KSH International Limited’s Initial Public Offering to open on Tuesday, December 16, 2025, price band set at Rs 365 – Rs 384 per Equity Share. Price band of Rs 365 – Rs 384 per Equity Share bearing face value of Rs 5 each and Bid/Offer Opening on Tuesday, December 16, 2025 and Bid/Offer Closing on Thursday, December 18, 2025. The Minimum Bid Lot is 39 Equity Shares, and thereafter multiples of 39 Equity Shares.
- Issue Opens: December 16, 2025
- Issue Closes: December 18, 2025
- Face Value: Rs 5 each
- Price Band: Rs 365 – 384 per share
- Lot Size: 2400 Shares
- Listing: BSE & NSE
The IPO is a fresh issue of Rs 420 crore and an offer-for-sale of up to Rs 290 crore by promoters Kushal Subbayya Hegde, Pushpa Kushal Hegde, Rajesh Kushal Hegde, and Rohit Kushal Hegde. The Company is the third-largest manufacturer of magnet winding wires in India by production capacity in Fiscal 2025.
It is also the largest exporter of magnet winding wires from India by export revenue in Fiscal 2025. The Company commenced its operations in 1981 by manufacturing magnet winding wires in Taloja, Raigad, Maharashtra, and over the last four decades it has diversified its operations to include manufacturing various types of standard and specialized magnet winding wires, which are tailored to customer specific requirements. Its key products include round enamelled copper/ aluminium magnet winding wires, paper insulted rectangular copper/ aluminium magnet winding wires, continuously transposed conductors, rectangular enamelled copper/ aluminium magnet winding wires and bunched paper insulated copper magnet winding wires.
The Company markets and sells its products through its brand ‘KSH’. Its products are also used in Extra High Voltage Transformers (HVDC, 765Kv), Wind Mill Generators, Locomotive Transformers, Electric Vehicle Traction Motors and Compressors for Air Conditioning and Refrigeration. The Company had 122, 117 and 117 customers during financial years ended March 31, 2025, March 31, 2024, and March 31, 2023, respectively. Further, during the three-month period ended June 30, 2025, it invoiced 93 customers. The Company’s key customers are primarily OEMs, and include, Bharat Bijlee Limited, Bharat Heavy Electricals Limited, Georgia Transformer Corporation, Hitachi Energy India Limited, Siemens Energy India Limited and GE Vernova T&D India Limited.
It is an approved supplier of insulated rectangular wires and CTC for certain entities, used in high voltage direct current (HVDC), 765 kV extra high voltage (EHV) transformers and reactors.
The Company’s revenue from operations was Rs 5,587.1 million during June 2025 quarter and its net profit was Rs 226 million. The Company’s revenue from operations was Rs 19,282.9 million during FY 25 vis-à-vis Rs 10,494.60 million during FY 23. The Company’s net profit was Rs 679.88 million during FY25 vis-à-vis Rs 266.13 million during FY23.
