| IPO Listing At | BSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹29.20 Cr |
| Reserved for Market Maker | ₹1.46 Cr |
| Net Issue Size | ₹29.20 Cr |
| Fresh Issue | ₹27.74 Cr |
| Face Value | โน10 Per Equity Share |
| Issue Price | โน73.00 per share |
| BSE Code | 544693 |
| Registrar | Kfin Technologies Ltd. |
| Lead Managers | Sun Capital Advisory Services... |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 3,200 shares ยท Multiples of 1,600 shares
Kanishk Aluminium India Ltd. is a Jodhpur-based manufacturing company specializing in high-quality aluminium extrusion products. Operating from a modern 4,000 sq. metre production facility in Rajasthan’s “Blue City,” the company delivers reliable and customized aluminium solutions to customers across India.
The company caters to a wide range of industries, including electronics, automotive, solar energy, furniture, transportation, electrical systems, and architectural applications. With strong technical capabilities, Kanishk Aluminium designs and manufactures aluminium profiles tailored to diverse industrial and structural requirements.
Its product portfolio includes solid and hollow aluminium extrusions, solar profiles, heatsinks, railings, and profiles for sliding and fixed doors and windows. The company also produces engineered aluminium products such as channels, sections, flat bars, and tubes in various finishes, tolerances, and tempers. In addition, Kanishk Aluminium offers hardware and architectural solutions, including kitchen profiles, railing systems, and customized architectural components.
Competitive Strengths
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Repayment/ pre-payment, in full or part, of certain borrowings availed by the Company | 19.50 |
| 2 | Branding and Promotion of Company brand, Baari by Kanishk | 0.80 |
| 3 | General Corporate Purposes | 4.32 |
| 4 | Issue Expenses | 4.58 |
| Total | 29.20 |
| Period Ended | 31 Aug 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 60.47 | 50.50 | 41.09 | 37.11 |
| Total Income | 29.25 | 60.13 | 59.54 | 59.68 |
| Profit After Tax | 2.15 | 3.04 | 1.52 | 1.76 |
| EBITDA | 4.08 | 6.63 | 4.50 | 4.06 |
| NET Worth | 18.72 | 16.57 | 13.53 | 6.01 |
| Reserves and Surplus | 9.28 | 7.13 | 7.63 | 1.11 |
| Total Borrowing | 25.55 | 22.74 | 20.84 | 26.45 |
| Amount in ₹ Crore | ||||
| KPI | Aug 31, 2025 | Mar 31, 2025 |
|---|---|---|
| ROE | 29.21% | 20.21% |
| ROCE | 19.92% | 14.61% |
| Debt / Equity | 1.37% | 1.37% |
| RoNW | 29.21% | 20.21% |
| PAT Margin | 17.62% | 2.56% |
| EBITDA Margin | 33.55% | 11.10% |
| Price to Book Value | 3.68 | 3.18 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 3.22 | 3.84 |
| P/E (x) | 22.66 | 19.03 |
| Promoter Holding | 99.99% | 70.24% |
| Market Cap | โน98.11 Cr. | |