The party announced his candidature Wednesday.
It also named sitting MPs Bal Kumar Patel for Mirzapur and Radhey Mohan Singh for Ghazipur. The SP has so far declared candidates for 65 of the 80 Lok Sabha seats in UP.
Raju Srivastava, who hails from Kidwai Nagar in Kanpur, had campaigned for Congress MLA Ajay Kanpur during the Assembly elections last year. He had also campaigned for the Congress in Bihar.
Kanpur is presently represented by Union minister Sriprakash Jaiswal who has held this seat since 1999.
Patel is the brother of slain dacoit Dadua. His son Ram Singh, an SP MLA, was recently in the news in connection with an abduction.