KSH International IPO GMP: Wire Maker’s Public Issue Booked 25% On Second Day of Bidding Amid Tepid Demand

KSH International IPO GMP: The public issue of KSH International witnessed tepid demand on the second day of subscription. The grey market premium (GMP) for the winding wire manufacturer’s shares also witnessed a decline.

KSH International IPO: Subscription Update

KSH International IPO has been subscribed to over 25 per cent across categories on the second day of subscription. Applicants cumulatively bid for 3.40 million shares compared to the 13.61 million shares offered for subscription.

The winding wire maker’s public issue has been booked 45 per cent so far in the retail individual investor category. Retail investors have applied for 3.06 million shares compared to the 6.80 million shares reserved for the category. KSH International IPO has been subscribed to 12 per cent in the non-institutional investor (NII) category. NIIs have applied for more than 3,38,442 shares compared to the 2.91 million shares reserved for the category. Qualified institutional buyers placed bids for 1,638 shares against the 3.89 million shares reserved for them.

KSH International IPO GMP

KSH International shares are commanding a GMP of Rs 6 per share. Based on the trends in grey market premium, shares of KSH International are expected to make a muted debut at Rs 390 per share with gains of 1.56 per cent.

KSH International IPO: Issue Size and Price Band

The initial public offering of KSH International has a total offer size of Rs 710 crore. The company seeks to raise the funds via a fresh issuance of 10.9 million shares aggregating to Rs 420 crore and an offer for sale of 7.6 million shares amounting to Rs 290 crore. The price band for the KSH International IPO has been fixed at Rs 365 to Rs 384 per share.

KSH International IPO: Anchor Investors

KSH International raised Rs 213 crore from anchor investors by allocating 5.546 million shares to as many as 13 investors at Rs 384. The anchor investors included HSBC Global Investment Funds, Societe Generale, Kotak Mahindra Life Insurance Company, Edelweiss Life Insurance Company, HDFC Mutual Fund (MF), Kotak MF, LIC MF and Bank of Baroda MF.

KSH International IPO: Lot Size and Minimum Investment

Retail investors interested in applying for the KSH International IPO can place bids for a minimum of 39 shares, which aggregates to an investment of Rs 14,976.

KSH International IPO: Subscription Window, Listing Date, Allotment Date

KSH International IPO subscription window opened on December 16 and is scheduled to close tomorrow, December 18. The book-building issue’s share allotment status will be decided on December 19.

After the finalisation of the share allotment status of the public issue, refunds will be initiated for unsuccessful bidders on December 22. Successful bidders will receive shares of KSH International in their demat accounts on December 22 as well. KSH International’s shares will be listed on the NSE and BSE. The tentative listing date for KSH International shares is December 23.

KSH International: Key Financials

KSH International’s total income for the period ended September 30, 2025, stood at Rs 562.6 crore, and the profit after tax of the company stood at Rs 22.68 crore. In the same time period, the net worth of the company was Rs 321.47 crore.

KSH International’s total income for FY25 stood at Rs 1,938.19 crore, increasing by over 39 per cent from Rs 1,390.5 crore in FY24. The company posted a net profit of Rs 67.99 crore in FY25, increasing by over 82 per cent compared to a net profit of Rs 37.35 crore in FY24.

KSH International IPO: Registrar

The book running lead manager for the KSH International IPO is Nuvama Wealth Management, and the registrar for the issue is MUFG Intime India.

KSH International: Promoters

KSH International’s promoters include Kushal Subbayya Hegde, Pushpa Kushal Hegde, Rajesh Kushal Hegde, Rohit Kushal Hegde, Rakhi Girija Shetty, Dhaulagiri family trust, Everest family trust, Makalu family trust, Broad family trust, Annapurna family trust, Kanchenjunga family trust and Waterloo industrial park VI. The promoters of the winding wire maker held a 98.4 per cent stake in the company cumulatively. Post the issue, their shareholding will narrow down to 71.36 per cent.

KSH International IPO: Objective

KSH International plans to use the money raised via the public issue for repayment of its borrowings, purchase of new machinery and the setting up of a rooftop solar power plant at its facility located in Supa, Maharashtra. The company will use the funds raised via the public issue for general corporate purposes.

About KSH International

KSH International is a manufacturer and exporter of magnet winding wires in India. The products made by the company are used across sectors such as power, renewable energy, and railways. The company’s product portfolio includes round enamelled copper, aluminium magnet winding wires, paper-insulated rectangular copper and continuously transposed conductors.