GMP IPO Watch
Kanishk Aluminium IPO: A Strategic Bet on the 'Blue City's' Industrial Growth?
Kanishk Aluminium India Limited, a Jodhpur-based manufacturer of aluminium extrusions and ...
Read Article
K
SME IPO
LISTED
NSE, BSE
KANISHK
Kanishk Aluminium India IPO
Kanishk Aluminium India IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
Live GMP Today
₹-14.6
-20.0%
Est. Listing: ₹58.40
Price Band
₹73
Per equity share
Lot Size
1600 Shares
Min Invest: ₹2,33,600
Issue Size
₹73 Cr
Total Public Offering
Issue Dates
27 January 2026 – 29 January 2026
Bidding period
Subscription
—
Total overall demand
Kanishk Aluminium India IPO Details
Key facts at a glance| IPO Open Date | 27 January 2026 | IPO Close Date | 29 January 2026 |
|---|---|---|---|
| Basis of Allotment | TBA | Listing Date | 3 February 2026 |
| Price Band | ₹73 per share | Face Value | ₹10 per share |
| Market Lot Size | 1600 Shares | Min Investment (Retail) | ₹2,33,600 |
| Total Issue Size | ₹73 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | — | Offer for Sale (OFS) | — |
| Listing At | NSE, BSE | Issue Category | SME Issue |
| Registrar | TBA | ||
Kanishk Aluminium India IPO Timetable (Tentative Dates)
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 27 January 2026 | Confirmed |
| IPO Close Date | 29 January 2026 | Confirmed |
| Basis of Allotment | TBA | Tentative |
| Initiation of Refunds | TBA | Tentative |
| Credit of Shares to Demat | TBA | Tentative |
| IPO Listing Date | 3 February 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 5:00 PM on Closing Day | Deadline |
* Note: Timelines are tentative and subject to regulatory confirmation. UPI mandate approvals must be completed by 5:00 PM on the IPO closing day.
Kanishk Aluminium India IPO Lot Size & Investment Details
Application limits for Retail and HNI investors| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 2 Lots | 3,200 Shares | ₹2,33,600 |
| Retail (Max) | 2 Lots | 3,200 Shares | ₹2,33,600 |
| S-HNI (Min) | 3 Lots | 4,800 Shares | ₹3,50,400 |
| S-HNI (Max) | 8 Lots | 12,800 Shares | ₹9,34,400 |
| B-HNI (Min) | 9 Lots | 14,400 Shares | ₹10,51,200 |
Kanishk Aluminium India IPO Live GMP & Movement History
Daily unofficial grey market trends
Current Grey Market Premium
₹-14.6 -20.0%
Estimated Listing Price
₹58.40
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 2 Feb 2026 | ₹4 | ₹77.00 | +5.48% |
| 30 Jan 2026 | ₹7 | ₹80.00 | +9.59% |
Disclaimer: Grey Market Premium (GMP) figures are purely unofficial and indicative rates traded in the unregulated grey market. GMP is highly volatile and does not guarantee the actual listing price. Always consult a SEBI registered investment advisor before bidding.
Kanishk Aluminium India IPO Subscription Status
Demand breakdown by investor category
Retail
—
QIB
—
NII / HNI
—
Total
—
About Kanishk Aluminium India
Kanishk Aluminium IPO Market Lot
| Application | Lot Size | Shares | Amount (₹) |
|---|---|---|---|
| Retail Minimum | 1 | 3,200 | 2,33,600 |
| Retail Maximum | 1 | 3,200 | 2,33,600 |
| S‑HNI Minimum | 1.5 | 4,800 | 3,50,400 |
Kanishk Aluminium India IPO Reservation & Share Quotas
| Investor Category | Shares Offered | Percentage (%) |
|---|---|---|
| Anchor Investors | – | – |
| QIB (Ex‑Anchor) | – | – |
| NII | 18,99,200 | 47.48% |
| Retail | 19,00,800 | 47.52% |
Kanishk Aluminium India IPO Important Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 28 Jan 2026 |
| IPO Close Date | 30 Jan 2026 |
| Basis of Allotment | - |
| Refunds | - |
| Credit to Demat Account | - |
| IPO Listing Date | 04 Feb 2026 |
Note: The timeline for ಕನಿಷ್ಕ್ ಅಲ್ಯೂಮಿನಿಯಂ, ಭಾರತ IPO is tentative and subject to change.
Kanishk Aluminium India Promoters and Shareholding Pattern
| Particulars | Shares | Shareholding (%) |
|---|---|---|
| Promoter Holding (Pre Issue) | 94,40,000 | 99.99% |
| Promoter Holding (Post Issue) | 1,34,40,000 | 70.24% |
Kanishk Aluminium India Objects of the Issue & Utilisation of Proceeds
To Be Updated Soon
About Kanishk Aluminium IPO
Established in 2022, Kanishk Aluminum India is one of the growing companies engaged in manufacturing a wide range of aluminium extrusion products. The company’s product portfolio includes solid & hollow section profiles, solar profiles, railings, heatsinks, and sliding/fixed window and door profiles.
Its products cater to multiple industries such as electronics, automotive, mechanical, solar, furniture, transport, electrical, and architectural segments. The firm focuses on delivering superior‑quality products and services at affordable prices.
Kanishk Aluminium operates from a 4,000 square meters manufacturing facility located in Jodhpur, Rajasthan, also known as the vibrant Blue City. The company sources its primary raw material, aluminium, from pure aluminium ingots and recycled aluminium products, supporting both quality consistency and sustainable practices.
Its products cater to multiple industries such as electronics, automotive, mechanical, solar, furniture, transport, electrical, and architectural segments. The firm focuses on delivering superior‑quality products and services at affordable prices.
Kanishk Aluminium operates from a 4,000 square meters manufacturing facility located in Jodhpur, Rajasthan, also known as the vibrant Blue City. The company sources its primary raw material, aluminium, from pure aluminium ingots and recycled aluminium products, supporting both quality consistency and sustainable practices.
Kanishk Aluminium India Company Financial Report
To Be Updated Soon
Kanishk Aluminium India Company Valuation & Key Performance Indicators
To Be Updated Soon
Kanishk Aluminium India Peer Group Comparison
To Be Updated Soon
Kanishk Aluminium India IPO FAQs
Kanishk Aluminium India IPO opens for subscription on 27 January 2026 and closes on 29 January 2026.
The price band for Kanishk Aluminium India IPO is set at ₹73.00 per share.
The minimum market lot size is 1600 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 3,200 Shares (₹2,33,600).
The latest Grey Market Premium (GMP) for Kanishk Aluminium India IPO is ₹-14.60. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for Kanishk Aluminium India IPO is tentatively scheduled for TBA, and shares are expected to list on the stock exchanges on 3 February 2026.
The registrar details will be confirmed in the official prospectus.
Kanishk Aluminium India IPO Analysis & Articles