Kanishk Aluminium India IPO GMP & Review: Apply or Avoid?

Kanishk Aluminium India IPO is open for bidding from 28th January 2026 to 30th January 2026. It is a fixed-price IPO of ₹29.20 crore, comprising 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. 

Kanishk Aluminium India IPO Details 

The Kanishk Aluminium India IPO date is fixed between 28th January 2026 to 30th January 2026. The face value of Kanishk Aluminium India shares stands at ₹10 per share, and the IPO Issue price band is set at ₹73 per share

Kfin Technologies Limited is the registrar of the Kanishk Aluminium India IPO and is responsible for managing the allotment process and initiating refunds. Check out the latest IPO details in the table below. 

Kanishk Aluminium India IPO Share Reservation

Riddhi Display Equipment’s IPO is a fixed price issue of 0.40 crore shares worth ₹29.20 crore. Kanishk Aluminium India IPO Limited shares will be listed on the BSE and the SME Exchange. Furthermore, SEBI has specified the share reservation criteria for different investor categories. 

Kanishk Aluminium India IPO GMP Grey Market Premium

GMP is the gap between the issue price band and the price at which company shares are currently trading in the grey market. Do you want to get live updates on the Kanishk Aluminium India IPO? If yes, then you’ve reached the right spot. Check the table below to learn about the GMP trends.

As of 28th January 2026, Kanishk Aluminium India IPO GMP stands at ₹10.00 per share, which means the share will likely list at ₹73.00 on its tentative listing date, 4th February 2026.

GMP data is subject to change based on market trends and sentiments. You should check the live GMP status before applying for the Kanishk Aluminium India IPO GMP. Stay informed with Univest for real-time insights into IPOs and their GMP trends. 

Kanishk Aluminium India IPO GMP Review

Check out the detailed Kanishk Aluminium India GMP IPO review for a thorough understanding of its potential to report listing gains on 4th February 2026. The Kanishk Aluminium India IPO review below will help you invest effectively to avoid significant losses. Explore more to make informed investment decisions on this IPO. 

Financial Health

Assess a company’s financial performance to know about its ability to sustain a competitive edge. Thus, it is essential to understand the business’s economic growth and decline before applying for the Kanishk Aluminium India IPO.

Kanishk Aluminium India Limited’s revenue increased by 0.99% from ₹59.54 crores in March 2024 to ₹60.13 crores in March 2025. Moreover, the company’s PAT increased by 100.00% from ₹1.52 crores in March 2024 to ₹3.04 crores in March 2025.

Kanishk Aluminium India’s IPO has shown consistent revenue growth, indicating the company’s financial stability. Moreover, brokers, investors, and RAs have a positive outlook for the Kanishk Aluminium India IPO, with its tentative listing day set for 4th February 2026. 

Technical Analysis

Several technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technicals of the Kanishk Aluminium India IPO.

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 Kanishk Aluminium India IPO can deliver gains on its tentative listing date, 4th February 2026. 

Note: 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. 

Kanishk Aluminium India IPO Subscription Status

The Kanishk Aluminium India IPO will open for bidding on 28th January 2026. The subscription status for this IPO is yet to be announced. Stay informed on this passage to check the live Kanishk Aluminium India IPO Subscription Status. 

About Kanishk Aluminium India Limited

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 “Blue City” of Rajasthan. Kanishk Aluminium serves multiple sectors, including electronics, automotive, solar, furniture, transport, electrical, and architecture, through its diverse and customised aluminium profile solutions.

Product Portfolio:

• Aluminium Extrusions: Includes solid and hollow section profiles, solar profiles, heatsinks, railings, sliding/fixed window and door profiles
• Engineering Products: Channels, sections, flat bars, and tubes with various finishes, tolerances, and tempers.
• Hardware & Architectural Solutions: Kitchen profiles, railing systems, and other customised architectural applications.

As of November 30, 2025, the company employed 46 personnel responsible for operations, quality control, administration, and business functions.

Kanishk Aluminium India Limited Financials

The company’s financial analysis is essential before applying for the Kanishk Aluminium India IPO. See the table for Kanishk Aluminium India Limited’s financials. 

Explanation

Kanishk Aluminium India Limited’s revenue increased by 0.99% from ₹59.54 crores in March 2024 to ₹60.13 crores in March 2025. Moreover, the company’s PAT increased by 100.00% from ₹1.52 crores in March 2024 to ₹3.04 crores in March 2025.

Kanishk Aluminium India Limited IPO Promoter Holdings

Have a look at the table below to check the holdings of Ashish Kankaria, Shruti A. Kankaria, Ambica Capital Markets Limited, and Gold View Financial Services Limited.

Note: The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue.

Aim of the Kanishk Aluminium India IPO

The primary aim of the Kanishk Aluminium India IPO is to raise ₹29.20 crores. On the other hand, Kanishk Aluminium India has decided to utilise these funds in different ways.

• To Repayment/ pre-payment, in full or part, of certain borrowings availed by the Company
• To General Corporate Expenses.
• To Branding and Promotion of Company brand, ‘Baari by Kanishk

Should I Invest in the Kanishk Aluminium India IPO?

Explore the pros and cons of Kanishk Aluminium India to know whether you should apply or avoid the issue. These pros and cons might help you understand the IPO’s efficiency in delivering profits over the coming decades. 

Pros of the Kanishk Aluminium India IPO

• The company has Diverse Product Range and Customization
• The company has a Resource Optimization and Operational Efficiency
• The company has a Commitment to Innovation and Growth

Cons of the Kanishk Aluminium India IPO

• The company has a Dependence on the key customers
• The company has Raw Material Price & Supply Volatility
• The company has a Conflict of Interest with Promoter Group Entities

How to Apply for the Kanishk Aluminium India IPO?

Check the steps mentioned below to apply for Kanishk Aluminium India Ltd.

• Step 1: Conduct thorough research on the Kanishk Aluminium India IPO GMP, subscription status, issue size, lot size, and other details. 
• Step 2: Open a demat account with Univest to access real-time insights on GMP and subscription status. You can also use your previous demat account by navigating to the IPO section. 
• Step 3: Make a bid for 2 lots of 3,200 shares worth ₹2,33,600
• Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.    

Note: You can apply for the Kanishk Aluminium India IPO across multiple demat accounts to increase your chances of allotment. 

How to Check the Kanishk Aluminium India IPO Allotment Status?

You can check for the Kanishk Aluminium India IPO allotment in different ways. These include BSE and the registrar portal. Follow the steps below to check your allotment status online.

Check On BSE

• Visit the BSE Official Site
• Navigate to the IPO Allotment Section. 
• Select Equity as the issue type. 
• Choose the Kanishk Aluminium India IPO.  
• Choose whether to proceed with the PAN number or the application number.
• Submit your details to get the allotment status online. 

Check On the Registrar Portal

• Visit the registrar portal.
• Click on the allotment option.
• Fill in the required details.
• Click on the submit button to know your Kanishk Aluminium India IPO allotment status.

Let’s Wrap

Kanishk Aluminium India IPO is a fixed-price of shares worth ₹29.20 crores. The shares of Kanishk Aluminium India Limited will be listed on BSE and SME on its tentative listing date of 4th February 2026. Researching the Kanishk Aluminium India IPO GMP and reviews is highly recommended to achieve your desired profitability. Brokers and investors have highlighted their pros and cons, so one must analyse them and decide accordingly.

Open a demat account on Univest now to initiate your investment journey!

FAQs on Kanishk Aluminium India IPO

How is the Kanishk Aluminium India IPO?

Ans. Currently, on 28th January 2026, the Kanishk Aluminium India GMP (Grey Market Premium) stands at ₹0. It indicates that the estimated listing price could be ₹73 per share. It is a fixed price issue IPO of ₹29.20 shares. The face value of each Kanishk Aluminium India share is ₹10 per share. 

What is the Kanishk Aluminium India IPO price?

Ans. The Kanishk Aluminium India IPO issue price band is set at ₹73 per share. 

Is the Kanishk Aluminium India IPO a good investment?

Ans. Kanishk Aluminium India Limited’s revenue increased by 0.99% from ₹59.54 crores in March 2024 to ₹60.13 crores in March 2025. Moreover, the company’s PAT increased by 100.00% from ₹1.52 crores in March 2024 to ₹3.04 crores in March 2025.

Who is the registrar of the Kanishk Aluminium India IPO?

Ans. 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 kal.ipo@kfintech.com or at 04067162222, 04079611000.

What is the issue size of the Kanishk Aluminium India IPO? 

Ans. Kanishk Aluminium India’s IPO is a fixed-price issue of ₹29.20 crores. Moreover, the IPO is set to open on 28th January 2026 and close on 30th January 2026. 

Disclaimer: 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.

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