Kanohar Electricals Limited
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Having completed its public offering, Kanohar Electricals Limited's is now listed and trading on the NSE, BSE exchange as of Sep 16, 2026. The IPO raised cumulative capital of 1,67,04,750 Shares, including 47,46,835 Shares in primary capital infusion and ₹755.74 Cr in secondary market transactions.
The IPO was conducted with a price range of ₹601 to ₹632 and minimum investment requirement of 23 shares. subscription activity between Sep 08, 2026 and Sep 10, 2026 reflected market assessment of the offering's valuation and prospects.
The allotment process finalized on Sep 11, 2026 distributed equity ownership to successful bidders. The listing established a transparent market mechanism for share trading, price discovery, and investor participation in the company's future growth.
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.
Kanohar Electricals Limited, established in 1972, is a transformer manufacturing company serving sectors like power transmission, railways, renewable energy, and power distribution. The company operates through two main segments—transformer manufacturing and EPC services—and is among the few manufacturers in India certified by RDSO for producing high-capacity 100 MVA 132 kV Scott transformers. It runs two manufacturing units in Meerut with a combined capacity of 19,200 MVA and has a strong presence across India through regional offices in major cities. With a workforce of around 500 employees, the company caters to a wide range of clients nationwide, supporting infrastructure and energy development.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Established Transformer Manufacturer: With over 40 years of experience, the company is one of India’s leading transformer manufacturers. It serves growing sectors such as power transmission, railways, renewable energy and power distribution.
- Capability to Manufacture High-Value Transformers: The company has successfully completed short-circuit testing for transformers up to 500 MVA and 400 kV at reputed laboratories such as CPRI and NHPTL, demonstrating its ability to manufacture reliable, high-capacity transformers.
- Integrated Transformer & EPC Business: The company operates in both transformer manufacturing and EPC services, offering complete solutions. Its EPC capabilities include substations and transmission lines up to 400 kV, helping it serve a wider power infrastructure market.
- Dependence on Transformer Manufacturing: A significant part of the company’s revenue comes from transformer manufacturing. Any decline in demand for transformers could negatively affect its business and financial performance.
- Dependence on Government Policies & Transmission Utilities: The company depends heavily on orders from power transmission utilities, including state-owned companies. Changes in government policies or a slowdown in the power sector could affect demand and business performance.
- Dependence on Government Tenders: A significant portion of revenue comes from government tenders. The company may face challenges in qualifying, winning bids or maintaining the required eligibility, which could affect future revenue and growth.
- Dinesh Singhal
- Adesh Singhal
- Vivek Singhal
- Abhishek Singhal
- Virat Singhal
- Aditya Singhal
Kanohar Electricals Limited
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