KSH International IPO Day 1 Live: Issue subscribed 11% so far. Check GMP, subscription status, review. Apply or not?

By 5:00 PM on the first day of bidding, the public issue had been subscribed 0.15 times, the retail portion of the public issue had been booked 0.27 times, the NII segment had been booked 0.06 times.

By 4:54 PM on the first day of bidding, the public issue had been subscribed 0.15 times, the retail portion of the public issue had been booked 0.27 times, the NII segment had been booked 0.06 times.

KSH International plans to raise ₹710 crore through the public issue, which comprises both fresh shares and an offer for sale. The offer includes a fresh issue of 1.09 crore shares amounting to ₹420.00 crore and an offer for sale of 0.76 crore shares totaling ₹290.00 crore.

By 4:36 PM on the first day of bidding, the public issue had been subscribed 0.14 times, the retail portion of the public issue had been booked 0.26 times, the NII segment had been booked 0.06 times.

The IPO has a price band fixed between ₹365 and ₹384 per share.

The initial public offering (IPO) of KSH International opened for subscription today, December 16, and will remain available to investors until Thursday, December 18.

Nuvama Wealth Management and ICICI Securities are acting as the book-running lead managers for the IPO, while MUFG Intime India Private Limited has been appointed as the registrar.

According to market observers, shares of the company are trading at par in the grey market today.

KSH International IPO Day 1 Live: The mainboard IPO has been subscribed over 11% so far, as of 2:00 pm.

The retail category has received 0.20 times subscription, meanwhile, NIIs have been subscribed 0.04 times. QIB remains unsubscribed.

KSH International IPO Day 1 Live: The mainboard IPO has been subscribed over 9% so far, as of 12:51 pm.

The retail category has received 0.17 times subscription, meanwhile, NIIs have been subscribed 0.04 times. QIB remains unsubscribed.

KSH International IPO Day 1 Live: The mainboard IPO has been subscribed over 7% so far, as of 12:06 pm.

The retail category has received 0.13 times subscription, meanwhile, NIIs have been subscribed 0.03 times. QIB remains unsubscribed.

KSH International IPO Day 1 Live: KSH International IPO opened for bidding today at 10:00 am. The mainboard IPO has been subscribed over 4% so far, as of 10:52 am.

The retail category has received 0.07 times subscription, meanwhile, NIIs have been subscribed 0.02 times. QIB remains unsubscribed.

KSH International IPO Day 1 Live: Brokerage firm SBI Securities has given ‘neutral’ rating to KSH International IPO.

The firm said, “ At upper price band of ₹384, the issue is priced at FY25 P/E and EV/EBITDA multiples of 38.3x and 20.7x respectively, based on post-issue capital. While comparing with its closest peers, the issue seems to be fairly valued coupled with slightly superior margin profile. However, the company plans to repay debt of ~ ₹226 cr from the proceeds of the issue, which is expected to boost profitability by ₹10 cr to ₹13 cr. Thus, we maintain a NEUTRAL view on the company and would like to monitor its performance post listing.”

KSH International IPO Day 1 Live: Angel One has given a positive outlook on the KSH International IPO, noting that the issue appears reasonably valued and supported by strong sector fundamentals. At the upper end of the price band, ₹384, the IPO is priced at a post-issue P/E of 28.68x. The brokerage highlighted the company’s sustained earnings growth, improving return ratios, and leadership position in the magnet winding wires market, along with demand tailwinds from the power, renewables, EV and industrial segments.

“We believe the IPO is fairly priced at a P/E of 28.68x, and with strong earnings traction, improving ratios and favourable industry drivers, the issue offers solid long-term visibility for investors,” Angel One said, assigning a “Subscribe” rating for medium- to long-term investors.

KSH International IPO Day 1 Live: KSH International announced on Monday that it secured ₹213 crore from anchor investors ahead of the IPO’s opening for public bidding.

Institutions participating in the anchor book included HSBC Global Investment Funds, Societe Generale, Kotak Mahindra Life Insurance Company, Edelweiss Life Insurance Company, HDFC Mutual Fund, Kotak Mutual Fund, LIC Mutual Fund, and Bank of Baroda Mutual Fund, according to a BSE filing.

KSH International IPO Day 1 Live: Investor sentiment toward the IPO is muted, as KSH International's grey market premium (GMP) is ₹0 on December 16. This suggested that the stock was likely to debut at ₹384, same as IPO price.

'Grey market premium' indicates investors' readiness to pay more than the issue price.

KSH International IPO Day 1 Live: The mainboard IPO will open for subscription on December 16 and close on December 19.