Kanishk Aluminium India SME IPO 2026 – Subscription, GMP, Financials & Key Highlights
Latest Grey Market Premium & IPO Details
Kanishk Aluminium India IPO 2026 – Key Info & Highlights
Kanishk Aluminium India IPO 2026 ₹73 fixed price, opens 28 Jan – live GMP, subscription, quota, DRHP highlights & financials at a glance!
📌 IPO Details
| Company Name | Kanishk Aluminium India IPO |
|---|---|
| Sector / Industry | Aluminium |
| IPO Open Date | 28-01-2026 |
| IPO Close Date | 30-01-2026 |
| Allotment Date | 02-02-2026 |
| Refund Date | 03-02-2026 |
| Share Credit Date | 03-02-2026 |
| Listing Date | 04-02-2026 |
| Price Band | ₹73 |
| Lot Size | 1600 Shares |
| Min Investment | ₹₹2,33,600 ( 2 lots Price ) |
| Total Issue Size | ₹29.20 Cr |
| Reserved for Market Maker | ₹1.46 Cr |
| Net Issue Size | ₹27.74 Cr |
| Fresh Issue | ₹27.74 Cr |
| IPO Listing At | BSE SME |
| DRHP | View DRHP |
| Issue Type | Fixed Price Issue |
| Face Value | ₹10 Per Equity Share |
| Promoter Holding Pre IPO | 99.99 % |
| Promoter Holding Post IPO | 70.24% |
| Min Small HNI Lots | 4,800 shares (3 lots, ₹350,400 ) |
* All Dates are provisional
Quota Allocation
| Category | Allocation (%) |
|---|---|
| Retail Investors | 47.52% |
| QIB (Qualified Institutional Buyers) | - |
| HNI (High Net Worth Individuals) | 47.48% |
| Reserved for Market Maker | 5% |
📈 Grey Market Premium (GMP) Day-wise Trend
| GMP Date | GMP Price | Trend | Estimated Listing Price | Estimated Profit* | Last Updated |
|---|---|---|---|---|---|
| 04-02-2026 | ₹0.00 | - | ₹0.00 | ₹0.00 | 04-02-2026 10:00 |
| 03-02-2026 | ₹0.00 | - | ₹0.00 | ₹0.00 | 03-02-2026 23:20 |
| 02-02-2026 | ₹0.00 | - | ₹0.00 | ₹0.00 | 02-02-2026 23:00 |
📝 About Kanishk Aluminium India
Kanishk Aluminium India Ltd., based in Jodhpur, is a leading manufacturer of high-quality aluminium extrusion products in India. Operating from a state-of-the-art 4,000 sq. metre facility in Rajasthan, the company specializes in customized and reliable aluminium solutions for a diverse range of industrial, commercial, and architectural applications.
The company serves multiple sectors including electronics, automotive, solar energy, furniture, transportation, electrical systems, and architectural projects. Its strong technical capabilities enable Kanishk Aluminium to design and manufacture aluminium profiles that meet specific structural, industrial, and aesthetic requirements.
Its product range covers solid and hollow aluminium extrusions, solar and structural profiles, heatsinks, railings, and both sliding and fixed door/window systems. Additionally, the company manufactures engineered components such as channels, sections, flat bars, and tubes, and provides hardware and customized architectural solutions including kitchen fittings and railing systems.
Supported by a skilled team of 46 professionals as of November 2025, Kanishk Aluminium ensures consistent product quality, timely deliveries, and dependable customer service, reinforcing its position as a trusted player in India’s aluminium manufacturing sector.
Kanishk Aluminium India Revised Financials
Profit / Loss & Total Assets (Last 3 Years)
| Financial Year | Revenue (₹ Cr) | Profit / Loss (₹ Cr) | Total Assets (₹ Cr) |
|---|---|---|---|
| FY 2023 | 59.68 | +1.76 | 37.11 |
| FY 2024 | 59.54 | +1.52 | 41.09 |
| FY 2025 | 60.13 | +3.04 | 50.50 |
Note: Financial figures are restated and sourced from the company’s IPO documents. Revenue, profit after tax (PAT) and total assets are reported in ₹ Crores. Positive figures indicate profit.
Kanishk Aluminium India Ltd. – Objects of Issue
- Repayment or Prepayment of Borrowings – ₹19.50 Cr. will be used to reduce existing debt obligations, strengthening the company’s financial structure and lowering interest costs.
- Branding & Promotion of “Baari by Kanishk” – ₹0.80 Cr. will be allocated to enhance brand visibility and marketing of the company’s proprietary architectural aluminium systems, boosting recognition and demand in key markets.
- General Corporate Purposes – The remaining IPO funds will support broader strategic priorities such as business development, administrative expenses, and growth initiatives.
Kanishk Aluminium India Ltd. – Key Strengths
- Versatile Product Portfolio & Tailored Solutions – Offers a wide range of aluminium products with customization options to meet diverse client requirements.
- Agile Market Response – Quick adaptability to changing market trends and client demands, ensuring competitive advantage.
- Robust In-House Quality Control – Stringent quality checks and internal processes maintain product consistency and high standards.
- Efficient Resource & Operations Management – Optimized production and operational efficiency lead to cost-effective and timely deliveries.
- Focus on Innovation & Growth – Commitment to continuous improvement, technological upgrades, and expansion strategies to drive long-term growth.
Kanishk Aluminium India Ltd. – Key Risks
- Market Risk – Fluctuations in demand for aluminium products or changes in raw material prices could impact revenues and profitability.
- Regulatory & Compliance Risk – Amendments in government policies, environmental regulations, or industrial standards may affect operations and compliance costs.
- Financial Risk – Dependence on borrowings and capital-intensive operations may pose liquidity challenges and affect interest obligations.
- Operational & Supply Chain Risk – Disruptions in production, logistics, or raw material sourcing could delay deliveries and impact quality.
- Competition Risk – High competition from other aluminium manufacturers and substitutes may limit market share and pressure margins.
Kanishk Aluminium India Ltd.
Manufacturer of Aluminium Extruded Profiles & Architectural Solutions
| Founded in: | 2022 |
|---|---|
| MD/CEO: | Mr. Ashish Agarwal (Whole‑time Director) |
| Address: | Plot No. E‑849 (A&B), Phase‑IV, RIICO Industrial Area Boranada, Jodhpur, Rajasthan 342012, India |
| Website: | https://kanishkindia.co.in/ |
| Phone: | +91 92570 61994 |
| Email: | cs@kanishkindia.co.in |
| Services: | Manufacture & supply of aluminium extrusion profiles, architectural systems, anodized & powder‑coated finishes, custom fabrication and allied aluminium solutions. |
IPO Quick Info
28 Jan 2026
30 Jan 2026
Upcoming
Lead Manager(s)
- Sun Capital Advisory Services Pvt.Ltd.
Related IPOs
- Bagmane REIT
- Recode Studios
- OnEMI Technology
- Value 360 Communications
- Amba Auto Sales & Services
- Adisoft Technologies
- Leapfrog Engineering
- Citius Transnet InvIT
- Mehul Telecom
- Om Power Transmission
- Propshare Celestia
- Safety Controls
- Emiac Technologies
- Vivid Electromech
- Highness Microelectronics
- Sai Parenterals Limited
- Powerica Limited
- Speciality Medicines
- Tipco Engineering
- Amir Chand Jagdish Kumar
Frequently Asked Questions
The company manufactures and supplies premium architectural aluminium systems under “Baari by Kanishk”, serving retail, wholesale, and institutional clients across India.