Kanohar Electricals IPO
IPO GMP
+₹175
+28% expected gain
Price Band
₹632
Lot Size
—
Min Investment
₹-
Listing Date
September 15, 2026 (Tentative)
IPO Details
Strengths & Risks
Strengths
- Leading Transformer Manufacturer: Being in business for over 40 years, the Company is one of the top-ranked domestic transformer manufacturers in Fiscal 2025 in terms of revenues catering to growth sectors like power transmission, railways, renewable energy, and power distribution.
- Ability to Manufacture High-Premium Transformers: The ability to conduct short-circuit testing of transformers up to 500 MVA, 400 kV through reputed laboratories like CPRI and NHPTL indicates the ability to satisfy safety and reliability requirements and win lucrative contracts.
- Integrated Transformer & EPC Operations: The Company runs in both the transformer manufacturing business and EPC business providing one-stop solution. In EPC business, it provides services in substations and transmission lines up to 400 kV.
Risks
- High Reliance on Transformer Manufacturing Business: One of the key sources of income comes from the Transformer Manufacturing Business. Any reduction in demand for transformers will impact the business performance of the Company negatively.
- Reliance on Government Policies and Transmission Utilities: A large part of revenues is generated through the supply of power transformers to transmission utilities, which includes state transmission utilities as well. Demand is dependent on government policies, which means any economic slowdown will impact business adversely.
- Government Tenders Dependency: The revenues are highly dependent on tenders conducted by government-owned firms through competition. There is no guarantee that the Company will have the eligibility to compete, bid and retain pre-qualification criteria for the same.
Financials
Restated summary financials for the most recent periods.
Figures are indicative and restated for presentation.
Kanohar Electricals IPO Review
Analysis based on live GMP, subscription, and issue details.
As of today, Kanohar Electricals IPO is trading at a grey market premium (GMP) of +₹175 (+28% estimated listing gain), indicating positive market sentiment.
Kanohar Electricals IPO is currently upcoming. Investors can apply once the subscription window opens on September 8, 2026 (Tentative).
Key strengths include: Leading Transformer Manufacturer: Being in business for over 40 years, the Company is one of the top-ranked domestic transformer manufacturers in Fiscal 2025 in terms of revenues catering to growth sectors like power transmission, railways, renewable energy, and power distribution.; Ability to Manufacture High-Premium Transformers: The ability to conduct short-circuit testing of transformers up to 500 MVA, 400 kV through reputed laboratories like CPRI and NHPTL indicates the ability to satisfy safety and reliability requirements and win lucrative contracts.. Investors should note the following risks: High Reliance on Transformer Manufacturing Business: One of the key sources of income comes from the Transformer Manufacturing Business. Any reduction in demand for transformers will impact the business performance of the Company negatively.; Reliance on Government Policies and Transmission Utilities: A large part of revenues is generated through the supply of power transformers to transmission utilities, which includes state transmission utilities as well. Demand is dependent on government policies, which means any economic slowdown will impact business adversely..
Disclaimer: IPO GMP is indicative and sourced from the grey market. This is not investment advice. Please consult a SEBI-registered advisor before investing.
Kanohar Electricals IPO — Frequently Asked Questions
What is Kanohar Electricals IPO GMP today?
Kanohar Electricals IPO GMP (grey market premium) today is +₹175, suggesting an estimated listing gain of +28%. GMP is indicative and subject to change.
What is the price band of Kanohar Electricals IPO?
The price band for Kanohar Electricals IPO is ₹632. The minimum investment required is ₹-.
When is Kanohar Electricals IPO allotment date?
Kanohar Electricals IPO allotment is expected to be finalised on September 11, 2026 (Tentative). You can check your allotment status on the registrar's website (MUFG Intime India Pvt. Ltd.) using your PAN number.
When will Kanohar Electricals IPO list on NSE/BSE?
Kanohar Electricals IPO is expected to list on BSE, NSE on September 15, 2026 (Tentative).
How to check Kanohar Electricals IPO allotment status?
To check Kanohar Electricals IPO allotment status, visit the registrar's website (MUFG Intime India Pvt. Ltd.) and enter your PAN number, application number, or DP/Client ID. You can also check on the BSE IPO allotment page at https://www.bseindia.com/investors/appli_check.aspx.
Should I apply for Kanohar Electricals IPO?
Kanohar Electricals IPO is showing a strong GMP of +₹175 (+28%), indicating positive market sentiment for listing gains. However, GMP is informal and not a guarantee of returns. Evaluate the company's fundamentals, price band, and your own risk appetite before applying. IPOLyst is not a SEBI-registered investment advisor — please do your own research.
What is the lot size of Kanohar Electricals IPO?
The lot size for Kanohar Electricals IPO has not been announced yet. Please check back closer to the IPO open date on ipolyst.com.