04 Feb 2026 | 5 Mins Read
Kanishk Aluminium India IPO lists today with positive GMP
Flipitmoney
Kanishk Aluminium India's IPO subscribed 1.04 times, with retail investors subscribing 1.86 times. The IPO of Rs 29.20 crore was a fixed-price issue at Rs 73 per share. The company, valued at Rs 98.1 crore, plans to use IPO proceeds for repayment of borrowings and branding. Shares are scheduled to list on BSE SME on February 4 with zero grey market premium, indicating muted expectations.