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KANISHKSME / BSEListed
Kanishk Aluminium India

Incorporated in 2022, Kanishk Aluminium India Ltd. is a Jodhpur-based company engaged in manufacturing aluminium extrusion products from its modern 4,000 sq. metre facility in Rajasthan. The company offers a wide range of customised aluminium profiles used across industries such as electronics, automotive, solar, furniture, transport, electrical, and architecture. Its product range includes solid and hollow aluminium extrusions, solar profiles, heatsinks, window and door profiles, railings, engineering items like channels, flat bars and tubes, as well as kitchen and architectural hardware solutions. As of November 30, 2025, the company had a team of 46 employees managing operations, quality control, administration, and business activities.

₹73 - ₹731.1x sub
Listed Price₹58.40
Listing Gain-20.00%

IPO Schedule & Timeline

Fixed Price IPO
Open28 Jan 2026
Close30 Jan 2026
Allotment02 Feb 2026
Listing04 Feb 2026

Quota Reservation & Application Lots

Quota Reservation (% Shares)

HNI18,99,200 shares
47.48%
Retail19,00,800 shares
47.52%
Market Maker2,00,000 shares
5%

Minimum Application Lots

Retail2 Lots (3,200 shares)
₹2,33,600
sHNI3 Lots (4,800 shares)
₹3,50,400

Company Promoters

Mr. Parmanand AgarwalMrs. Khusboo AgarwalMr. Ashish Agarwal

Company Background

Incorporated in 2022, Kanishk Aluminium India Ltd. is a Jodhpur-based company engaged in manufacturing aluminium extrusion products from its modern 4,000 sq. metre facility in Rajasthan. The company offers a wide range of customised aluminium profiles used across industries such as electronics, automotive, solar, furniture, transport, electrical, and archite...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Aug-25)₹29.25 Cr
Growth-51.0%
Revenue Trend (₹ in Crores)
0.023.046.169.1Mar-23Mar-24Mar-25Aug-25
PeriodRev (Cr)PAT (Cr)AssetsDebt
Aug-2529.252.1560.4725.55
Mar-2560.133.0450.522.74
Mar-2459.541.5241.0920.84
Mar-2359.681.7637.1126.45

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Aug-255.4729.21%19.92%019.03
Mar-253.2220.21%14.61%22.670
Mar-241.9215.59%10.95%00
Mar-232.2534.41%10.78%00

Peer Comparison & Valuation

Financial Performance

Kanishk Aluminium India Limited

NAV/Share (₹)17.56
RONW(%)20.21
EPS (Basic) (₹)3.22

Maan Aluminum Limited

NAV/Share (₹)32.99
RONW(%)9.00
EPS (Basic) (₹)2.87

Banco Products (India) Limited

NAV/Share (₹)91.08
RONW(%)30.01
EPS (Basic) (₹)27.39

Valuation

Kanishk Aluminium India Limited

P/E(X)22.67
CMP* (₹)0
Face value (₹)40.00

Maan Aluminum Limited

P/E(X)55.84
CMP* (₹)0
Face value (₹)5.00

Banco Products (India) Limited

P/E(X)24.79
CMP* (₹)0
Face value (₹)2.00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Kfin Technologies Limited

Allotment Finalized
Allotment Date
02 Feb 2026
Official Status
Out / Finalized
Registrar
Kfin Technologies Limited
Listing Date
04 Feb 2026

Official Allotment Verification Links

Official Registrar Portal
Kfin Technologies Limited

Direct allotment verification on the official registrar portal appointed for Kanishk Aluminium India. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization02 Feb 2026Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date04 Feb 2026Trading commences on exchange

How to Check Kanishk Aluminium India Allotment Online

1Open Portal

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2Select Company

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3Enter Details

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4View Allocation

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Prospectus & Official Filings

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About Kanishk Aluminium India IPO

Complete issue overview for Kanishk Aluminium India (KANISHK) IPO. The issue features an equity share price band of ₹73 per share with a minimum retail lot size of 1600 Shares (minimum application amount of ₹1,16,800). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions