Kanohar Electricals Limited IPO
KANOHAR · Power / Utilities · Recently closed
Price band
632
Issue size
—
Open
08-SEP-2026
Close
10-SEP-2026
Listing
16-SEP-2026
Traddx read: Too early to call
- Bidding has only just opened — subscription is still near zero. Check back once demand builds (usually by day 2-3).
Kanohar Electricals Limited is a recently closed issue in the Power / Utilities space, with a price band of 632 and an issue size of —. Traddx's read is based on official subscription demand and how listed peers are valued — see the breakdown below.
Subscription by category
| Investor category | Times subscribed |
|---|---|
| QIB (institutions) | 215.37× |
| Non-institutional (NII) | 87.74× |
| Retail | 20.51× |
| Total | 90.59× |
How the sector is valued (listed Power / Utilities peers)
| Company | Price | P/E | P/B | Net margin |
|---|---|---|---|---|
| ADANIPOWER | ₹205.0 | 33.01 | 0.0 | 26.05% |
| TORNTPOWER | ₹1275.05 | 25.94 | 0.0 | 9.71% |
| TATAPOWER | ₹368.3 | 133.44 | 0.0 | 4.88% |
| CESC | ₹141.55 | 21.78 | 0.0 | 7.38% |
Compare the IPO's asking price against what already-listed peers trade at — a much richer valuation than peers usually signals a pricey issue.