Kanishk Aluminium India IPO is a fixed price SME issue that has attracted attention in the primary market. The IPO size stands at ₹29.20 crores, and the issue is entirely a fresh issue of 0.40 crore equity shares. The company plans to utilize the proceeds for business expansion and general corporate purposes.
The Kanishk Aluminium India IPO GMP opens for subscription on January 28, 2026, and closes on January 30, 2026. The allotment of shares is expected to be finalized on February 2, 2026, while the shares are likely to be listed on the BSE SME platform on February 4, 2026, subject to confirmation.
The IPO is offered at a fixed price of ₹73 per share. The lot size is 1,600 shares, making it suitable primarily for investors with a higher risk appetite, as SME IPOs generally involve higher investment amounts.
For retail investors, the minimum investment requirement is 2 lots (3,200 shares), amounting to approximately ₹2,33,600. For HNI investors, the minimum application size is 3 lots (4,800 shares), requiring an investment of around ₹3,50,400.
Investors considering this IPO should carefully evaluate the company’s fundamentals, financial performance, and SME market risks before applying.
FAQs – Kanishk Aluminium India IPO
What is the issue size of Kanishk Aluminium India IPO?
The total issue size of Kanishk Aluminium India IPO is ₹29.20 crores.
Is Kanishk Aluminium India IPO a fresh issue or OFS?
This IPO is entirely a fresh issue with no Offer for Sale (OFS) component.
When does Kanishk Aluminium India IPO open and close?
The IPO opens on January 28, 2026, and closes on January 30, 2026.
What is the price of Kanishk Aluminium India IPO?
The IPO is offered at a fixed price of ₹73 per share.
What is the lot size for Kanishk Aluminium India IPO?
The lot size is 1,600 shares per lot.
What is the minimum investment for retail investors?
Retail investors need to apply for a minimum of 2 lots (3,200 shares), which requires an investment of ₹2,33,600.
Where will Kanishk Aluminium India IPO be listed?
The IPO is proposed to be listed on the BSE SME platform.
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