Initial public offering of up to 16,704,750 equity shares of face value of Rs. 2 each ("Equity Shares") of Kanohar Electricals Limited ("Company" or "Issuer") for cash at a price of Rs. 632 per equity share (including a share premium of Rs. 630 per equity share) ("Offer Price") aggregating up to Rs. 1055.74 Crores (the "Offer") comprising of a fresh issue of up to 4,746,835 equity shares of face value of Rs. 2 each aggregating up to Rs. 300.00 Crores ("Fresh Issue") and an offer for sale of up to 11,957,915 equity shares of face value of Rs. 2/- each ("Offered Shares") aggregating up to Rs. 755.74 Crores by K Sons Family Trust ("promoter selling shareholder" and such equity shares offered by the promoter selling shareholder, the "offered shares"). The offer shall constitute [*]% of the post-offer paid up equity share capital of the company.
Price Band: Rs. 601/- to Rs. 632/- per equity share of face value of Rs. 2 each.
The floor price is 300.50 times the face value of the equity shares and the cap price is 316 times the face value of the equity shares.
Bids can made for a minimum of 23 equity shares of face value of Rs. 2 each and in multiples of 23 equity shares of face value of Rs. 2 each thereafter.