Kanohar Electricals has debuted at Rs 672.05 on the BSE, up by 40.05 points or 6.34% from its issue price of Rs 632.00.
The scrip is currently trading at Rs. 746.40, up by 114.40 points or 18.10% from its issue price.
It has touched a high and low of Rs. 783.95 and Rs. 672.05 respectively. So far 8.88 lakh shares were traded on the counter.
The offering, which was open for subscription from September 08, 2026 to September 10, 2026 was subscribed 90.59 times. The issue price was fixed at Rs 632 per share i.e. at upper end of price band of Rs 601-632 apiece.
Kanohar Electricals is one of the leading domestic players in transformer manufacturing. The company manufactures reliable, cost effective and high-quality transformers for generation, transmission and distribution of electric power up to 500 MVA, 400kV.