Kanohar Electricals Files IPO Papers with Fresh Issue Size of Rs 300 Crore
Published on: Jan. 25, 2026, 7:07 a.m. | Source: scanx.trade
Kanohar Electricals, a UP-based transformer manufacturer, has filed IPO papers with SEBI for Rs 300 crore fresh issue plus OFS of 1.45 crore shares. The company will use Rs 66.74 crore for facility enhancement, Rs 130 crore for working capital, with remainder for general purposes. The company reported strong growth with profit rising 267% to Rs 65.1 crore and revenue increasing 62.9% to Rs 450.6 crore for the year ended March 2025. Nuvama Wealth Management and IIFL Capital Services are the merchant bankers.
