Kanohar Electricals IPO Listing Date, GMP & Price: Everything You Need to Know Before Listing Day

By Kaushik Brahmakshatriya

Published on 15 September 2026.

Kanohar Electricals IPO

Hey friend, so you’ve been asking me about Kanohar Electricals IPO listing details, right? Let’s talk about it like we always do over chai. This transformer manufacturing company from Meerut has grabbed a lot of attention lately, and honestly, the buzz around it makes total sense once you see the numbers. So grab a cup, sit back, and let me walk you through everything in the simplest way possible.

What Is Kanohar Electricals IPO All About?

So here’s the thing — Kanohar Electricals isn’t some brand-new startup trying its luck. This company has been making transformers since 1972, more than five decades in the game. They work in two segments: transformer manufacturing and EPC (engineering, procurement, construction) for power transmission projects. Basically, if there’s a power line or a railway network needing transformers, chances are companies like this one are involved.

The Kanohar Electricals IPO opened for subscription on September 8, 2026, and closed on September 10, 2026. The price band was fixed between ₹601 and ₹632 per share, with a lot size of 23 shares. So if you wanted to apply at the upper price band, you needed around ₹14,536 for one lot. The total issue size came to about ₹1,055.74 crore, split between a fresh issue of ₹300 crore and an offer for sale worth roughly ₹756 crore from existing shareholders.

Listing Date and What to Expect

Now to the part you’re really curious about — the listing. Shares of Kanohar Electricals Ltd. are tentatively scheduled to list on both BSE and NSE on September 16, 2026. Allotment was already finalised on September 11, and refunds along with share credits to demat accounts happened around September 15. So by the time you’re reading this, listing day is basically here or just around the corner.

Grey Market Premium (GMP) Trend

Everyone loves tracking GMP before listing, and this one has stayed pretty strong throughout. In the days leading up to listing, GMP hovered between ₹190 and ₹241, translating to an implied listing price somewhere between ₹820 and ₹870 — a premium of roughly 30 to 38 percent over the ₹632 upper price band. Remember though, GMP is just an unofficial market indicator, not a guarantee. Actual listing price depends entirely on demand and supply on listing day.

Financials and Why Investors Are Excited

Numbers don’t lie, and Kanohar’s numbers look genuinely solid. Revenue jumped from around ₹457 crore in FY2025 to ₹662 crore in FY2026, while profit after tax nearly doubled from ₹65 crore to almost ₹130 crore in the same period. The company also holds a rare short-circuit test certification for 500 MVA, 400 kV transformers — something only a handful of Indian companies can claim. That kind of technical edge, combined with strong EBITDA margins, is exactly why the Kanohar Electricals IPO has been talked about so much across trading circles.

Frequently Asked Questions ( FAQ)

Q1. When will Kanohar Electricals IPO list?

The tentative listing date is September 16, 2026, on both BSE and NSE.

Q2. What is the price band of the IPO?

The price band is set between ₹601 and ₹632 per equity share.

Q3. What is the current GMP of Kanohar Electricals IPO?

As per recent market indications, GMP has moved between ₹190 and ₹241, though this can change anytime before listing.

Q4. Is Kanohar Electricals IPO good for long-term investment?

The company has strong fundamentals, over 40 years of experience, and healthy margins, but always do your own research before investing.

Conclusion

So that’s pretty much the full picture, dost. The Kanohar Electricals IPO has built decent hype thanks to its solid business history, improving financials, and a positive grey market trend. Whether you already applied or are just watching from the sidelines, listing day will tell the real story. Keep checking official BSE/NSE updates for the final listing price, and as always, invest wisely and don’t just chase GMP numbers blindly.

Disclaimer: This article on Kanohar Electricals IPO is for informational purposes only and should not be considered investment advice. GMP figures are unofficial and subject to change. Please consult a certified financial advisor and do your own research before making any investment decisions related to IPOs or stock markets.