Mumbai, Sept. 11 -- The initial public offer (IPO) of Kanohar Electricals received bids for 1,05,92,88,437 shares as against 1,16,93,326 shares on offer. The issue was subscribed 90.59 times.

The qualified institutional buyers' (QIB) portion was subscribed 215.37 times, while the non-institutional investors' (NII) category was subscribed 87.74 times. The retail individual investors' (RII) segment was subscribed 20.51 times.

The issue opened for bidding on 8 September 2026 and closed on 10 September 2026. The price band of the IPO is fixed between Rs 601 and 632 per share.

The offer comprises a fresh issue of equity shares of Rs 2 each, aggregating to Rs 300 crore and an offer for sale of 11957915 equity shares. The offer for sale compo...