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KANISHK · BSE · Aluminum manufacturing
Kanishk Aluminium India IPO listed on 04 Feb 2026 on BSE at ₹58.40, a loss of 20.00% over the issue price of ₹73.00. The IPO was subscribed 1.04x overall.
Kanishk Aluminium India IPO tentative timeline covering IPO opening, closing, basis of allotment, refunds, demat credit, and listing dates.
| Event | Date |
|---|---|
| IPO Open Date | 28 Jan 2026 |
| IPO Close Date | 30 Jan 2026 |
| Basis of Allotment | 02 Feb 2026 |
| Initiation of Refunds | 03 Feb 2026 |
| Credit of Shares to Demat | 03 Feb 2026 |
| Listing Date | 04 Feb 2026 |
Listing day gain
-20%
Listed at ₹58.4 (issue ₹73)
Issue
₹73
Listing
₹58.4
Current
₹55.48
-24% vs issue
Day range
₹55.48 – ₹58.4
Issue Size
4,000,000 shares
(aggregating up to ₹29.00 Cr)
Issue Price
₹73 – ₹73
Face Value
₹10/share
Market Lot
1,600 shares
Retail Min Investment
₹233,600
Listing At
BSE
Sale Type
fresh issue
Fresh Issue
3,800,000 shares
(aggregating up to ₹28 Cr)
Offer for Sale
[.]
Reserved for Market Maker
200,000 shares
(aggregating up to ₹1.46 Cr)
Issue Type
fixed price
Open Date
28 Jan
Close Date
30 Jan
Allotment
02 Feb
Listing
04 Feb
Last updated: 8 months ago
| Date | IPO Issue Price (₹) | GMP (₹) | Est. Listing Price (₹) | Est. Profit Amount (₹) | Est. Profit % | Last Updated |
|---|---|---|---|---|---|---|
| 04 Feb 2026 Latest | ₹73 | ₹0 | ₹73 | ₹0 |
0%
|
12:10 PM |
| 03 Feb 2026 | ₹73 | ₹0 | ₹73 | ₹0 |
0%
|
3:37 PM |
Showing the 2 most recent GMP entries.
View full GMP historyLatest snapshot: 30 Jan 2026
| Category | Subscribed (x) | No. of Applications |
|---|---|---|
| NII | 0.23x | - |
| Retail Investors | 1.86x | - |
| Total | 1.04x | - |
Showing the latest subscription snapshot.
View full subscription historyMr. Parmanand Agarwal, Mrs. Khusboo Agarwal and Mr. Ashish Agarwal are the promoters of the Issuer Company.
New to lot sizes and investment limits? Read our guide on IPO lot size and minimum investment.
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 3,200 | ₹233,600 |
| Retail (Max) | 2 | 3,200 | ₹233,600 |
| S-HNI (Min) | 3 | 4,800 | ₹350,400 |
| S-HNI (Max) | 8 | 12,800 | ₹934,400 |
| B-HNI (Min) | 9 | 14,400 | ₹1,051,200 |
Want to understand how IPO shares are divided between investor categories? Read our guide on IPO reservation structure.
| Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 200,000 (5.00%) |
| NII (HNI) Shares Offered | 1,899,200 (47.48%) |
| Retail Shares Offered | 1,900,800 (47.52%) |
| Total Shares Offered | 4,000,000 (100.00%) |
Kanishk Aluminium India Limited specializes in manufacturing a comprehensive range of aluminium extrusion products, including solid and hollow section profiles, solar profiles, railings, heatsinks, and sliding/fixed windows and doors. The company serves various industries such as electronics, automotive, solar, furniture, and architecture. In 2024, it launched the premium brand "Baari by Kanishk" for aluminium system doors and windows.
Strengths:
Growth:
Standalone · ₹ in Crores
| Particulars | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|
| Total Revenue | 59.68 | 59.54 | 60.13 |
| Profit After Tax (PAT) | 1.76 | 1.52 | 3.04 |
| EBITDA | 4.06 | 4.5 | 6.63 |
| Total Assets | 37.11 | 41.09 | 50.5 |
| Net Worth | 6.01 | 13.53 | 16.57 |
| Reserves & Surplus | 1.11 | 7.63 | 7.13 |
| Total Borrowing | 26.45 | 20.84 | 22.74 |
Revenue & Profit Trend
The basis of allotment for Kanishk Aluminium India IPO was finalised on 02 Feb 2026. You can check your allotment status using your PAN number or application number on the KFin Technologies Limited portal or BSE.
The Kanishk Aluminium India IPO is expected to open in Jan 2026, subject to SEBI approval. Final dates will be updated once announced officially.
The price band for Kanishk Aluminium India IPO is ₹73.00 - ₹73.00 per share.
As per market sources, Kanishk Aluminium India IPO GMP is currently ₹0.00. GMP is tracked daily in the grey market. GMP indicates unofficial demand but does not guarantee listing gains.
The subscription status for Kanishk Aluminium India IPO stands at 1.04x overall.
The listing date for Kanishk Aluminium India IPO is 04 Feb 2026.
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