Mumbai, Sept. 8 -- The initial public offer (IPO) of Kanohar Electricals received bids for 3,15,56,230 shares as against 1,16,93,326 shares on offer, according to stock exchange data at 17:00 IST on 8 September 2026. The issue was subscribed 2.70 times.

The issue opened for bidding on 8 September 2026 and will close on 10 September 2026. The price band of the IPO is fixed between Rs 601 and 632 per share. An investor can bid for a minimum of 23 equity shares and multiples thereof.

The offer comprises 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 component consists entirely of sale by K Sons Family Trust, a promoter selling shareholder.

The compa...