Kanohar Electricals IPO Subscription Status
Final figures at close of bidding: 16 Sept 2026, 6:30 pm IST
| Category | Subscription |
|---|---|
| QIB | 215.37x |
| NII | 87.74x |
| sNII (₹2L–₹10L) | 75.14x |
| bNII (above ₹10L) | 94.04x |
| Retail (RII) | 20.51x |
| Total | 90.59x |
Bidding day 3
Day-wise subscription
| Day | QIB | sNII | bNII | Retail | Total |
|---|---|---|---|---|---|
| Day 1 | 0.03x | 6.51x | 4.09x | 3.36x | 2.73x |
| Day 2 | 6.5x | 21.84x | 17.91x | 8.49x | 10.22x |
| Day 3 | 215.37x | 75.14x | 94.04x | 20.51x | 90.59x |
Times subscribed per category (bids vs shares offered, anchor portion excluded). Bidding has closed — these are the final figures.
How the book filled
Day-by-day demand
Demand in the Kanohar Electricals IPO accumulated over 3 days of bidding: overall subscription stood at 2.73× at the close of day 1, read 10.22× at the end of day 2, and finished at 90.59× on day 3. On the final day it was qualified institutional buyers (QIB) driving the book, at 215.37× of the shares set aside for the category. More than half of the final demand arrived after day 1 — a late-building book. The largest single-day addition came on day 3, when the overall multiple moved from 10.22× to 90.59×.
Category detail
The QIB portion ended at 215.37×. Non-institutional investors came in at 87.74×, split 75.14× in the small-NII bucket (bids under ₹10 lakh) and 94.04× among big NIIs (above ₹10 lakh). Within the NII book, the bigger ₹10-lakh-plus bids outpaced the smaller applications. Retail investors put in bids for 20.51× the shares reserved for them. That puts qualified institutional buyers (QIB) at the top of the book at 215.37× and retail investors at the bottom at 20.51×.
What the multiple means for allotment
Retail bids ran to about 20.51 times the shares earmarked for the category. When a retail book is oversubscribed, the registrar does not allot proportionately — allotment runs as a computerised lottery among all valid applications, with each successful application receiving at least one lot of 23 shares — ₹14,536 of stock at the upper band. The multiple above is the data point that determines how thinly that draw is spread; it describes the final book, not the outcome of any single application.
Frequently asked questions
- When does the Kanohar Electricals IPO open and close?
- The Kanohar Electricals IPO opens on 8 Sept 2026 and closes on 10 Sept 2026.
- How many times was the Kanohar Electricals IPO subscribed?
- The Kanohar Electricals IPO was subscribed 90.59 times in total across all investor categories.
- What is the reservation split in the Kanohar Electricals IPO?
- Of the total shares offered, retail investors get 35%, QIBs 20% (plus 30% anchor), non-institutional investors 15%.