{"id":59893,"date":"2026-01-29T12:02:07","date_gmt":"2026-01-29T06:32:07","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=59893"},"modified":"2026-01-29T12:04:11","modified_gmt":"2026-01-29T06:34:11","slug":"kanishk-aluminium-india-ipo-gmp-subscription-day-2","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/kanishk-aluminium-india-ipo-gmp-subscription-day-2\/","title":{"rendered":"Kanishk Aluminium India IPO GMP &#038; Subscription Status: Day 2 IPO Live Updates"},"content":{"rendered":"<p>The <strong>Kanishk Aluminium India IPO GMP <\/strong>is \u20b90 as of 29th January 2026. It is a fixed price issue IPO of \u20b929.20 crores. This is an entirely fresh issue of 0.40 crore shares. The issue will be listed on BSE and SME on its tentative listing date, 4th February 2026. The face value of Kanishk Aluminium India IPO shares is \u20b910 per share, and the IPO price band is 73 per share. Retail investors can bid for a minimum of 2 lots of 3,200 shares worth \u20b92,33,600. Scroll down to check the Kanishk Aluminium India IPO GMP and subscription details.<\/p><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\/kanishk-aluminium-india-ipo-gmp-subscription-day-2\/#Kanishk_Aluminium_India_IPO_GMP_Grey_Market_Premium\" title=\"Kanishk Aluminium India IPO GMP Grey Market Premium\">Kanishk Aluminium India IPO GMP Grey Market Premium<\/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\/kanishk-aluminium-india-ipo-gmp-subscription-day-2\/#Kanishk_Aluminium_India_IPO_Subscription_Status\" title=\"Kanishk Aluminium India IPO Subscription Status\">Kanishk Aluminium India IPO Subscription Status<\/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\/kanishk-aluminium-india-ipo-gmp-subscription-day-2\/#Kanishk_Aluminium_India_IPO_Details\" title=\"Kanishk Aluminium India IPO Details\">Kanishk Aluminium India IPO Details<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/kanishk-aluminium-india-ipo-gmp-subscription-day-2\/#Explanation\" title=\"Explanation\">Explanation<\/a><\/li><\/ul><\/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\/kanishk-aluminium-india-ipo-gmp-subscription-day-2\/#About_Kanishk_Aluminium_India_Ltd\" title=\"About Kanishk Aluminium India Ltd.\">About Kanishk Aluminium India Ltd.<\/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\/kanishk-aluminium-india-ipo-gmp-subscription-day-2\/#Product_Portfolio\" title=\"Product Portfolio:\">Product Portfolio:<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/kanishk-aluminium-india-ipo-gmp-subscription-day-2\/#Kanishk_Aluminium_India_Limited_Financials\" title=\"Kanishk Aluminium India Limited Financials\">Kanishk Aluminium India Limited Financials<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/kanishk-aluminium-india-ipo-gmp-subscription-day-2\/#Explanation-2\" title=\"Explanation\">Explanation<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/kanishk-aluminium-india-ipo-gmp-subscription-day-2\/#Kanishk_Aluminium_India_IPO_Objectives\" title=\"Kanishk Aluminium India IPO Objectives\">Kanishk Aluminium India IPO Objectives<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/kanishk-aluminium-india-ipo-gmp-subscription-day-2\/#Kanishk_Aluminium_India_IPO_Registrar\" title=\"Kanishk Aluminium India IPO Registrar\">Kanishk Aluminium India IPO Registrar<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/kanishk-aluminium-india-ipo-gmp-subscription-day-2\/#Kanishk_Aluminium_India_IPO_Review\" title=\"Kanishk Aluminium India IPO Review\">Kanishk Aluminium India IPO Review<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/kanishk-aluminium-india-ipo-gmp-subscription-day-2\/#FAQs_on_Kanishk_Aluminium_India_IPO\" title=\"FAQs on Kanishk Aluminium India IPO\">FAQs on Kanishk Aluminium India IPO<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/kanishk-aluminium-india-ipo-gmp-subscription-day-2\/#What_is_the_Kanishk_Aluminium_India_IPO_GMP\" title=\"What is the Kanishk Aluminium India IPO GMP?\">What is the Kanishk Aluminium India IPO GMP?<\/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\/kanishk-aluminium-india-ipo-gmp-subscription-day-2\/#What_is_the_issue_price_of_the_Kanishk_Aluminium_India_IPO\" title=\"What is the issue price of the Kanishk Aluminium India IPO?\">What is the issue price of the Kanishk Aluminium India 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\/kanishk-aluminium-india-ipo-gmp-subscription-day-2\/#Who_is_the_registrar_of_the_Kanishk_Aluminium_India_IPO\" title=\"Who is the registrar of the Kanishk Aluminium India IPO?\">Who is the registrar of the Kanishk Aluminium India IPO?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/kanishk-aluminium-india-ipo-gmp-subscription-day-2\/#Recent_Articles\" title=\"Recent Articles\">Recent Articles<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Kanishk_Aluminium_India_IPO_GMP_Grey_Market_Premium\"><\/span><strong>Kanishk Aluminium India IPO GMP Grey Market Premium<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>As mentioned earlier, the <strong>Kanishk Aluminium India IPO GMP <\/strong>currently stands at \u20b90.00 per share. Thus, the estimated listing price would be at \u20b970.00. This indicates that the estimated listing gain in this IPO could be 0.00%. Explore the table for <strong>Kanishk Aluminium India<\/strong> <strong>IPO GMP<\/strong> updates.<\/p><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>GMP DATE<\/strong><\/td><td><strong>IPO Price<\/strong><\/td><td><strong>GMP Price<\/strong><\/td><td><strong>Estimated Listing Price<\/strong><\/td><td><strong>Estimated Gain<\/strong><\/td><\/tr><tr><td><strong>29-01-2026<\/strong><\/td><td>\u20b973.00<\/td><td>\u20b90.00<\/td><td>\u20b973.00<\/td><td>0.00%<\/td><\/tr><tr><td><strong>28-01-2026<\/strong><\/td><td>\u20b973.00<\/td><td>\u20b90.00<\/td><td>\u20b973.00<\/td><td>0.00%<\/td><\/tr><tr><td><strong>27-01-2026<\/strong><\/td><td>\u20b973.00<\/td><td>\u20b90.00<\/td><td>\u20b973.00<\/td><td>0.00%<\/td><\/tr><tr><td><strong>26-01-2026<\/strong><\/td><td>\u20b973.00<\/td><td>\u20b90.00<\/td><td>\u20b973.00<\/td><td>0.00%<\/td><\/tr><tr><td><strong>25-01-2026<\/strong><\/td><td>\u20b973.00<\/td><td>\u20b90.00<\/td><td>\u20b973.00<\/td><td>0.00%<\/td><\/tr><tr><td><strong>24-01-2026<\/strong><\/td><td>\u20b973.00<\/td><td>\u20b90.00<\/td><td>\u20b973.00<\/td><td>0.00%<\/td><\/tr><tr><td><strong>23-01-2026<\/strong><\/td><td>\u20b973.00<\/td><td>\u20b90.00<\/td><td>\u20b973.00<\/td><td>0.00%<\/td><\/tr><tr><td><strong>22-01-2026<\/strong><\/td><td>\u20b973.00<\/td><td>\u20b90.00<\/td><td>\u20b973.00<\/td><td>0.00%<\/td><\/tr><tr><td><strong>21-01-2026<\/strong><\/td><td>\u20b973.00<\/td><td>\u20b90.00<\/td><td>\u20b973.00<\/td><td>0.00%<\/td><\/tr><\/tbody><\/table><\/figure><p><em>Note: GMP details are subject to change based on market conditions and fluctuations. Check the live Kanishk Aluminium India IPO GMP status at Univest.<\/em><\/p><p><a href=\"https:\/\/univest.in\/user\/log-in\"><strong><em>Click and Sign Up to Get Live Updates on Kanishk Aluminium India IPO <\/em><\/strong><strong>GMP Status<\/strong><\/a><\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Kanishk_Aluminium_India_IPO_Subscription_Status\"><\/span><strong>Kanishk Aluminium India IPO Subscription Status<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>As of now, the Kanishk Aluminium India IPO has been subscribed to 0.18 times. Of these, 0.32 times are subscribed by retail investors, 0.03 times by non-institutional investors, and [.] times by QII (Qualified Institutional Investors).&nbsp;&nbsp;<\/p><p>The healthy subscription status indicates that investors are expecting higher returns at the time of Kanishk Aluminium India&#8217;s IPO listing on 4th February 2026. Kanishk Aluminium India also has a positive outlook behind the fresh issue of 0.40 crore shares, which will raise around Rs 29.20 crores.<\/p><p><strong><em>Note:<\/em><\/strong><em> GMP details are subject to change based on market conditions and fluctuations. Check the live Kanishk Aluminium India IPO Subscription status at Univest.<\/em><\/p><p><a href=\"https:\/\/univest.in\/user\/log-in\"><strong><em>Click and Sign Up to Get Live Updates on Kanishk Aluminium India IPO Subscription<\/em><\/strong><strong> Status<\/strong><\/a><\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Kanishk_Aluminium_India_IPO_Details\"><\/span><strong>Kanishk Aluminium India IPO Details<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>IPO Allotment Date<\/strong><\/td><td>2nd February 2026<\/td><\/tr><tr><td><strong>IPO Open Date<\/strong><\/td><td>28th January 2026<\/td><\/tr><tr><td><strong>IPO Close Date<\/strong><\/td><td>30th January 2026<\/td><\/tr><tr><td><strong>Refund Initiation&nbsp;<\/strong><\/td><td>3rd February 2026<\/td><\/tr><tr><td><strong>Issue Size<\/strong><\/td><td>40,00,000 shares(agg. up to \u20b929 Cr)<\/td><\/tr><tr><td><strong>Face Value<\/strong><\/td><td>\u20b910 per share<\/td><\/tr><tr><td><strong>Lot Size<\/strong><\/td><td>1,600 Shares<\/td><\/tr><tr><td><strong>Issue Price&nbsp;<\/strong><\/td><td>\u20b973 per share<\/td><\/tr><tr><td><strong>Issue Type<\/strong><\/td><td>Fixed Price IPO<\/td><\/tr><tr><td><strong>Listing At<\/strong><\/td><td>BSE SME<\/td><\/tr><tr><td><strong>Listing Date<\/strong><\/td><td>4th February 2026<\/td><\/tr><\/tbody><\/table><\/figure><p><strong><em>Also Read: <\/em><\/strong><a href=\"https:\/\/univest.in\/blogs\/kanishk-aluminium-india-ipo-gmp-review\"><strong><em>Kanishk Aluminium India IPO GMP &amp; Review: Apply or Avoid?<\/em><\/strong><\/a><\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Explanation\"><\/span><strong>Explanation<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p><strong>Kanishk Aluminium India IPO<\/strong>: Kanishk Aluminium India IPO Limited has declared an issue price band of \u20b973 per share. With this IPO, the company allows retail investors to bid for at least 2 lots of 3,200 shares, each worth \u20b92,33,600. The face value of Kanishk Aluminium India IPO Limited shares is \u20b910 per share. The shares of Kanishk Aluminium India IPO Limited will be listed on BSE and SME on its tentative listing day, 4th February 2026. Scroll down to check GMP updates and <strong>Kanishk Aluminium India IPO <\/strong>reviews.&nbsp;<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"About_Kanishk_Aluminium_India_Ltd\"><\/span><strong>About Kanishk Aluminium India Ltd.<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Kanishk Aluminium India Limited was established in 2022, Kanishk Aluminium India Ltd. is a Jodhpur-based manufacturer specialising in a wide range of aluminium extrusion products. The company operates from a modern 4,000 sq. metre facility in the &#8220;Blue City&#8221; of Rajasthan. Kanishk Aluminium serves multiple sectors, including electronics, automotive, solar, furniture, transport, electrical, and architecture, through its diverse and customised aluminium profile solutions.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Product_Portfolio\"><\/span><strong>Product Portfolio:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><ul class=\"wp-block-list\"><li><strong>Aluminium Extrusions:<\/strong> Includes solid and hollow section profiles, solar profiles, heatsinks, railings, sliding\/fixed window and door profiles<\/li>\n\n<li><strong>Engineering Products:<\/strong> Channels, sections, flat bars, and tubes with various finishes, tolerances, and tempers.<\/li>\n\n<li><strong>Hardware &amp; Architectural Solutions:<\/strong> Kitchen profiles, railing systems, and other customised architectural applications.<\/li><\/ul><p>As of November 30, 2025, the company employed 46 personnel responsible for operations, quality control, administration, and business functions.<\/p><p><strong>Also Read-<\/strong> <a href=\"https:\/\/univest.in\/blogs\/kanishk-aluminium-india-ipo-gmp-review\">Kanishk Aluminium India IPO GMP &amp; Review: Apply or Avoid?<\/a><\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Kanishk_Aluminium_India_Limited_Financials\"><\/span><strong>Kanishk Aluminium India Limited Financials<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>The company&#8217;s financial analysis is essential before applying for the<strong> Kanishk Aluminium India IPO. <\/strong>Look at the table to learn about Kanishk Aluminium India Limited&#8217;s financials.&nbsp;<\/p><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Year Ended<\/strong><\/td><td><strong>30th Sep 2025 (in cr.)<\/strong><\/td><td><strong>31st March 2025 (in cr.)<\/strong><\/td><td><strong>31st March 2024 (in cr.)<\/strong><\/td><td><strong>31st March 2023 (in cr.)<\/strong><\/td><\/tr><tr><td><strong>Assets<\/strong><\/td><td>60.47<\/td><td>50.50<\/td><td>41.09<\/td><td>37.11<\/td><\/tr><tr><td><strong>Revenue<\/strong><\/td><td>29.25<\/td><td>60.13<\/td><td>59.54<\/td><td>59.68<\/td><\/tr><tr><td><strong>Profit After Tax<\/strong><\/td><td>2.15<\/td><td>3.04<\/td><td>1.52<\/td><td>1.76<\/td><\/tr><tr><td><strong>EBITDA<\/strong><\/td><td>4.08<\/td><td>6.63<\/td><td>4.50<\/td><td>4.06<\/td><\/tr><tr><td><strong>Net Worth<\/strong><\/td><td>18.72<\/td><td>16.57<\/td><td>13.53<\/td><td>6.01<\/td><\/tr><tr><td><strong>Reserves and Surplus<\/strong><\/td><td>9.28<\/td><td>7.13<\/td><td>7.63<\/td><td>1.11<\/td><\/tr><tr><td><strong>Total Borrowings<\/strong><\/td><td>25.55<\/td><td>22.74<\/td><td>20.84<\/td><td>26.45<\/td><\/tr><\/tbody><\/table><\/figure><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Explanation-2\"><\/span><strong>Explanation<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Kanishk Aluminium India Limited&#8217;s revenue increased by 0.99% from \u20b959.54 crores in March 2024 to \u20b960.13 crores in March 2025. Moreover, the company&#8217;s PAT increased by 100.00% from \u20b91.52 crores in March 2024 to \u20b93.04 crores in March 2025.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Kanishk_Aluminium_India_IPO_Objectives\"><\/span><strong>Kanishk Aluminium India IPO Objectives<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>The primary aim of the <strong>Kanishk Aluminium India IPO<\/strong> is to raise \u20b929.20 crores. On the other hand, Kanishk Aluminium India has decided to utilise these funds in different ways.<\/p><ul class=\"wp-block-list\"><li>To Repayment\/ pre-payment, in full or part, of certain borrowings availed by the Company<\/li>\n\n<li>To General Corporate Expenses.<\/li>\n\n<li>To Branding and Promotion of the Company brand, \u2018Baari by Kanishk<\/li><\/ul><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Kanishk_Aluminium_India_IPO_Registrar\"><\/span><strong>Kanishk Aluminium India IPO Registrar<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Kfin Technologies Limited is the registrar for the Kanishk Aluminium India IPO, awaiting the allotment process and initiating refunds. For any queries regarding the Kanishk Aluminium India allotment and refund, you can contact Kfin Technologies Limited at <a href=\"mailto:kal.ipo@kfintech.com\">kal.ipo@kfintech.com<\/a> or at 04067162222, 04079611000.<\/p><p><strong><em>Download the <\/em><\/strong><a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\"><strong><em>Univest iOS App<\/em><\/strong><\/a><strong><em> or <\/em><\/strong><a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\"><strong><em>Univest Android App<\/em><\/strong><\/a><strong><em> to get daily stock recommendations and insightful research pieces!<\/em><\/strong>&nbsp;<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Kanishk_Aluminium_India_IPO_Review\"><\/span><strong>Kanishk Aluminium India IPO Review<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"536\" src=\"https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/01\/29120328\/Kanishk-Aluminium-India-IPO-Apply-or-Avoid-1-1024x536.jpg\" alt=\"Kanishk Aluminium India IPO Review\n\" class=\"wp-image-59898\" srcset=\"https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/01\/29120328\/Kanishk-Aluminium-India-IPO-Apply-or-Avoid-1-1024x536.jpg 1024w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/01\/29120328\/Kanishk-Aluminium-India-IPO-Apply-or-Avoid-1-300x157.jpg 300w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/01\/29120328\/Kanishk-Aluminium-India-IPO-Apply-or-Avoid-1-768x402.jpg 768w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/01\/29120328\/Kanishk-Aluminium-India-IPO-Apply-or-Avoid-1-900x471.jpg 900w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/01\/29120328\/Kanishk-Aluminium-India-IPO-Apply-or-Avoid-1-600x314.jpg 600w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/01\/29120328\/Kanishk-Aluminium-India-IPO-Apply-or-Avoid-1-150x79.jpg 150w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/01\/29120328\/Kanishk-Aluminium-India-IPO-Apply-or-Avoid-1.jpg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure><p>The <strong>Kanishk Aluminium India IPO <\/strong>has gained neutral ratings from industry experts, brokers, and institutional investors. Kanishk Aluminium India Limited&#8217;s revenue increased by 0.99% from \u20b959.54 crores in March 2024 to \u20b960.13 crores in March 2025. Moreover, the company&#8217;s PAT increased by 100.00% from \u20b91.52 crores in March 2024 to \u20b93.04 crores in March 2025.<\/p><p>Most analysts recommend applying for this IPO to diversify your investment portfolio. However, we\u2019re waiting for additional ratings to get a clearer picture and will keep posting them to deliver real-time insights. Until then, you can explore the company&#8217;s technical analysis to know whether you should apply for the <strong>Kanishk Aluminium India IPO <\/strong>or not.<\/p><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Key Indicators<\/strong><\/td><td><strong>Value<\/strong><\/td><\/tr><tr><td><a href=\"https:\/\/univest.in\/blogs\/price-to-earnings-ratio-p-e-ratio\"><strong>PE Ratio (Price-to-Earnings)<\/strong><\/a><strong>&nbsp;<\/strong><\/td><td>22.66<\/td><\/tr><tr><td><a href=\"https:\/\/univest.in\/blogs\/earnings-per-share-eps-formula\"><strong>EPS (Earnings Per Share)<\/strong><\/a><\/td><td>3.22<\/td><\/tr><tr><td><strong>RoNW<\/strong><\/td><td>29.12%<\/td><\/tr><tr><td><a href=\"https:\/\/univest.in\/blogs\/return-on-capital-employed\"><strong>ROCE<\/strong><\/a><\/td><td>19.92%<\/td><\/tr><tr><td><strong>ROE<\/strong><\/td><td>29.12%<\/td><\/tr><tr><td><strong>EBITDA Margin<\/strong><\/td><td>33.55%<\/td><\/tr><tr><td><strong>Price to Book Value<\/strong><\/td><td>3.68<\/td><\/tr><tr><td><strong>Market Capitalisation<\/strong><\/td><td>\u20b998.11 Cr<\/td><\/tr><\/tbody><\/table><\/figure><p>The P\/E ratio of Kanishk Aluminium India Limited shares is 22.66, and its Earnings Per Share (EPS) stands at 3.22. Thus, the <strong>Kanishk Aluminium India IPO<\/strong> can deliver gains on its tentative listing date, 4th February 2026.&nbsp;<\/p><p><strong><em>Note<\/em><\/strong><em>: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Kanishk Aluminium India Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics.&nbsp;<\/em><\/p><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Indicators<\/strong><\/td><td><strong>Pre-IPO<\/strong><\/td><td><strong>Post-IPO<\/strong><\/td><\/tr><tr><td><strong>PE Ratio<\/strong><\/td><td>22.66<\/td><td>19.03<\/td><\/tr><tr><td><strong>EPS&nbsp;<\/strong><\/td><td>3.22<\/td><td>3.84<\/td><\/tr><\/tbody><\/table><\/figure><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"FAQs_on_Kanishk_Aluminium_India_IPO\"><\/span><strong>FAQs on Kanishk Aluminium India IPO<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_the_Kanishk_Aluminium_India_IPO_GMP\"><\/span><strong>What is the Kanishk Aluminium India IPO GMP?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Currently, on 29th January 2026, the <strong>Kanishk Aluminium India IPO GMP<\/strong> (Grey Market Premium) stands at \u20b90. This indicates that the estimated listing price could be \u20b973.00 per share.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_the_issue_price_of_the_Kanishk_Aluminium_India_IPO\"><\/span><strong>What is the issue price of the Kanishk Aluminium India IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>The <strong>Kanishk Aluminium India IPO<\/strong> issue price band is set at \u20b973.00 per share. Retail investors can apply for a minimum of 2 lots, each consisting of 3,200 shares, worth \u20b92,33,600. Moreover, HNIs are required to bid for a minimum of 3 lots (4,800 shares) worth \u20b93,50,400.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Who_is_the_registrar_of_the_Kanishk_Aluminium_India_IPO\"><\/span><strong>Who is the registrar of the Kanishk Aluminium India IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Kfin Technologies Limited is the registrar for the Kanishk Aluminium India IPO, awaiting the allotment process and initiating refunds. For any queries regarding the Kanishk Aluminium India allotment and refund, you can contact Kfin Technologies Limited at <a href=\"mailto:kal.ipo@kfintech.com\">kal.ipo@kfintech.com<\/a> or at 04067162222, 04079611000.<\/p><p><strong><em>Disclaimer<\/em><\/strong><em>: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Kanishk Aluminium India IPO, download the Kanishk Aluminium India IPO RHP and Kanishk Aluminium India IPO DRHP. Conduct your research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.<\/em><\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Recent_Articles\"><\/span><strong>Recent Articles<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><a href=\"https:\/\/univest.in\/blogs\/kasturi-metal-composite-ipo-gmp-subscription-day-2\">Kasturi Metal Composite IPO GMP &amp; Subscription Status: Day 2 IPO Live Updates<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/accretion-nutraveda-ipo-gmp-subscription-day-1\">Accretion Nutraveda IPO GMP &amp; Subscription Status: Day 1 IPO Live Updates<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/msafe-equipments-ipo-gmp-subscription-day-1\">Msafe Equipments IPO GMP &amp; Subscription Status: Day 1 IPO Live Updates<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/kanishk-aluminium-india-ipo-gmp-subscription-day-1\">Kanishk Aluminium India IPO GMP &amp; Subscription Status: Day 1 IPO Live Updates<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/digilogic-systems-ipo-listing\">Digilogic Systems IPO Listing at 20.00% discount at 83.20 Per Share<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/shadowfax-technologies-ipo-listing\">Shadowfax Technologies IPO Listing at 9.00% discount at 112.60 Per Share<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>The Kanishk Aluminium India IPO GMP is \u20b90 as of 29th January 2026. It is a fixed price issue IPO of \u20b929.20 crores. This is an entirely fresh issue of 0.40 crore shares. The issue will be listed on BSE and SME on its tentative listing date, 4th February 2026. The face value of Kanishk<\/p>\n","protected":false},"author":23,"featured_media":59899,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1281],"tags":[1015,1352,3806],"class_list":["post-59893","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo","tag-ipo","tag-ipo-gmp","tag-ipo-subscription"],"metadata":{"_edit_lock":["1769668462:23"],"_last_editor_used_jetpack":["block-editor"],"rank_math_internal_links_processed":["1"],"amazonS3_cache":["a:8:{s:96:\"\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/01\/Kasturi-Metal-Composite-IPO-Apply-or-Avoid-3.jpg\";a:2:{s:2:\"id\";i:59894;s:11:\"source_type\";s:13:\"media-library\";}s:105:\"\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/01\/Kasturi-Metal-Composite-IPO-Apply-or-Avoid-3-1024x536.jpg\";a:2:{s:2:\"id\";i:59894;s:11:\"source_type\";s:13:\"media-library\";}s:128:\"\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/01\/29115834\/Kasturi-Metal-Composite-IPO-Apply-or-Avoid-3.jpg\";a:2:{s:2:\"id\";i:59894;s:11:\"source_type\";s:13:\"media-library\";}s:137:\"\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/01\/29115834\/Kasturi-Metal-Composite-IPO-Apply-or-Avoid-3-1024x536.jpg\";a:2:{s:2:\"id\";i:59894;s:11:\"source_type\";s:13:\"media-library\";}s:96:\"\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/01\/Kanishk-Aluminium-India-IPO-Apply-or-Avoid-1.jpg\";a:2:{s:2:\"id\";i:59898;s:11:\"source_type\";s:13:\"media-library\";}s:105:\"\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/01\/Kanishk-Aluminium-India-IPO-Apply-or-Avoid-1-1024x536.jpg\";a:2:{s:2:\"id\";i:59898;s:11:\"source_type\";s:13:\"media-library\";}s:128:\"\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/01\/29120328\/Kanishk-Aluminium-India-IPO-Apply-or-Avoid-1.jpg\";a:2:{s:2:\"id\";i:59898;s:11:\"source_type\";s:13:\"media-library\";}s:137:\"\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/01\/29120328\/Kanishk-Aluminium-India-IPO-Apply-or-Avoid-1-1024x536.jpg\";a:2:{s:2:\"id\";i:59898;s:11:\"source_type\";s:13:\"media-library\";}}"],"rank_math_primary_category":["1281"],"rank_math_seo_score":["73"],"rank_math_title":["Kanishk Aluminium India IPO GMP Subscription Status Day 2"],"rank_math_description":["Kanishk Aluminium India IPO GMP, Subscription status. Explore for further information about the Kanishk Aluminium India IPO. Read more!\n"],"rank_math_focus_keyword":["Kanishk Aluminium India IPO"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"],"_thumbnail_id":["59899"],"_edit_last":["23"],"_ez-toc-disabled":[""],"_ez-toc-insert":[""],"_ez-toc-header-label":[""],"_ez-toc-alignment":["none"],"_ez-toc-heading-levels":["a:0:{}"],"_ez-toc-alttext":[""],"_ez-toc-visibility_hide_by_default":[""],"_ez-toc-hide_counter":[""],"_ez-toc-exclude":[""],"_ez-toc-position-specific":["before"],"stm_select_gm_zoom":[""],"stm_agenda":[""],"stm_host":[""],"stm_select_approved_denied":[""],"stm_multiselect_approved":[""],"stm_multiselect_denied":[""],"stm_date":[""],"stm_time":[""],"stm_timezone":[""],"stm_duration":[""],"stm_password":[""],"stm_waiting_room":[""],"stm_join_before_host":[""],"stm_host_join_start":[""],"stm_start_after_participants":[""],"stm_mute_participants":[""],"stm_enforce_login":[""],"stm_alternative_hosts":[""],"top_bar_custom_style":[""],"top_bar_bg":[""],"wc_top_bar_cart_custom_style":[""],"wc_top_bar_cart_color":[""],"wc_top_bar_cart_icon_color_hover":[""],"wc_top_bar_cart_counter_color":[""],"wc_top_bar_cart_counter_color_hover":[""],"wc_top_bar_cart_counter_bg":[""],"wc_top_bar_cart_counter_bg_hover":[""],"top_bar_wpml_switcher_custom_style":[""],"wpml_switcher_color":[""],"top_bar_wpml_switcher_bg":[""],"top_bar_wpml_switcher_bg_hover":[""],"top_bar_wpml_switcher_color_hover":[""],"top_bar_socials_custom_style":[""],"top_bar_socials_color":[""],"top_bar_socials_color_hover":[""],"top_bar_search_custom_style":[""],"top_bar_search_color":[""],"top_bar_search_icon_color_hover":[""],"top_bar_contact_info_style":[""],"top_bar_contact_info_color":[""],"top_bar_contact_info_link_color":[""],"top_bar_contact_info_link_color_hover":[""],"top_bar_contact_info_select_bg":[""],"top_bar_contact_info_select_color":[""],"top_bar_contact_info_select_drop_bg":[""],"top_bar_contact_info_select_items_bg":[""],"top_bar_contact_info_select_items_color":[""],"top_bar_contact_info_select_items_hover":[""],"header_inverse":["default"],"enable_header_transparent":["off"],"header_nav_custom_style":[""],"header_bg":[""],"header_shadow":[""],"wc_cart_custom_style":[""],"wc_cart_icon_color":[""],"wc_cart_icon_color_hover":[""],"wc_cart_counter_color":[""],"wc_cart_counter_color_hover":[""],"wc_cart_counter_bg":[""],"wc_cart_counter_bg_hover":[""],"header_wpml_switcher_custom_style":[""],"header_wpml_switcher_color":[""],"header_wpml_switcher_color_hover":[""],"header_wpml_switcher_bg":[""],"header_wpml_switcher_bg_hover":[""],"header_socials_custom_style":[""],"header_socials_color":[""],"header_socials_color_hover":[""],"header_search_custom_style":[""],"header_search_icon_color":[""],"header_search_icon_color_hover":[""],"header_contact_info_style":[""],"header_contact_info_color":[""],"header_contact_info_link_color":[""],"header_contact_info_link_color_hover":[""],"header_button_custom_style":[""],"header_button_color":[""],"header_button_color_hover":[""],"header_button_bg":[""],"header_button_bg_hover":[""],"header_nav_menu_customize":[""],"header_nav_menu_link_color":[""],"header_nav_menu_link_color_hover":[""],"header_nav_menu_link_color_active":[""],"header_nav_menu_link_arrow_color":[""],"header_nav_menu_link_arrow_color_hover":[""],"header_nav_menu_level_1_bg":[""],"header_nav_menu_level_1_link_color":[""],"header_nav_menu_level_1_link_color_hover":[""],"header_nav_menu_level_1_link_bg_hover":[""],"header_nav_menu_level_1_link_arrow_color":[""],"header_nav_menu_level_1_link_arrow_color_hover":[""],"header_nav_menu_level_2_bg":[""],"header_nav_menu_level_2_link_color":[""],"header_nav_menu_level_2_link_color_hover":[""],"header_nav_menu_level_2_link_bg_hover":[""],"header_mega_menu_bg":[""],"header_mega_menu_title_color":[""],"header_mega_menu_title_color_hover":[""],"header_mega_menu_description_color":[""],"header_mega_menu_description_link_color":[""],"header_mega_menu_description_link_color_hover":[""],"header_mega_menu_color":[""],"header_mega_menu_color_hover":[""],"header_mega_menu_border_color":[""],"header_mega_menu_icons_color":[""],"header_nav_menu_customize_end":[""],"hfe_enabled_notice":[""],"disable_title_box":["default"],"hfe_disabled":[""],"enable_transparent":["default"],"title_box_title_bg_color":[""],"title_box_bg_custom_image":["default"],"title_box_bg_image":[""],"title_box_bg_position":["default"],"metabox_title_box_bg_position_x":[""],"metabox_title_box_bg_position_y":[""],"metabox_title_box_bg_attachment":["default"],"title_box_bg_size":["default"],"metabox_title_box_bg_size_slider":[""],"title_box_bg_repeat":["default"],"disable_title":["default"],"title_box_title_color":[""],"title_box_title_line_color":[""],"disable_breadcrumbs":["default"],"metabox_title_box_breadcrumbs_color":[""],"metabox_title_box_links_color":[""],"metabox_title_box_links_color_hover":[""],"content_bg_transparent":[""],"show_popup_single":[""],"popups_single":[""],"popups_single_event":[""],"popup_single_event_open_delay":[""],"popup_single_event_showing_in":[""],"popup_single_event_date_from":[""],"popup_single_event_date_to":[""],"popup_single_event_time_from":[""],"popup_single_event_time_to":[""],"popup_single_animation":[""],"popup_single_responsive":[""],"separator_footer_copyright_border_t":[""],"name":[""],"email":[""],"phone":[""],"company":[""],"memberId":[""],"testimonial_position":[""],"testimonial_company":[""],"testimonial_bg_img":[""],"testimonial_video_url":[""],"popups_width":[""],"popups_height":[""],"popups_image_bg":[""],"popups_color_bg":[""],"popups_border_radius":[""],"popups_template":[""],"rank_math_analytic_object_id":["5939"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/01\/29120357\/Kanishk-Aluminium-India-GMP-Subscription-Status-Day-2.jpg","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/59893","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=59893"}],"version-history":[{"count":2,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/59893\/revisions"}],"predecessor-version":[{"id":59900,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/59893\/revisions\/59900"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/59899"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=59893"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=59893"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=59893"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}