Kanohar Electricals gains on debut

Shares of Kanohar Electricals were currently trading at Rs 702.65 at 10:05 IST on the BSE, representing a premium of 15.29% as compared with the issue price of Rs 632.

The stock debuted at Rs 672.05 on the BSE, a premium of 6.34% over its issue price.

So far, the stock has hit a high of Rs 783.95 and a low of Rs 672.05. On the BSE, over 7.45 lakh shares of the company were traded in the counter so far.

Kanohar Electricals was subscribed 90.59 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 comprised a fresh issue of equity shares of Rs 2 each, aggregating to Rs 300 crore, and an offer for sale of 11,957,915 equity shares. The offer for sale component consisted entirely of shares sold by K Sons Family Trust, a promoter selling shareholder.