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15 Days Price Change

Kanishk Aluminium IPO

Closing In

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Profile
Issue Size 29.2 Cr
Profile
Price Range 73  to  73 per share
Profile
Min Investment ₹73
Profile
Lot Size 1
Profile
Face Value ₹10
Profile
Draft Prospectus
Invest Before the IPO Goes Live

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Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

We specialize in manufacturing a comprehensive range of aluminium extrusion products, including solid & hollow section profiles, solar profiles, railings, heatsinks and sliding / fixed windows and doors profiles. Our products serve a diverse array of industries, such as electronics, automotive, mechanical, solar, furniture, transport, electrical, and architecture. Read More

Basic Info

Face Value 10 per share

Price 73  to  73 per share

P/E (x) 22.8

Sales( Cr.) 60

PAT( Cr.) 3

EPS 3.2

Draft Prospectus

Exchange BSE-SME

Promoter

Company Promoters

Parmanand Agarwal Khusboo Agarwal Ashish Agarwal

Pre Issue Share Holding 99.99%

Post Issue Share Holding 70.24%

Listing Details:

Listing Price: 58.4

Listing Gain: -25%

Current Price: 35.1

Gain On Issue: 35.1 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Jan 28, 2026
Closing Date Jan 30, 2026
Allotment Feb 02, 2026
Refund Feb 03, 2026
Delivery of Shares Feb 03, 2026
Listing Date Feb 04, 2026

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 3200 233,600
Retail (Max) -- -- --
S-HNI (Min) 1 3200 233,600
S-HNI (Max) 4 12800 934,400
B-HNI (Min) 5 16000 1,168,000

Objective of the Issue

1. Repayment / pre-payment, in full or part, of certain borrowings availed by our Company2. Branding and Promotion of Company brand, ‘Baari by Kanishk’3. General corporate purposes

Issue

Category Nos Bid Bid (x)
QIB 0 0 0x
NII 0 628800 0x
Retail 0 3532800 0x
EMP 0 0 0x
Total 0 4161600 0x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Kanishk Aluminium Profit & Loss

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 35 59 59 60
Other Income 0 1 0 0
Total Income 35 60 60 60
Total Expenditure 33 56 55 53
Operating Profit 2 4 5 7
Interest 2 2 2 2
Depreciation 0 0 1 1
Exceptional Income / Expenses 0 0 0 0
Profit Before Tax 0 2 2 4
Provision for Tax 0 0 0 1
Profit After Tax 0 2 2 3
Adjustments 0 0 0 0
Profit After Adjustments 0 2 2 3
Adjusted Earnings Per Share 0.3 2.2 1.6 3.2

Kanishk Aluminium Balance Sheet

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 4 6 14 17
Minority's Interest 0 0 0 0
Borrowings 9 7 5 7
Other Non-Current Liabilities 1 1 1 1
Total Current Liabilities 13 24 22 26
Total Liabilities 27 37 41 50
Fixed Assets 10 15 15 13
Other Non-Current Assets 3 0 0 0
Total Current Assets 14 22 25 37
Total Assets 27 37 41 50

Kanishk Aluminium Cash Flow

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 0 0 0
Cash Flow from Operating Activities 3 -2 3 -2
Cash Flow from Investing Activities -2 -3 -1 2
Cash Flow from Financing Activities -1 5 -2 0
Net Cash Inflow / Outflow -0 0 0 0
Closing Cash & Cash Equivalent 0 0 0 0

Kanishk Aluminium Ratios

# Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.33 2.25 1.61 3.22
CEPS(Rs) 0.87 2.88 2.29 4
DPS(Rs) 0 0 0 0
Book NAV/Share(Rs) 5.41 7.66 14.33 17.56
Core EBITDA Margin(%) 6.56 6.09 7.26 10.56
EBIT Margin(%) 5.71 6.13 6.57 9.92
Pre Tax Margin(%) 1.21 3.14 3.03 7.03
PAT Margin (%) 0.73 2.98 2.57 5.09
Cash Profit Margin (%) 1.95 3.82 3.65 6.32
ROA(%) 0.95 5.52 3.89 6.64
ROE(%) 6.01 34.41 15.59 20.21
ROCE(%) 8.21 12.81 11.66 16.09
Receivable days 19.09 20.63 41.25 59.29
Inventory Days 105.75 78.55 98.44 125.47
Payable days 20.95 17.66 31.1 50.98
PER(x) 0 0 0 0
Price/Book(x) 0 0 0 0
Dividend Yield(%) 0 0 0 0
EV/Net Sales(x) 0.71 0.53 0.45 0.54
EV/Core EBITDA(x) 10.31 7.59 5.88 4.81
Net Sales Growth(%) 0 70.04 0.25 0.81
EBIT Growth(%) 0 82.52 7.34 52.18
PAT Growth(%) 0 591.11 -13.65 99.7
EPS Growth(%) 0 591.1 -28.29 99.71
Debt/Equity(x) 4.7 4.4 1.54 1.37
Current Ratio(x) 1.1 0.94 1.17 1.45
Quick Ratio(x) 0.31 0.28 0.4 0.5
Interest Cover(x) 1.27 2.05 1.86 3.43
Total Debt/Mcap(x) 0 0 0 0

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 2% 20% 0% 0%
Operating Profit CAGR 40% 52% 0% 0%
PAT CAGR 50% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR NA% NA% NA% NA%
ROE Average 20% 23% 19% 19%
ROCE Average 16% 14% 12% 12%

Company Contact Information

Kanishk Aluminium India Ltd.

Prachi Mittal

+91 92570 61994

cs@kanishkindia.co.in

Plot No E-849 A Fourth Phase Riico Boranada

IPO Lead Manager(s)

Kanishk Aluminium India Ltd.

Sun Capital Advisory Services Pvt Ltd.

Registrar Info

Kanishk Aluminium India Ltd.

KFIN Technologies Ltd.

301, The Centrium, 3rd Floor, 57, Lal Bahadur Shastri Road, Nav Pada, Kurla (West), Kurla, Mumbai, Mumbai, Maharashtra, India, 400070

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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