December 19th 2025.
KSH International Ltd, a leading manufacturer of magnet winding wires, has had a successful IPO with a subscription of 83% on the final day of the share sale. According to data from NSE, the IPO received bids for 1,12,35,627 shares out of the 1,36,16,438 shares offered to the public.
Out of all the investor categories, only the Qualified Institutional Buyers quota was fully subscribed at 1.06 times. The Retail Individual Investors portion received a subscription of 86%, while the non-institutional investors quota was subscribed at 42%. In addition, KSH International announced that it has raised Rs 213 crore from anchor investors on Monday.
The company, based in Pune, had a total initial public offering of Rs 710 crore with a price band of Rs 365-384 per share. This includes a fresh issue of shares worth Rs 420 crore and an offer-for-sale of stocks worth Rs 290 crore by the promoters. The proceeds from the IPO will be used for various purposes, including paying off debt, expanding their Supa facility, and setting up a new rooftop solar plant for power generation.
Established in 1981, KSH International is part of the KSH group and has been manufacturing magnet winding wires in Raigad, Maharashtra for over four decades. Over the years, the company has expanded its operations to include the production of various types of standard and specialized magnet winding wires. Their products are marketed and sold under the brand name 'KSH' and they have a total of 117 customers, including well-known companies like Bharat Bijlee, Virginia Transformer Corporation, and Siemens Energy India.
Apart from their strong presence in the Indian market, KSH International also has a significant global footprint, exporting their products to 24 countries, including the USA, UAE, and Japan. This has contributed to their success and growth as a company. It is important to note that this story is from a syndicated feed and there have been no changes aside from the headline.
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