IPO SYNOPSIS

Kanishk Aluminium India Ltd
Registered Office:
Plot No.E-849 A Fourth Phase,RIICO Boranda,
Jodhpur - 342001,
Rajasthan, India.
Initial public offering of 40,00,000 equity shares of face value of (₹)10/- each ("Equity Shares") of Kanishk Aluminium India Limited ("The Company" or "The Issuer") for cash at a price of (₹) 73/- per equity share (Including a Premium of (₹) 63/- per Equity Share) ("Issue Price") Aggregating to (₹) 29.20 crores comprising of fresh issue of 40,00,000 equity shares ("The Issue") of which 2,00,000 equity shares aggregating to (₹) 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 (₹) 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: (₹) 73 per equity share of face value (₹) 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
73.00-0.00
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
29.20
 
Post Issue
13.44
 
Issue Price
73.00
 
Projects
Repayment / pre-payment, in full or part, of certain borrowings availed by our Company
Branding and Promotion of Company brand, `Baari by Kanishk',
General corporate purposes
Promoted By
Parmanand Agarwal
Ashish Agarwal
Khushboo Agarwal
Listing At
BSE - SME
Registrar to the Issue
No Data Available!!!
A+ | A | A-
×
Let's Chat
Chat with us
close
refresh
close
refresh