Kanishk Aluminium India IPO

Kanishk Aluminium India IPO is a fixed price issue of ₹29.20 crore, which is entirely a fresh issue of shares (0.40 crore shares). The price band for IPO is ₹73 per share and the lot size for an application is set at 1,600, while the minimum amount of investment required by an individual investor (retail investor) is ₹2,33,600 (3,200 shares). Kanishk Aluminium India IPO opens for subscription from Jan 28, 2026, to Jan 30, 2026 and will list on the BSE SME platform of the stock exchange with a tentative listing date fixed as Feb 4, 2026.

Company Background

Kanishk Aluminium India Ltd., incorporated in 2018, is a Jodhpur-based manufacturing company operating a modern 4,000 sq. meter facility in the ‘Blue City’ of Rajasthan. They are specialized in a wide range of aluminium extrusion products, engineering products and hardware & agricultural solutions. Kanishk Ltd. serves multiple sectors, including electronics, automotive, solar, furniture, and more. They provide diversified and customised aluminium profile solutions to their customers.

Operations & Product Range

Facility & Production

Kanishk Aluminium operates a state-of-the-art manufacturing hub in Jodhpur, Rajasthan’s ‘Blue City’, spanning over 110,000 sq. feet. The facility integrates 2 advanced extrusion presses with a combined annual capacity of 6,000 MT. This company features an in-house foundry capable of producing 7,500 MT of billets annually, alongside specialized anodizing, powder coating, and fabrication units for end-to-end production. This integrated facility ensures high-quality customized service as per client requirements.

Brand & Market Presence

Kanishk Aluminium India Ltd.'s flagship premium brand, 'Baari by Kanishk', specializes in luxury aluminium system doors and windows. Kanishk has established a robust pan-India presence through exclusive fabricator agreements across 10 major states, including Punjab, Delhi, and West Bengal. They also supply internationally on a customized basis for clients. Its products serve diverse sectors like solar energy, automotive, and high-end residential architecture, positioning it as a trusted industrial and retail partner.

Revenue Channels

Kanishk Aluminium India Ltd.’s revenue is strategically diversified across multiple high-growth verticals. Key revenue sources include:

• • Architectural solutions for residential and commercial projects
• • Specialized window and door solutions, industrial extrusions
• • Value-added services like surface treatment and precision machining for third-party clients

Management & Shareholding

Promoter & Shareholding

Kanishk Aluminium India Ltd. is led by its core promoters, who include Mr. Parmanand Agarwal, Mr. Ashish Agarwal, and Mrs. Khushboo Agarwal. Before the IPO, the promoters held a significant majority stake, reflecting strong family control and long-term commitment. After the Kanishk Aluminium India IPO, the shareholding pattern will be redistributed to include public investors and market participants.

Board Members

The board members of Kanishk Aluminium India Ltd. consist of 6 key individuals bringing decades of industry expertise. The board is chaired by Mr. Parmanand Agarwal (MD), supported by Whole-time Directors Mr. Ashish Agarwal and Mrs. Khushboo Agarwal. Strengthening their corporate governance, the board includes Independent Directors such as Ms. Hemlata Lohar, Mr. Shubham Arora, and Ms. Meenakshi Marmat, ensuring a balance of technical and strategic oversight.