KSH International IPO Dec 2025: GMP, Price Band, Dates & Should You Apply?

The KSH International IPO is a ₹710 crore mainboard public issue consisting of a fresh issue of ₹420 crore and an OFS of ₹290 crore. The company is a leading manufacturer and exporter of magnet winding wires, supplying to major global and domestic OEMs across power, renewables, automotive, industrials, and railways.

With strong revenue growth, expanding capacity, and established customer relationships, investors are closely watching the upcoming KSH International IPO for potential listing opportunities.

This guide explains everything about KSH International IPO, including issue details, price band, timeline, financial performance, key strengths, risks, and whether this IPO fits your investment goals.

KSH International IPO Key Details

The following are the important and key details of the KSH International IPO:

KSH International IPO Dates & Timeline

The following table shows the complete timeline of the KSH International IPO:

KSH International IPO Lot Size & Investment

The following table explains the minimum and maximum investment for different investor categories:

KSH International IPO Reservation

The following is the reservation breakdown for different investor categories:

About KSH International Ltd. Business Operations

The following is a brief overview of KSH International Ltd.’s business and operations.

Founded in 1979, KSH International Ltd. is among India’s top three manufacturers of magnet winding wires and the largest exporter in the category. The company serves OEMs across:

• Power
• Renewable energy
• Automotive
• Railways
• Industrials

Their product range includes:

• Round enamelled copper/aluminium winding wires
• Paper-insulated rectangular wires
• Continuously transposed conductors (CTC)
• Bunched paper-insulated wires

KSH International exports to 24 countries including the USA, Germany, Japan, and UAE. They have three manufacturing plants (Taloja & Chakan) with combined capacity of 29,045 MT, and are building a fourth plant at Supa, expected in FY26.

The company holds major certifications like ISO 9001, 14001, 45001 & IATF 16949 and supplies to large entities such as PGCIL, NTPC, NPCIL, RDSO, and major global OEMs.

KSH International Financial Performance

The following table summarises the financial performance of KSH International Ltd. 

(All figures in ₹ crore):

Highlights:

• Revenue grew 39% YoY (FY24 → FY25)
• PAT grew 82% YoY
• Borrowings have increased due to expansion and capex plans
• Strong EBITDA growth indicates operational efficiency

Key Performance Indicators (KPI)

The following table shows the KPIs of KSH International Ltd:

KSH International Valuation Snapshot

The following table explains pre & post IPO valuation metrics:

Competitive Strengths

The following are the key strengths of KSH International Ltd:

• One of India’s largest magnet winding wire manufacturers
• Strong export presence across 24 countries
• Relationships with top PSU & global OEMs
• Large & strategically located manufacturing units
• Strong certifications and quality compliance
• Experienced promoters with over four decades in the industry

Risks & Challenges

The following are the major risks associated with KSH International Ltd:

• High customer concentration in certain segments
• Borrowings have increased significantly
• Commodity price fluctuation can impact margins
• Global slowdown may affect export demand
• Addition of new capacity may take time to break even

Objects of the Issue

The following table outlines how the IPO proceeds will be used:

Promoters of KSH International Ltd.

The following table lists the promoters of KSH International Ltd.:

• Kushal Subbayya Hegde
• Pushpa Kushal Hegde
• Rajesh Kushal Hegde
• Rohit Kushal Hegde
• 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 Pvt. Ltd.

Conclusion

KSH International Ltd. presents a strong, export-driven manufacturing story backed by solid financial growth and expanding capacity. With significant demand from power, renewables, and industrial segments, the business is positioned strongly for future growth. However, high borrowing levels and increased competition in the wire manufacturing space require careful consideration.

This IPO may appeal to investors looking for:

• A long-term manufacturing + export growth story
• A company with strong PSU and global OEM relationships
• High ROE and improving profitability metrics

If you are aiming for potential listing gains or long-term compounding, the financial trends and order pipeline make this IPO worth evaluating.

Also, we have a dedicated article on upcoming IPOs in December 2025, wherein you can check all the IPOs that were launched in December 2025 along with upcoming IPOs for December 2025.

Frequently Asked Questions

What is the KSH International IPO?

The KSH International IPO is a ₹710 crore mainboard public issue that includes both fresh issue and offer for sale, and aims to raise funds for debt repayment and expansion.

When does the KSH International IPO open?

The KSH International IPO opens on December 16, 2025 and closes on December 18, 2025.

What is the price band for the KSH International IPO?

The price band for the KSH International IPO is ₹365 to ₹384 per share.

What is the lot size for the KSH International IPO?

Investors must apply for at least 39 shares in one lot for the KSH International IPO.

What is the minimum investment required for KSH International IPO? 

Retail investors need a minimum of ₹14,976 to participate in the KSH International IPO.

When will the allotment for KSH International IPO be announced?

The allotment date for the KSH International IPO is December 19, 2025.

When is the listing date for KSH International IPO?

The KSH International IPO is expected to list on December 23, 2025 on NSE and BSE.

How can I apply for KSH International IPO? 

Investors can apply using UPI through brokers such as Groww, Zerodha, Angel One, or through their bank ASBA.

What are the financial strengths of KSH International Ltd.? 

KSH International Ltd. has shown strong revenue growth, increasing profitability, and rising export demand.

Is the KSH International IPO good for long-term investment? 

KSH International Ltd. may suit long-term investors due to its strong sector presence and expanding manufacturing capacity, though risks such as debt levels must be considered.

Author: Diwakar Singh

 

Diwakar Kumar Singh is a certified SEO content writer and finance specialist with 7+ years of experience in the BFSI industry. He has written 1,000+ finance articles, published books across seven countries and authored research papers.

In 2018, he was awarded a Gold Medal in Marketing and Finance from IMT Hyderabad. He combines analytical strength with clear communication. Diwakar simplifies complex financial concepts, decodes unlisted shares, analyses IPOs, ratios and company profiles and delivers evidence-backed insights that help investors make informed decisions. communication.

 

Beyond finance, Diwakar is a dedicated fitness enthusiast and the founder of TheFitnessJournal. He also holds a nutrition certification from ISSA, USA, and writes about health, nutrition and science-backed wellness in a simple and approachable style. His ability to excel in two demanding fields makes him a versatile creator committed to clarity, accuracy and meaningful impact.