31 Mar 2023
Assets37.11
Total Income59.68
EBITDA4.06
Profit After Tax1.76
NET Worth6.01
Reserves and Surplus1.11
Total Borrowing26.45
At a glance
Updated 2026-08-24Kanishk Aluminium India is a SME IPO with an issue size of ₹29.20 crore, proposed for listing on BSE SME. The offer opens on 28th Jan 2026 and closes on 30th Jan 2026. The issue structure includes a fresh issue of ₹27.74 crore.
Issue details
Listing atBSE SME
Issue typeFixed Price Issue
Issue size₹29.20 Cr
Fresh issue₹27.74 Cr
Face value₹10
Price band—–—
Allotment2nd Feb 2026
Listing4th Feb 2026
Grey market
GMP page ↗Latest GMP₹0.00
GMP / upper priceNO DATA
Est. listing₹73.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens28th Jan 2026
Closes30th Jan 2026
Allotment2nd Feb 2026
Refund3rd Feb 2026
Demat3rd Feb 2026
Listing4th Feb 2026
Subscription demand
Full bidding ↗Total1.04×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 3200 | — |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Repayment/ pre-payment, in full or part, of certain borrowings availed by the Company | ₹19.50 Cr |
| Branding and Promotion of Company brand, Baari by Kanishk | ₹0.80 Cr |
| General Corporate Purposes | ₹4.32 Cr |
| Issue Expenses | ₹4.58 Cr |
| Total | ₹29.20 Cr |
Financials
Full financials ↗31 Mar 2024
Assets41.09
Total Income59.54
EBITDA4.50
Profit After Tax1.52
NET Worth13.53
Reserves and Surplus7.63
Total Borrowing20.84
31 Mar 2025
Assets50.50
Total Income60.13
EBITDA6.63
Profit After Tax3.04
NET Worth16.57
Reserves and Surplus7.13
Total Borrowing22.74
31 Aug 2025
Assets60.47
Total Income29.25
EBITDA4.08
Profit After Tax2.15
NET Worth18.72
Reserves and Surplus9.28
Total Borrowing25.55
Trend chart₹ crore
KPIs
| KPI | Mar 31, 2025 | Aug 31, 2025 |
|---|---|---|
| ROE | 20.21% | 29.21% |
| ROCE | 14.61% | 19.92% |
| Debt / Equity | 1.37% | 1.37% |
| RoNW | 20.21% | 29.21% |
| PAT Margin | 2.56% | 17.62% |
| EBITDA Margin | 11.10% | 33.55% |
| Price to Book Value | 3.18 | 3.68 |
Valuation & shareholding
Pre-IPO EPS3.22
Post-IPO EPS3.84
Pre-IPO P/E22.66
Post-IPO P/E19.03
Promoter holding pre99.99%
Promoter holding post70.24%
Market cap₹98.11 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Repayment/ pre-payment, in full or part, of certain borrowings availed by the Company | ₹19.50 Cr |
| Branding and Promotion of Company brand, Baari by Kanishk | ₹0.80 Cr |
| General Corporate Purposes | ₹4.32 Cr |
| Issue Expenses | ₹4.58 Cr |
| Total | ₹29.20 Cr |
Registrar & lead managers
Registrar
Kfin Technologies Ltd.Lead managers
- Sun Capital Advisory Services...
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.