Incorporated in 2022, Kanishk Aluminium India Ltd. is a Jodhpur-based manufacturer specialising in aluminium extrusion products. The company operates from a modern 4,000 sq. metre manufacturing facility in Rajasthan.
Kanishk Aluminium India IPO 2026 – Dates, Price, Lot Size, Review & Full Details
Fixed Price IPO | BSE SME
IPO Snapshot
28 January 2026
30 January 2026
2 February 2026
4 February 2026 (Tentative)
₹73 per share
1,600 shares
₹29.20 Crore
Fixed Price IPO
Kanishk Aluminium India IPO Key Details
| Particular | Details |
|---|---|
| IPO Dates | 28 to 30 January 2026 |
| Face Value | ₹10 per share |
| Issue Price | ₹73 per share |
| Total Issue Size | 40,00,000 shares (₹29.20 Cr) |
| Market Cap (Pre-IPO) | ₹98.11 Cr |
| Listing At | BSE SME |
| Issue Type | Fixed Price IPO |
| Sale Type | Fresh Capital |
| Registrar | Kfin Technologies Ltd. |
| Lead Manager | Sun Capital Advisory Services Pvt. Ltd. |
IPO Timeline (Tentative)
| Event | Date |
|---|---|
| IPO Opens | Wednesday, 28 January 2026 |
| IPO Closes | Friday, 30 January 2026 |
| Allotment | Monday, 2 February 2026 |
| Refunds | Tuesday, 3 February 2026 |
| Shares Credited | Tuesday, 3 February 2026 |
| Listing | Wednesday, 4 February 2026 |
IPO Lot Size & Investment Details
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min & Max) | 2 | 3,200 | 2,33,600 |
| HNI (Minimum) | 3 | 4,800 | 3,50,400 |
IPO Reservation Details
| Investor Category | Shares Offered |
|---|---|
| NII (HNI) | 18,99,200 (47.48%) |
| Retail | 19,00,800 (47.52%) |
| Market Maker | 2,00,000 (5.00%) |
| Total | 40,00,000 (100%) |
About Kanishk Aluminium India Ltd.
Incorporated in 2022, Kanishk Aluminium India Ltd. is a Jodhpur-based manufacturer specialising in aluminium extrusion products. The company operates from a modern 4,000 sq. metre manufacturing facility in Rajasthan.
The company caters to multiple sectors including electronics, automotive, solar, furniture, transport, electrical, and architecture with customised aluminium profile solutions.
Product Portfolio
- Aluminium Extrusions – solid and hollow sections, solar profiles, heatsinks
- Engineering Products – channels, flat bars, tubes
- Hardware & Architectural Solutions – kitchen profiles, railing systems
Competitive Strengths
- Diverse product range and customization capabilities
- Flexibility and market agility
- In-house quality control mechanism
- Operational efficiency and resource optimisation
- Commitment to innovation and growth
Financial Performance (₹ Crore)
| Particular | Aug 2025 | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|---|
| Total Income | 29.25 | 60.13 | 59.54 | 59.68 |
| Profit After Tax | 2.15 | 3.04 | 1.52 | 1.76 |
| EBITDA | 4.08 | 6.63 | 4.50 | 4.06 |
| Net Worth | 18.72 | 16.57 | 13.53 | 6.01 |
| Total Assets | 60.47 | 50.50 | 41.09 | 37.11 |
| Total Borrowing | 25.55 | 22.74 | 20.84 | 26.45 |
Objects of the Issue
| Purpose | Amount (₹ Cr) |
|---|---|
| Repayment / prepayment of borrowings | 19.50 |
| Branding & promotion (Baari by Kanishk) | 0.80 |
| General corporate purposes | 4.32 |
Key Performance Indicators
| KPI | Aug 31, 2025 | Mar 31, 2025 |
|---|---|---|
| ROE | 29.21% | 20.21% |
| ROCE | 19.92% | 14.61% |
| Debt / Equity | 1.37 | 1.37 |
| RoNW | 29.21% | 20.21% |
| PAT Margin | 17.62% | 5.09% |
| EBITDA Margin | 33.55% | 11.10% |
| Price to Book Value | 3.68 | 3.18 |
Promoters
Mr. Parmanand Agarwal, Mrs. Khusboo Agarwal and Mr. Ashish Agarwal.
IPO Registrar
Kfin Technologies Ltd.
Phone: 040-6716-2222 / 040-7961-1000
Email: kal.ipo@kfintech.com
IPO Lead Manager
- Sun Capital Advisory Services Pvt. Ltd.
Company Contact Details
Kanishk Aluminium India Ltd.
Plot No. E-849 A, Fourth Phase RIICO,
Boranada, Jodhpur, Rajasthan – 342001
Phone: +91 92570 61994
Email: cs@kanishkindia.co.in
Frequently Asked Questions (FAQ)
What is the Kanishk Aluminium India IPO date?
The IPO opens on 28 January 2026 and closes on 30 January 2026.
What is the issue price of Kanishk Aluminium India IPO?
The issue price is fixed at ₹73 per share.
What is the lot size of Kanishk Aluminium India IPO?
The minimum application size is 3,200 shares.
Where will Kanishk Aluminium India IPO list?
The IPO will list on BSE SME.