Transformer manufacturer Kanohar Electricals Limited will open its initial public offering (IPO) on September 8 at a price band of Rs 601–632 per share.
The IPO comprises a fresh issue of up to Rs 300 crore and an offer for sale of nearly 1.20 crore shares. At the upper end of the price band, the IPO could raise approximately Rs 1,055.74 crore.