Kanishk Aluminium SME IPO Subscription
ListedUpdated 4 February 2026, 9:15 AM IST· BSE SME
Kanishk Aluminium SME IPO subscription closed on 30 January 2026 at 1.10x overall by shares. retail at 1.86x. See Retail, SHNI, and BHNI allotment chances in the table below.
Allotment date is 2 February 2026. Listing date on NSE and BSE is 4 February 2026.
Kanishk Aluminium SME IPO Day-wise Subscription
Daily QIB, NII, Retail, and overall subscription as bids come in
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 28 Jan 2026 | - | 0.12x | 0.22x | 0.17x |
| Day 2 - 29 Jan 2026 | - | 0.03x | 0.97x | 0.50x |
| Day 3 - 30 Jan 2026 | - | 0.23x | 1.86x | 1.04x |
Kanishk Aluminium SME IPO Allotment Chances
Retail, SHNI, and BHNI chances based on application subscription
Kanishk Aluminium SME IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.
| Category | Subscription (Apps) | Allotment Chances |
|---|---|---|
| Retail (IND) | 1.86x | 1 in 2 |
Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.
Check the Kanishk Aluminium SME IPO Allotment Status page from 2 February 2026 for your result.
Kanishk Aluminium SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 73.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| Other | Rs 13.86 Cr | Rs 4.59 Cr | 0.33x |
| NII | - | Rs 4.59 Cr | - |
| bNII (above Rs 10L) | - | Rs 2.38 Cr | - |
| sNII (Rs 2L to Rs 10L) | - | Rs 2.21 Cr | - |
| IND | Rs 13.88 Cr | Rs 25.79 Cr | 1.86x |
| Fixed price | - | Rs 25.79 Cr | - |
| Total | Rs 27.74 Cr | Rs 30.38 Cr | 1.10x |
Kanishk Aluminium SME IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| Other | 396 | 63 | 0.16x |
| NII | - | 63 | - |
| bNII (above Rs 10L) | - | 9 | - |
| sNII (Rs 2L to Rs 10L) | - | 54 | - |
| IND | 594 | 1,104 | 1.86x |
| Fixed price | - | 1,104 | - |
| Total | 990 | 1,167 | 1.18x |
What Do These Subscription Numbers Mean?
1.10x overall by shares means bids covered about 1 times the shares on offer. Allotment chances depend on applications in each category.
At 1.86x subscription by applications, about 1 in 2 retail applicants may get allotment (~54% chance per application). Retail allotment is also by lottery.
Kanishk Aluminium SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 28 January 2026 |
| IPO Close Date | 30 January 2026 |
| Allotment Date | 2 February 2026 |
| Refund Initiation | 3 February 2026 |
| Share Credit to Demat | 3 February 2026 |
| Listing Date | 4 February 2026 |
| Minimum Investment | Rs 2,33,600.00 |
| Lot Size | 1600 shares |
About Kanishk Aluminium SME
No company information available
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors (SHNI & BHNI)
Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.
IND - Individual Investors
Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.
Kanishk Aluminium SME IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Kanishk Aluminium SME Details
Issue size, price, financials, and company info
Kanishk Aluminium SME GMP
Live grey market premium and listing estimate
Kanishk Aluminium SME Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Kanishk Aluminium SME Allotment
Allotment date, chances, and check by PAN
Kanishk Aluminium SME Review
SWOT, strengths, risks, and IPO review
Kanishk Aluminium SME FAQ
Common questions on dates, GMP, and allotment
Kanishk Aluminium SME Registrar
Registrar website and how to check allotment
Kanishk Aluminium SME Timeline
Open, close, allotment, and listing dates
Kanishk Aluminium SME News
Updates, blogs, and latest IPO news
Kanishk Aluminium SME IPO Subscription FAQs
What is Kanishk Aluminium SME IPO subscription status today?
Kanishk Aluminium SME IPO subscription closed on 30 January 2026 with overall subscription of 1.10x (by shares) as of 27 August 2026, 4:32 AM IST. QIB N/A, NII N/A, IND 1.86x.
What is the overall subscription of Kanishk Aluminium SME IPO?
Kanishk Aluminium SME IPO is subscribed 1.10x overall by shares at close on 30 January 2026. QIB N/A, NII N/A, and IND 1.86x.
What is Kanishk Aluminium SME IPO QIB subscription?
QIB subscription for Kanishk Aluminium SME IPO will appear here once institutional bids are recorded.
What is Kanishk Aluminium SME IPO IND subscription?
Kanishk Aluminium SME IPO IND subscription is 1.86x by applications. Retail bids are up to Rs 2 lakh per PAN.
What is Kanishk Aluminium SME IPO NII, SHNI, and BHNI subscription?
NII, SHNI, and BHNI subscription for Kanishk Aluminium SME IPO will update during the bidding window.
What are Kanishk Aluminium SME IPO retail allotment chances?
At 1.86x subscription by applications, about 1 in 2 retail applicants may get allotment (~54% chance per application). Allotment is by lottery.
What are Kanishk Aluminium SME IPO SHNI allotment chances?
Kanishk Aluminium SME IPO SHNI allotment chances depend on final application subscription. Allotment is by lottery when oversubscribed.
What are Kanishk Aluminium SME IPO BHNI allotment chances?
Kanishk Aluminium SME IPO BHNI allotment chances depend on final application subscription. Allotment is by lottery when oversubscribed.
When is Kanishk Aluminium SME IPO allotment date?
Kanishk Aluminium SME IPO allotment date is 2 February 2026. Check Kanishk Aluminium SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Kanishk Aluminium SME IPO subscription close?
Kanishk Aluminium SME IPO subscription closed on 30 January 2026. No new applications are accepted after the close.
What is Kanishk Aluminium SME IPO GMP today?
GMP for Kanishk Aluminium SME IPO is not available yet. Track Kanishk Aluminium SME IPO GMP Today on IPOwiz once grey market activity starts.
What is Kanishk Aluminium SME IPO issue price and lot size?
Kanishk Aluminium SME IPO issue price is ₹73 per share. Lot size is 1600 shares. Minimum investment is ₹2,33,600 per lot (minimum 2 lots for SME). Issue size: ₹27.74 Cr.
When is Kanishk Aluminium SME IPO listing date?
Kanishk Aluminium SME IPO listing date is 4 February 2026 on NSE and BSE. Allotment is on 2 February 2026.
How does subscription affect Kanishk Aluminium SME IPO allotment?
In Kanishk Aluminium SME IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 1.10x overall, competition is moderate.
For allotment results from 2 February 2026, visit the Kanishk Aluminium SME IPO Allotment Status page. For listing day updates on 4 February 2026, download the IPOwiz App.
Sources
We match Kanishk Aluminium SME IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- IPO RegistrarRegistrar details are on the allotment page for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.