Description

KSH International Limited allocates 55,46,874 equity shares to anchor investors at ₹384 per share, raising ₹212.99 crores with 74.65% allocation to domestic mutual funds.

Summary

KSH International Limited (formerly KSH International Private Limited) has finalized the allocation of equity shares to anchor investors as part of its initial public offering. The IPO Committee, in consultation with book running lead managers Nuvama Wealth Management Limited and ICICI Securities Limited, allocated 55,46,874 equity shares of face value ₹5 each at an anchor investor allocation price of ₹384 per share (including share premium of ₹379), raising a total of ₹212,99,99,616.

Key Points

  • Total anchor allocation: 55,46,874 equity shares at ₹384 per share
  • Face value: ₹5 per equity share
  • Share premium: ₹379 per equity share
  • Total amount raised from anchor investors: ₹212.99 crores
  • Domestic mutual funds received 74.65% (41,40,591 shares) of anchor allocation through 8 schemes
  • 13 anchor investors participated in the allocation
  • Book running lead managers: Nuvama Wealth Management Limited and ICICI Securities Limited
  • Allocation finalized on December 15, 2025

Major Anchor Investors

Largest Allocations:

  • HDFC Mutual Fund - HDFC Manufacturing Fund: 10,41,690 shares (18.78%) - ₹40.00 crores
  • Kotak Infrastructure & Economic Reform Fund: 7,81,248 shares (14.08%) - ₹29.99 crores
  • Kotak Manufacture in India Fund: 6,51,066 shares (11.74%) - ₹25.00 crores
  • Kotak Special Opportunities Fund: 6,51,027 shares (11.74%) - ₹24.99 crores

Other Significant Investors:

  • Malabar India Fund Limited: 3,38,520 shares (6.10%) - ₹12.99 crores
  • HSBC Global Investment Funds - Asia Ex Japan Equity Smaller Companies: 3,38,520 shares (6.10%) - ₹12.99 crores
  • Kotak Mahindra Life Insurance Company Ltd: 3,38,520 shares (6.10%) - ₹12.99 crores
  • LIC MF Large and Mid Cap Fund: 3,38,520 shares (6.10%) - ₹12.99 crores
  • ITI Flexi Cap Fund: 2,47,137 shares (4.46%) - ₹9.49 crores
  • Bank of India Small Cap Fund: 3,38,520 shares (6.10%) - ₹12.99 crores
  • Edelweiss Life Insurance Company Limited: 2,60,482 shares (4.70%) - ₹10.00 crores
  • ITI Value Fund: 91,143 shares (1.64%) - ₹3.49 crores
  • Societe Generale - ODI: 1,30,241 shares (2.35%) - ₹5.00 crores

Company Information

  • Company Name: KSH International Limited (formerly KSH International Private Limited)
  • CIN: U28129PN1979PLC141032
  • Business: Manufacturing sector
  • Corporate Office: 201, Tower-2, Montreal Business Center, Pallod Farms, Baner, Pune 411045
  • Registered Office: Gat No. 11/5, 11/3 & 11/4, Village Biradwadi, Chakan, Tal. Khed, Dist. Pune 410501, Maharashtra

Mutual Fund Scheme-Wise Allocation

Domestic mutual funds were allocated 41,40,591 equity shares (74.65% of total anchor allocation) through 8 schemes:

  1. HDFC Manufacturing Fund: 10,41,690 shares (18.78%)
  2. Kotak Infrastructure & Economic Reform Fund: 7,81,248 shares (14.08%)
  3. Kotak Manufacture in India Fund: 6,51,066 shares (11.74%)
  4. Kotak Special Opportunities Fund: 6,51,027 shares (11.74%)
  5. LIC MF Large and Mid Cap Fund: 3,38,520 shares (6.10%)
  6. ITI Flexi Cap Fund: 2,47,137 shares (4.46%)
  7. Bank of India Small Cap Fund: 3,38,520 shares (6.10%)
  8. ITI Value Fund: 91,143 shares (1.64%)

Important Dates

  • Anchor Investor Allocation Date: December 15, 2025
  • IPO Committee Meeting Date: December 15, 2025

Impact Assessment

The anchor investor allocation demonstrates strong institutional interest in KSH International Limited’s IPO, with significant participation from major domestic mutual funds (74.65% of allocation). The presence of marquee investors like HDFC Mutual Fund, Kotak Mahindra group entities, LIC Mutual Fund, and international investors like HSBC and Malabar India Fund indicates confidence in the company’s prospects. The allocation provides price discovery and stability for the upcoming public offering, with the anchor allocation price of ₹384 per share serving as a reference point for retail and institutional investors in the main IPO.

Impact Justification

Standard IPO anchor investor allocation for new listing; significant institutional participation indicates market interest but limited broader market impact.