KSH International Limited is entering the public markets through Mainboard IPO with an issue size of ₹710.00 crore. The issue consists of a fresh issue of ₹420.00 crore and an offer for sale of ₹290.00 crore. The shares are proposed to be listed on NSE & BSE.
The IPO subscription window opens on December 16, 2025 and will remain open until December 18, 2025. The company plans to list its shares on December 23, 2025. Since this is a Mainboard IPO, participation is expected from a wide range of investors.
KSH International Limited IPO Timeline
IPO Quick Facts
This section covers the main IPO details of KSH International Limited that investors generally review before applying.
IPO Details at a Glance
| Company Name | KSH International Limited |
|---|---|
| IPO Segment | Mainboard |
| Sale Type | Fresh Issue + Offer For Sale |
| Issue Type | Bookbuilding IPO |
| Price | ₹384 Per Share |
| Lot Size | 39 Shares |
| Face Value | ₹5 Per Share |
| Exchange | NSE & BSE |
Investor Category & Share Allocation
| Investor Category | Shares Offered | % of Issue |
|---|---|---|
| Qualified Institutional Buyers (QIB) | 8,391,249 | 50.00% |
| — Anchor Investor | 5,546,874 | 33.05% |
| — QIB (Ex Anchor) | 2,844,375 | 16.95% |
| NII (HNI) | 2,517,376 | 15.00% |
| — bNII > ₹10L | 1,678,250 | 10.00% |
| — sNII < ₹10L | 839,126 | 5.00% |
| Retail | 5,873,876 | 35.00% |
| Total Shares Offered | 16,782,501 | 100.00% |
KSH International Limited IPO Important Dates
The following table highlights the key dates for the KSH International Limited IPO, covering the subscription period and the expected listing timeline.
| IPO Opening Date | 16 Dec 2025 |
|---|---|
| IPO Closing Date | 18 Dec 2025 |
| Allotment Finalization | 19 Dec 2025 |
| Initiation of Refunds | 22 Dec 2025 |
| Credit of Shares | 22 Dec 2025 |
| IPO Listing Date | 23 Dec 2025 |
KSH International Limited IPO Size & Structure
| Total IPO Size | ₹710.00 Crore |
|---|---|
| Offer For Sale | ₹290.00 Crore |
| Fresh Issue | ₹420.00 Crore |
KSH International IPO Lot Size & Minimum Investment
The table below shows the lot size and investment amount for the KSH International IPO, which is a fixed price IPO priced at ₹384 per share.
Investors can apply for the IPO with a minimum of 39 shares. Applications must be made in multiples of 39 shares.
- Retail investors can apply from 1 lot to 13 lots.
- Small HNI (SHNI) investors must apply for at least 14 lots.
- Big HNI (BHNI) investors need to apply for a minimum of 67 lots.
This information helps investors understand the minimum investment required before applying for the IPO.
Note: Retail investors generally apply at the cut-off price, which is ₹384 per share.
| Category | Lots | Shares | Price | Amount |
|---|---|---|---|---|
| Retail (Min) | 1 | 39 | ₹384 | ₹14,976 |
| Retail (Max) | 13 | 507 | ₹384 | ₹194,688 |
| S-HNI (Min) | 14 | 546 | ₹384 | ₹209,664 |
| S-HNI (Max) | 66 | 2,574 | ₹384 | ₹988,416 |
| B-HNI | 67 | 2,613 | ₹384 | ₹1,003,392 |
KSH International Limited IPO GMP (Grey Market Premium)
The latest KSH International Limited IPO GMP (Grey Market Premium), along with Kostak rates and Subject to Sauda rates, helps in understanding market sentiment. The current KSH International Limited IPO GMP is ₹0 (0.00%), compared to the IPO issue price of ₹384. Based on the current GMP, the expected listing price is around ₹384. The Lowest GMP was ₹0 on 23 Dec 2025, while the highest GMP reached ₹6 on 18 Dec 2025.
KSH International Limited IPO was listed on the stock exchange on 23 Dec 2025. The IPO was subscribed 0.81 times. The first reported GMP was ₹0 (0%), while the latest recorded GMP stood at ₹0 (0%).Listing Details:
- Issue Price: ₹384 per share.
- Listing Price: ₹370.00 (approx. 3.65% discount)
- Listing Date: 23 Dec 2025
KSH International Limited IPO GMP Today - Trend Analysis
| Date | Issue Price (₹) | GMP Price (₹) | Estimated Gain (%) | Estimated Price (₹) | Estimated Profit (₹) |
|---|---|---|---|---|---|
| 23 Dec 2025 | ₹384 | ₹0 | 0% | ₹384 | ₹0 |
| 22 Dec 2025 | ₹384 | ₹0 | 0% | ₹384 | ₹0 |
| 20 Dec 2025 | ₹384 | ₹0 | 0% | ₹384 | ₹0 |
| 19 Dec 2025 | ₹384 | ▼ ₹0 | ▼ 0% | ₹384 | ₹0 |
| 18 Dec 2025 | ₹384 | ₹6 | 1.56% | ₹390 | ₹234 |
| 17 Dec 2025 | ₹384 | ▲ ₹6 | ▲ 1.56% | ₹390 | ₹234 |
| 16 Dec 2025 | ₹384 | ₹0 | 0% | ₹384 | ₹0 |
| 15 Dec 2025 | ₹384 | ₹0 | 0% | ₹384 | ₹0 |
| 13 Dec 2025 | ₹384 | ₹0 | 0% | ₹384 | ₹0 |
| 12 Dec 2025 | ₹384 | ₹0 | 0% | ₹384 | ₹0 |
| 11 Dec 2025 | ₹384 | ₹0 | 0% | ₹384 | ₹0 |
KSH International Limited IPO GMP gives retail and institutional investors an idea about short-term market expectations. Although grey market premium does not guarantee listing performance, it is still commonly referred to while analysing IPOs. Investors are advised to look at KSH International Limited fundamentals along with IPO GMP data before making any investment decision.
GMP Disclaimer: GMP (Grey Market Premium) prices are unofficial and only reflect market sentiment. We neither participate in grey-market trading nor encourage it. Investors are strongly advised to review the company’s fundamentals, risks, and official documents before considering an investment in the KSH International Limited IPO.
KSH International Limited IPO Subscription Status
KSH International Limited IPO was subscribed 0.81 times overall on the final day of bidding (as of 18 Dec 2025).The subscription opened on 16 Dec 2025. The Retail portion was subscribed 0.83 times, while QIB and NII categories were subscribed 1.06 times and 0.41 times respectively.
Subscription by Category (QIB, NII, Retail, Employee)
Daily Subscription Trend (Day-wise):
| Date | QIB | NII | Retail | Employee | Total |
|---|---|---|---|---|---|
| 16 Dec 2025 | — | 0.06x | 0.27x | — | 0.15x |
| 17 Dec 2025 | — | 0.13x | 0.47x | — | 0.26x |
| 18 Dec 2025 | 1.06x | 0.41x | 0.83x | — | 0.81x |
On Day-1, the KSH International Limited IPO saw low participation from investors. Retail subscription remained limited at 0.27x, while NII interest was also weak, keeping overall subscription on the lower side.
Subscription for the KSH International Limited IPO improved slightly on Day-2 due to marginal increase in retail bids. However, institutional participation continued to remain limited.
By the close of the issue, the IPO was subscribed 0.81x overall. Participation from investors remained selective, with limited traction across categories. Overall subscription for the KSH International Limited IPO increased from 0.15x on Day-1 to 0.81x by the final day.
KSH International Limited IPO Final Subscription
| Category | Subscription |
|---|---|
| Qualified Institutional Buyers (QIB) | 1.06x |
| Non-Institutional Investors (NII) | 0.41x |
| Retail Investors | 0.85x |
| Total | 0.82x |
KSH International Limited IPO Allotment Status
The KSH International Limited IPO allotment status was released on 19 Dec 2025. Investors who applied for the IPO can now check their KSH International Limited allotment status online through the official registrar website and NSE / BSE portal.
- 🗓 Allotment Date: 19 Dec 2025
- 📈 Listing Date: 23 Dec 2025
How to Check KSH International Limited IPO Allotment Status Online?
Investors can check the KSH International Limited IPO allotment status online through MUFG Intime India Private Limited, NSE and BSE websites. All platforms provide easy access to the IPO allotment details.
Just follow the below mentioned steps to check your allotment status.You can also visit
MUFG Intime India
to know more about the IPO registrar.
Check on MUFG Intime India Private Limited (IPO Registrar)
- Visit → MUFG Intime India Pvt. Ltd.
- Select KSH International Limited
- Enter PAN / Application Number / DP Client ID
- Click Submit to view allotment status
Check on NSE (National Stock Exchange) Website
- Go to → NSE Website
- Select Equity & SME IPO Bid Details.
- Choose KSH International Limited IPO.
- Enter your PAN & Application Number.
- Click on Submit button.
The National Stock Exchange (NSE) provides an online facility to check the KSH International Limited IPO allotment status.
Check on BSE (Bombay Stock Exchange) Website
- Visit → BSE Website.
- Select Issue Type: Equity.
- Choose KSH International Limited IPO.
- Enter your PAN or Application Number.
- Click on Search button.
The Bombay Stock Exchange (BSE) also allows investors to check the KSH International Limited IPO allotment status online.
Note: Allotment status is published only on the official registrar websites. We do not collect investor data or provide allotment verification directly.
How to Apply for KSH International Limited IPO?
Login to Your Trading App
Open your trading app such as Angel One, Zerodha, Upstox, Groww or any brokerage app.
Go to the IPO Section
Navigate to the IPO section in the app, search for the IPO, and enter your bid details.
Enter Your UPI ID
Provide your UPI ID that is linked to your bank account for payment authentication.
Approve the Mandate
Open your UPI app and approve the payment mandate to block the required amount.
Application Confirmation
Application submitted successfully, the funds will remain blocked until allotment is finalized.
KSH International Limited IPO Listing Analysis
Below is a quick summary of the KSH International Limited IPO issue price, listing price, and listing gain on BSE and NSE.
| IPO Status | Issue Price | Listing Price | Listing Gain |
|---|---|---|---|
| Listed (BSE) | ₹384 | ₹370 | ▼ -3.65% |
| Listed (NSE) | ₹384 | ₹370 | ▼ -3.65% |
KSH International Limited made a weak debut on the stock market on 23 Dec 2025, listing at ₹370, which was -₹14 lower (-3.65%) than its IPO issue price of ₹384. This indicated a negative listing sentiment, and IPO investors faced an immediate notional loss on debut.
Selling pressure continued throughout the session, and the stock slipped further by -4.18% from the listing price, closing at ₹354.55. From the IPO issue price, this translated into a total decline of -₹29 per share (-7.67%) by the end of the day.
For investors who were allotted one lot of 39 shares, the investment of ₹14,976 reduced to ₹13,827. Investors booked an overall loss of -₹1,149 per lot on the listing day.
📌 IPO Issue Price and Lot Size
The IPO of KSH International Limited was offered in the price band of ₹384 to ₹384 per share.
- The final issue price was fixed at ₹384.
- One lot consisted of 39 shares.
- Minimum investment: ₹384 × 39 = ₹14,976
- Investment after Day-1: ₹354.55 × 39 = ₹13,827
- By the end of the listing session, investors faced a loss of -₹1,149 per lot.
📌 IPO Subscription Analysis
With weak overall demand of 0.81× and limited QIB participation of 1.06×, the IPO delivered a disappointing market debut. The stock listed at -3.65% and closed at -7.67%, indicating poor investor confidence.
| Day | QIB | NNI | Retail | Total |
|---|---|---|---|---|
| Day 1 | 0x | 0.06x | 0.27x | 0.15x |
| Day 2 | 0x | 0.13x | 0.47x | 0.26x |
| Day 3 | 1.06x | 0.41x | 0.83x | 0.81x |
📌 Final Assessment
Overall Outcome: Average IPO
- Subscription Phase: Weak investor participation
- Listing Phase: Neutral listing performance
- Investor Experience: Negative short-term experience
About KSH International Limited
Incorporated in 1979, KSH International Limited is the third-largest manufacturer and the largest exporter of magnet winding wires in India.
IPO Financial Summary
- Total Assets changed by 54.32% in FY 2024-2025.
- Total Revenue changed by 39.39% in FY 2024-2025.
- Profit After Tax changed by 82.03% in FY 2024-2025.
- Reserves & Surplus changed by 19.92% in FY 2024-2025.
- Total Borrowings changed by 74.1% in FY 2024-2025.
| Metric | 2025-06-30 | 2025-03-31 | 2024-03-31 | 2023-03-31 |
|---|---|---|---|---|
| Total Assets (₹ Cr) | 793.28 | 744.91 | 482.71 | 359.18 |
| Total Revenue (₹ Cr) | 562.60 | 1,938.19 | 1,390.50 | 1,056.60 |
| Profit After Tax (₹ Cr) | 22.68 | 67.99 | 37.35 | 26.61 |
| Reserves & Surplus (₹ Cr) | 293.07 | 270.14 | 225.26 | 187.97 |
| Total Borrowings (₹ Cr) | 379.39 | 360.05 | 206.81 | 120.35 |
Utilisation of Proceeds
The Company proposes to utilise the net IPO proceeds of approximately ₹398.79 crore towards the following objectives:
| # | Purpose | Amount (₹ Cr) | % of Total |
|---|---|---|---|
| 1 | Repayment of certain company borrowings | 225.98 | 56.67% |
| 2 | Purchase and setup of new machinery at 2 plants | 87.02 | 21.82% |
| 3 | Purchase and setup of a rooftop solar power plant for power generation at our Supa Facility | 8.83 | 2.21% |
| 4 | General corporate purposes | 76.96 | 19.30% |
| Total | 398.79 | 100% | |
KSH International IPO Promoter Holding
| Promoter(s) | The company promoters are 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 and Waterloo industrial park VI private limited |
|---|---|
| Pre-Issue Holding | 98.40% |
| Post-Issue Holding | 71.36% |
KSH International Limited IPO FAQs
The KSH International Limited IPO is a Mainboard Bookbuilding IPO with a total issue size of ₹710.00 crore. The issue consists of a fresh issue of ₹420.00 crore and an offer for sale of ₹290.00 crore.
The IPO will open for subscription on Tue, 16 Dec 2025 and will close on Thu, 18 Dec 2025.
The shares are being offered at a fixed issue price of ₹384 per equity share.
Investors can apply for the IPO with a minimum lot size of 39 shares.
At the upper price band, the minimum investment required for one lot is approximately ₹14,976.
The shares of KSH International Limited are expected to be listed on NSE & BSE on Tue, 23 Dec 2025.
The Grey Market Premium (GMP) of KSH International Limited IPO is ₹0.
The KSH International Limited IPO was subscribed 0.82 times on the final day of subscription.
The retail portion is subscribed 0.83 times as of 18 Dec 2025.
The QIB portion is subscribed 1.06 times and the NII portion is subscribed 0.41 times .
The IPO registrar of KSH International Limited is MUFG Intime India Private Limited. MUFG is responsible for processing IPO applications, finalizing allotment, crediting shares, and initiating refunds.
The allotment date is expected on Fri, 19 Dec 2025.
Allotment status is generally updated in the evening (6 PM – 10 PM) on Fri, 19 Dec 2025 on the registrar or exchange website.
Shares are expected to be credited by Mon, 22 Dec 2025.
Refunds for unsuccessful applicants will be initiated on Mon, 22 Dec 2025.
Investors can check refund status via:
- UPI mandate / bank account (NACH, NEFT, RTGS)
- ASBA bank portal
KSH International Limited IPO is listed on NSE (KSHINTL) and BSE (544664).
The current share price of KSH International Limited is ₹364.40. The stock opened at ₹365.15, hit a high of ₹374.80 and a low of ₹360.50.
KSH International Limited share price has decreased by ₹5.95 (1.61%) compared to the previous close. The stock has declined 1.51% from its listing price of ₹370.00 on BSE and declined 1.51% from its listing price of ₹370.00 on NSE.
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