Societe Generale and others buy stake worth ₹213 Cr in this ongoing IPO, should you apply?

Synopsis: KSH International raised Rs. 213 crore from anchor investors ahead of its Rs. 710 crore IPO opening on December 16, 2025. The issue will fund debt reduction and capacity expansion, backed by strong global and domestic institutional participation.

The company is India’s third-largest manufacturer and the largest exporter of magnet winding wires, supplying critical components to the power, renewables, railways, and industrial sectors, is now in focus after successfully raising funds from anchor investors ahead of its IPO.

News

KSH International successfully raised Rs. 213 crore from anchor investors ahead of its IPO by allotting 55,46,874 equity shares at Rs. 384 per share, signalling robust institutional confidence. 

The Rs. 710 crore IPO, comprising a Rs. 420 crore fresh issue and a Rs. 290 crore offer for sale by promoters, opens today, December 16, 2025, and closes on December 18. Shares carry a price band of Rs. 365-Rs. 384, with a lot size of 39 shares, and tentative listing on BSE and NSE on December 23. Proceeds from the fresh issue will fund debt repayment, machinery expansion at facilities in Supa and Chakan, a rooftop solar plant, and general corporate needs.​

This anchor round featured participation from global players like HSBC Global Investment Funds and Societe Generale, alongside domestic entities such as Kotak Mahindra Life Insurance and Edelweiss Life Insurance. Mutual funds showed strong interest too, with 41,40,591 shares allocated to five funds, including HDFC, Kotak, LIC MF, Bank of Baroda MF, and Malabar India Fund.​

As India’s third-largest magnet winding wires manufacturer and the largest exporter in FY25, KSH International reported Rs. 1,928 crore in revenue and Rs. 68 crore in net profit for the year. ICICI Securities and Nuvama Wealth Management lead the issue, with MUFG Intime India as registrar.

About the company 

Incorporated in 1979, KSH International Limited is India’s third-largest manufacturer and the largest exporter of magnet winding wires, operating under the ‘KSH’ brand. The company supplies to leading OEMs across sectors such as power, renewable energy, railways, automotive, and industrials. Its product portfolio includes round and rectangular enamelled copper and aluminium winding wires, paper-insulated conductors, continuously transposed conductors, and bunched paper-insulated magnet wires.

It is an approved supplier to major public and private entities, including PGCIL, NTPC, NPCIL, RDSO, BHEL, GE Power Grid Solutions, and Toshiba T&D Systems India, with exports spanning 24 countries such as the USA, Germany, UAE, and Japan. 

The company operates three manufacturing facilities in Maharashtra with a combined annual capacity of 29,045 MT, and is setting up a fourth plant in Supa, Ahilyanagar, expected to be operational in FY26. Backed by a strong in-house R&D and engineering team, KSH focuses on innovation, efficiency, and quality.

Written by Manideep Appana

Disclaimer

The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.

The post Societe Generale and others buy stake worth ₹213 Cr in this ongoing IPO, should you apply? appeared first on Trade Brains.