
Kanohar Electricals IPO Details

₹ 14,536
Min. Investment
Lot Size 23
Kanohar Electricals Ltd IPO
Electric Equipment
Bookbuilding IPO | ₹1,056 Cr | Listing at BSE, NSE | Tue, Sep 8, 2026 – Thu, Sep 10, 2026
| Issue Size | ₹1056 Cr |
| IPO Type | Mainboard |
| Market Cap | ₹5,004Cr |
| Price Range | ₹601-₹632 |
| Listing Ex. | BSE, NSE |
| Revenue | ₹653.8 Cr |
| Lot Size | 23 Shares |
| RHP | Read |
| Growth Rate | 53.72% |
About Kanohar Electricals Limited
Kanohar Electricals Limited, incorporated in 1972, is an Indian manufacturer of transformers and electrical equipment, serving sectors such as power transmission, power distribution, railways and renewable energy.
The company operates through two main business segments: transformer manufacturing and Engineering, Procurement and Construction (EPC). Its transformer business caters to the growing requirements of India's power and infrastructure sectors, while its EPC segment provides project-related engineering and execution services.
Kanohar Electricals has a presence in the Indian railway sector and is one of only four manufacturers in India certified by the Research Designs and Standards Organisation (RDSO), the research and development organisation of Indian Railways, for manufacturing 100 MVA, 132 kV Scott transformers.
The company operates two manufacturing facilities at Rithani and Gangol in Meerut, Uttar Pradesh. As of March 31, 2026, these facilities had an aggregate transformer manufacturing capacity of 19,200 MVA.
To serve customers across different parts of India, Kanohar Electricals has five regional offices located in Delhi, Mumbai, Kolkata, Bengaluru and Chennai. The company had a workforce of more than 526 employees as of the available company information.
Kanohar Electricals at a Glance
| Particular | Details |
|---|---|
| Incorporated | 1972 |
| Business | Transformer Manufacturing & EPC |
| Key Sectors | Power, Railways, Renewable Energy & Distribution |
| Manufacturing Facilities | Rithani & Gangol, Meerut |
| Transformer Capacity | 19,200 MVA |
| Regional Offices | 5 |
| Employees | 526+ |
| Special Certification | RDSO-certified for 100 MVA, 132 kV Scott Transformers |
Key Business Highlights
Kanohar Electricals' established presence in the transformer industry, manufacturing capacity and exposure to sectors such as power infrastructure, railways and renewable energy are important aspects of its business. Its RDSO certification for specialised Scott transformers also gives the company a presence in a specialised segment of the railway equipment market.
Overall, Kanohar Electricals combines transformer manufacturing with EPC capabilities, with manufacturing operations based in Meerut and a regional office network covering major markets across India.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 23 | ₹14,536 |
| Retail (Max) | 13 | 299 | ₹1,88,968 |
| S-HNI (Min) | 14 | 322 | ₹2,03,504 |
| S-HNI (Max) | 68 | 1,564 | ₹9,88,448 |
| B-HNI (Min) | 69 | 1,587 | ₹10,02,984 |
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