Union of India filed application before Delhi HC challenging arbitral award of Rs 85.89 million (excl. interest) dated Feb 8, 2019, passed in favour of the Company in dispute relating to Noli-Tapri railway electrification contract terminated by Railways
Kanohar Electricals IPO
Kanohar Electricals IPO is a mainboard IPO raising ₹1,056 Cr at ₹601 – ₹632 a share. The smallest application you can make is 23 shares, costing ₹14,536 at the top of the band. Bidding has closed; the shares list on 16 Sept 2026. So far it has been subscribed 91× in total.
90.6 times more demand than shares on offer
populated partly populated we hold nothing here — the tab says why
What’s in court
The issuer’s own summary of outstanding legal proceedings — SEBI requires this table in every prospectus. Counts and amounts are as disclosed.
| Against | Criminal | Tax | Other material | Amount at stake |
|---|---|---|---|---|
| The company | 0 | 7 | 3 | ₹2.4 Cr |
| Directors | 0 | 0 | 0 | — |
| Promoters | 0 | 0 | 0 | — |
| Group companies | — | — | 0 | — |
UP Power Transmission Corp filed counter-claim of Rs 42.19 million against the Company and Chung-Hsin before Sole Arbitrator alleging balance liquidated damages payable by Claimants (counter to Company's claim of Rs 40.69 million)
Company along with Chung-Hsin filed arbitration claim dated Nov 25, 2023 against UP Power Transmission Corp for Rs 40.69 million towards wrongly deducted liquidated damages, incentive and labour cess for Neebu Park GIS sub-station project
Company has 7 pending indirect tax cases aggregating Rs 23.80 million in dispute (not adjusted for duties paid); no direct tax cases
Company filed 6 suo moto adjudication applications dated Dec 6, 2025 before RoC under Section 454 of Companies Act for past non-compliances relating to CSR committee, woman director, audit committee, NRC, independent directors and secretarial audit (subsequently rectified)
Amounts converted from Rs million to ₹ crore using 1 crore = 10 million. Tax bucket amount_cr for Company reflects only the disclosed tax demand of Rs 23.80 million; the three material arbitration/award matters (Rs 40.69m + Rs 85.89m + Rs 42.19m = Rs 168.77 million ≈ Rs 16.88 crore) are captured separately in 'notable'. No grand total is explicitly stated in the text, so total_amount_cr returned as null. Criminal counts for Company, Directors and Promoters are all stated as Nil (rendered as 0). Group Companies litigation bucket derived from statement on p429 that they are 'not party to any litigation which may have a material impact'; no breakdown given. Subsidiaries not separately discussed in this section.. Outstanding means unresolved — a listed case is an exposure, not a verdict.
Source documents
What the issuer and the exchanges published. Everything else on this tab is read out of these.
The full prospectus — business, financials, risk factors and litigation.
Which institutions were allotted shares before bidding opened, and how many.
Where physical applications could be submitted.
The issuer's own "basis of issue price": the earnings multiples it is asking for, and the peer companies it chose to compare itself against.
The full prospectus — business, financials, risk factors and litigation.