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Issue Open Date
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08-Sep-26
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Issue Closing Date
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10-Sep-26
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Application Money
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100
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Allotment Money
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Price Band (Rs.)
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601
-
632
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Minimum Bid Quantity.
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23
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Issue Size (Shares)
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11693326
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Market Lot
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1
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Objective :
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1. Funding the capital expenditure requirements of our Company towards:(i) Purchase of new machinery and equipment for our manufacturing facility located in Gangol, Meerut, Uttar Pradesh (“Gangol Manufacturing Facility”) for increasing our transformer manufacturing capacity, expanding and automating our backward integration facilities and enhancing operational efficiency;(ii) Civil construction and interior development of an office building at our Gangol Manufacturing Facility; and(iii) Enhancing our sustainability initiatives by (a) setting up of solar power plants at our manufacturing facility locatedin Rithani, Meerut, Uttar Pradesh (“Rithani Manufacturing Facility”, and together with the Gangol Manufacturing Facility, the “Manufacturing Facilities”) and Gangol Manufacturing Facility, and (b) purchasing electric trucks and forklifts (together, “Electric Vehicles”) for handling and movement at our Gangol Manufacturing Facility.(collectively, the “Capital Expenditure Requirements”);2. Funding incremental working capital requirements of our Company; and3. General corporate purposes.
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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Offered / Reserved |
Bid For |
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Non-Institutional Investors
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2505713
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219849456
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87.74
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Qualified Institutional Buyers
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3340950
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719539590
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215.37
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Retail Individual Investors
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3340950
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719539590
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215.37
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Business Description
We are one of the leading domestic players in transformer manufacturing in terms of revenue in Fiscal 2025. We cater to high growth industries such as power transmission, railways, renewable energy, and power distribution (Source: CARE Report). As on September
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Promoter's Holding
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Total Share Capital
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74231991
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Offered to Public
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16704750
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Promoter's Holding (Pre-Issue)
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99.72
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Promoter's Holding (Post-Issue)
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|
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More.. |
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Address |
Rithani
Delhi Road
Meerut
,
Uttar Pradesh
,
250103
Phone :
0121-3500801-05
Email :
compliance@kanohar.com
Website :
www.kanohar.com
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Registrar |
MUFG Intime India Pvt Ltd.
C 101
247 Park
LBS Marg
Vikhroli (West)
Mumbai
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Listed at |
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BSE, NSE
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Lead Manager |
IIFL Capital Services Ltd.
Nuvama Wealth Management Ltd.
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Promoters |
Abhishek Singhal
Adesh Singhal
Aditya Singhal
Dinesh Singhal
K Sons Family Trust
Virat Singhal
Vivek Singhal
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