Kanohar Electricals IPO – Complete Overview
Kanohar Electricals IPO is a Mainboard IPO with an issue size of approximately ₹1,055.74 Cr by Kanohar Electricals Limited, a manufacturer of transformers serving industries including power transmission, railways, renewable energy and power distribution.
The company operates through two major business segments:
- Transformer Manufacturing: Manufactures transformers for power transmission, distribution, railways and renewable energy applications.
- Engineering, Procurement and Construction (EPC): Provides EPC-related solutions associated with its electrical infrastructure business.
Kanohar Electricals was incorporated in 1972 and operates manufacturing facilities at Rithani and Gangol in Meerut, Uttar Pradesh. As of March 31, 2026, the combined transformer manufacturing capacity of its facilities was 19,200 MVA.
This company is also one of four manufacturers in India certified by the Research Designs and Standards Organisation (RDSO) for manufacturing 100 MVA 132 kV Scott transformers.
The Kanohar Electricals IPO is scheduled to open for subscription on Sep 08, 2026, and will close on Sep 10, 2026.
Kanohar Electricals IPO Details
Kanohar Electricals IPO is a book-built issue comprising a combination of a fresh issue of 47.47 lakh shares aggregating to ₹300 Cr, and an offer for sale of 1.20 crore shares aggregating to ₹755.74 Cr.
The tentative Kanohar Electricals IPO listing date is Sep 16, 2026, with the shares proposed to be listed on the BSE and NSE.
The Kanohar Electricals IPO price band has been fixed at ₹601 to ₹632 per share, while the IPO lot size is 23 shares.
IPO Timetable (Tentative)
The Kanohar Electricals IPO date is from Sep 08 to Sep 10, 2026. The IPO allotment is expected on Sep 11, 2026, while refunds and credit of shares are expected on Sep 15, followed by listing on Sep 16, 2026.
|
Events |
Date |
|
IPO Opening Date |
Sep 08, 2026 |
|
IPO Closing Date |
Sep 10, 2026 |
|
IPO Allotment Date |
Sep 11, 2026 |
|
Refund Initiation |
Sep 15, 2026 |
|
Credit of Shares |
Sep 15, 2026 |
|
IPO Listing Date |
Sep 16, 2026 |
Kanohar Electricals Company Overview
Kanohar Electricals Limited was incorporated in 1972 and is engaged in the manufacturing of transformers in India.
The company caters to several critical sectors, including:
- Power transmission
- Power distribution
- Railways
- Renewable energy
The business is divided into transformer manufacturing and engineering, procurement and construction (EPC).
Kanohar Electricals operates two manufacturing facilities in Rithani and Gangol, Meerut, Uttar Pradesh, with a combined transformer manufacturing capacity of 19,200 MVA as of March 31, 2026.
The company also has five regional offices across Delhi NCR , Mumbai, Kolkata, Bengaluru and Chennai and employs more than 526 employees.
If you want to apply for the IPO, click to open a Demat Account.
Kanohar Electricals IPO Industry Overview & Outlook
Kanohar Electricals operates in the heavy electrical equipment and transformer manufacturing industry, where demand is linked to power transmission, distribution, railway electrification, renewable energy, and broader infrastructure development.
The company's exposure to multiple end-use sectors provides it with a diversified customer and application base. Its transformer manufacturing capabilities are particularly relevant to India's growing electricity transmission and distribution infrastructure.
However, the company's performance remains dependent on factors such as infrastructure spending, raw-material costs, project execution, power-sector investment and overall economic conditions.
Kanohar Electricals Company Financial Performance
Kanohar Electricals has reported strong growth in revenue and profitability over the recent financial years.
According to the provided restated financial information, revenue increased by 45% and PAT increased by 99% between FY2025 and FY2026.
Kanohar Electricals – Profit & Loss
Amount in ₹ Cr
