Thu Dec 18 02:20:00 UTC 2025: Okay, here’s a summarized news article based on the provided text:
Headline: KSH International IPO Opens Strong After Securing ₹213 Crore from Anchor Investors
Mumbai, India – December 16, 2025 – Magnet winding wire manufacturer KSH International is launching its ₹710 crore Initial Public Offering (IPO) today, December 16, 2025, following a successful anchor investor round that raised ₹213 crore. The IPO, comprising a fresh issue of ₹420 crore and an offer for sale of ₹290 crore by promoters, will remain open until December 18, 2025.
The anchor round saw strong participation from both global and domestic institutional investors, including HSBC Global Investment Funds, Societe Generale, Kotak Mahindra Life Insurance, and Edelweiss Life Insurance. Mutual funds also demonstrated considerable interest, with significant share allocations to HDFC, Kotak, LIC MF, Bank of Baroda MF, and Malabar India Fund. A total of 55,46,874 equity shares were alloted at ₹384 per share.
KSH International, India’s third-largest manufacturer and leading exporter of magnet winding wires, has set a price band of ₹365-₹384 per share. The company intends to use the proceeds from the fresh issue to reduce debt, expand its facilities in Supa and Chakan, establish a rooftop solar plant, and address general corporate needs.
The company supplies critical components to diverse sectors, including power, renewables, railways, automotive, and industrials, and has established relationships with major entities like PGCIL, NTPC, and BHEL.
KSH International reported revenue of ₹1,928 crore and a net profit of ₹68 crore for FY25. ICICI Securities and Nuvama Wealth Management are managing the IPO, with MUFG Intime India serving as registrar. The shares are expected to list on the BSE and NSE on December 23, 2025.
First Piper 