Kanishk Aluminium IPO Date & Price 2026
Kanishk Aluminium India IPO Date Explained
Ever wondered how a small aluminium maker from Rajasthan could shake up the stock market? The Kanishk Aluminium India IPO date is right around the corner, and it's got everyone talking.
Discover the Kanishk Aluminium India IPO date (Jan 28-30, 2026), Kanishk Aluminium India IPO price (₹73/share), lot size, and why it's buzzing. Plus, top stock market course in India tips for beginners investing in IPOs like this.
What is Kanishk Aluminium India IPO?
Imagine a local hero stepping onto the big stock market stage – that's Kanishk Aluminium India Ltd. This Jodhpur-based firm is launching its initial public offering (IPO) on the BSE SME platform, raising up to ₹29.20 crores entirely through fresh shares.
No offer for sale here; it's all about fueling growth. You, as a retail investor, get a fair shot at 47.52% of the shares.
It's not just numbers; think of it as giving everyday folks like us a piece of a growing aluminium empire. The promoters – Parmanand Agarwal, Ashish Agarwal, and Khushboo Agarwal – hold nearly 100% pre-IPO, dropping to about 70% post-issue.
Kanishk Aluminium India IPO Date Details
The Kanishk Aluminium India IPO date kicks off today – opening on January 28, 2026, and closing on January 30, 2026. Allotment finalizes on February 2, refunds and demat credits on February 3, and listing hits February 4 on BSE SME.
Why the rush? It's timed perfectly amid market optimism. Have you checked your demat account yet? Missing the window means waiting for listing gains – or losses.
Kanishk Aluminium India IPO Price Breakdown
At ₹73 per share (face value ₹10), the Kanishk Aluminium India IPO price feels accessible yet promising. That's fixed – no band drama. Post-issue market cap? Around ₹98 crore.
Compare it to peers; it's trading at a P/E of about 19 post-IPO, with EPS rising to ₹3.84. Affordable entry for dreamers eyeing aluminium boom in solar and auto sectors.
Lot Size and Minimum Investment
Lot size is 1,600 shares, but retail minimum? 3,200 shares (2 lots) at ₹2,33,600. HNIs start at 4,800 shares (₹3,50,400). Market makers get 2 lakh shares.
Category
Min Shares
Amount (₹)
Retail
3,200
2,33,600
HNI
4,800
3,50,400
Big chunk for beginners? Yes, but think long-term – like buying a plot in a hot area.
Company Background Story
Born in 2018 as a private extrusions firm, Kanishk flipped to public in 2024. From a 4,000 sqm plant in RIICO Boranda, Jodhpur, they craft profiles for electronics, autos, solar frames, doors, and more.
Launched 'Baari by Kanishk' in 2024 for premium doors/windows – sliding, casement, you name it. 46 employees strong as of Nov 2025, with in-house fab and partner treatments. It's the underdog story we love.
Financial Health Check
Revenue steady: ₹59.54 Cr (FY24), ₹60.13 Cr (FY25), with PAT up to ₹3.04 Cr. EBITDA ₹6.63 Cr in FY25.
Year
Revenue (₹ Cr)
PAT (₹ Cr)
Net Worth (₹ Cr)
FY23
59.68
1.76
6.01
FY24
59.54
1.52
13.53
FY25
60.13
3.04
16.57
ROE at 20.21% FY25 – solid for SME. Debt lingers at ₹22 Cr, but IPO clears much.
IPO Objectives Unveiled
Funds split smartly: ₹19.50 Cr repays debt, ₹0.80 Cr boosts 'Baari' branding, ₹4.32 Cr general purposes (capped). Rest? Expenses like marketing (₹3.43 Cr).
Like refinancing your home loan to renovate – debt down, growth up.
How to Apply Step-by-Step
Ready? Log into your broker (Zerodha, Upstox), select IPO, enter lots, UPI mandate. Registrar: KFin Tech . Lead: Sun Capital.
- Check eligibility (PAN, demat).
- Bid before 30th Jan close.
- Confirm UPI in 24 hrs.
ASBA or UPI – easy peasy.
Subscription Status Update
As of now (Jan 29), it's live – check Chittorgarh for real-time. Early days, but SMEs often oversubscribe. Retail/NII split even at ~19 lakh shares each.
Grey Market Premium Buzz
GMP? Hovering – whispers of premium today. Means listing pop potential. But grey market's risky; don't bet the farm.
Risks You Should Know
Aluminium prices volatile, competition fierce, debt heavy pre-IPO. SME illiquid post-list. Regulators warn: Invest what you can lose. Question: Is your risk appetite ready?
Why Invest Now?
Aluminium demand soaring – EVs, solar, infra. Kanishk's custom edge + brand launch = growth rocket. ROCE 14.61%, PAT margins improving. Perfect for portfolio diversification.
Stock Market Course in India Essentials
New to this? A stock market course in India is your map. Covers IPOs, analysis – vital before jumping like Kanishk. Why? 65k+ learners swear by structured learning over YouTube roulette.
Top Picks for Beginners
IFMC Institute tops: Online NSE-aligned, Hindi/English, NISM prep, ₹5k-20k range. Booming Bulls for practical trading. Delhi/Noida classes too.
- Beginner basics: Technical/fundamental analysis.
- Live examples, certs, job-ready.
Enroll now – pair with Kanishk watch.
Read: Stock Market Courses in India: A Complete Guide for
Future Outlook
Post-IPO, debt slash boosts margins. Solar/auto tailwinds strong. Listing Feb 4 – watch for 20-30% pop? But markets humble fast.
There you have it – Kanishk Aluminium India IPO date is your ticket to potential gains, but arm with knowledge. Whether applying or learning via a stock market course in India, stay smart. What's your move?
FAQs
1. What is the exact Kanishk Aluminium India IPO date?
It opens January 28, 2026, closes January 30, 2026.
2. What is the Kanishk Aluminium India IPO price?
Fixed at ₹73 per share.
3. How much minimum to invest in Kanishk Aluminium India IPO?
₹2,33,600 for retail (3,200 shares).
4. When will Kanishk Aluminium shares list?
Tentative February 4, 2026, on BSE SME.
5. Which is a good stock market course in India for IPOs?
Trendy Traders Academy's online courses – beginner-friendly with certs and live trades.