Kanohar Electricals IPO Allotment Status: Check Online, GMP and Listing Date

Mumbai, 11 September 

Bids came in for 105.93 crore shares against 1.17 crore shares on offer to non-anchor investors, as Kanohar Electricals’ initial public offering closed for subscription on 10 September, an overall subscription of 90.59x. The issue had separately allotted 50.11 lakh shares to anchor investors for ₹316.72 crore ahead of the public offer. The price band was set at ₹601 to ₹632 a share, with the ₹1,055.74 crore issue comprising a fresh issue of 47.47 lakh shares worth ₹300 crore and an offer for sale of 1.20 crore shares worth ₹755.74 crore. 

How to Check Kanohar Electricals IPO Allotment Status 

Investors can check their Kanohar Electricals IPO allotment status on the websites of the registrar, BSE Limited (BSE) and National Stock Exchange of India (NSE). 

On MUFG Intime India: 

1. Visit the MUFG Intime India IPO allotment status page at in.mpms.mufg.com/Initial_Offer/public-issues.html. 
2. Select Kanohar Electricals Ltd. – IPO from the dropdown list of company names. 
3. Choose an identification option: PAN, application number, DP/client ID, or account number/IFSC. Enter the relevant details. 
4. Enter the captcha, if prompted. 
5. Click on submit. 
6. The Kanohar Electricals IPO allotment status will be displayed on the screen. 

On BSE: 

1. Visit the BSE website at bseindia.com/investors/appli_check.aspx. 
2. Select “Equity” under issue type. 
3. Select Kanohar Electricals Ltd. from the issue name. 
4. Enter the PAN or application number. 
5. Enter the captcha displayed on the screen. 
6. Click on “Search”. 
7. The Kanohar Electricals IPO allotment status will be displayed. 

On NSE: 

1. Visit the NSE website at nseindia.com/invest/check-trades-bids-verify-ipo-bids. 
2. Select KANOHAR from the list of issues. 
3. Enter PAN No or Application No. 
4. Enter the captcha, if prompted. 
5. Submit the details. 
6. The Kanohar Electricals IPO application status will be displayed. 

Kanohar Electricals IPO Listing Date 

Shares of Kanohar Electricals are scheduled to list on the BSE and NSE on Wednesday, 16 September. Refunds for non-allottees are expected to be processed on 15 September, with shares credited to allottees’ demat accounts the same day. 

Kanohar Electricals IPO GMP Today 

The latest grey market premium for Kanohar Electricals stood at ₹240 as on 11 September, indicating an estimated listing price of ₹872 a share, an implied gain of 37.97%. GMP is an unofficial, informal indicator and does not guarantee the actual listing price or future performance of the stock. 

About Kanohar Electricals 

Kanohar Electricals manufactures transformers for power transmission, railway electrification, renewable energy and power distribution, with two production facilities in Meerut, Uttar Pradesh, and a combined manufacturing capacity of 19,200 MVA. It is among four manufacturers certified by the Research Designs and Standards Organisation (RDSO) to produce 100 MVA, 132 kV Scott transformers for Indian Railways. 

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