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Kanishk Aluminium India Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Kanishk Aluminium India Ltd IPO

Registered Office: Plot No.E-849 A Fourth Phase,RIICO Boranda , Jodhpur - 342001 , Rajasthan , India.
Phone : +91 92570 61994   Fax:
Email :  cs@kanishkindia.co.in  
Website :  https://kanishkindia.co.in/
Initial public offering of 40,00,000 equity shares of face value of (Rs)10/- each ("Equity Shares") of Kanishk Aluminium India Limited ("The Company" or "The Issuer") for cash at a price of (Rs)73/- per equity share (Including a Premium of (Rs)63/- per Equity Share) ("Issue Price") Aggregating to (Rs)29.20 crores comprising of fresh issue of 40,00,000 equity shares ("The Issue") of which 2,00,000 equity shares aggregating to (Rs)1.46 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 38,00,000 equity shares at the issue price aggregating to (Rs)27.74 ("Net Issue"). The issue and the net issue will constitute 29.76% and 28.27 % of the post-issue paid-up equity share capital of the company. Price Band: (Rs)73 per equity share of face value (Rs)10/- each. The floor price is 7.3 times of the face value of the equity shares. Bids can be made for a minimum of 3200 equity shares and in multiples of 1600 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
28-Jan-26 30-Jan-26 (Rs)73.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :3200  Further Multiples of :1600

  (Rs Cr) Lead Managers to the Issue
Project Cost 24.62
Sun Capital Advisory Services Private Limited
Project Financed through Current Offer 29.20  
Post Issue Equity Share Capital 13.44  
Issue Price (Rs)73.00  
 
Projects
Repayment / pre-payment, in full or part, of certain borrowings availed by our CompanyGeneral corporate purposes
Branding and Promotion of Company brand, `Baari by Kanishk',
Promoted By
Parmanand Agarwal  
Ashish Agarwal  
Khushboo Agarwal  
Listing At
BSE - SME 
Registrar to the Issue
KFin Technologies Ltd