Independent Research on Mutual Funds, Stocks & IPOs for Indian Investors

Kanohar Electricals Limited, incorporated 1972 and based in Meerut, Uttar Pradesh, manufactures power transformers and provides EPC (Engineering, Procurement, Construction) services for power transmission, railways, renewable energy and industrial customers. One of the few RDSO-certified manufacturers (Indian Railways' R&D arm) for 100 MVA 132kV and 220kV Scott transformers. Two manufacturing facilities at Rithani and Gangol (Meerut) with combined capacity of 19,200 MVA as of Sept 2025. 497+ employees, five regional offices (Delhi, Mumbai, Kolkata, Bengaluru, Chennai). Promoters: Singhal family (Dinesh, Adesh, Vivek, Abhishek, Virat, Aditya Singhal) holding ~99% pre-IPO. DRHP filed January 23, 2026; SEBI approval received June 22, 2026 (valid 12 months). IPO is fresh issue of ₹300 Cr plus OFS of up to 1.46 Cr equity shares (face value ₹2). Proceeds for working capital (~₹130 Cr) and capex (~₹66.74 Cr). Price band and dates TBA.