Kanishk Aluminium IPO
Metals (Aluminium) - Listed on 04 February 2026
Kanishk Aluminium IPO listing summary
Kanishk Aluminium (Metals (Aluminium)) closed its IPO window in 2026 and listed on NSE and BSE on 04 February 2026 at an upper band issue price of Rs 73, opening at Rs 58.4 for a listing gain of -20.0% and closing day one at Rs 55.48 (-24.0% on closing basis). The IPO was subscribed 1.04x overall - QIB 0.00x, HNI/NII 0.23x, Retail 1.86x. The total issue size was Rs 29.2 Cr (Fresh Issue Rs 29.2 Cr, OFS Rs 0 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
Kanishk Aluminium IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 4 | +5.48% |
| Day 2 | Rs 4 | +5.48% |
| Day 3 | - | - |
| Day 4 | - | - |
| Day 5 | - | - |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the Kanishk Aluminium IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Kanishk Aluminium IPO - FAQs
What was the listing gain of Kanishk Aluminium IPO?
Kanishk Aluminium IPO listed at -20.0% versus the upper issue price of Rs 73 on 04 February 2026.
How many times was Kanishk Aluminium IPO subscribed?
Kanishk Aluminium IPO was subscribed 1.04x overall. QIB portion was subscribed 0.00x, HNI / NII 0.23x and Retail 1.86x.
What was the IPO GMP for Kanishk Aluminium?
IPO GMP started at Rs 4 on Day 1 and moved to Rs 4 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.