Kanohar Electricals Limited

Minimum Investments

₹13,823

Price Range

₹601 - ₹632

Issue Size

₹1,055.74 Cr

Lot Size

23shares

Proceeds of this IPO to be used for

Funding the capital expenditure requirements of the company towards purchase of new machinery and equipment for the manufacturing facility located in Meerut, Uttar Pradesh

Funding the capital expenditure requirements of the company towards civil construction and interior development of an office building at the Gangol manufacturing facility

Funding the capital expenditure requirements of the company towards enhancing the sustainability initiatives by setting up of solar power plants at their manufacturing facility located in Rithani, Meerut, Uttar Pradesh and Gangol Manufacturing Facility, and purchasing electric trucks and forklifts for handling and movement at the Gangol manufacturing facility.

Funding incremental working capital requirements of the company

General corporate purposes

Strengths & Weaknesses

Transformer testing capability

The company has conducted large-scale short-circuit testing for over 200 transformer ratings at reputed government laboratories, ensuring high safety and reliability standards. It holds rare certifications for 500 MVA 400 kV transformers and RDSO approval, enabling participation in large, high-value power and railway projects

EPC services

The company expanded into EPC services for substations and transmission lines to increase its presence in power transmission and distribution. This integration allows it to offer single-window turnkey solutions alongside transformer manufacturing for projects up to 400 kV

Integrated manufacturing facilities

The company operates two backward-integrated manufacturing facilities in Meerut with a total capacity of 19,200 MVA, capable of producing transformers up to 500 MVA and 400 kV. It also manufactures customized high-quality transformers and offers advanced, environmentally friendly GIS solutions through in-house technology and a technical collaboration

Dependent on transmission utilities

The company’s transformer manufacturing business derives a significant share of revenue from supplying power transformers to state transmission utilities. Demand is closely linked to government policies and power sector growth, and any policy changes or economic slowdown could adversely impact operations and financial performance

Project execution & cost over-run risks

The company’s EPC projects for transmission lines and substations involve long execution periods, exposing it to risks of time and cost overruns. Delays due to regulatory, operational, financial, or external factors may lead to penalties, claims, and adverse impacts on profitability and financial performance

Liability risks

The company operates under strict quality standards and inspections, and any failure to maintain product or supplier quality may lead to order cancellations, recalls, or liability claims. Product defects causing injury or damage could adversely impact operations, reputation, and overall financial performance

Financials

Income Statement

Also called a profit and loss statement, an income statement shows a company’s income, expenses, and how much profit or loss it has made over a specific accounting period. It provides a clear view of how well the business is running.

Particulars (in Cr)	Mar 2026	Y/Y Change
Operating Revenue	653.84	+45.10%
Other Income	9.02	+35.03%
Total Income	662.86	+44.95%
Total Expenditure	489.29	+32.42%
EBIDT	189.44	+89.29%
Depreciation	2.96	+2.78%
Interest	12.91	+37.34%
Tax	43.84	+93.38%
Net Profit	129.73	+99.22%

Balance Sheet

A balance sheet is a financial statement that details a company’s assets, liabilities, and shareholders’ equity at a given time. It helps assess how financially strong and stable the company is.

Particulars (in Cr)	Mar 2026
Total Current Assets	537.08
Total Non-Current Assets	76.84
Fixed assets	45.43
Total Assets	613.93
Total Current liabilities	214.58
Total Non Current Liabilities	26.51
Total Equity Plus Liabilities	613.93
Total Shareholder Funds	372.84
Total Debt to Equity	10.00%

Cash Flow

Cash flow highlights the cash or cash equivalents moving in and out of a company during a particular period. It provides a clear picture of how well a company manages its cash by tracking its operating, investing and financing activities.

Particulars (in Cr)	Mar 2026
Cash from Operating Activity	25.84
Cash from Financing Activities	-4.15
Cash from Investing Activities	-21.95
Net Cash Flow	-0.25

About the Company

Kanohar Electricals was incorporated on November 13, 1972. The company is a leading domestic transformer manufacturer serving high-growth sectors such as power transmission, railways, renewable energy, and power distribution. It holds rare industry certifications, including short-circuit testing for large transformers and RDSO approval, demonstrating strong technical capabilities and industry leadership

Promoter
Dinesh Singhal
Promoter
Adesh Singhal
Promoter
Vivek Singhal
Promoter
Abhishek Singhal
Promoter
Virat Singhal
Promoter
Aditya Singhal

FAQs for Kanohar Electricals Limited IPO

Kanohar Electricals Limited IPO refers to the initial public offering of shares by Kanohar Electricals Limited. It is a process by which the company offers its shares to the public for the first time, allowing individuals to become shareholders.

For Kanohar Electricals Limited IPO the issue size is ₹1,056 Cr. The issue size is the total value of the shares offered to the public. It represents the amount the company aims to raise through the IPO.

For Kanohar Electricals Limited IPO the minimum investment is ₹13.8 K. The minimum investment for Kanohar Electricals Limited IPO is the smallest amount an individual can invest to participate in the offering. It is usually determined by the company and regulatory requirements.

For Kanohar Electricals Limited IPO the lot size is 23 shares. The lot size of Kanohar Electricals Limited IPO refers to the number of shares that investors need to bid for and purchase in a single transaction. It is predetermined by the company and regulators.

To apply for Kanohar Electricals Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the Kanohar Electricals Limited IPO from the list and click on apply now. Place your bids or choose the Cut-off Price option. Enter your UPI ID and set up your mandate to place your application.

Yes, investors can often pre-apply for some of the IPOs. Pre-application allows individuals to express their interest in participating in the IPO before the official subscription period begins. To pre- apply for Kanohar Electricals Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the Kanohar Electricals Limited IPO from the list and click on pre-apply now. Once the IPO opens for subscription you can enter your UPI ID and set up your mandate to place your application.

The IPO application window typically remains open for 3 days, starting from the date of the IPO opening. However, this duration can vary depending on the specific IPO and the regulatory requirements.

You can apply for the IPO till 3 PM on the last day of application on Share.Market.

For Kanohar Electricals Limited IPO the allotment date is 11 Sep 2026. The allotment date of Kanohar Electricals Limited IPO is the date on which shares are allocated to the successful bidders. It marks the distribution of shares to investors.

For Kanohar Electricals Limited IPO, the subscription opens on 08 Sep 2026 and closes on 10 Sep 2026. The open and close dates of an IPO indicate the period during which investors can submit their bids to participate in the offering.