
KSH International
CLOSEDIPO Date: 16 Dec - 18 Dec 2025
Listing Date: 23 Dec 2025
Price Range
Rs.365 - Rs.384
Issue Size
710 Cr
Min Investment
₹14,235
Lot Size
39 Shares
Schedule of KSH International
Issue open date
16 Dec 2025
Issue close date
18 Dec 2025
UPI mandate deadline
18 Dec 2025 (5 PM)
Allotment finalization
19 Dec 2025
Share credit
22 Dec 2025
Listing date
23 Dec 2025
Mandate end date
2 Jan 2026
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 710 Cr |
| Fresh Issue | 420 Cr |
| Offer for Sale | 290 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 19 Dec 2025 |
| Allotment Link | {Link} |
Grey Market PremiumNew
Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | Ipo Price | GMP | Estimated Listing Price |
|---|
Performance KSH International
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| Rs.365 - Rs.384 | ₹ 1747 (-3.65%) | ₹ 446.55 | 16.29% |
About KSH International
KSH International is an Indian manufacturer of magnet winding wires used in transformers, motors, alternators, and generators across multiple industrial and power applications. The company produces standard and specialised magnet winding wires, including round enamelled copper and aluminium wires, paper-insulated rectangular copper and aluminium wires, rectangular enamelled copper and aluminium wires, continuously transposed conductors (CTC), and bunched paper-insulated copper wires. Its products are supplied mainly to OEM customers in sectors such as power generation, transmission and distribution, renewables, railways, automotive (EV and ICE), industrial equipment, home appliances, refrigeration and air conditioning, and as of June 30, 2025, are exported to 24 countries, including the USA, UAE, Germany, Japan, and others. KSH International operates three manufacturing facilities in Maharashtra: two in Chakan, Pune, and one in Taloja, Raigad, and has commenced operations at a fourth facility in Supa, Ahilyanagar, Maharashtra.
| Founded in | 1979 |
| Managing director | Mr Rajesh Kushal Hegde |
| Parent organization |
Financial Overview
Strengths
- One of India’s leading manufacturers of magnet winding wires with a comprehensive product suite.
- Diversified product portfolio catering to multiple end-use industries, enabling strong cross-selling.
- Products serve critical applications across power, renewables, automotive, industrials, railways, and appliances.
- Large, strategically located manufacturing facilities with significant installed capacity and expansion underway.
- Strong export presence as the largest exporter of magnet winding wires from India in FY25.
Risks
- High dependence on top customers, contributing over half of total revenue across multiple years.
- Significant exposure to raw material price volatility, especially copper and aluminium.
- Manufacturing facilities face operational hazards including equipment failure, fire, accidents, and force-majeure events.
- Insurance coverage may not be adequate to cover all potential operational and catastrophic risks.
- Differences between Ind AS and other international accounting standards may affect investor interpretation of financials.
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | 1.06 |
| Non-Institutional Investors (NIIs) | 0.41 |
| Retail Individual Investors (RIIs) | 0.82 |
| Employee | N/A |
| Total | 0.8 |