Kanishk Aluminium India Limited
IPO Details
Subscription
Lot Distribution
Reservation
Company Fin.
₹0(0.00%)
Premium (ELP)
Kanishk Aluminium India Limited's achieved publicly listed status following its IPO debut on Feb 04, 2026 at the BSE platform. The offering successfully mobilized 40,00,000 Shares, with 40,00,000 Shares allocated to corporate growth initiatives.
Investment participation occurred within the established price band of ₹73 to ₹73, starting from minimum lots of 1600 shares. The subscription window from Jan 28, 2026 through Jan 30, 2026 enabled investor participation across market segments.
Share allocation was completed on Feb 02, 2026, determining ownership distribution among successful applicants. The listing represents a milestone achievement, transitioning the company to regulated public market status with associated responsibilities and opportunities.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Incorporated in 2022, Kanishk Aluminium India Ltd. is a Jodhpur-based company engaged in manufacturing aluminium extrusion products from its modern 4,000 sq. metre facility in Rajasthan. The company offers a wide range of customised aluminium profiles used across industries such as electronics, automotive, solar, furniture, transport, electrical, and architecture. Its product range includes solid and hollow aluminium extrusions, solar profiles, heatsinks, window and door profiles, railings, engineering items like channels, flat bars and tubes, as well as kitchen and architectural hardware solutions. As of November 30, 2025, the company had a team of 46 employees managing operations, quality control, administration, and business activities.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Broad Aluminium Product Range: The Company offers a wide variety of aluminium extrusion products and works as a complete solution provider. Its extensive die inventory enables customised profiles for different industries, reducing dependence on any single sector and allowing smooth adjustment to market changes.
- Customised Solutions and Flexible Manufacturing: The Company owns a large number of extrusion dies, allowing it to produce aluminium products in various sizes, shapes, and finishes based on customer requirements. This flexibility helps build long-term customer relationships and supports wider market penetration.
- Robust Raw Material Sourcing Network: The Company has established strong relationships with suppliers to procure primary aluminium ingots and recycled aluminium from domestic as well as international markets. This diversified sourcing network ensures uninterrupted supply, better cost control, and consistent product quality.
- Possible Conflicts with Promoter Group Businesses: Certain Promoter Group entities operate in similar or overlapping business areas, which may create potential conflicts of interest. There is no guarantee that promoter interests will always be aligned with the Company’s interests or that future competition will not arise.
- Earlier Delays in Statutory and Regulatory Filings: The Company has faced delays in GST, PF, and ESIC filings in the past, and PF was earlier not deducted for promoters, directors, or KMPs. Although no penalties have been imposed to date, any future regulatory action or penalties could negatively affect financial performance.
- Past Non-Compliance under the Companies Act: The Company has had instances of discrepancies in filings with the Registrar of Companies and certain non-compliances under the Companies Act. These issues may lead to penalties and could impact the Company’s operations and financial position.
- Mr. Parmanand Agarwal
- Mrs. Khusboo Agarwal
- Mr. Ashish Agarwal
Kanishk Aluminium India Limited
Kfin Technologies Limited