IPO Synopsis
| Kanohar Electricals Ltd |
|---|
| Registered Office: Rithani Delhi Road,,Meerut-250103, Uttar Pradesh |
| Tel. No: +91 121-3500 801-05 |
| Fax No: NA |
| Email: compliance@Kanohar.com |
| Website: www.kanohar.com |
| Initial public offering of up to 16,704,750 equity shares of face value of Rs. 2 each ("Equity Shares") of Kanohar Electricals Limited ("Company" or "Issuer") for cash at a price of Rs. 632 per equity share (including a share premium of Rs. 630 per equity share) ("Offer Price") aggregating up to Rs. 1055.74 Crores (the "Offer") comprising of a fresh issue of up to 4,746,835 equity shares of face value of Rs. 2 each aggregating up to Rs. 300.00 Crores ("Fresh Issue") and an offer for sale of up to 11,957,915 equity shares of face value of Rs. 2/- each ("Offered Shares") aggregating up to Rs. 755.74 Crores by K Sons Family Trust ("promoter selling shareholder" and such equity shares offered by the promoter selling shareholder, the "offered shares"). The offer shall constitute [*]% of the post-offer paid up equity share capital of the company. Price Band: Rs. 632/- per equity share of face value of Rs. 2 each. The floor price is 316 times the face value of the equity shares. Bids can made for a minimum of 23 equity shares of face value of Rs. 2 each and in multiples of 23 equity shares of face value of Rs. 2 each thereafter. |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | |
| 08-Sep-2026 | 10-Sep-2026 | ₹632.00 - 0.00 | |
| Minimum Application for shares in Nos : 23.0 | Further Multiples of :23.0 |
|---|
| (₹ Cr) | Lead Managers to the Issue | |
|---|---|---|
| Project Cost | 274.68 | IIFL Capital Services Limited |
| Project Financed through Current Offer | 1,055.74 | Nuvama Wealth Management Limited |
| Post Issue Equity Share Capital | 15.84 | |
| Issue Price | 632.00 |
| Projects |
|---|
| Funding the capital expenditure requirements of the Company |
| Funding the incremental working capital requirements of its Company |
| General corporate purposes |
| Promoted By |
|---|
| Dinesh Singhal |
| Adesh Singhal |
| Vivek Singhal |
| Listing At |
|---|
| BSE |
| NSE |
| Registrar To The Issue |
|---|
| MUFG Intime India Pvt Ltd |
