Kanohar Electricals Files IPO Draft, Plans ₹300 Crore New Share Issue

• Kanohar Electricals, a transformer manufacturer from Uttar Pradesh, has submitted draft documents to SEBI for its IPO.
• The company aims to raise ₹300 crore through a fresh issue of shares, with promoter K Sons Family Trust also selling 1.45 crore shares via OFS.
• Funds from the IPO will be used for new machinery, facility development at Gangol, and working capital requirements.
• Kanohar Electricals reported a revenue of ₹165.5 crore and a profit of ₹30.6 crore for April-September 2025.
• The company's profit surged by 267% to ₹65.1 crore in fiscal year 2025, with revenue increasing by 62.9% to ₹450.6 crore.

Why It Matters: Kanohar Electricals is set to launch an IPO to raise ₹300 crore for expansion and working capital.