Description

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

Summary

KSH International Limited (formerly KSH International Private Limited) has completed anchor investor allocation for its initial public offering (IPO). 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 per share). The total amount raised from anchor investors is ₹212,99,99,616 (approximately ₹213 crores).

Key Points

  • Total Equity Shares Allocated: 55,46,874 shares
  • Anchor Investor Allocation Price: ₹384 per equity share (face value ₹5 + premium ₹379)
  • Total Amount Raised: ₹212.99 crores
  • Domestic Mutual Fund Allocation: 41,40,591 shares (74.65% of total anchor allocation)
  • Number of Anchor Investors: 13 investors
  • Number of Mutual Fund Schemes: 8 schemes from 5 domestic mutual funds
  • Book Running Lead Managers: Nuvama Wealth Management Limited and ICICI Securities Limited
  • Company CIN: U28129PN1979PLC141032

Anchor Investor Details

Top Allocations

  1. HDFC Mutual Fund - HDFC Manufacturing Fund: 10,41,690 shares (18.78%) - ₹40.00 crores
  2. Kotak Infrastructure & Economic Reform Fund: 7,81,248 shares (14.08%) - ₹30.00 crores
  3. Kotak Manufacture in India Fund: 6,51,066 shares (11.74%) - ₹25.00 crores
  4. Kotak Special Opportunities Fund: 6,51,027 shares (11.74%) - ₹25.00 crores

Other Major 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
  • Bank of India Small Cap Fund: 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
  • Edelweiss Life Insurance Company Limited: 2,60,482 shares (4.70%) - ₹10.00 crores
  • ITI Flexi Cap Fund: 2,47,137 shares (4.46%) - ₹9.50 crores
  • Societe Generale - ODI: 1,30,241 shares (2.35%) - ₹5.00 crores
  • ITI Value Fund: 91,143 shares (1.64%) - ₹3.50 crores

Company Information

KSH International Limited (Formerly: KSH International Private Limited)

  • 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
  • Contact: +91-2135-256410, 256412, +91-8412973492
  • Email: info@kshinternational.com
  • Website: www.kshinternational.com

Important Dates

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

Impact Assessment

Market Impact: The strong participation from reputed domestic mutual funds (74.65% of anchor allocation) indicates positive institutional confidence in KSH International Limited. The presence of marquee investors like Kotak Mahindra group funds, HDFC Mutual Fund, LIC Mutual Fund, and ITI Mutual Fund suggests strong quality assessment of the IPO.

Investor Sentiment: The anchor book being fully subscribed with allocation to 13 institutional investors across diverse categories (mutual funds, insurance companies, foreign institutional investors) demonstrates broad-based demand and could positively influence retail and non-institutional investor participation in the public issue.

Sector Focus: Significant allocation to manufacturing-focused funds (HDFC Manufacturing Fund, Kotak Manufacture in India Fund) suggests the company operates in the manufacturing sector, aligning with India’s manufacturing growth theme.

Listing Outlook: Strong anchor investor participation typically provides price stability and support during listing, reducing volatility risks for retail investors.

Impact Justification

Significant IPO anchor allocation for new listing, relevant for primary market participants and investors tracking new issues