Neutral impactIPO
Kanohar Electricals IPO: Price band set at ₹601-632 per share; check key dates, issue details
Mint 56 min ago·3 Sept 2026, 8:17 am
Kanohar Electricals is set to launch its initial public offering (IPO) on September 8, with the price band fixed between ₹601 and ₹632 per share. The company is offering a total of 47.1 lakh equity shares, which includes a fresh issue of ₹300 crore and an offer for sale (OFS) by existing promoters. Investors can bid for shares in lots of 13, with the minimum investment requirement set at ₹8,236.
This IPO presents an opportunity for retail investors to participate in the capital raising process of a specialized electrical equipment manufacturer. The issue will close on September 10, and the company plans to allocate shares on September 11, with listing scheduled for September 16 on the BSE and NSE. Investors should monitor the subscription status and the grey market premium to gauge market sentiment ahead of the listing.
Excerpt from Mint
Kanohar Electricals IPO price band is set at ₹ 601 to ₹ 632 per share, with subscriptions open from 8 September to 10 September. The issue includes a fresh share offering of ₹ 300 crore and an OFS. Allocation and listing are planned for September 11 and 16, respectively. Kanohar Electricals IPO price band: The Kanohar…Read the original at Mint
Key takeaways
- Category: IPO.
Why it matters
A routine update. Use the price and stock snapshot to gauge how the market is responding.
