Kanishk Aluminium India IPO Listing at 20% Premium at ₹58.40 Per Share

Posted by : Neeraj Pandey | Wed Feb 04 2026

Kanishk Aluminium India IPO Listing Today: The Kanishk Aluminium India IPO was subscribed 1.04 times at the time of its closing. In this subscription, qualified institutional buyers (QIBs) received [.] times, and non-institutional investors (NIIs) received 0.23 times. The retail quota of the issue was subscribed to 47.52%. Before delving deeper into the topic, go through the details of the Kanishk Aluminium India IPO.

Table of Contents

Kanishk Aluminium India IPO

It is a fixed price issue IPO of ₹29.20 crore, comprising an entirely fresh issue of 0.19 crore shares. The issue will be listed on BSE and SME on its tentative listing date, 4th February 2026. The Kanishk Aluminium India IPO date is scheduled for 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

IPO Allotment Date	2nd February 2026
IPO Open Date	28th January 2026
IPO Close Date	30th January 2026
Refund Initiation	3rd February 2026
Issue Size	40,00,000 shares(agg. up to ₹29 Cr)
Face Value	₹10 per share
Lot Size	1,600 Shares
Issue Price	₹73 per share
Issue Type	Fixed Price IPO
Listing At	BSE SME
Listing Date	4th February 2026

Kanishk Aluminium India IPO Listing

On the BSE & SME platforms, Kanishk Aluminium India shares are listed at ₹58.40 per share, reflecting a 20% discount over the issue price of ₹73 per share.

About the Kanishk Aluminium India IPO

Kanishk Aluminium India Limited was incorporated in the year 2022. Kanishk Aluminium India Ltd. is a Jodhpur-based company that specialises in a broad range of aluminium extrusion products. The company is based in a state-of-the-art 4,000 sq. meter plant in the “Blue City” of Rajasthan. Kanishk Aluminium caters to a variety of industries such as electronics, automotive, solar, furniture, transport, electrical, and architectural industries with its broad and customised aluminium profile solutions.

Product Offerings:

Aluminium Extrusions: This includes solid and hollow section profiles, solar profiles, heatsinks, railings, sliding/fixed window and door profiles
Engineering Products: This includes channels, sections, flat bars, and tubes in a variety of finishes, tolerances, and tempers.
Hardware & Architectural Solutions: This includes kitchen profiles, railing systems, and other customised architectural applications.

As of November 30, 2025, the company had 46 employees engaged in its operations, quality control, administration, and business activities.

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.

Year Ended	30th Sep 2025 (in cr.)	31st March 2025 (in cr.)	31st March 2024 (in cr.)	31st March 2023 (in cr.)
Assets	60.47	50.50	41.09	37.11
Revenue	29.25	60.13	59.54	59.68
Profit After Tax	2.15	3.04	1.52	1.76
EBITDA	4.08	6.63	4.50	4.06
Net Worth	18.72	16.57	13.53	6.01
Reserves and Surplus	9.28	7.13	7.63	1.11
Total Borrowings	25.55	22.74	20.84	26.45

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.