{"id":239371,"date":"2026-09-10T09:30:43","date_gmt":"2026-09-10T04:00:43","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=239371"},"modified":"2026-09-10T09:30:43","modified_gmt":"2026-09-10T04:00:43","slug":"kanohar-electricals-initial-public-offering-day-3-subscription-10-september-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/kanohar-electricals-initial-public-offering-day-3-subscription-10-september-2026\/","title":{"rendered":"Kanohar Electricals IPO Day 3: Subscription Closes Today, 10 September 2026"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Kanohar Electricals IPO closes today, 10 Sep 2026. Subscribed 6.49x through Day 2 (1:58 PM), up from 2.71x at Day 1 close. Price band Rs 601-632.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">The Kanohar Electricals IPO is on its final day of bidding on 10 September 2026, with the subscription window closing today. The issue has built strong momentum through its bidding window, closing Day 1 at 2.71 times overall and reaching around 6.49 times through Day 2, led by retail and non-institutional investors, while the QIB category still had room to grow. With bidding open until the end of today&#8217;s session, the final Kanohar Electricals IPO subscription figure could run higher still as institutional bids typically arrive in the closing hours.<\/p>\n<\/p><\/div>\n<p>Kanohar Electricals Limited, a Meerut based transformer manufacturer, has reached the final day of its IPO subscription window today, 10 September 2026. The Kanohar Electricals IPO opened on 8 September and is a mainboard, book built issue worth about Rs 1,055.74 crore, comprising a fresh issue and an offer for sale. The shares are proposed to list on both NSE and BSE.<\/p>\n<p>Demand for the issue has built steadily through the bidding window. The issue closed Day 1 subscribed 2.71 times overall, with NII leading at 4.88 times and retail at 3.31 times, while QIB stood at just 0.04 times. By early afternoon on Day 2, the overall book had climbed to around 6.49 times. On the closing day itself, the issue is well placed to extend this run further if institutional bids add meaningfully to the QIB book in the final hours.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=kanohar-electricals-ipo-day3\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/kanohar-electricals-initial-public-offering-day-3-subscription-10-september-2026\/#Kanohar_Electricals_IPO_Details\" title=\"Kanohar Electricals IPO Details\">Kanohar Electricals IPO Details<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/kanohar-electricals-initial-public-offering-day-3-subscription-10-september-2026\/#Kanohar_Electricals_IPO_Subscription_Status_Day_3\" title=\"Kanohar Electricals IPO Subscription Status Day 3\">Kanohar Electricals IPO Subscription Status Day 3<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/kanohar-electricals-initial-public-offering-day-3-subscription-10-september-2026\/#How_to_Apply_for_the_Kanohar_Electricals_IPO\" title=\"How to Apply for the Kanohar Electricals IPO\">How to Apply for the Kanohar Electricals IPO<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/kanohar-electricals-initial-public-offering-day-3-subscription-10-september-2026\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/kanohar-electricals-initial-public-offering-day-3-subscription-10-september-2026\/#FAQs\" title=\"FAQs\">FAQs<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/kanohar-electricals-initial-public-offering-day-3-subscription-10-september-2026\/#What_is_the_Kanohar_Electricals_IPO_subscription_status_on_Day_3\" title=\"What is the Kanohar Electricals IPO subscription status on Day 3?\">What is the Kanohar Electricals IPO subscription status on Day 3?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/kanohar-electricals-initial-public-offering-day-3-subscription-10-september-2026\/#When_does_the_Kanohar_Electricals_IPO_close\" title=\"When does the Kanohar Electricals IPO close?\">When does the Kanohar Electricals IPO close?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/kanohar-electricals-initial-public-offering-day-3-subscription-10-september-2026\/#What_is_the_Kanohar_Electricals_IPO_price_band_and_lot_size\" title=\"What is the Kanohar Electricals IPO price band and lot size?\">What is the Kanohar Electricals IPO price band and lot size?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/kanohar-electricals-initial-public-offering-day-3-subscription-10-september-2026\/#Which_category_led_the_Kanohar_Electricals_IPO_subscription\" title=\"Which category led the Kanohar Electricals IPO subscription?\">Which category led the Kanohar Electricals IPO subscription?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/kanohar-electricals-initial-public-offering-day-3-subscription-10-september-2026\/#What_is_the_Kanohar_Electricals_IPO_GMP\" title=\"What is the Kanohar Electricals IPO GMP?\">What is the Kanohar Electricals IPO GMP?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/kanohar-electricals-initial-public-offering-day-3-subscription-10-september-2026\/#How_do_I_apply_for_the_Kanohar_Electricals_IPO_before_it_closes\" title=\"How do I apply for the Kanohar Electricals IPO before it closes?\">How do I apply for the Kanohar Electricals IPO before it closes?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/kanohar-electricals-initial-public-offering-day-3-subscription-10-september-2026\/#When_will_the_Kanohar_Electricals_IPO_be_allotted_and_listed\" title=\"When will the Kanohar Electricals IPO be allotted and listed?\">When will the Kanohar Electricals IPO be allotted and listed?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/kanohar-electricals-initial-public-offering-day-3-subscription-10-september-2026\/#What_will_happen_to_allotment_given_how_oversubscribed_the_Kanohar_Electricals_IPO_is\" title=\"What will happen to allotment given how oversubscribed the Kanohar Electricals IPO is?\">What will happen to allotment given how oversubscribed the Kanohar Electricals IPO is?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/kanohar-electricals-initial-public-offering-day-3-subscription-10-september-2026\/#What_is_the_issue_structure_of_the_Kanohar_Electricals_IPO\" title=\"What is the issue structure of the Kanohar Electricals IPO?\">What is the issue structure of the Kanohar Electricals IPO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/kanohar-electricals-initial-public-offering-day-3-subscription-10-september-2026\/#What_does_Kanohar_Electricals_Limited_do\" title=\"What does Kanohar Electricals Limited do?\">What does Kanohar Electricals Limited do?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Kanohar_Electricals_IPO_Details\"><\/span><strong>Kanohar Electricals IPO Details<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table below sets out the key parameters of the issue.<\/p>\n<table border=\"1\" cellpadding=\"6\" cellspacing=\"0\">\n<tr>\n<td><strong>Open Date<\/strong><\/td>\n<td>8 September 2026<\/td>\n<\/tr>\n<tr>\n<td><strong>Close Date<\/strong><\/td>\n<td>10 September 2026<\/td>\n<\/tr>\n<tr>\n<td><strong>Price Band<\/strong><\/td>\n<td>Rs 601 to Rs 632 per share<\/td>\n<\/tr>\n<tr>\n<td><strong>Lot Size<\/strong><\/td>\n<td>23 shares<\/td>\n<\/tr>\n<tr>\n<td><strong>Issue Size<\/strong><\/td>\n<td>Rs 1,055.74 crore<\/td>\n<\/tr>\n<tr>\n<td><strong>Issue Type<\/strong><\/td>\n<td>Book Built Issue<\/td>\n<\/tr>\n<tr>\n<td><strong>Listing At<\/strong><\/td>\n<td>NSE and BSE<\/td>\n<\/tr>\n<tr>\n<td><strong>Allotment Date<\/strong><\/td>\n<td>11 September 2026<\/td>\n<\/tr>\n<tr>\n<td><strong>Listing Date<\/strong><\/td>\n<td>16 September 2026<\/td>\n<\/tr>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Kanohar_Electricals_IPO_Subscription_Status_Day_3\"><\/span><strong>Kanohar Electricals IPO Subscription Status Day 3<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table below tracks how the issue has moved through its bidding window, from the Day 1 close through to the closing day itself.<\/p>\n<table border=\"1\" cellpadding=\"6\" cellspacing=\"0\">\n<tr>\n<th>Session<\/th>\n<th>Overall<\/th>\n<th>NII<\/th>\n<th>Retail<\/th>\n<th>QIB<\/th>\n<\/tr>\n<tr>\n<td>Day 1 close (8 Sep, 5:06 PM)<\/td>\n<td>2.71x<\/td>\n<td>4.88x<\/td>\n<td>3.31x<\/td>\n<td>0.04x<\/td>\n<\/tr>\n<tr>\n<td>Day 2 (9 Sep, 1:58 PM)<\/td>\n<td>6.49x<\/td>\n<td colspan=\"3\">Category split updating<\/td>\n<\/tr>\n<tr>\n<td>Day 3, closing day so far (10 Sep)<\/td>\n<td colspan=\"4\">Updating through the session<\/td>\n<\/tr>\n<\/table>\n<p>NII and retail investors have driven the demand for the issue through the bidding window, while the QIB book was still thin as of the Day 1 close. With bidding open until the end of today&#8217;s session, the final subscription numbers for the issue should be confirmed on the NSE and BSE websites once the window shuts.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Track Subscription Status for the issue on the Univest Screener<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Apply_for_the_Kanohar_Electricals_IPO\"><\/span><strong>How to Apply for the Kanohar Electricals IPO<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li>Open a Demat and trading account with a SEBI-registered broker such as Univest if you do not already have one.<\/li>\n<li>Select the issue on your broker app or net banking platform and enter your bid quantity and price within the Rs 601 to Rs 632 band, in multiples of 23 shares.<\/li>\n<li>Submit the application through the UPI-based ASBA method so the bid amount is blocked rather than debited immediately.<\/li>\n<li>Approve the UPI mandate on your phone well before the cut off today, since the issue closes for good after this session.<\/li>\n<\/ol>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to apply for the issue before it closes today.<\/em><\/p>\n<p>Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The issue has closed out its bidding window with strong momentum, running at around 6.49 times overall through Day 2, led throughout by retail and NII demand. Investors considering the issue should review the company financials and risk factors in the RHP on nseindia.com and bseindia.com, and apply only after independent due diligence before the window shuts today.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"FAQs\"><\/span><strong>FAQs<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Kanohar_Electricals_IPO_subscription_status_on_Day_3\"><\/span><strong>What is the Kanohar Electricals IPO subscription status on Day 3?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> On the closing day, 10 September 2026, the issue carries forward a strong run, having reached around 6.49 times overall through Day 2, up from 2.71 times at the Day 1 close, with figures updating through today&#8217;s final session.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"When_does_the_Kanohar_Electricals_IPO_close\"><\/span><strong>When does the Kanohar Electricals IPO close?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The issue closes for subscription today, 10 September 2026, having opened on 8 September 2026.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Kanohar_Electricals_IPO_price_band_and_lot_size\"><\/span><strong>What is the Kanohar Electricals IPO price band and lot size?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The issue price band is Rs 601 to Rs 632 per share, with a lot size of 23 shares, taking the minimum investment to about Rs 14,536 at the upper price band.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_category_led_the_Kanohar_Electricals_IPO_subscription\"><\/span><strong>Which category led the Kanohar Electricals IPO subscription?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Non-institutional investors led the issue at the Day 1 close, subscribing 4.88 times, narrowly ahead of retail at 3.31 times, while qualified institutional buyers stood at only 0.04 times at that stage.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Kanohar_Electricals_IPO_GMP\"><\/span><strong>What is the Kanohar Electricals IPO GMP?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_do_I_apply_for_the_Kanohar_Electricals_IPO_before_it_closes\"><\/span><strong>How do I apply for the Kanohar Electricals IPO before it closes?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> You can apply for the issue through your SEBI-registered broker or UPI-enabled banking app using the ASBA method, entering your bid in multiples of 23 shares within the Rs 601 to Rs 632 band and approving the UPI mandate before today&#8217;s cut off.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"When_will_the_Kanohar_Electricals_IPO_be_allotted_and_listed\"><\/span><strong>When will the Kanohar Electricals IPO be allotted and listed?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The issue allotment is expected to be finalised on 11 September 2026, with listing on both NSE and BSE tentatively scheduled for 16 September 2026.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_will_happen_to_allotment_given_how_oversubscribed_the_Kanohar_Electricals_IPO_is\"><\/span><strong>What will happen to allotment given how oversubscribed the Kanohar Electricals IPO is?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> With the issue running well past full subscription in the retail and NII categories, retail allotment will likely be decided by computerised lottery for the minimum lot, while NII allotment will be proportionate, giving a smaller share per applicant the more heavily the category is subscribed.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_issue_structure_of_the_Kanohar_Electricals_IPO\"><\/span><strong>What is the issue structure of the Kanohar Electricals IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The issue is worth Rs 1,055.74 crore, comprising a fresh issue of 47,46,835 shares aggregating up to Rs 300 crore and an offer for sale of 1,19,57,915 shares aggregating to about Rs 755.74 crore.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_does_Kanohar_Electricals_Limited_do\"><\/span><strong>What does Kanohar Electricals Limited do?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Kanohar Electricals Limited manufactures power transformers, traction transformers and distribution transformers, and also undertakes engineering, procurement and construction work for substations and transmission lines from its Meerut base.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the issue subscription status on Day 3?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"On the closing day, 10 September 2026, the issue carries forward a strong run, having reached around 6.49 times overall through Day 2, up from 2.71 times at the Day 1 close, with figures updating through today's final session.\"}},{\"@type\":\"Question\",\"name\":\"When does the issue close?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The issue closes for subscription today, 10 September 2026, having opened on 8 September 2026.\"}},{\"@type\":\"Question\",\"name\":\"What is the issue price band and lot size?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The issue price band is Rs 601 to Rs 632 per share, with a lot size of 23 shares, taking the minimum investment to about Rs 14,536 at the upper price band.\"}},{\"@type\":\"Question\",\"name\":\"Which category led the issue subscription?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Non-institutional investors led the issue at the Day 1 close, subscribing 4.88 times, narrowly ahead of retail at 3.31 times, while qualified institutional buyers stood at only 0.04 times at that stage.\"}},{\"@type\":\"Question\",\"name\":\"What is the issue GMP?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.\"}},{\"@type\":\"Question\",\"name\":\"How do I apply for the issue before it closes?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"You can apply for the issue through your SEBI-registered broker or UPI-enabled banking app using the ASBA method, entering your bid in multiples of 23 shares within the Rs 601 to Rs 632 band and approving the UPI mandate before today's cut off.\"}},{\"@type\":\"Question\",\"name\":\"When will the issue be allotted and listed?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The issue allotment is expected to be finalised on 11 September 2026, with listing on both NSE and BSE tentatively scheduled for 16 September 2026.\"}},{\"@type\":\"Question\",\"name\":\"What will happen to allotment given how oversubscribed the issue is?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"With the issue running well past full subscription in the retail and NII categories, retail allotment will likely be decided by computerised lottery for the minimum lot, while NII allotment will be proportionate, giving a smaller share per applicant the more heavily the category is subscribed.\"}},{\"@type\":\"Question\",\"name\":\"What is the issue structure of the issue?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The issue is worth Rs 1,055.74 crore, comprising a fresh issue of 47,46,835 shares aggregating up to Rs 300 crore and an offer for sale of 1,19,57,915 shares aggregating to about Rs 755.74 crore.\"}},{\"@type\":\"Question\",\"name\":\"What does Kanohar Electricals Limited do?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Kanohar Electricals Limited manufactures power transformers, traction transformers and distribution transformers, and also undertakes engineering, procurement and construction work for substations and transmission lines from its Meerut base.\"}}]}<\/script><\/div>\n<div class=\"article-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"Article\",\"headline\":\"The issue Day 3 Subscription Status 10 Sep 2026\",\"description\":\"The issue closes today, 10 September 2026. Day 3 subscription status and how to apply before the deadline.\",\"author\":{\"@type\":\"Organization\",\"name\":\"Univest\"},\"publisher\":{\"@type\":\"Organization\",\"name\":\"Univest\"},\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"https:\/\/univest.in\/blogs\/kanohar-electricals-initial-public-offering-day-3-subscription-10-september-2026\"}}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Kanohar Electricals IPO closes today. 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