KSH International is launching its Initial Public Offering (IPO) today, December 16.
The three-day issue will remain open for subscription until December 18.
The company aims to raise a total of Rs 710 crore, with shares planned to list on both the BSE and NSE.
Investors looking to participate should know the key details about pricing, issue structure, and important dates before placing their bids.
IPO Timeline and Listing Plan
The IPO opens on December 16 and closes on December 18. Share allotment is expected to be finalised on December 19.
If successful, investors could see KSH International’s shares debut on the stock market on December 23 on both the BSE and NSE.
Price Band and Minimum Investment
The price band for the IPO is set at Rs 365 to Rs 384 per share. Investors applying at the upper end will pay Rs 384 per share.
The minimum lot size is 39 shares, which means a retail investor will need to invest at least Rs 14,976 if applying at the top price.
For non-institutional investors, the investment amount increases depending on the number of lots applied.
Issue Structure and Fund Usage
KSH International plans to raise Rs 710 crore through the IPO.
This includes:
Fresh Issue: Rs 420 crore through new equity shares, which will support the company’s business needs.
Offer for Sale (OFS): Rs 290 crore through existing shareholders selling part of their holdings.
Since part of the IPO is an offer for sale, not all proceeds will go to the company.
The fresh issue will help in business expansion, while the OFS allows current investors to reduce their holdings.
Grey Market Trends
In the grey market, KSH International shares are currently trading flat.
While the grey market premium (GMP) provides some indication of sentiment, it is unofficial and can fluctuate.
Key Players Managing the IPO
The IPO is managed by Nuvama Wealth Management, which acts as the book-running lead manager.
MUFG Intime India is the registrar and will handle allotment and refund processes for investors.
