Incorporated in 1979, KSH International Ltd. is a leading manufacturer and exporter of magnet winding wires in India. The company supplies round and rectangular enamelled copper/aluminium wires, continuously transposed conductors and other specialty magnet wires to OEMs across sectors such as power, renewables, railways, automotive and industrials. KSH exports to 24 countries and operates multiple manufacturing facilities in Maharashtra with a 4th plant under development.
KSH International IPO
| Face Value | ₹5 per share |
|---|---|
| Issue Type | Book-building (Fresh Issue + Offer for Sale) |
| Total Shares Offered | 1,84,89,583 shares (Fresh + OFS) |
| Fresh Issue | 1,09,37,500 shares (≈₹420.00 Cr) |
| Offer for Sale | 75,52,083 shares (≈₹290.00 Cr) |
| Net Offered to Public | 1,84,89,583 shares (aggregating up to ₹710.00 Cr) |
| Registrar | MUFG Intime India Pvt. Ltd. |
| Category | Notes |
|---|---|
| QIB | Not more than 50% of the Offer size |
| Retail | Not less than 35% of the Offer |
| NII | Not less than 15% of the Offer |
Refer RHP for exact allocation numbers, anchor details and lock-in schedules (if any).
| IPO Open Date | Tue, Dec 16, 2025 |
|---|---|
| IPO Close Date | Thu, Dec 18, 2025 |
| Tentative Allotment | Fri, Dec 19, 2025 |
| Initiation of Refunds | Mon, Dec 22, 2025 |
| Credit to Demat | Mon, Dec 22, 2025 |
| Tentative Listing Date | Tue, Dec 23, 2025 |
| UPI Mandate Cut-off | 5 PM on Thu, Dec 18, 2025 |
| Application | Lots | Shares | Amount (₹) — at ₹384 |
|---|---|---|---|
| Retail (Min) | 1 | 39 | ₹14,976 |
| Retail (Max) | 13 | 507 | ₹1,94,688 |
| S-HNI (Min) | 14 | 546 | ₹2,09,664 |
| S-HNI (Max) | 66 | 2,574 | ₹9,88,416 |
| B-HNI (Min) | 67 | 2,613 | ₹10,03,392 |
Retail bidding limit usually ₹2 Lakh per application — check RHP for category-specific bid limits and cut-off rules.
Incorporated in 1979, KSH International Ltd. is a leading manufacturer and exporter of magnet winding wires in India. The company supplies round and rectangular enamelled copper/aluminium wires, continuously transposed conductors and other specialty magnet wires to OEMs across sectors such as power, renewables, railways, automotive and industrials. KSH exports to 24 countries and operates multiple manufacturing facilities in Maharashtra with a 4th plant under development.
| Period | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 793.28 | 744.91 | 482.71 |
| Total Income | 562.60 | 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 |
| Total Borrowing | 379.39 | 360.05 | 206.81 |
| Pre IPO EPS | ₹11.97 |
|---|---|
| Post IPO EPS | ₹13.39 |
| Pre IPO P/E | 32.09x |
| Post IPO P/E | 28.68x |
| ROE | 22.77% |
| Debt/Equity | 1.17 |
| EBITDA Margin | 6.35% |
Figures are restated as per RHP. Read the full prospectus for accounting notes and detailed disclosures.
| S.No | Purpose | Estimated Amount (₹ Crore) |
|---|---|---|
| 1 | Repayment of certain borrowings | 225.98 |
| 2 | Purchase & setup of new machinery at 2 plants | 87.02 |
| 3 | Rooptop solar plant at Supa facility | 8.83 |
| 4 | General corporate purposes | – |
Registrar: MUFG Intime India Pvt. Ltd.
Phone: +91-22-4918 6270 | Email: kshinternational.ipo@in.mpms.mufg.com
Lead Manager: Nuvama Wealth Management Ltd.; ICICI Securities Ltd. (co-managers)
Observations: KSH International is a market leader in magnet winding wires with diversified OEM customers and export presence. Growth and PAT improvement are positive; leverage is moderate (Debt/Equity ~1.17) and the issue is funding capex and major debt repayment. Suitable for investors seeking industrial/export-oriented manufacturing exposure — read the RHP and assess order-book, client concentration and valuation before subscribing.
This is informational only — not investment advice. Consult a financial advisor before investing.