By signing in or creating an account, you agree with Associated Broadcasting Company's Terms & Conditions and Privacy Policy.
Kolkata: KSH International is a company that manufactures magnet winding wires. On Dec 15, it informed the stock exchanges that it managed to raise Rs 213 crore from anchor investors. The institutions that purchased the company's shares include 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. The company placed 55,46,874 equity shares at Rs 384 apiece to the anchor investors.
KSH International IPO is a book build issue of Rs 710 crore that will be raised through a combination of fresh issue of 1.09 crore shares aggregating to Rs 420 crore and an OFS pat of 0.76 crore shares amounting to Rs 290 crore.
According to investorgain, KSH International IPO GMP is hibernating at zero in early morning of Dec 16, as it has been doing for the past few days. At this level, it does not signal any listing gain at all. However, GMP is an unofficial indicator that is volatile and does not guarantee any listing gain or loss.
KSH International IPO price band has been fixed at Rs 365-384. For a retail investor, the smallest lot size for an application is 39 for which one will need a minimum investment of Rs 14,976 based on the upper price band. The lot size investment for sNII investors is 546 shares, while bNII investors, the smallest investible lot is 2,613 shares. The book running lead managers and the registrar to the issue are Nuvama Wealth Management and MUFG Intime India respectively.
Bid opens: Dec 16, 2025
Bid closes: Dec 18
Cut-off time for UPI mandate confirmation: 5 pm on Dec 18
Allotment: Dec 19
Refunds: Dec 22
Credit of shares to demat: Dec 22
Listing: Dec 23
KSH International is a 46-year old company which is the third-largest manufacturer and the largest exporter of magnet winding wires in the country. It is a supplier to OEMs across sectors such as power, renewables, railways, automotive and industrials. The main products of KSH International are round enamelled copper/ aluminium magnet winding wires, paper insulted rectangular copper/ aluminium magnet winding wires, continuously transposed conductors, rectangular enamelled copper/ aluminum magnet winding wires and bunched paper insulated copper magnet winding wires. Its products are regularly exported to two dozen countries including developed economies such as the US, Germany, Japan and the UAE.
(Disclaimer: This article is only meant to provide information. News9 does not recommend buying or selling shares or subscriptions of any IPO, Mutual Funds, precious metals, commodity, any form of alternative investment instruments and crypto assets.)