KSH International IPO
Open MainLineCurrent GMP
₹0 (0.00%)
Price Band
₹ 365 – 384
Lot Size
39
Issue Size
₹710 Cr
Minimum Investment
₹14976 (39 Shares)
Listing Date
23 December 2025
Subscription
0.83x
About the Company
KSH International Limited, incorporated in 1979, is India’s third-largest manufacturer and the largest exporter of magnet winding wires. Operating under the ‘KSH’ brand, the company supplies products to leading OEMs across diverse sectors including power, renewable energy, railways, automotive, and industrial applications.
The company’s product portfolio includes:
- Round enamelled copper and aluminium magnet winding wires
- Paper-insulated rectangular copper and aluminium magnet winding wires
- Continuously transposed conductors (CTC)
- Rectangular enamelled copper and aluminium magnet winding wires
- Bunched paper-insulated copper magnet winding wires
KSH International is an approved supplier to major public and private sector entities such as PGCIL, NTPC, NPCIL, and RDSO, and exports its products to 24 countries, including the USA, Germany, the UAE, and Japan.
The company operates three manufacturing facilities in Maharashtra—located in Taloja and Chakan—with a combined installed capacity of 29,045 MT per annum. A fourth facility is currently under development in Supa, Ahilyanagar, and is expected to commence operations in Fiscal 2026.
Driven by an in-house R&D and engineering team, KSH International focuses on product innovation, process optimization, and cost efficiency. The company holds key global certifications, including ISO 9001, ISO 14001, ISO 45001, and IATF 16949.
Its commitment to quality and reliability has earned recognition from 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 employees.
Promoters
- Mr. Kushal Subbayya Hegde
- Mr. Pushpa Kushal Hegde
- Mr. Rajesh Kushal Hegde
- Mr. Rohit Kushal Hegde
- Mrs. Rakhi Girija Shetty
- Dhaulagiri family trust
- Everest family trust
- Makalu family trust
- Broad family trust
- Annapurna family trust
- Kanchenjunga family trust
- Waterloo industrial park VI private limited
Promoters Holding
Holding Pre Issue
98.40%
Holding Post Issue
0.00%
Objects of the Issue
The Company KSH International IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
1. Prepayment and/or repayment, in full or in part, of all or a portion of certain outstanding borrowings availed by our Company
2. Funding the capital expenditure requirements of our Company towards
(i) purchasing and setting up of new machinery for expansion at our Supa Facility
(ii) purchasing and setting up of new machinery at Unit 2 in Chakan, Pune in Maharashtra
3. Funding the capital expenditure requirements of our Company towards purchasing and setting up of a rooftop solar power plant for power generation at our Supa Facility
4. General corporate purposes
Address / Contact Info
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/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Tuesday, 16 December 2025
IPO Close Date
Thursday, 18 December 2025
Basis of Allotment
Friday, 19 December 2025
Initiation of Refunds
Monday, 22 December 2025
Credit of Shares to Demat
Monday, 22 December 2025
Listing Date
Tuesday, 23 December 2025 — NSE & BSE
Important Dates
Open Date
16 December 2025
Close Date
18 December 2025
Basis Of Allotment
19 December 2025
Listing Date
23 December 2025
Financial Performance (₹ in Crores)
| Particular | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 793.28 | 744.91 | 482.71 | 359.18 |
| Revenue | 562.6 | 1938.19 | 1390.5 | 1056.6 |
| Profit After Tax | 22.68 | 67.99 | 37.35 | 26.61 |
| Net Worth | 321.47 | 298.55 | 230.95 | 193.66 |
| Reserve & Surplus | 293.07 | 270.14 | 225.26 | 187.97 |
| Total Borrowings | 379.39 | 360.05 | 206.81 | 120.35 |
EPS Pre
6.57%
EPS Post
0.00%
P/E Pre
0.00
P/E (Post Issue)
0.00x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|
| ROE % | 22.77 | 16.17 | 13.74 |
| ROCE % | 16.6 | 14.15 | 13.25 |
| Debt / Equity | 1.17 | 0.82 | 0.59 |
| RoNW % | 22.77 | 16.17 | 13.74 |
| PbW | 0 | 0 | 0 |
| Pat Margin % | 3.51 | 2.69 | 2.52 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 3890410 | 28.57 | 0 |
| Non-Institutional | 2917809 | 21.43 | 0 |
| BNII | 1945206 | 14.29 | 0 |
| SNII | 972603 | 7.14 | 0 |
| Retail Investors | 6808219 | 50 | 0 |
| Total | 13616438 | 100 | 0 |
Subscription Status ( Thu, 18 Dec 25 01:33 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 3890410 | 4141956 | 1.06x |
| Non-Institutional | 2917809 | 1215240 | 0.42x |
| BNII | 1945206 | 473460 | 0.24x |
| SNII | 972603 | 741780 | 0.76x |
| Retail Investors | 6808219 | 5878431 | 0.86x |
| Total | 13616438 | 11235627 | 0.83x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| KSH Internatio nal Ltd | 5 | 0.00 | 11.97 | 11.97 | 22.77 | 52.54 |
| Precision Wires India Ltd | 1 | 50.60 | 5.04 | 5.04 | 15.63 | 32.25 |
| Ram Ratna Wires Ltd | 5 | 40.37 | 15.06 | 15.04 | 14.39 | 110.74 |
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 39 | 14,976.00 |
| Retail (Max) | 13 | 507 | 194,688.00 |
| S-HNI (Min) | 14 | 546 | 209,664.00 |
| S-HNI (Max) | 66 | 2,574 | 988,416.00 |
| B-HNI (Min) | 67 | 2,613 | 1,003,392.00 |
Registrar
MUFG Intime India Private Limited ((Link Intime)
91-22-4918 6270
ipo.helpdesk@in.mpms.mufg.com
https://in.mpms.mufg.com/home.html
Book Running Lead Managers
- Nuvama Wealth Management Limited
- ICICI Securities Limited
RHP Document
DRHP Document
Anchor Investors
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
KSH International IPO is a Book-building IPO worth ₹710 crores. The price band is ₹365 to 384 per share. The IPO opens on Tue, Dec 16, 2025 and closes on Thu, Dec 18, 2025. It will be listed on BSE and NSE. MUFG Intime India Private Limited ((Link Intime) is the registrar.
The KSH International IPO opens on Tue, Dec 16, 2025 and closes on Thu, Dec 18, 2025
KSH International IPO Price Band is ₹365 to 384.
KSH International IPO lot size is 39, and the minimum amount required for application is ₹14976.
The minimum investment for KSH International IPO is approximately ₹14976 based on the upper price band.
To apply for the KSH International IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Thu, Dec 18, 2025. After submission, funds are blocked until the basis of allotment of KSH International IPO is finalised.
KSH International IPO issue size is ₹710 crores.
KSH International IPO allotment date is Sat, Jun 27, 2026.
The registrar for KSH International IPO is MUFG Intime India Private Limited ((Link Intime). Investors can go to MUFG Intime India Private Limited ((Link Intime) website for IPO allotment status, refund processing, and other queries related to KSH International IPO through their official website or helpline.