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IPO Synopsis IPO   > IPO Synopsis
As on : Jan 26,2026 01:05 AM
Kanishk Aluminium India Ltd
Registered Office: Plot No.E-849 A Fourth Phase,RIICO Boranda, Jodhpur - 342001, Rajasthan, India.
Phone : +91 92570 61994   Fax:
Email :    
Website :  
Initial public offering of 40,00,000 equity shares of face value of Rs.10/- each ("Equity Shares") of Kanishk Aluminium India Limited ("The Company" or "The Issuer") for cash at a price of Rs. 73/- per equity share (Including a Premium of Rs. 63/- per Equity Share) ("Issue Price") Aggregating to Rs. 29.20 crores comprising of fresh issue of 40,00,000 equity shares ("The Issue") of which 2,00,000 equity shares aggregating to Rs. 1.46 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 38,00,000 equity shares at the issue price aggregating to Rs. 27.74 ("Net Issue"). The issue and the net issue will constitute 29.76% and 28.27 % of the post-issue paid-up equity share capital of the company. Price Band: Rs. 73 per equity share of face value Rs. 10/- each. The floor price is 7.3 times of the face value of the equity shares. Bids can be made for a minimum of 3200 equity shares and in multiples of 1600 equity shares thereafter.
Issue Money Payable On
Opens On Closes On Application Allotment
28-Jan-26 30-Jan-26 (Rs) 73.00 (Rs) 0.00
Minimum Application for shares in Nos : 3200   Further Multiples of : 1600
  Lead Managers to the Issue
Project Cost (Rs.Cr) 24.62 Sun Capital Advisory Services Private Limited
Project Financed through Current Offer (Rs.Cr) 29.20  
Post Issue Equity Share Capital (Rs.Cr) 13.44  
Issue Price (Rs) 73.00  
Projects
Repayment / pre-payment, in full or part, of certain borrowings availed by our Company Branding and Promotion of Company brand, `Baari by Kanishk',
General corporate purposes
Promoted By
Parmanand Agarwal
Ashish Agarwal
Khushboo Agarwal
Listing At
BSE - SME
Registrar to the Issue
No Data Available