Kanohar Electricals Limited Raises Rs 316.72 Crore from Anchor Investors
Mumbai, September 07, 2026: Kanohar Electricals Limited, which is one of the leading domestic players in transformer manufacturing in terms of revenue in Fiscal 2026, has garnered Rs 316.72 crore from anchor investors ahead of its initial public offering, which opens for public subscription on 8 September, 2026. The company informed the bourses that it allocated 50,11,424 equity shares at Rs 632 per share to anchor investors. The anchor book saw participation from 42 leading financial institutions from India and overseas. Some of the marquee institutions that participated in the anchor include Ashoka Whiteoak ICAV – Ashoka Whiteoak Emerging Markets Equity Fund, Allianz Global Investors Fund – Allianz India Equity, HSBC Global Investment Funds - Asia Ex Japan Equity Smaller Companies, VQ FasterCap Fund and HDFC Life Insurance Company Limited. Amongst equity-oriented schemes, the company has allocated shares to ICICI Prudential Multi Cap Fund, Kotak Infrastructure & Economic Reform...