KSH International IPO

The KSH International IPO is a book-built issue of Rs 710 crore, comprising a fresh issue of 1.09 crore shares worth Rs 420 crore and an offer for sale of 0.76 crore shares worth Rs 290 crore, opening for subscription from Dec 16 to Dec 18, 2025, with allotment expected on Dec 19 and a tentative listing on BSE and NSE on Dec 23, 2025. The IPO’s price band is Rs 365 to Rs 384 per share, with a lot size of 39 shares, requiring a minimum retail investment of Rs 14,976, while sNII investors must apply for 14 lots (546 shares) amounting to Rs 2,09,664, and bNII investors for 67 lots (2,613 shares) amounting to Rs 10,03,392. Nuvama Wealth Management Ltd. is the lead manager, and MUFG Intime India Pvt. Ltd. is the registrar for the issue.

KSH International IPO Details

Check out the issue details for KSH International IPO as disclosed in SEBI.

IPO Price

₹ 384

Price Band

₹ 365 - 384

Issue Size

710 Cr.

Issue Type

Book Built

Open

2025-12-16

Close

2025-12-18

Listingprice

₹ 370

ListingGain

-3.65%

Listing Date

2025-12-23

CMP

₹ 353.3

Current Return

-7.99%

Company Financials

You can get the following financial statements of KSH International as of now.

KSH International IPO Details

The details about the KSH International IPO are as follows:

  • The issue size of the IPO is Rs 710.00 Cr.
  • The price band for KSH International IPO is Rs 365 to Rs 384.
  • The shares of KSH International IPO will list on BSE and NSE.
  • The latest tentative GMP of KSH International IPO is Rs 0.
  • The shares of KSH International IPO are subscribed 0.86 Times.

 

KSH International IPO Valuation

The approximate valuation of KSH International IPO based on its price band and RHP is:

Particulars Value
Upper Price Band Rs 384
Existing Shares (Qty) 5.68 Cr
Fresh Issue Rs 420.00 Cr
Market Cap Rs 2601.12 Cr
EPS (FY25) Rs 11.97
PE Ratio 32.08x
Industry PE 45.48x

 

KSH International IPO Issue Size

KSH International IPO issue size is Rs 710.00 Cr.

Issue Amount
Fresh Issue Rs 420.00 Cr
Offer For Sale Rs 290.00 Cr

 

KSH International IPO Market Lot

An individual can apply for a minimum of 1 lot of 39 shares and a maximum of 13 lots (507 shares). Find the details below:

Application Lot Shares Amount
Retail Minimum 1 39 Rs 14,976
Retail Maximum 13 507 Rs 1,94,688

 

KSH International IPO Share Offer

The shares of KSH International IPO are subscribed 0.86 Times. The category-wise shares offered are as follows:

Category % Offered
Qualified Institutional Not more than 50%
Non-Institutional Not less than 15%
Retail Individual Not less than 35%

 

KSH International IPO GMP (Grey Market Premium)

As on GMP (Tentative)
18 December 2025 Rs 0

KSH International IPO GMP is purely for informational purposes. Invest in an IPO after thoroughly researching on your own.

KSH International IPO Dates

Find below the dates for KSH International IPO

Schedule Date
Basis of Allotment 19 Dec 2025
Refunds 22 Dec 2025
Credit to Demat Account 22 Dec 2025
IPO Listing Date 23 Dec 2025

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2022 Mar 2023 Mar 2024 Mar 2025
Net Sales 870.59 1049.46 1382.82 1928.29
Total Expenditure 820.02 998.28 1310.83 1805.15
Operating Profit 50.57 51.18 71.99 123.14
Other Income 5.88 7.14 7.68 9.9
Interest 9.89 14.65 18.09 28.61
Depreciation 6.02 8.19 10.95 14
Exceptional Items 0 0 0 0
Profit Before Tax 40.54 35.47 50.62 90.43
Provision for Tax 12.97 8.86 13.27 22.44
Net Profit 27.57 26.61 37.35 67.99
Adjusted EPS (Rs.) 0.49 0.47 0.66 1.2

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity and Liabilities
Share Capital 5.68 5.68 5.68 28.41
Total Reserves 161.34 187.97 225.26 270.14
Borrowings 7.1 7.81 34.35 115.86
Other N/C liabilities 16.51 15.55 12.93 10.31
Current liabilities 187.76 142.16 204.48 320.19
Total Liabilities 378.4 359.18 482.71 744.91
Assets
Net Block 97.12 107.42 139.73 133.07
Capital WIP 10.56 9.42 7.42 107.76
Intangible WIP 0 0 0 0
Investments 0 0 0 0
Loans & Advances 11.88 5.92 8.09 29.15
Other N/C Assets 0 0 0 0
Current Assets 258.84 236.42 327.47 474.93
Total Assets 378.4 359.18 482.71 744.91
* Other Non-current Liabilities include Net deferred Liabilities

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2025 74.58 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2022 Mar 2023 Mar 2024 Mar 2025
Profit from operations 40.54 35.47 50.62 90.43
Adjustment 10.79 22.01 27.79 39.56
Changes in Assets & Liabilities -84.11 13.16 -83.43 -119.11
Tax Paid -9.1 -8.55 -12.21 -20.65
Operating Cash Flow -41.88 62.09 -17.23 -9.77
Investing Cash Flow -20.15 -19.97 -38.81 -118.37
Financing Cash Flow 51.75 -40.61 67.43 122.89
Net Cash Flow -10.27 1.51 11.39 -5.25

KSH International IPO: Date, Price Band, & Company Details

KSH International Limited, a leading manufacturer of insulated copper conductors, is set to launch its Initial Public Offering (IPO) on December 16, 2025. The public issue, which closes on December 18, 2025, aims to raise Rs 710.00 crore through a combination of a fresh issue of shares and an Offer for Sale (OFS).

About KSH International

Based in Pune, KSH International is a key player in the electrical component manufacturing sector, specialising in insulated rectangular and round copper conductors. These products are critical components used in transformers, motors, alternators, and generators. The company supplies to major domestic and international Original Equipment Manufacturers (OEMs) in the power and automotive sectors.

Key Business Highlights

  • Diverse Product Portfolio: The company manufactures a wide range of conductors, including continuously transposed conductors (CTC), paper-insulated copper conductors (PICC), and enamelled copper conductors.

  • Strong Financial Growth: KSH International has demonstrated robust financial performance, with total income growing significantly from Rs 1,056.60 crore in FY23 to Rs 1,938.19 crore in FY25. Profit After Tax (PAT) also surged from Rs 26.61 crore to Rs 67.99 crore in the same period.

  • Expansion Plans: The company is actively expanding its manufacturing capabilities. A portion of the IPO proceeds is earmarked for purchasing new machinery and setting up a rooftop solar power plant at its Supa facility to enhance operational efficiency and sustainability.

KSH International IPO Details (2025)

  • IPO Open Date: December 16, 2025

  • IPO Close Date: December 18, 2025

  • Listing Date: December 23, 2025 (Tentative)

  • Price Band: Rs 365 – Rs 384 per share

  • Issue Size: Rs 710.00 crore

  • Fresh Issue: Rs 420.00 crore

  • Offer for Sale (OFS): ?290.00 crore

  • Lot Size: 39 Shares

  • Minimum Investment (Retail): Rs 14,976 (for 1 lot) at the upper price band

  • Face Value: Rs 5 per share

IPO Structure & Utilisation

  • Offer for Sale: The OFS component comprises shares worth Rs 290.00 crore, sold by promoters Kushal Subbayya Hegde, Pushpa Kushal Hegde, Rajesh Kushal Hegde, and Rohit Kushal Hegde.

  • Use of Proceeds: The net proceeds from the fresh issue will be utilised for:

    • Debt Repayment: Rs 225.98 crore for repayment or prepayment of certain borrowings.

    • Capital Expenditure: Rs 87.02 crore for the purchase and setup of new machinery at two plants.

    • Sustainability: Rs 8.83 crore for setting up a rooftop solar power plant at the Supa facility.

    • General Corporate Purposes: The remaining funds will be allocated for general corporate needs.

  • Reservation: The issue has a reservation of not more than 50% for Qualified Institutional Buyers (QIBs), not less than 15% for Non-Institutional Investors (NIIs), and not less than 35% for Retail Individual Investors (RIIs).

Key Dates & Timeline

  • Anchor Investor Bidding: December 15, 2025

  • IPO Opening: December 16, 2025

  • IPO Closing: December 18, 2025

  • Basis of Allotment: December 19, 2025

  • Credit of Shares to Demat: December 22, 2025

  • Listing on BSE & NSE: December 23, 2025

Frequently Asked Questions (FAQs) about KSH International IPO

Q1: When is the KSH International IPO scheduled to open?
The IPO will be open for subscription from December 16 to December 18, 2025.

Q2: What is the price band for the KSH International IPO?
The price band has been fixed at Rs 365 to Rs 384 per share.

Q3: What is the minimum investment for retail investors?
Retail investors need to invest a minimum of Rs 14,976 for one lot of 39 shares at the upper price band.

Q4: Who are the book-running lead managers for the IPO?
Nuvama Wealth Management and ICICI Securities are the book-running lead managers for the issue.

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