KSH International Limited Link 
Allotment
KSH International IPO is a book-built issue aggregating ₹710.00 crore, comprising a fresh issue of 1.09 crore equity shares worth ₹420.00 crore and an offer for sale of 0.76 crore shares amounting to ₹290.00 crore.
The IPO opened for subscription on December 16, 2025, and will close on December 18, 2025. The allotment is expected to be finalized on December 19, 2025, while the tentative listing on BSE and NSE is scheduled for December 23, 2025.
The price band for the issue is fixed between ₹365.00 and ₹384.00 per share, with a lot size of 39 shares. Retail investors need a minimum investment of ₹14,976, calculated at the upper price band. For sNII investors, the minimum application is 14 lots (546 shares) amounting to ₹2,09,664, whereas bNII investors must apply for at least 67 lots (2,613 shares) totaling ₹10,03,392.
Nuvama Wealth Management Ltd. is acting as the book running lead manager for the issue, and MUFG Intime India Pvt. Ltd. has been appointed as the registrar. Investors are advised to refer to the KSH International IPO RHP for comprehensive details.
₹384
0%
Open
₹384
HIgh - Low
₹384
Previous Close
₹384
Total Traded Value
0
52 Weeks High
₹384
52 Weeks Low
₹384
Updates On
Dec 10, 2025
IPO. Open
Dec 16, 2026
IPO. Close
Dec 18, 2026
IPO. Price
₹384.00
IPO Market price
₹2,601.82 Cr
IPO Details
| IPO Date | 23 Dec |
| IPO Listing Date | 23 Dec |
| IPO Face Value | Rs.5 per Equity Share |
| IPO Price Range | ₹384.00 |
| IPO Issue Size | 1,36,16,438 Equity Shares |
| IPO Sale Type | Fresh Issue and Offer for Sale |
| Employee Discount | - |
| IPO Issue Type | 100% Book Building |
| IPO Listing | BSE Limited and NSE Platform |
| Share Holding Pre Issue | 5,68,182 shares |
IPO Timeline
| IPO Open Date | 16 Dec |
| IPO Close Date | 18 Dec |
| IPO Allotment (Tentative) | 19 Dec |
| Refunds | 22 Dec |
| Credit to Demat Account | 22 Dec |
| IPO Listing Date | 23 Dec |
IPO Reservation
| Category | Offer |
|---|---|
| QIB Shares Offered | Not more than 50% of Offer Size |
| NII (HNI) Shares Offered | Not less than 15% of the total Offer Size |
| Retail Shares Offered | Not less than 35% |
IPO Lot Size
Investors can bid for a minimum of 39 shares and in multiples thereof.
| Application | Lots | Share | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 39 | 14,235–14,976 |
| Retail (Max) | 13 | 507 | 184,755–194,688 |
| S-HNI (Min) | 14 | 546 | 1,99,290–2,09,664 |
| S-HNI (Max) | 66 | 2,574 | 93,921–98,816 |
| B-HNI (Min) | 67 | 2,613 | ₹10,03,392 |
Established in 1979, KSH International Limited is one of India’s leading manufacturers and the largest exporter of magnet winding wires. Operating under the “KSH” brand, the company supplies high-quality products to OEMs across power, renewable energy, railways, automotive, and industrial sectors.
KSH International’s product portfolio includes round enamelled copper and aluminium magnet winding wires, paper-insulated rectangular copper and aluminium wires, continuously transposed conductors, rectangular enamelled copper and aluminium wires, and bunched paper-insulated copper magnet winding wires.
The company is an approved supplier to major public and private organizations such as PGCIL, NTPC, NPCIL, and RDSO, and exports its products to 24 countries, including the USA, Germany, the UAE, and Japan. KSH International currently operates three manufacturing facilities located in Taloja and Chakan, Maharashtra, with a combined annual capacity of 29,045 MT. A fourth manufacturing unit is under development at Supa, Ahilyanagar, and is expected to commence operations in FY 2026.
KSH International is supported by a strong in-house R&D and engineering team focused on product innovation, process optimization, and cost efficiency. The company holds key certifications including ISO 9001, ISO 14001, ISO 45001, and IATF 16949, reflecting its commitment to quality and operational excellence.
Recognized for its consistent quality and reliability, KSH International has received multiple awards from leading customers such as Toshiba T&D Systems India, GE Power Grid Solutions, and BHEL. As of June 30, 2025, the company employs 157 full-time professionals.
Competitive Strengths
A leading magnet winding wire manufacturer in India with a wide and diversified product portfolio serving multiple industries.
Large, strategically located manufacturing facilities supported by advanced technologies and continuous product and process development.
Strong, long-term relationships with a diversified domestic and international customer base.
Proven operational track record backed by required certifications and approvals in a high entry-barrier industry.
Experienced promoters and a skilled senior management team driving sustainable growth.
Company Financials (Consolidated)
| Assets | 793.28 | 744.91 | 482.71 |
| Total Income | 562.6 | 1,938.19 | 1,390.50 |
| Profit After Tax | 22.68 | 67.99 | 37.35 |
| EBITDA | 40.28 | 122.53 | 71.46 |
| NET Worth | 321.47 | 298.55 | 230.95 |
| Reserves and Surplus | 293.07 | 270.14 | 225.26 |
| Total Borrowing | 379.39 | 360.05 | 206.81 |
Key Performance Indicator (KPI)
| ROE | 22.77 |
| ROCE | 16.6 |
| Debt/Equity | - |
| RoNW | 22.77 |
| PAT Margin | 3.51% |
| EBITDA Margin | 6.35% |
| Price to Book Value | 7.31 |
IPO Objects of the Issue
| S.No. | Objects of the ipo Resources Detail | IPO Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements for the purchase of equipment/machineries | - |
| 2 | To meet out the expenses of Working Capital Requirement | - |
| 3 | To meet out the General Corporate Purposes; | 76.96 |
| 4 | Offer for Sale (OFS) | - |
Contact Details
KSH International Ltd.
11/3, 11/4 and
11/5 Village Birdewadi Chakan
Taluk Khed
Pune, Maharashtra, 410501
Phone: +91 20 45053237
Email: cs.connect@kshinternational.com
Website: https://kshinternational.com/
Detail Registrar
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
The KSH International IPO opened for subscription on December 16, 2025, and will close on December 18, 2025. The allotment is expected to be finalized on December 19, 2025.
The IPO price band is ₹365 to ₹384 per equity share. The lot size is 39 shares, and retail investors need to invest a minimum of ₹14,976 at the upper price band.
The equity shares of KSH International Limited are proposed to be listed on both BSE and NSE, with a tentative listing date of December 23, 2025.
KSH International Limited operates in the manufacturing and industrial segment, with a strong focus on scalable operations, infrastructure development, and capacity expansion, supported by modern facilities and technology-driven processes.
The IPO proceeds will be used for repayment of certain borrowings, purchase and installation of new machinery, setting up a rooftop solar power plant, and for general corporate purposes.
Compare:
