Wed Dec 17 04:10:00 UTC 2025: Here’s a news article summarizing the provided information:
KSH International Eyes ₹710 Crore Funding Round Amid EV Growth
Mumbai: Magnet winding wire manufacturer KSH International is planning to raise ₹710 crore to fuel expansion and reduce debt, the company announced. The fundraise will consist of a ₹420 crore fresh equity issue and a ₹290 crore offer for sale.
The company is strategically positioning itself to capitalize on the burgeoning electric vehicle market and significant infrastructure investments. KSH International has seen a positive trajectory with its return on equity increasing from 14% in FY23 to 22% in FY25.
However, the company’s net working capital days have also increased, rising from 73 days in FY23 to 80 days in FY25. This indicates a longer collection cycle, which could potentially impact the company’s cash flows. The company plans to use part of the fund raised to repay debt, which will also improve their cash flow.
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