The Kanishk Aluminium IPO is one of the upcoming BSE SME IPOs scheduled at the end of January 2026. The company is involved in the manufacturing of aluminium extrusion profiles and premium aluminium door/window systems, serving construction, solar, automotive, and industrial segments.
Whether you are a first-time investor or a seasoned trader, this guide will walk you through key dates, issue size, lot size, pricing, financials, strengths, risks, and how you can check allotment status. Let’s dive in!
📅 IPO Timeline & Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 28 Jan 2026 |
| IPO Closing Date | 30 Jan 2026 |
| Basis of Allotment | 02 Feb 2026 |
| Refund Initiation | 03 Feb 2026 |
| Shares Credited to Demat | 03 Feb 2026 |
| IPO Listing Date | 04 Feb 2026 |
👉 This timeline helps investors plan when to apply, check allotment, and prepare for listing.(IPOUPDATES)
💰 Issue Details & Pricing
| Detail | Information |
|---|---|
| Issue Price | ₹73 per share |
| Face Value | ₹10 per share |
| Total Issue Size | 40,00,000 shares |
| Total Issue Value | ₹29.20 crore |
| Issue Type | 100% Fresh Issue |
| Listing On | BSE SME |
| Lead Manager | Sun Capital Advisory Services Pvt. Ltd. |
| Registrar | KFin Technologies Ltd. |
💡 This IPO is fixed price — meaning the price is set at ₹73 and there’s no price range bidding.
📊 Minimum Investment & Lot Size
| Category | Lot Size | Shares | Amount (Approx) |
|---|---|---|---|
| Retail Minimum | 1 Lot | 1,600 | ₹1,16,800* |
| Retail Standard (2 Lots) | 2 Lots | 3,200 | ₹2,33,600 |
| HNI Minimum (3 Lots) | 3 Lots | 4,800 | ₹3,50,400 |
* Calculated based on fixed price of ₹73 × shares per lot.
📋 Company Financial Snapshot
Here’s a simplified view of recent financials (as per IPO prospectus and market data):
| Period | Revenue (₹ Cr) | Profit After Tax (₹ Cr) |
|---|---|---|
| FY 2023 | ~59.6 | ~1.8 |
| FY 2024 | ~59.5 | ~1.5 |
| FY 2025 | ~60.1 | ~3.0 |
These figures show modest revenues with improving profits in FY25 compared to earlier years — an important sign for IPO investors.
📌 What The Company Does
Kanishk Aluminium India Ltd manufactures:
- Aluminium extrusion profiles (custom and standard),
- Premium aluminium door & window systems under the brand Baari by Kanishk, and
- Components for solar, automotive, electrical, and architectural segments.
The company operates a certified facility in Jodhpur (Rajasthan) and focuses on quality and customization.
📈 Review & Investment Perspective
✔️ Strengths
- Growing demand for lightweight aluminium products in solar, construction, and automotive sectors.
- Focus on premium branded products (e.g., Baari doors/windows).
- Entirely fresh issue supporting business expansion and debt reduction.
- Presence in SME space with niche manufacturing expertise.
⚠️ Risks
- SME IPOs can be more volatile and less liquid than large-cap listings.
- Returns depend on execution of growth plans post-IPO.
- Performance tied to infrastructure and industrial demand.
📍 How to Check Allotment Status
After the allotment date (02 Feb 2026), you can check your allotment:
On the BSE SME allotment portal after basis of allotment is finalized.
On the KFin Technologies IPO Allotment Status page (choose company).
Through your broker’s IPO status service (e.g., Zerodha, Upstox . bse site).
🏢 Company Office / Registered Office Details
| Detail | Information |
|---|---|
| Company Name | Kanishk Aluminium India Ltd |
| Registered Office Address | Plot No. E-849 (A & B), Phase-IV, RIICO Industrial Area, Boranada, Jodhpur – 342012, Rajasthan, India |
| Phone | +91 92570 61994 / +91-291-2945946 |
| cs@kanishkindia.co.in / info@kanishkindia.co.in | |
| Website | https://kanishkindia.co.in/ |
| CIN | U27109RJ2018PLC063198 |
| Business Type | Aluminium extrusion profiles & architectural systems manufacturer |
🧾 Registrar & Transfer Agent (RTA) – Allotment Office
The registrar is the company that handles your IPO share allotment status, refunds, registrar records, and investor services.
| Detail | Information |
|---|---|
| Registrar Name | KFin Technologies Ltd |
| Phone | +91-40-6716-2222 / 18003094001 |
| einward.ris@kfintech.com & kal.ipo@kfintech.com | |
| Website | https://www.kfintech.com/ipo-status |
| Common Address | KFin Technologies Ltd, Selenium Tower-B, Plot No. 31 & 32, Financial District, Nanakramguda, Hyderabad – 500032, Telangana, India |
Disclaimer
The information shared here is intended solely for educational and general awareness purposes. Any securities, investments, or IPO-related details mentioned should not be interpreted as financial advice or investment recommendations. Readers are encouraged to conduct their own independent research or seek guidance from a qualified financial professional before making investment decisions.
IPO-related updates are provided for informational use only. Market trends, past performance, or investor interest do not ensure future outcomes. We are not registered with SEBI. Investments in IPOs and the securities market involve inherent risks, and individuals should carefully evaluate their financial situation or consult a certified financial advisor before investing.
