IPO of KSH International Analyzed
KSH International, a leading Indian maker of wires used in big machines like transformers, recently held an Initial Public Offering (IPO). Investors showed strong interest, bidding for 35.24 million shares. This is significantly more than the company initially offered – 136 million shares. Understanding this data is key for investors and anyone interested in KSH International’s future.
Key Points
- IPO bids totaled 35.24 million shares, exceeding initial offer.
- KSH International offered 136 million shares in the IPO.
- The IPO was 0.26 times subscribed, indicating investor interest.
- The price range was Rs 365-384 per share, attractive to buyers.
- Anchor investors provided Rs 212.99 crore before the IPO launch.
- Funds will be used for expansion and debt repayment plans.
The IPO ran from December 16th to December 18th, 2025. The price range was set between Rs 365 and Rs 384 per share. Investors were eager to buy shares, bidding for more than the company wanted to sell.
KSH International, run by Kushal Subbayya Hegde and others, makes specialized wires essential for making transformers, motors, and generators. A large portion of their sales, 74.79%, come from these specialized wires. They sell these under the ‘KSH’ brand.
During the financial year 2025 (FY25), KSH International made Rs 558.71 crore in revenue, primarily from selling these wires. The company plans to use the money raised through the IPO to pay down debt and expand its production facilities in Supa and Chakan.
Before the IPO, KSH International secured Rs 212.99 crore from 13 ‘anchor’ investors. These investors buy shares in advance to help ensure a smooth launch. This demonstrates confidence in the company’s potential.
For the period ending June 30, 2025, KSH International reported a net profit of Rs 22.68 crore and total sales of Rs 558.71 crore. This strong performance highlights the company’s growing market position.
Ultimately, the success of this IPO suggests investor faith in KSH International’s core business and future growth strategy.



