Archive · 18 Dec 2025
KSH International IPO Sees Weak Demand
KSH International, a company that makes special wires for magnets, is trying to raise money by selling shares to the public for the first time.
The sale started on December 16 and ends on December 18.
So far, not many people want to buy the shares, with only 26% of the shares sold by the second day.
The shares are priced between ₹365 and ₹384, and you need to buy at least 39 shares to participate.
The company plans to use the money to pay off debts, buy new machines, and set up a solar power plant.
Some experts think the shares are fairly priced, while others are not so sure.
The shares are expected to start trading on December 23.
KSH International IPO received weak demand, subscribed only 26% by Day 2 and 28% by Day 3.
Retail segment was subscribed 0.46 times, NII segment 0.13 times, and QIB segment received no bids by Day 2.
IPO size is ₹710 crore, with a price band of ₹365–₹384 per share and a lot size of 39 shares.
Proceeds will be used for debt repayment, capacity expansion, and general corporate purposes.
Grey market premium (GMP) is ₹0, indicating a potential listing at the IPO price.
- Who
- KSH International, a magnet winding wires manufacturer
- What
- Initial public offering (IPO) with weak demand
- When
- December 16-18, 2024 (bidding), December 23, 2024 (tentative listing)
- Where
- BSE and NSE
- Why
- To raise funds for debt repayment, capacity expansion, and general corporate purposes
- IPO Subscription
- 26% (Day 2), 28% (Day 3)
- Retail Segment Subscription
- 0.46 times (Day 2)
- NII Segment Subscription
- 0.13 times (Day 2)
- QIB Segment Subscription
- 0 times (Day 2)
- IPO Size
- ₹710 crore
- Price Band
- ₹365–₹384 per share
- Lot Size
- 39 shares
- Minimum Investment
- ₹14,976 (at upper price band)
- GMP
- ₹0 (Day 3)
- Listing Date
- December 23, 2024 (tentative)
Sources
Unisem Agritech IPO listing: Stock tanks over 4.5% after flat opening on BSE SME
KSH International IPO Day 3: Issue subscribed 26% so far. GMP, others details, apply or not?
KSH International IPO Day 3 Live: Issue sees weak demand, GMP signals muted listing - Apply or not on last day?
