Kanohar Electricals Limited

listedRefreshing

NSE · Source: SEBI

DRHP3 Sept 2026completed
RHP3 Sept 2026completed
Price band3 Sept 2026completed
Opened8 Sept 2026completed
Closed10 Sept 2026completed
Allotted11 Sept 2026completed
Listed16 Sept 2026completed

Price band

₹601–₹632

Issue size

₹1,055.74 Cr

Fresh issue

₹300 Cr

Offer for sale

—

GMP ₹182 (28.8%)grey-market · 37 days ago

Governance observations

Supported by the filing.

K Sons Family Trust, the Promoter Selling Shareholder, owns 72,203,991 Equity Shares representing 97.00% of pre-Offer share capital and proposes to sell up to 14,590,000 shares. Its disclosed weighted average and average acquisition cost for the relevant shares is Nil. (p.1, 24, 31)
Promoters and promoter-group entities together held 74,231,991 Equity Shares, representing 99.72% of pre-Offer paid-up share capital, as of the DRHP date. (p.24)
Aggregate related-party transactions were Rs 455.22 million or 10.10% of revenue from operations in Fiscal 2025 and Rs 360.53 million or 13.03% in Fiscal 2024. (p.31)
The Company has six pending suo moto RoC adjudication applications covering historical Companies Act non-compliances relating to committees, director appointments and secretarial audit. The DRHP states that the underlying lapses have been rectified. (p.418)
The statutory auditor reports included no audit qualifications or emphasis-of-matter paragraphs for the reported periods, although separate historical CARO observations and compliance matters are disclosed. (p.374)
The Company's shares were voluntarily delisted from BSE, Delhi Stock Exchange and Uttar Pradesh Stock Exchange in 2010 and the current Offer seeks a new listing on BSE and NSE. (p.1, 2, 3)

Selling shareholders

Who is offloading shares in this offer, as named in the filing. The reading captures names, not the per-seller split of shares or amount — that level of detail is a fresh-issue/OFS split for the whole offer, not per shareholder, in most prospectuses this reads.

— (p.1, 81)

Counterparty	Nature	Amount	% of revenue	Pages
Dinesh Singhal	Remuneration	Rs 10.75 million; Rs 8.28 million; Rs 8.28 million; Rs 6.03 million	0.65%; 0.18%; 0.30%; 0.20%	—
Dinesh Singhal	Loan taken	Nil; Rs 114.40 million; Rs 132.40 million; Rs 0.90 million	N.A.; 2.54%; 4.79%; 0.03%	—
Dinesh Singhal	Loan repaid including interest expenses	Nil; Rs 186.75 million; Rs 105.00 million; Rs 2.87 million	N.A.; 4.14%; 3.79%; 0.09%	—
Adesh Singhal	Remuneration	Rs 9.50 million; Rs 8.28 million; Rs 8.28 million; Rs 6.03 million	0.57%; 0.18%; 0.30%; 0.20%	—
Brijesh Singhal	Remuneration	Rs 9.50 million; Rs 8.28 million; Rs 8.28 million; Rs 6.03 million	0.57%; 0.18%; 0.30%; 0.20%	—
Vivek Singhal	Remuneration	Rs 8.25 million; Rs 8.10 million; Rs 8.10 million; Rs 5.85 million	0.50%; 0.18%; 0.29%; 0.19%	—
Abhishek Singhal	Remuneration	Rs 8.25 million; Rs 8.10 million; Rs 8.10 million; Rs 5.85 million	0.50%; 0.18%; 0.29%; 0.19%	—
Virat Singhal & Associates	Professional charges and consultancy	Nil; Rs 6.89 million; Rs 10.47 million; Rs 3.37 million	N.A.; 0.15%; 0.38%; 0.11%	—
Aditya Singhal & Associates	Professional charges and consultancy	Nil; Rs 6.87 million; Rs 10.41 million; Rs 3.33 million	N.A.; 0.15%; 0.38%; 0.11%	—
Ganpati Softech Private Limited	Rent and technical services	Rs 4.20 million; Rs 6.00 million; Rs 6.00 million; Rs 6.00 million	0.25%; 0.13%; 0.22%; 0.20%	—
Northstar Fixtures and Furniture Private Limited	Rent	Nil; Rs 1.80 million; Rs 1.80 million; Rs 1.80 million	N.A.; 0.04%; 0.07%; 0.06%	—
All related parties	Aggregate related party transactions disclosed in the summary table	Rs 55.99 million; Rs 455.22 million; Rs 360.53 million; Rs 91.53 million	3.38%; 10.10%; 13.03%; 3.01%	—

Governance observations

Selling shareholders

Governance observations

Selling shareholders

Related-party transactions