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IPO

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kanohar electricals ipo logo

₹ 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


IPO Timeline
08 Sep
Open
10 Sep
Close
11 Sep
Allotment
15 Sep
Refund
15 Sep
Share Credit
16 Sep
Listing
Issue Size₹1056 Cr
IPO TypeMainboard
Market Cap₹5,004Cr
Price Range₹601-₹632
Listing Ex.BSE, NSE
Revenue₹653.8 Cr
Lot Size23 Shares
RHPRead
Growth Rate53.72%

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

ParticularDetails
Incorporated1972
BusinessTransformer Manufacturing & EPC
Key SectorsPower, Railways, Renewable Energy & Distribution
Manufacturing FacilitiesRithani & Gangol, Meerut
Transformer Capacity19,200 MVA
Regional Offices5
Employees526+
Special CertificationRDSO-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.

FY 24
₹276.69 Cr
FY 25
₹450.61 Cr
FY 26
₹653.84 Cr
FY 24
₹31.07 Cr
FY 25
₹93.39 Cr
FY 26
₹180.42 Cr
FY 24
₹17.76 Cr
FY 25
₹65.12 Cr
FY 26
₹129.73 Cr
FY 24
₹322.86 Cr
FY 25
₹432.07 Cr
FY 26
₹613.93 Cr
ApplicationLotsSharesAmount
Retail (Min)123₹14,536
Retail (Max)13299₹1,88,968
S-HNI (Min)14322₹2,03,504
S-HNI (Max)681,564₹9,88,448
B-HNI (Min)691,587₹10,02,984

View IPO Dashboard


Kanohar Electricals IPO FAQs

What is the Kanohar Electricals IPO?

Kanohar Electricals IPO is a mainboard book-built issue comprising a fresh issue of up to ₹300 crore and an offer for sale (OFS) of up to ₹755.74 crore. The total issue size is approximately ₹1,055.74 crore.

When will the Kanohar Electricals IPO open and close?

The IPO opened for subscription on September 8, 2026, and will close on September 10, 2026. The basis of allotment is expected on September 11, while the tentative listing date is September 16, 2026.

What is the price band of Kanohar Electricals IPO?

The price band has been fixed at ₹601 to ₹632 per equity share. The face value of each share is ₹2.

What is the lot size of Kanohar Electricals IPO?

The minimum lot size is 23 shares. At the upper price band of ₹632, one lot requires an investment of ₹14,536.

What is the minimum investment required for Kanohar Electricals IPO?

Retail investors need to apply for at least 23 shares. At ₹632 per share, the minimum investment works out to ₹14,536.

Where will Kanohar Electricals shares be listed?

The equity shares are proposed to be listed on both the BSE and NSE.

What does Kanohar Electricals Limited do?

Kanohar Electricals manufactures transformers and also undertakes Engineering, Procurement and Construction (EPC) activities. Its transformer business serves power transmission, railways, renewable energy and power distribution sectors, while its EPC business covers substations and transmission infrastructure.

What is the transformer manufacturing capacity of Kanohar Electricals?

The company operates two manufacturing facilities in Meerut, Uttar Pradesh, with an aggregate transformer manufacturing capacity of 19,200 MVA as of March 31, 2026.

What is the objective of the Kanohar Electricals IPO?

The fresh issue proceeds are proposed to be used for capital expenditure at the Gangol manufacturing facility, including new machinery and equipment, capacity expansion, automation and backward integration. The company also plans to use funds for sustainability initiatives such as solar power plants and electric vehicles. Around ₹155 crore is proposed for incremental working capital requirements.

Disclaimer: The information provided on this IPO page is for educational and informational purposes only and should not be considered investment advice, a recommendation, or an offer to buy or sell any securities. IPO details such as price, dates, GMP, subscription data, financial figures, and listing information may change and may contain errors or omissions. Investors should independently verify all information from official sources, including the company’s RHP/DRHP and stock exchange filings, and assess their own risk before making any investment decision. EduTaxTuber does not guarantee any profit or listing gains and shall not be responsible for any loss arising from decisions made based on this information.

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Author

singhanup303

Anup Singh is an author and content creator at EduTaxTuber, focused on providing clear, practical and easy-to-understand information on Income Tax, GST, Finance, IPOs, Stock Market, Business News, Money, Excel, AI Tools and other technology-related topics.With an interest in taxation, finance, business and productivity tools, Anup Singh researches and explains complex topics in a simple format so that readers can understand important updates, rules, financial developments and useful digital tools without unnecessary jargon.

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