agreements across key states like Jammu & Kashmir, Punjab, Haryana, Uttar Pradesh, Delhi, Madhya Pradesh, Kerala, and West Bengal. Its state-of-the-art manufacturing facility is spread over 4,000 sq. meters in Jodhpur.
Operationally, the company has an installed capacity of 4,200 MT, achieving 44.74% utilization (annualised) as of 31 January 2025. Its revenue mix is diversified across verticals, with Architectural (44.38%), Construction (28.88%), Renewable Energy (9.99%), and Windows & Door Solutions (6.98%) contributing significantly in FY 2025 (till January). As of November 30, 2025, its have the total of 46 Employees.
Promoters of Kanishk Aluminium – Mr. Parmanand Agarwal, Mr. Ashish Agarwal and Mrs. Khushboo Agarwal
Table of Contents
Kanishk Aluminium IPO Details
| Kanishk Aluminium IPO Dates | 28 Jan – 30 Jan 2026 |
| Kanishk Aluminium Issue Price | INR 73 per share |
| Fresh Issue | 40,00,000 shares (INR 29.20 crore ) |
| Offer For Sale | Nil |
| Total IPO Size | INR 29.20 crore |
| Minimum Bid | 3,200 shares |
| Lot Size | 1,600 shares |
| Face Value | INR 10 per share |
| Individual Allocation | 50% |
| Listing On | BSE SME |
Kanishk Aluminium Financial Performance
| FY 2023 | FY 2024 | FY 2025 | 5M FY 2026 | |
| Revenue | 59.16 | 59.30 | 41.40 | 29.18 |
| Expenses | 57.83 | 57.74 | 55.93 | 26.34 |
| Net income | 1.76 | 1.52 | 3.04 | 2.14 |
Kanishk Aluminium Offer News
- Kanishk Aluminium RHP
- Kanishk Aluminium Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2025
Kanishk Aluminium Valuations & Margins
| FY 2023 | FY 2024 | FY 2025 | |
| EPS | 2.25 | 1.92 | 3.22 |
| PE ratio | – | – | 22.67 |
| RONW (%) | 34.41 | 15.59 | 20.21 |
| NAV | 12.26 | 22.93 | 17.56 |
| ROCE (%) | 10.78 | 10.95 | 14.61 |
| EBITDA (%) | 6.86 | 7.58 | 11.10 |
| Debt/Equity | 4.40 | 1.54 | 1.37 |
Kanishk Aluminium IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| Coming soon | – | – | – |
Kanishk Aluminium IPO Subscription – Live Updates
Coming soon
The market maker reservation portion of 2,00,000 shares and the anchor investor portion of () shares are not included in the above calculations.
Kanishk Aluminium IPO Allotment Status
Kanishk Aluminium IPO allotment status will be available on the KFin Tech website. Click on this link to get the allotment status.
Kanishk Aluminium IPO Dates & Listing Performance
| IPO Opening Date | 28 January 2026 |
| IPO Closing Date | 30 January 2026 |
| Finalization of Basis of Allotment | 2 February 2026 |
| Initiation of refunds | 3 February 2026 |
| Transfer of shares to demat accounts | 3 February 2026 |
| IPO Listing Date | 4 February 2026 |
| Opening Price on BSE SME | Coming soon |
| Closing Price on BSE SME | Coming soon |
Kanishk Aluminium Offer Lead Manager
SUN CAPITAL ADVISORY SERVICES PRIVATE LIMITED
302, 3rd Floor, Kumar Plaza, Near Kalina Market,
Kalina Kurla Road, Santacruz East, Mumbai-400029
Tel: 022 6178 6000
E-mail: [email protected]
Website: www.suncapitalservices.co.in
Kanishk Aluminium Offer Registrar
KFIN TECHNOLOGIES LIMITED
301, The Centrium, 3rd Floor, Lal Bahadur
Shastri Road, Nav Pada, Kurla (West), Mumbai – 400070
Tel: +91 40 6716 2222
E-mail: [email protected]
Website: www.kfintech.com
Kanishk Aluminium Contact Details
KANISHK ALUMINIUM INDIA LIMITED
Plot No. E-849 A, Fourth Phase RIICO, Boranada – 342001, Jodhpur, Rajasthan
Tel: +91 92570 61994
E-mail: [email protected]
Website: www.kanishkindia.co.in
IPO FAQs
What is the Kanishk Aluminium offer size?
Kanishk Aluminium offer size is INR 29.20 crores.
What is the Kanishk Aluminium offer price band?
Kanishk Aluminium public offer price is INR 73 per share.
What is the lot size of the Kanishk Aluminium IPO?
Kanishk Aluminium offer lot size is 1,600 shares.
What is the Kanishk Aluminium IPO GMP today?
Kanishk Aluminium IPO GMP today is INR NA per share.
What is the Kanishk Aluminium kostak rate today?
Kanishk Aluminium kostak rate today is INR NA per application.
What is the Kanishk Aluminium IPO Subject to Sauda rate today?
Kanishk Aluminium Subject to Sauda rate today is INR NA per application.