Kanohar Electricals IPO allotment is scheduled for Friday, 11 September 2026. This guide explains when allotment should be visible, where to check it, and what happens after allotment.

Key Takeaways

  • Allotment date: expected to be finalised on Friday, 11 September 2026.
  • Registrar: MUFG Intime India Pvt. Ltd. — check status there first, or via BSE/NSE.
  • Listing date: tentatively set for Wednesday, 16 September 2026 on both BSE and NSE.
  • Price band and lot size: ₹601–₹632 per share, in lots of 23 shares.
  • Issue structure: a ₹1,056 crore issue combining a ₹300 crore fresh issue and a ₹755.74 crore offer for sale by a promoter family trust.
  • Use of proceeds: the fresh-issue portion funds capital expenditure and working capital; the large OFS portion pays the selling promoter trust, not the company.

Kanohar Electricals IPO: Key Details at a Glance

IPO NameKanohar Electricals Limited
Issue TypeMainboard
Listing AtBSE & NSE
Price Band₹601 – ₹632 per share
Face Value₹2 per share
Lot Size23 shares
Minimum Retail Investment₹14,536 (23 shares at the upper price band)
Issue Size₹1,056 crore (fresh issue of ₹300 crore plus an offer for sale of ₹755.74 crore)
Offer for Sale ByK.Sons Family Trust (promoter group) — ₹755.74 crore
Lead ManagersNuvama Wealth Management Ltd., IIFL Capital Services Ltd.
RegistrarMUFG Intime India Pvt. Ltd.

What Is the Kanohar Electricals IPO Timeline?

Bid OpensTuesday, 8 September 2026
Bid ClosesThursday, 10 September 2026
Basis of Allotment (Expected)Friday, 11 September 2026
Refund Initiation (Non-Allottees)Tuesday, 15 September 2026
Credit of Shares to DematTuesday, 15 September 2026
Listing Date (Tentative)Wednesday, 16 September 2026

When Will Kanohar Electricals IPO Allotment Be Out?

Kanohar Electricals IPO bidding closes on Thursday, 10 September 2026. Under SEBI’s standard T+1 timeline, the registrar is expected to finalise the basis of allotment the next working day — Friday, 11 September 2026. Refunds for non-allottees (ASBA amounts unblock automatically; other payment modes receive an actual refund) and the credit of shares to allottees’ demat accounts are expected on Tuesday, 15 September 2026, later than a simple weekend adjustment would suggest, since the exchanges’ trading and settlement calendar around 12–14 September 2026 (the weekend plus a market holiday) pushes these steps out by an extra working day. Listing on BSE and NSE is tentatively set for Wednesday, 16 September 2026.

How to Check Kanohar Electricals IPO Allotment Status

Method 1: Via MUFG Intime India Pvt. Ltd. (Registrar)

MUFG Intime India Pvt. Ltd. is the official registrar for this IPO and the fastest source for allotment data, since it manages the process directly.

  • Visit the MUFG Intime India Pvt. Ltd. IPO allotment status page.
  • Select “Kanohar Electricals Limited” from the company dropdown.
  • Choose your verification method — PAN, Application Number, or DP/Client ID.
  • Enter the details and submit to view your allotment status.

Method 2: Via BSE

  • Visit the BSE Application Status Check page.
  • Select “Kanohar Electricals Limited” as the issue name.
  • Enter your Application Number and PAN.
  • Submit to view your status. Data stays available on BSE for about a week after issue closure.

Method 3: Via NSE

  • Visit NSE’s bid verification page.
  • Complete one-time registration with your PAN if you haven’t already.
  • Select “Kanohar Electricals Limited” and view your application status.

How Is the Basis of Allotment Decided?

The basis of allotment follows SEBI’s standard framework and is the same across mainboard IPOs, including Kanohar Electricals. In the retail category, if the issue is oversubscribed, allotment is done through a computerised lottery (draw of lots), so each successful applicant gets at least one full lot rather than a partial allocation. In the NII and QIB categories, allotment is proportionate to the shares bid for, subject to the rounding rules the registrar applies when a category is oversubscribed.

What Happens If You’re Not Allotted Shares?

If you don’t receive an allotment in the Kanohar Electricals IPO, the ASBA amount blocked in your bank account is unblocked automatically; no separate refund request is needed. This is expected around Tuesday, 15 September 2026, the same day allotted shares are credited to successful applicants’ demat accounts. If you applied through a payment mode other than ASBA, the actual refund follows the same timeline.

What Will Kanohar Electricals Do With the IPO Proceeds?

Kanohar Electricals’ IPO combines a ₹300 crore fresh issue with a ₹755.74 crore offer for sale, and the two pools of money go to very different places. The fresh issue proceeds go to the company: per the RHP, around ₹64.18 crore is earmarked for capital expenditure and ₹155 crore for incremental working capital requirements, with the remainder for general corporate purposes. The ₹755.74 crore offer-for-sale portion, by contrast, doesn’t fund the company at all; it goes directly to the selling shareholder, K.Sons Family Trust, part of the promoter group.

What Is Kanohar Electricals Limited?

Kanohar Electricals, headquartered in Meerut, Uttar Pradesh, is a manufacturer of heavy electrical equipment, serving India’s power transmission and distribution sector. The company is promoted by six members of the Singhal family, Dinesh Singhal, Adesh Singhal, Vivek Singhal, Abhishek Singhal, Virat Singhal, and Aditya Singhal, who together held over 95% of the company before the IPO. Its revenue grew 45%, and profit after tax nearly doubled between FY2025 and FY2026, and the promoter family trust selling shares in the offer for sale continues to hold the large majority of the company after listing.

FAQs

When will Kanohar Electricals IPO allotment be announced?

The basis of allotment for the Kanohar Electricals IPO is expected to be finalised on Friday, 11 September 2026, a day after bidding closes on 10 September 2026.

How do I check Kanohar Electricals IPO allotment status without an application number?

You can check the status using your PAN or DP/Client ID instead of the application number on the MUFG Intime registrar page, BSE’s Application Status Check page, or NSE’s bid verification page.

Who is the registrar for the Kanohar Electricals IPO?

MUFG Intime India Pvt. Ltd. is the official registrar for the Kanohar Electricals IPO.

Who are the lead managers for the Kanohar Electricals IPO?

Nuvama Wealth Management Ltd. and IIFL Capital Services Ltd. are the book-running lead managers for the issue.

When will Kanohar Electricals IPO list, and on which exchanges?

Kanohar Electricals is tentatively set to list on both BSE and NSE on Wednesday, 16 September 2026.

What happens if I don’t get allotment in the Kanohar Electricals IPO?

If you’re not allotted shares, the ASBA amount blocked in your bank account is unblocked automatically, expected around Tuesday, 15 September 2026, the same day shares are credited to allottees’ demat accounts.

How is the basis of allotment decided for an oversubscribed IPO like Kanohar Electricals?

If the retail category is oversubscribed, allotment is decided through a computerised lottery, so each successful applicant gets at least one full lot. NII and QIB categories are allotted proportionately to the shares bid for.

What will Kanohar Electricals do with the IPO proceeds?

The ₹300 crore fresh issue goes to the company, around ₹64.18 crore for capital expenditure and ₹155 crore for working capital, with the balance for general corporate purposes. The ₹755.74 crore offer-for-sale portion goes to selling shareholder K.Sons Family Trust, part of the promoter group, not the company.

Is there an offer-for-sale component in the Kanohar Electricals IPO?

Yes. Of the ₹1,056 crore issue, ₹300 crore is a fresh issue of new shares and ₹755.74 crore is an offer for sale by K.Sons Family Trust, part of the company’s promoter group.

What does Kanohar Electricals do?

Kanohar Electricals, based in Meerut, Uttar Pradesh, manufactures heavy electrical equipment for India’s power transmission and distribution sector.