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KSH International IPO

KSH International IPO — date, price band, GMP & allotment 2025

KSH International is coming up with its IPO to raise funds for business expansion and future growth plans. The company is engaged in manufacturing electrical and power distribution equipment and has a strong presence in domestic and export markets. With focus on quality and infrastructure development opportunities, the IPO aims to strengthen its financial position and support working capital and capital expenditure requirements.

Stock price

KSH International is listed — here is the live share price.

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The verdict
Strong Apply
85 / 100 · 13 reviews
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Grey market premium
₹0
Unofficial market indicator
GMP history →
Subscribed
0.83×
Overall, across all categories
Under-subscribed Live subscription →
Minimum to apply
₹14,976
1 lot · 39 shares at ₹384
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Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Timetable

Key dates from opening to listing. Today is 14 September.

Key dates Listed
  1. Open 16 Dec 2025
  2. Close 18 Dec 2025
  3. Allotment 19 Dec 2025
  4. Refund/credit 22 Dec 2025
  5. Listing 23 Dec 2025

Issue summary

The terms of the offer, as filed.

IPO Dates 16 to 18 Dec, 2025
Price Band ₹365 – 384
Face Value ₹5
Lot Size 39 Shares
Issue Size ₹710 Cr
Sale Type Fresh capital cum OFS
Listing On BSE & NSE
Employee Discount NA
Registrar MUFG Intime India Private Limited
Min Investment ₹ 14,976
Reservation
QIB 50%
NII 15%
Retail 35%

Share of the offer set aside for each investor category, as stated in the offer document.

What will it cost me?

Bidding is in multiples of 39 shares at the ₹384 cut-off. Drag to size your application.

shares
1 lot lots
Application Lots Shares Amount
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

Three years of numbers

All figures in ₹ crore, as reported in the KSH International offer document.

Total income
562.60
1,391
1,938
563
31 MAR 2431 MAR 2530 JUN 25
Profit after tax
22.68
37
68
23
31 MAR 2431 MAR 2530 JUN 25
EBITDA
40.28
71
123
40
31 MAR 2431 MAR 2530 JUN 25
Metric 30 JUN 25 31 MAR 25 31 MAR 24
Revenue 562.60 1,938.19 1,390.50
EBITDA 40.28 122.53 71.46
Net Profit 22.68 67.99 37.35
Debt 379.39 360.05 206.81
Assets 793.28 744.91 482.71

See how this IPO compares — view listing performance of all mainboard IPOs.

Valuation & key ratios

Ratios are for the latest full financial year reported in the KSH International RHP. EPS and P/E are post-issue — the table below carries the pre-issue comparison.

P/E Ratio
32.09
EPS (₹)
11.97
RoCE
16.60
RoNW
22.77
PAT Margin
3.51

KSH International IPO Valuation

How the issue prices the company before and after the fresh shares are created.

Valuation Metric Post-Issue
EPS (₹) ₹11.97
P/E Ratio (x) 32.09
Market Cap at Offer Price (₹ Cr) ₹727.58

Pre-issue figures use the shareholding reported in the RHP; post-issue figures use the shareholding once the fresh issue has created new shares. The two differ because of that dilution and because post-issue earnings per share are often annualised, so the change can run in either direction. Market capitalisation is calculated at the ₹384 offer price. Compare the post-issue P/E against listed peers before deciding — a premium there is growth you are paying for in advance.

Where the money goes

₹398.79 Cr of the issue is earmarked to named objects.

Repayment of certain company borrowings ₹225.98 Cr
Purchase and setup of new machinery at 2 plants ₹87.02 Cr
Purchase and setup of a rooftop solar power plant for power generation at our Supa Facility ₹8.83 Cr
General corporate purposes ₹76.96 Cr

About the company

KSH International Limited is an India-based company engaged in the manufacturing of electrical components, with a strong focus on power connection and distribution solutions. The company was established with the aim of catering to the growing demand for reliable electrical infrastructure across industries. Over the years, it has built a solid presence in both domestic and international markets by consistently delivering quality products. The promoters of the company bring significant industry experience, which has helped in strengthening operational capabilities and expanding its customer base across sectors such as power, railways, renewable energy and industrial applications.

The company offers a wide range of products including cable lugs, connectors, earthing solutions and other electrical accessories used in transmission and distribution networks. KSH International follows a B2B business model, supplying its products to government utilities, EPC contractors and private sector clients. Its operations are supported by in-house manufacturing facilities and a focus on quality standards, enabling it to maintain long-term relationships with customers. By emphasising product reliability, timely delivery and continuous improvement, the company aims to sustain growth and enhance its position in the electrical components industry.

Interested in this IPO? Check the live subscription status or browse all upcoming mainboard IPOs.

Promoters
Annapurna family trust, Broad family trust, Dhaulagiri family trust, Everest family trust, Kanchenjunga family trust, Kushal Subbayya Hegde, Makalu family trust, Pushpa Kushal Hegde, Rajesh Kushal Hegde, Rakhi Girija Shetty, Rohit Kushal Hegde, Waterloo industrial park VI Pvt.Ltd
Promoter holding
98.4% 71.36%
Pre-issue → post-issue
Registered office
KSH International Ltd. Address 11/3, 11/4 and 11/5 Village Birdewadi Chakan Taluk Khed
+91 20 45053237

The bankers & the filings

Who is running the book, and the documents this page is built from.

Book-running lead manager
Nuvama Wealth Management Ltd. View track record →
Book-running lead manager
ICICI Securities View track record →
Red Herring Prospectus
SEBI filing
Final offer document — price band, financials and risk factors. This page is built from it.
Open the RHP
Draft RHP
SEBI filing
The draft filed ahead of approval, useful for comparing what changed.
Open the DRHP

KSH International IPO Documents

Read the filings this page is built from.

Lead Manager Track Record

How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.

Listed in Profit 60% 3 of 5 listed
Avg Listing Gain +8.8% across 5 issues
Listed Below Issue 2 of 5 listed

Best listing: Augmont Enterprises (+22.0%). Weakest: Powerica (-7.3%).

ICICI Securities

22 issues handled
Listed in Profit 82.4% 14 of 17 listed
Avg Listing Gain +15.6% across 17 issues
Listed Below Issue 3 of 17 listed

Best listing: Tempsens Instruments (India) (+111.3%). Weakest: Turtlemint Fintech Solutions (-10.4%).

Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.

Company contact

Company
KSH International
Email

Frequently asked

What is the GMP of KSH International?

The current Grey Market Premium is ₹0.

What is the KSH International IPO price band?

₹365 to ₹384, on a face value of ₹5.

When is the allotment?

The basis of allotment is 19 December 2025, with listing on 23 December 2025.

How do I check allotment status?

On the IPO Guru allotment page or on the registrar's site — MUFG Intime India Private Limited.

KSH International IPO

Every number here traces back to a filing.

IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Every number on this page is sourced from the RHP, BSE & NSE.

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Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.

GMP
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Min bid
₹14,976
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