KSH International IPO will open for subscription on December 16, 2025, and close on December 18, 2025. The company aims to raise around ₹710 crore through a Book Built Issue, including a fresh issue of ₹420 crore and an offer for sale of 75,52,083 equity shares.
The price band has been fixed at ₹365 to ₹384 per share. The IPO is scheduled to list on BSE and NSE on December 23, 2025. The allotment will be finalized on December 19, 2025.
The company’s financial performance shows strong growth, with revenue rising to ₹1,938.19 crore in 2025 from ₹1,390.50 crore in 2024 and profit increasing to ₹67.99 crore from ₹37.35 crore. Looking at the improving profitability and expansion plans, long-term investors may consider applying.
Contents
KSH International IPO Details
| Particulars | Details |
|---|---|
| IPO Open Date | December 16, 2025 |
| IPO Close Date | December 18, 2025 |
| Face Value | ₹5 per share |
| IPO Price Band | ₹365 to ₹384 per share |
| Issue Size | Approx ₹710 crore |
| Fresh Issue | Approx ₹420 crore |
| Offer for Sale | 75,52,083 equity shares |
| Issue Type | Book Built Issue |
| IPO Listing | BSE & NSE |
| DRHP Draft Prospectus | View PDF |
| RHP Draft Prospectus | View PDF |
KSH International IPO
Open: 16-18 Dec 2025
Issue Size: ₹710 Cr.
Objective: Repay debt, expand capacity, set up solar plant, and support growth.
Exchange: NSE BSE
KSH International IPO GMP Today
The grey market premium (GMP) for the KSH International IPO has not shown any movement yet. As per the latest updates, the GMP continues to remain at ₹0, indicating that the market is still waiting for clear demand signals. Since the GMP has only been active for two sessions, it is too early to judge the overall sentiment.
Investors usually track the early trend to gauge listing expectations, but for now, the premium suggests a flat listing at the issue price. We are monitoring the movement daily to provide accurate, data-backed insights for readers.
KSH International IPO Day-wise GMP Trend:
| Date | GMP | Estimated Listing Price | Expected Gain |
|---|---|---|---|
| 12 Dec 2025 | ₹0 (No Change) (—) | ₹384 | ₹0 |
| 11 Dec 2025 | ₹0 (No Change) (—) | ₹384 | ₹0 |
Both days show zero GMP, meaning there is no premium over the issue price of ₹384. With no positive or negative movement, the estimated listing price stays unchanged, and there is no expected gain.
This indicates a neutral market outlook so far, with investors waiting for clearer signals before building strong grey market activity
Disclaimer: GMP is based on grey market news. We do not trade or recommend trading in the grey market or Subject to Sauda (sub2) rates.
KSH International IPO Review
KSH International is showing consistent revenue and profit growth over the last three years. With strong fundamentals and a clear expansion strategy, the issue looks positive for long-term wealth creation. The margins and return ratios are improving, making it a steady industrial player.
KSH International IPO Market Lot
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 39 | ₹14,976 |
| Retail Maximum | 13 | 507 | ₹1,94,688 |
| S-HNI Minimum | 14 | 546 | ₹2,09,664 |
| S-HNI Maximum | 66 | 2,574 | ₹9,88,416 |
| B-HNI Minimum | 67 | 2,613 | ₹10,03,392 |
IPO Reservation
| Investor Category | Share Offered | % Shares |
|---|---|---|
| Anchor Investor | – | –% |
| QIB | – | 50% |
| NII | – | 15% |
| Retail | – | 35% |
- Also Read: MARC Technocrats IPO (17-19 Dec)
KSH International IPO Anchor Investors
| Particulars | Details |
|---|---|
| Anchor Bidding Date | December 15, 2025 |
| Anchor Investors List | View PDF |
| Shares Offered | [.] Shares |
| Anchor Size | [.] Cr. |
| Lock-in End Date (30 Days) | January 18, 2026 |
| Lock-in End Date (90 Days) | March 19, 2026 |
KSH International IPO Dates
| Event | Date |
|---|---|
| IPO Open Date | December 16, 2025 |
| IPO Close Date | December 18, 2025 |
| Basis of Allotment | December 19, 2025 |
| Refunds | December 22, 2025 |
| Credit to Demat | December 22, 2025 |
| Listing Date | December 23, 2025 |
| Bidding Cut-off Time | December 18, 2025 – 5 PM |
Promoters and Holding Pattern
| Particular | Shares | % Share |
|---|---|---|
| Promoter Holding Pre Issue | 5,68,18,200 | 98.40% |
| Promoter Holding Post Issue | 6,77,55,700 | –% |
Objects of the Issue
The company plans to use the funds for repayment of certain borrowings, purchase and installation of new machinery at two of its plants, and setting up a rooftop solar power plant at the Supa facility. A part of the proceeds will also be used for general corporate purposes.
About KSH International IPO
KSH International started its operations in 1981 by manufacturing magnet winding wires in Taloja, Raigad, Maharashtra. Over the last four decades, the company has expanded into producing a wide range of standard and customized magnet winding wires.
Their product line includes round enamelled copper and aluminium wires, rectangular wires, continuously transposed conductors, and paper-insulated wires.
As of December 31, 2024, the company operates three manufacturing units with a combined annual capacity of 29,045 MT. Two plants are located in Chakan, Pune, and one in Taloja, Raigad.
Company Financial Report (₹ in Crores)
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2023 | ₹1,056.60 | ₹1,021.13 | ₹26.61 | ₹359.18 |
| 2024 | ₹1,390.50 | ₹1,339.88 | ₹37.35 | ₹482.71 |
| 2025 | ₹1,938.19 | ₹1,847.76 | ₹67.99 | ₹744.91 |
| June 2025 | ₹562.60 | ₹529.07 | ₹22.68 | ₹793.28 |
KSH International IPO Valuation – FY2025
| KPI | Values |
|---|---|
| ROE | 22.77% |
| ROCE | 16.60% |
| EBITDA Margin | 6.35% |
| PAT Margin | 3.51% |
| Debt to Equity | 1.17 |
| EPS | ₹11.97 (Basic) |
| P/E Ratio | N/A |
| RoNW | 22.77% |
| NAV | ₹52.54 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Precision Wires India Ltd | 5.04 | 50.60 | 15.63% | 32.25 | ₹4,014.83 Cr |
| Ram Ratna Wires Ltd | 15.06 | 40.37 | 14.39% | 110.74 | ₹3,676.75 Cr |
IPO Lead Managers
Nuvama Wealth Management Limited
ICICI Securities Limited
Company Address
| Field | Details |
|---|---|
| Company | KSH International Ltd |
| Address | 11/3, 11/4 and 11/5, Village Birdewadi, Chakan, Taluk Khed, Pune, Maharashtra, 410501 |
| Phone | +91 20 45053237 |
| cs.connect@kshinternational.com | |
| Website | https://kshinternational.com/ |
IPO Registrar
MUFG Intime India Private Limited
Phone: +91-22-4918 6270
Email: kshinternational.ipo@in.mpms.mufg.com
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
KSH International IPO FAQs
What is KSH International IPO?
It is a mainboard IPO worth ₹710 crore priced at ₹365 to ₹384 per share. The shares will be listed on BSE and NSE.
When will the IPO open?
The IPO opens on December 16, 2025 and closes on December 18, 2025.
What is the investor allocation?
QIB: 50%, NII: 15%, Retail: 35%.
How to apply?
You can apply via ASBA through your bank or via UPI through stockbrokers. Offline applications through brokers are also allowed.
What is the issue size?
Total issue size is ₹710 crore.
What is the lot size?
Minimum lot is 39 shares.
What is the allotment date?
Allotment will be announced on December 19, 2025.
When will it list?
Listing is scheduled for December 23, 2025 on BSE & NSE.
Expert Comment
KSH International has shown steady growth in revenue, profit, and return ratios over the past three years. The company is expanding its manufacturing capabilities and focusing on energy efficiency through its solar power investments.
Valuations appear reasonable for a growing industrial player. Investors with a long-term outlook may consider subscribing to the IPO, while short-term listing gains will depend on market sentiment.
