Kanohar Electricals Files IPO Papers with Fresh Issue Size of Rs 300 Crore

Uttar Pradesh-based transformer manufacturer Kanohar Electricals has filed draft documents with the Securities and Exchange Board of India (SEBI) to raise funds through an initial public offering. The company aims to address its capital expenditure and working capital requirements through this public offering. IPO Structure and Size The public offering comprises two key components designed to meet the company's funding needs: Component Details Fresh Issue Size Rs 300 crore Offer-for-Sale 1.45 crore shares by K Sons Family Trust Pre-IPO Placement Rs 60 crore (potential) The fresh issue component includes a potential pre-IPO placement amounting to Rs 60 crore, which the company may consider before filing the Red Herring Prospectus with the Registrar of Companies. Fund Utilization Plan Kanohar Electricals has outlined a strategic allocation of the fresh issue proceeds across multiple business areas: Purpose Amount (Rs Crore) Machinery, Equipment & Facility Enhancement 66.74 Working Capital Requirements 130.00 General Corporate Purposes Remainder The company intends to spend Rs 66.74 crore for the purchase of new machinery and equipment, civil construction and interior development of office building, and enhancing sustainability initiatives at its Gangol manufacturing facility. Business Profile and Market Position Kanohar Electricals positions itself as one of the leading domestic companies in transformer manufacturing in terms of revenue. The company serves diverse sectors including: Power transmission Railways Renewable energy Power distribution industries The company operates in a competitive landscape alongside several listed peers including Hitachi Energy India, Bharat Heavy Electricals, Schneider Electric Infrastructure, CG Power and Industrial Solutions, Transformers & Rectifiers, and GE Vernova T&D. Financial Performance Kanohar Electricals has demonstrated strong financial growth across recent periods: Period Revenue (Rs Crore) Profit (Rs Crore) Growth Six months ended September 2025 165.50 30.60 - Year ended March 2025 450.60 65.10 Revenue: +62.9% Year ended March 2024 276.70 17.80 Profit: +267% The company recorded significant growth with profit increasing by 267% to Rs 65.1 crore compared to Rs 17.8 crore in the previous year, while revenue increased by 62.9% to Rs 450.6 crore, up from Rs 276.7 crore. IPO Management Nuvama Wealth Management and IIFL Capital Services have been appointed as merchant bankers for managing the Kanohar Electricals IPO, bringing their expertise to guide the company through the public offering process. We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better. Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians. As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. While both traders & investors have gotten smart about how they make money and build wealth, as users they have continued to use the same products, features, and platforms that were available for years with little or no innovation. We plan to change that - a technology-led platform built for super traders and long term investors.