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Kanishk Aluminium India Limited, established in 2018, is a manufacturer of a diverse range of aluminium extrusion products. Its offerings include solid and hollow section profiles, solar profiles, railings, and heatsinks, serving various sectors such as electronics, automotive, mechanical, solar, furniture, and architecture. The company operates from its manufacturing facility in Jodhpur, Rajasthan, and is ISO 9001:2015 certified. In 2024, Kanishk Aluminium launched 'Baari by Kanishk', a premium brand specializing in aluminium system doors and windows, marking its expansion into the consumer-facing market.
Jan 28, 2026
Jan 30, 2026
Feb 04, 2026
SME
Closed
29.2 Cr
29.2 Cr
0 Cr
₹73 - ₹73
1600
Our Company intends to utilize the Net Proceeds for the following objects:
Repayment or pre-payment, in full or part, of certain borrowings availed by the company, amounting to ₹19.50 crores, to reduce outstanding debt and strengthen the balance sheet.
Funding branding and promotional activities for the company's premium brand, ‘Baari by Kanishk’, with an allocation of ₹0.7975 crores to increase market visibility and customer outreach.
Allocation of ₹4.318 crores towards general corporate purposes, which may include strategic initiatives, strengthening marketing efforts, and meeting working capital requirements.
22.66
3.22
29.21%
19.92%
29.21%
—
17.62%
33.55%
3.68
In-house manufacturing capabilities, including a dedicated die shop, ensure precision, quality control, and rapid development of customized aluminium profiles.
Offers a diverse and comprehensive product portfolio, including the premium 'BAARI BY KANISHK' brand, catering to a wide range of industries and customer needs.
Strong reputation for delivering high-quality, cost-effective aluminium products to various sectors like architecture, automotive, and solar.
Led by an experienced management team with over four decades of deep industry expertise, driving strategic growth and innovation.
High dependency on a limited number of key customers for a significant portion of its revenue, posing a concentration risk.
Significant reliance on a small group of suppliers for raw materials, which could lead to potential supply chain vulnerabilities.
Profitability is susceptible to the price volatility of aluminium, which is a primary raw material and can impact production costs.
Revenue is geographically concentrated in the states of Rajasthan, Uttar Pradesh, and Delhi, making the business vulnerable to regional economic slowdowns.
Capitalize on the growing market demand for premium, sustainable, and energy-efficient aluminium door and window systems.
Expand presence in global markets by leveraging existing product quality, customization capabilities, and innovative designs.
Adopt automation and advanced technologies in manufacturing and packaging to enhance operational efficiency, reduce costs, and improve scalability.
Forge strategic collaborations with real estate developers, architects, and construction firms to secure large-scale projects and expand the customer base.
Faces intense competition from both large established players and smaller unorganized participants in the aluminium extrusion industry.
Economic uncertainties and downturns could lead to reduced consumer and industrial spending on construction and building materials.
Evolving environmental and safety regulations may require increased investment in compliance and adjustments to production practices.
Potential disruptions in the global supply chain for aluminium and other key raw materials could negatively impact production timelines and costs.
Kanishk Aluminium India Limited, established in 2018, is a manufacturer of a diverse range of aluminium extrusion products. Its offerings include solid and hollow section profiles, solar profiles, railings, and heatsinks, serving various sectors such as electronics, automotive, mechanical, solar, furniture, and architecture. The company operates from its manufacturing facility in Jodhpur, Rajasthan, and is ISO 9001:2015 certified. In 2024, Kanishk Aluminium launched 'Baari by Kanishk', a premium brand specializing in aluminium system doors and windows, marking its expansion into the consumer-facing market.
The Kanishk Aluminium India Ltd. IPO is scheduled to open for subscription on Jan 28, 2026 and close on Jan 30, 2026. Investors can apply for shares during this period through eligible platforms.
The price band for the Kanishk Aluminium India Ltd. IPO is ₹73 to ₹73. Investors can place bids within this range once the issue opens.
The minimum lot size for the Kanishk Aluminium India Ltd. IPO is 1600 shares. The minimum investment amount ₹1,16,800.
The total issue size of the Kanishk Aluminium India Ltd. IPO is approximately ₹29.20. Issue size represents the total value of shares offered to the public.
As per the latest available information, the Kanishk Aluminium India Ltd. IPO has been subscribed 0.5 times. Subscription levels can change significantly during the offer period.
The Grey Market Premium (GMP) for the Kanishk Aluminium India Ltd. IPO is not available as of now. GMP reflects unofficial market sentiment and should not be considered a guarantee of listing performance.
The shares of Kanishk Aluminium India Ltd. are expected to list on stock exchanges on Feb 04, 2026, subject to completion of the allotment process and regulatory approvals.
The net proceeds from the Kanishk Aluminium India Ltd. IPO are proposed to be used for Our Company intends to utilize the Net Proceeds for the following objects:, Repayment or pre-payment, in full or part, of certain borrowings availed by the company, amounting to ₹19.50 crores, to reduce outstanding debt and strengthen the balance sheet., Funding branding and promotional activities for the company's premium brand, ‘Baari by Kanishk’, with an allocation of ₹0.7975 crores to increase market visibility and customer outreach., Allocation of ₹4.318 crores towards general corporate purposes, which may include strategic initiatives, strengthening marketing efforts, and meeting working capital requirements.
Before applying for the Kanishk Aluminium India Ltd. IPO, investors generally review the company’s business model, financial performance, valuation, industry outlook, and risk factors mentioned in the offer document.
