The Kanohar Electricals IPO GMP is an important update for investors tracking the market sentiment around the upcoming public issue. Grey Market Premium, commonly known as GMP, indicates the unofficial premium at which IPO shares are being traded in the grey market before their listing on the stock exchanges.
As of September 7, 2026, the Kanohar Electricals IPO GMP is ₹205, according to the available grey market data. Based on the upper IPO price band of ₹632, this premium indicates an estimated listing price of around ₹837 per share.
However, investors should remember that IPO GMP is unofficial and can change quickly. It should not be the only factor considered before applying for an IPO.
Kanohar Electricals Limited is scheduled to open its IPO for subscription on September 8, 2026, and the issue will close on September 10, 2026.
Kanohar Electricals IPO GMP Today
The latest available Kanohar Electricals IPO GMP today is ₹205 as of September 7, 2026.
| Particulars | Details |
| Kanohar Electricals IPO GMP | ₹205 |
| IPO Upper Price Band | ₹632 |
| Estimated Listing Price | ₹837 |
| GMP Date | September 7, 2026 |
Kanohar Electricals IPO GMP Live Updates
| Date | IPO GMP | Trend |
| September 7, 2026 | ₹205 | 🟢 |
| September 4, 2026 | ₹200 | 🟢 |
| September 3, 2026 | ₹150 | 🟢 |
| September 2, 2026 | Not Available | — |
| September 1, 2026 | Not Available | — |
The available data shows that the Kanohar Electricals IPO Grey Market Premium increased from ₹150 to ₹205 over the reported period.
The highest reported GMP so far is ₹205 on September 7, 2026, while the lowest reported GMP after activity began was ₹150 on September 3, 2026.
Kanohar Electricals IPO Details
Kanohar Electricals is launching a Mainboard IPO with an issue size of approximately ₹1,055.74 crore.
Here are the key details investors should know:
| IPO Details | Information |
| IPO Open Date | September 8, 2026 |
| IPO Close Date | September 10, 2026 |
| Face Value | ₹2 per equity share |
| Price Band | ₹601 to ₹632 per share |
| Issue Size | Approx. ₹1,055.74 crore |
| Fresh Issue | Approx. ₹300 crore |
| Offer for Sale | Approx. 1,19,57,915 equity shares |
| Issue Type | Book Built Issue |
| Market Lot | 23 shares |
| Listing Exchange | BSE and NSE |
Kanohar Electricals IPO Important Dates
| Event | Date |
| IPO Open Date | September 8, 2026 |
| IPO Close Date | September 10, 2026 |
| Basis of Allotment | September 11, 2026 |
| Refund Initiation | September 15, 2026 |
| Credit of Shares to Demat Account | September 15, 2026 |
| IPO Listing Date | September 16, 2026 |
What Is the Estimated Kanohar Electricals IPO Listing Price?
Based on the latest available Kanohar Electricals IPO GMP of ₹205, the estimated listing price can be calculated using the upper end of the price band.
Kanohar Electricals IPO Estimated Listing Calculation
Upper Price Band: ₹632
Latest GMP: ₹205
Estimated Listing Price: ₹837
The estimated listing premium works out to approximately 32.44% over the upper issue price.
However, this is only a GMP-based calculation and should not be considered a guaranteed listing price.
The actual market price on September 16, 2026, will depend on several factors, including investor demand, subscription figures, market conditions, and broader sentiment in the Indian stock market.
About Kanohar Electricals Limited
Kanohar Electrical Limited operates in the transformer manufacturing and engineering sectors. The company caters to various end-user industries, including power transmission, railways, renewable energy, and power distribution.
Its business operates across two principal segments:
1. Transformer manufacturing
2. Engineering, Procurement and Construction (EPC) services
According to the available company information, Kanohar Electricals is among the four manufacturers in India certified by the Research Designs and Standards Organisation (RDSO) for the manufacture of 100 MVA, 132 kV Scott transformers.
Kanohar Electricals Manufacturing Facilities
Kanohar Electricals Limited operates two manufacturing facilities located at:-
- Rithani, Meerut, Uttar Pradesh
- Gangol, Meerut, Uttar Pradesh
As of September 30, 2025, the two facilities had a combined transformer manufacturing capacity of 19,200 MVA.
What Does Kanohar Electricals IPO GMP Mean for Investors?
The Kanohar Electricals IPO GMP provides an indication of unofficial market sentiment surrounding the IPO. A higher GMP generally suggests stronger demand in the unofficial grey market, while a lower GMP may indicate relatively weaker sentiment.
Nevertheless, GMP should be interpreted carefully.
Grey market trading is unofficial and operates outside the regulated stock exchanges. Therefore, the GMP is not an official price, and there is no guarantee that the IPO will list at the estimated price.
Investors should consider several factors before applying, including:
- The company’s business model
- Financial performance
- Revenue and profitability trends
- IPO valuation
- Industry outlook
- Risk factors mentioned in the prospectus
- IPO subscription demand
- Overall stock market conditions
What Is Grey Market Premium or IPO GMP?
IPO GMP, or Grey Market Premium, refers to the unofficial premium at which shares of an upcoming IPO are traded before they are listed on stock exchanges.
For example, if an IPO has an upper price band of ₹632 and its GMP is ₹205, the estimated market expectation based on the GMP would be:
₹632 + ₹205 = ₹837
However, this does not mean the stock will definitely list at ₹837.Grey market activity is unofficial and unregulated. Prices can change depending on market sentiment and demand.
Therefore, investors should always treat GMP as an indicator rather than a guarantee.
Should You Apply for Kanohar Electricals IPO Based Only on GMP?
No. Investors should not apply for the Kanohar Electricals IPO solely because of the GMP.
Grey Market Premium can be useful for understanding unofficial market sentiment, but it does not provide a complete picture of an investment opportunity.
Before making an investment decision, investors should carefully read the official prospectus and evaluate the company’s fundamentals, financial information, valuation, risks, and growth prospects.
It is also important to understand your own investment objectives and risk tolerance.
How to Track Kanohar Electricals IPO GMP
Investors looking for regular updates can track the Kanohar Electricals IPO GMP as grey market information becomes available.
Since GMP can change frequently, the latest available figure may differ from previous updates.
For a complete IPO analysis, investors can also follow:-
- Latest IPO GMP updates
- IPO subscription status
- IPO allotment status
- IPO listing updates
- Upcoming IPO calendar
- Company and IPO details
FAQ
As of September 7, 2026, the latest available Kanohar Electricals IPO GMP is ₹205.
Based on the IPO’s upper price band of ₹632 and the latest GMP of ₹205, the estimated listing price is approximately ₹837 per share. This is only an unofficial estimate and not a guaranteed listing price.
The Kanohar Electricals IPO price band is ₹601 to ₹632 per equity share.
The IPO is scheduled to open on September 8, 2026, and close on September 10, 2026.
According to the available schedule, Kanohar Electricals IPO is expected to list on September 16, 2026, subject to the IPO timetable and exchange processes.
Conclusion
The Kanohar Electricals IPO GMP currently stands at ₹205 as of September 7, 2026, indicating positive unofficial grey market sentiment ahead of the IPO opening.
Based on the upper price band of ₹632, the GMP suggests an estimated listing price of around ₹837. However, investors should remember that Grey Market Premium is unofficial, unregulated, and subject to change.
Before applying for the IPO, it is advisable to look beyond GMP and carefully evaluate the company’s business, financial performance, valuation, industry outlook, and risks mentioned in the official offer documents.
Keep tracking the latest Kanohar Electricals IPO GMP, subscription figures, allotment updates, and listing information for a complete view of the upcoming IPO.
Disclaimer
The Kanohar Electricals IPO GMP mentioned in this article is based on the available information for the specific date stated in the update. Grey Market Premium is unofficial and may change at any time before the IPO listing.
IPOTrackers.com does not buy or sell IPO applications or participate in grey market transactions.
The information provided in this article is for educational and informational purposes only and should not be considered investment advice. Investors should not make investment decisions based solely on IPO GMP. Please read the official prospectus and consider the company’s fundamentals, financial information, risks, and your own investment objectives before investing in any IPO.Stock market investments are subject to market risks.