IPO market

Kanishk Aluminium India IPO is a SME fixed price IPO. Issue size is 29 Cr. Price band is ₹73 per share. Minimum investment is ₹2.34 L. Lot size is 1600 shares. Open from 28 Jan 2026 to 30 Jan 2026. Allotment on 2 Feb 2026. Listing on 4 Feb 2026 at BSE. Managed by Sun Capital Advisory Services Pvt.Ltd. Registrar: Kfin Technologies Limited. Key details for GMP, subscription, price, allotment, and listing in one place.
Live IPO subscription for Kanishk Aluminium India IPO across categories. Total demand ₹38.35 L vs offered ₹38.00 L.
Official documents:DRHP.
| Category | Offered | Placed | Times |
|---|---|---|---|
| NII | 18,99,200 | 6,28,800 | 0.33 |
| Retail | 19,00,800 | 35,32,800 | 1.86 |
| Total | 38,35,200 | 38,00,000 | 1.01 |
| Category | Offered | Placed | Times |
|---|---|---|---|
| HNI (>10L) | 789 | 10 | 0.01 |
| HNI (3-10L) | 395 | 64 | 0.16 |
| Retail | 594 | 1,104 | 1.86 |
| Total | 1,178 | 1,778 | 0.66 |
How to read QIB / NII / Retail demand and what it implies.