Kanohar Electricals IPO Subscription
ListedUpdated 16 September 2026, 9:15 AM IST· Mainboard
Kanohar Electricals IPO subscription closed on 10 September 2026 at 90.59x overall by shares. QIB demand came in at 215.37x, NII at 87.74x, and retail at 20.51x. See Retail, SHNI, and BHNI allotment chances in the table…
Kanohar Electricals IPO subscription closed on 10 September 2026 at 90.59x overall by shares. QIB demand came in at 215.37x, NII at 87.74x, and retail at 20.51x. See Retail, SHNI, and BHNI allotment chances in the table below.
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Allotment date is 11 September 2026. Listing date on NSE and BSE is 16 September 2026.
Kanohar Electricals IPO Day-wise Subscription
Daily QIB, NII, Retail, and overall subscription as bids come in
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 8 Sept 2026 | 0.03x | 4.90x | 3.36x | 2.73x |
| Day 2 - 9 Sept 2026 | 6.50x | 19.22x | 8.49x | 10.22x |
| Day 3 - 10 Sept 2026 | 215.37x | 87.74x | 20.50x | 90.59x |
Kanohar Electricals IPO Allotment Chances
Retail, SHNI, and BHNI chances based on application subscription
Kanohar Electricals IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.
| Category | Subscription (Apps) | Allotment Chances |
|---|---|---|
| Retail | 18.14x | 1 in 18 |
| SHNI (Rs 2L to Rs 10L) | 72.98x | 1 in 73 |
| BHNI (above Rs 10L) | 18.89x | 1 in 19 |
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 Kanohar Electricals IPO Allotment Status page from 11 September 2026 for your result.
Kanohar Electricals IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 632.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 211.15 Cr | Rs 45,474.90 Cr | 215.37x |
| FII | - | Rs 11,448.33 Cr | - |
| DFI | - | Rs 22,974.63 Cr | - |
| Mutual Funds | - | Rs 2,313.20 Cr | - |
| Other | - | Rs 8,738.74 Cr | - |
| NII | Rs 158.36 Cr | Rs 13,894.49 Cr | 87.74x |
| bNII (above Rs 10L) | Rs 105.57 Cr | Rs 9,927.88 Cr | 94.04x |
| Corporate | - | Rs 111.80 Cr | - |
| Individual | - | Rs 9,448.82 Cr | - |
| Other | - | Rs 367.25 Cr | - |
| sNII (Rs 2L to Rs 10L) | Rs 52.79 Cr | Rs 3,966.61 Cr | 75.14x |
| Corporate | - | Rs 12.60 Cr | - |
| Individual | - | Rs 3,836.69 Cr | - |
| Other | - | Rs 117.33 Cr | - |
| Retail | Rs 369.51 Cr | Rs 7,577.65 Cr | 20.51x |
| Cut-off price | - | Rs 6,658.14 Cr | - |
| Fixed price | - | Rs 919.50 Cr | - |
| Total | Rs 739.02 Cr | Rs 66,947.03 Cr | 90.59x |
Kanohar Electricals IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 33,40,950 | 2,061 | 0.00x |
| FII | - | 106 | - |
| DFI | - | 76 | - |
| Mutual Funds | - | 149 | - |
| Other | - | 1,730 | - |
| NII | 7,782 | 2,87,314 | 36.92x |
| bNII (above Rs 10L) | 5,188 | 98,006 | 18.89x |
| Corporate | - | 1,027 | - |
| Individual | - | 93,343 | - |
| Other | - | 3,636 | - |
| sNII (Rs 2L to Rs 10L) | 2,594 | 1,89,308 | 72.98x |
| Corporate | - | 513 | - |
| Individual | - | 1,83,141 | - |
| Other | - | 5,654 | - |
| Retail | 2,54,203 | 46,12,335 | 18.14x |
| Cut-off price | - | 40,44,139 | - |
| Fixed price | - | 5,68,196 | - |
| Total | 36,02,935 | 49,01,710 | 1.36x |
What Do These Subscription Numbers Mean?
90.59x overall by shares means bids covered about 91 times the shares on offer. Allotment chances depend on applications in each category.
QIB at 215.37x by shares shows institutional demand from mutual funds, FIIs, and banks.
NII covers bids above Rs 2 lakh (36.92x by applications). Split: SHNI 72.98x, BHNI 18.89x by applications. SHNI and BHNI allotment is by lottery.
At 18.14x subscription by applications, about 1 in 18 retail applicants may get allotment (~6% chance per application). Retail allotment is also by lottery.
Kanohar Electricals IPO GMP After Subscription
GMP for Kanohar Electricals IPO stands at Rs 182.00 today, giving an estimated listing price of Rs 814.00 per share.
A subscription of 90.59x combined with a GMP of 28.80% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Kanohar Electricals IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Kanohar Electricals IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 8 September 2026 |
| IPO Close Date | 10 September 2026 |
| Allotment Date | 11 September 2026 |
| Refund Initiation | 12 September 2026 |
| Share Credit to Demat | 12 September 2026 |
| Listing Date | 16 September 2026 |
| Minimum Investment | Rs 14,536.00 |
| Lot Size | 23 shares |
About Kanohar Electricals IPO
Established in 1972, Kanohar Electricals Limited is an established Indian manufacturer of power and distribution transformers with comprehensive capabilities across engineering, procurement, and construction (EPC) solutions for substations and transmission lines. The company operates across two core business divisions: Transformer Manufacturing and EPC Services, serving critical infrastructure segments including power transmission, power distribution, renewable energy, and railways. Kanohar is among the select Indian manufacturers certified by RDSO to manufacture specialized 100 MVA, 132 kV and 220 kV Scott Transformers for the high-speed traction networks of Indian Railways.
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.
Retail - Retail Individual Investors
Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.
Kanohar Electricals IPO IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Kanohar Electricals IPO Details
Issue size, price, financials, and company info
Kanohar Electricals IPO GMP
Live grey market premium and listing estimate
Kanohar Electricals IPO Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Kanohar Electricals IPO Allotment
Allotment date, chances, and check by PAN
Kanohar Electricals IPO Review
SWOT, strengths, risks, and IPO review
Kanohar Electricals IPO FAQ
Common questions on dates, GMP, and allotment
Kanohar Electricals IPO Registrar
Registrar website and how to check allotment
Kanohar Electricals IPO Timeline
Open, close, allotment, and listing dates
Kanohar Electricals IPO News
Updates, blogs, and latest IPO news
Kanohar Electricals IPO Subscription FAQs
What is Kanohar Electricals IPO subscription status today?
Kanohar Electricals IPO subscription closed on 10 September 2026 with overall subscription of 90.59x (by shares) as of 18 October 2026, 5:17 PM IST. QIB 215.37x, NII 36.92x, Retail 18.14x.
What is the overall subscription of Kanohar Electricals IPO?
Kanohar Electricals IPO is subscribed 90.59x overall by shares at close on 10 September 2026. QIB 215.37x, NII 36.92x, and Retail 18.14x.
What is Kanohar Electricals IPO QIB subscription?
Kanohar Electricals IPO QIB (Qualified Institutional Buyers) subscription is 215.37x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Kanohar Electricals IPO Retail subscription?
Kanohar Electricals IPO Retail subscription is 18.14x by applications. Retail bids are up to Rs 2 lakh per PAN.
What is Kanohar Electricals IPO NII, SHNI, and BHNI subscription?
Kanohar Electricals IPO NII subscription is 36.92x by applications. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) at 72.98x and BHNI (above Rs 10L) at 18.89x.
What are Kanohar Electricals IPO retail allotment chances?
At 18.14x subscription by applications, about 1 in 18 retail applicants may get allotment (~6% chance per application). Allotment is by lottery. Share subscription was 20.51x. Allotment chances use applications, not share volume.
What are Kanohar Electricals IPO SHNI allotment chances?
At 72.98x subscription by applications, about 1 in 73 SHNI applicants may get allotment (~1% chance per application). Allotment is by lottery. Share subscription was 75.14x. Allotment chances use applications, not share volume.
What are Kanohar Electricals IPO BHNI allotment chances?
At 18.89x subscription by applications, about 1 in 19 BHNI applicants may get allotment (~5% chance per application). Allotment is by lottery. Share subscription was 94.04x. Allotment chances use applications, not share volume.
When is Kanohar Electricals IPO allotment date?
Kanohar Electricals IPO allotment date is 11 September 2026. Check Kanohar Electricals IPO Allotment Status on IPOwiz from that day using your PAN.
When does Kanohar Electricals IPO subscription close?
Kanohar Electricals IPO subscription closed on 10 September 2026. No new applications are accepted after the close.
What is Kanohar Electricals IPO GMP today?
Kanohar Electricals IPO GMP is ₹182 today (+28.80% over issue price ₹632). See live GMP on the Kanohar Electricals IPO GMP Today page.
What is Kanohar Electricals IPO issue price and lot size?
Kanohar Electricals IPO issue price is ₹632 per share. Lot size is 23 shares. Minimum investment is ₹14,536 per lot. Issue size: ₹1,055.74 Cr.
When is Kanohar Electricals IPO listing date?
Kanohar Electricals IPO listing date is 16 September 2026 on NSE and BSE. Allotment is on 11 September 2026.
How does subscription affect Kanohar Electricals IPO allotment?
In Kanohar Electricals IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 90.59x overall, competition is very high.
For allotment results from 11 September 2026, visit the Kanohar Electricals IPO Allotment Status page. For listing day updates on 16 September 2026, download the IPOwiz App.
Sources
We match Kanohar Electricals IPO 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.