BSE List Price : ₹58.40

subscription

Category	Times
QIBs	0.00x
HNIs	0.33x
Retail	1.86x
Total : 1.1x

IPO Market Lot(s) Distribution

Application	Lot Size	Shares	Amount
Retail Minimum	2	3,200	₹233,600
Retail Maximum	2	3,200	₹233,600
S-HNI Minimum	3	4,800	₹350,400

About the Company

Founded in 2022, Kanishk Aluminum India is a fast-growing manufacturer of aluminium extrusion products. The company offers a wide range of solutions, including solid and hollow section profiles, solar profiles, railings, heatsinks, and profiles for sliding and fixed windows and doors. Its products serve diverse sectors such as electronics, automotive, mechanical, solar, furniture, transportation, electrical, and architectural applications.

The company is committed to delivering high-quality products and reliable services at competitive prices. Kanishk Aluminum India operates from a 4,000-square-meter manufacturing facility located in Jodhpur, Rajasthan—popularly known as the Blue City. Additionally, the firm procures its primary raw material, aluminium, from both pure aluminium ingots and recycled aluminium sources.

Company Financial Report

_{Amount ₹ in Crores}

Period Ended	Revenue	Expense	PAT	Assets
2023	₹59.68	₹57.83	₹1.76	₹37.11
2024	₹59.54	₹57.74	₹1.52	₹41.09
2025	₹60.13	₹55.93	₹3.04	₹50.50
Aug 2025	₹29.25	₹26.34	₹2.15	₹60.47

Company Promoter

Mr. Parmanand Agarwal

Mrs. Khusboo Agarwal

Mr. Ashish Agarwal

Know before investing

• • Strengths

  Diverse Aluminium Product Range: The company provides an extensive portfolio of aluminium extrusion products, positioning itself as a comprehensive solution provider. Its substantial die inventory allows for the development of customised profiles for various industries, limiting reliance on any single segment and enhancing flexibility to respond to evolving market demands.

  Robust Raw Material Procurement Network: The company has established long-standing relationships with suppliers for sourcing both primary aluminium ingots and recycled aluminium from domestic as well as international markets. This diversified procurement base supports uninterrupted supply, cost optimisation, and consistent quality standards.

• • Risks

  Possible Conflict of Interest with Promoter Group Entities: Some entities within the Promoter Group operate in similar or overlapping business segments, which could give rise to potential conflicts of interest. There is no certainty that the promoters’ interests will consistently align with those of the Company, nor that competitive situations will not emerge in the future.

  Historical Delays in Statutory and Regulatory Compliance: The Company has previously encountered delays in filing statutory returns related to GST, PF, and ESIC, and PF deductions were earlier not made for promoters, directors, and key managerial personnel. Although no penalties have been levied to date, any future regulatory actions or penalties could have an adverse impact on the Company’s financial performance.

Objects of the Issue & Utilisation of proceeds

Repayment/ pre-payment, in full or part, of certain borrowings availed by the Company.
Branding and Promotion of Company brand, ‘Baari by Kanishk.
General Corporate Purpose.

Company  Address

Kanishk Aluminium India Ltd
Plot No. E-849 A
Fourth Phase RIICO
Boranada
Jodhpur, Rajasthan, 342001
Phone: +91 92570 61994
Email: cs@kanishkindia.co.in
Website: https://kanishkindia.co.in/

IPO Registrar

Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: kal.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/

IPO Review

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