Kanishk Aluminium India IPO GMP & Subscription Status: Day 2 IPO Live Updates

The Kanishk Aluminium India IPO GMP is ₹0 as of 29th January 2026. It is a fixed price issue IPO of ₹29.20 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 ₹10 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 ₹2,33,600. Scroll down to check the Kanishk Aluminium India IPO GMP and subscription details.

Kanishk Aluminium India IPO GMP Grey Market Premium

As mentioned earlier, the Kanishk Aluminium India IPO GMP currently stands at ₹0.00 per share. Thus, the estimated listing price would be at ₹70.00. This indicates that the estimated listing gain in this IPO could be 0.00%. Explore the table for Kanishk Aluminium India IPO GMP updates.

Note: GMP details are subject to change based on market conditions and fluctuations. Check the live Kanishk Aluminium India IPO GMP status at Univest.

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Kanishk Aluminium India IPO Subscription Status

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).  

The healthy subscription status indicates that investors are expecting higher returns at the time of Kanishk Aluminium India’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.

Note: GMP details are subject to change based on market conditions and fluctuations. Check the live Kanishk Aluminium India IPO Subscription status at Univest.

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Kanishk Aluminium India IPO Details

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

Explanation

Kanishk Aluminium India IPO: Kanishk Aluminium India IPO Limited has declared an issue price band of ₹73 per share. With this IPO, the company allows retail investors to bid for at least 2 lots of 3,200 shares, each worth ₹2,33,600. The face value of Kanishk Aluminium India IPO Limited shares is ₹10 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 Kanishk Aluminium India IPO reviews. 

About Kanishk Aluminium India Ltd.

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.

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

Kanishk Aluminium India Limited Financials

The company’s financial analysis is essential before applying for the Kanishk Aluminium India IPO. Look at the table to learn about 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 IPO Objectives

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 the Company brand, ‘Baari by Kanishk

Kanishk Aluminium India IPO Registrar

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.

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Kanishk Aluminium India IPO Review

The Kanishk Aluminium India IPO has gained neutral ratings from industry experts, brokers, and institutional investors. 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.

Most analysts recommend applying for this IPO to diversify your investment portfolio. However, we’re 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’s technical analysis to know whether you should apply for the Kanishk Aluminium India IPO or not.

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. 

FAQs on Kanishk Aluminium India IPO

What is the Kanishk Aluminium India IPO GMP?

Currently, on 29th January 2026, the Kanishk Aluminium India IPO GMP (Grey Market Premium) stands at ₹0. This indicates that the estimated listing price could be ₹73.00 per share.

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

The Kanishk Aluminium India IPO issue price band is set at ₹73.00 per share. Retail investors can apply for a minimum of 2 lots, each consisting of 3,200 shares, worth ₹2,33,600. Moreover, HNIs are required to bid for a minimum of 3 lots (4,800 shares) worth ₹3,50,400.

Who is the registrar of the Kanishk Aluminium India IPO?

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.

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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