Current IPO
Kanohar Electricals Ltd
Registered Office:
Rithani Delhi Road,,
Uttar Pradesh ,
Meerut,250103
Phone : +91 121-3500 801-05
|
Fax : N/A
| Email :
compliance@kanohar.com
| Website : www.kanohar.com
Initial public offering of up to 16,704,750 equity shares of face value of Rs. 2 each ("Equity Shares") of Kanohar Electricals Limited ("Company" or "Issuer") for cash at a price of Rs. 632 per equity share (including a share premium of Rs. 630 per equity share) ("Offer Price") aggregating up to Rs. 1055.74 Crores (the "Offer") comprising of a fresh issue of up to 4,746,835 equity shares of face value of Rs. 2 each aggregating up to Rs. 300.00 Crores ("Fresh Issue") and an offer for sale of up to 11,957,915 equity shares of face value of Rs. 2/- each ("Offered Shares") aggregating up to Rs. 755.74 Crores by K Sons Family Trust ("promoter selling shareholder" and such equity shares offered by the promoter selling shareholder, the "offered shares"). The offer shall constitute [*]% of the post-offer paid up equity share capital of the company.
Price Band: Rs. 601/- to Rs. 632/- per equity share of face value of Rs. 2 each.
The floor price is 300.50 times the face value of the equity shares and the cap price is 316 times the face value of the equity shares.
Bids can made for a minimum of 23 equity shares of face value of Rs. 2 each and in multiples of 23 equity shares of face value of Rs. 2 each thereafter.
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Allotment | Application |
| 08-Sep-26 | 10-Sep-26 | 0.0 - 0.0 | 601.0 - 632.0 |
Minimum Application for shares in Nos : 23.00 Further Multiples of : 23.00
| ( in Cr) | Lead Managers to the Issue | |
|---|---|---|
| Project Cost | 0.00 |
IIFL Capital Services Limited Nuvama Wealth Management Limited |
| Project Financed | 1,018.67 | |
| Post Issue | 18.23 | |
| Issue Price | 18.23 |
Projects
- Funding the capital expenditure requirements of the Company
- Funding the incremental working capital requirements of its Company
- General corporate purposes
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Promoted By
Dinesh Singhal
Adesh Singhal
Vivek Singhal
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Listing At
BSE
NSE
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Registrar to the Issue
MUFG Intime India Pvt Ltd