KI

KSH International

Book Building issueMainboardNSE₹626 Cr issue
-3.65%
Listing gain over issue price
Issue size
₹626 Cr
1 lot at cut-off
₹14,976
Lot size
39shares
Open
16 Dec 2025
Close
18 Dec 2025
Allotment
19 Dec 2025
Listing
23 Dec 2025

Listing performance

Issue price
₹384
Listed at
₹370
Listing-day close
₹355
Latest price
₹841.8
Listing gain
-3.65%
Return since listing
+119.22%

Scheduled dates

Tentative timetable — a past date is not confirmation the step completed

  1. Open
    16 Dec 2025
  2. Close
    18 Dec 2025
  3. Allotment
    19 Dec 2025
  4. Refund
    22 Dec 2025
  5. Demat credit
    22 Dec 2025
  6. Listing
    23 Dec 2025

Grey market premium

Unofficial and indicative — not a forecast

-₹2

3 observations recorded — too few to plot a trend.

Day-wise premium · 3 observations
DateGMP%SaudaEst. listingGain / lot
23 Dec 2025-₹2-0.52%₹0₹382₹-78
22 Dec 2025-₹2-0.52%₹0₹382₹-78
21 Dec 2025₹00.00%₹0₹384₹0

Gain per lot assumes the premium holds to listing and that the application is allotted — allotment in an oversubscribed issue is a lottery, so it is indicative, not expected. Sauda is the rate paid for a submitted application itself.

Issue details

IPO date
16 Dec 2025 – 18 Dec 2025
Listing date
23 Dec 2025
Face value
₹5 per share
Issue price
₹384 per share
Lot size
39 shares
Issue type
Book Building issue
Listing at
NSE
Total issue size
₹626 Cr
Market cap at offer price
₹2,602 Cr
Promoter holding
98.40% → 71.36% pre-issue → post-issue
ISIN
INE987S01020
Registrar
MUFG Intime India Pvt.Ltd.
Lead managers
Nuvama Wealth Management Ltd.
Registered office
11/3, 11/4 and, 11/5 Village Birdewadi Chakan, Taluk Khed, Maharashtra

Reservation and application size

How the issue is split between investor categories, and what each may bid

Investor categoryShares% of net% of total
Anchor investor · within QIB55,46,874
Market maker 0

Application size

Minimum 39 shares per lot, in multiples, at ₹384

ApplicationLotsSharesAmount
Retail (min)139₹14,976
Retail (max)13507₹1,94,688
S-HNI (min)14546₹2,09,664
S-HNI (max)662,574₹9,88,416
B-HNI (min)672,613₹10,03,392

Category limits

CategoryBid sizeCut-off
Retail (RII)Up to ₹2 lakhYes
Small HNI (sNII)₹2 lakh – ₹10 lakhNo
Big HNI (bNII)Above ₹10 lakhNo
EmployeeUp to ₹5 lakhYes

Bidding at cut-off means accepting the final issue price without naming one. Only retail and employee applicants may do so.

Anchor investors

Institutional allocation placed a day before the issue opens, carved out of the QIB portion and locked in after listing.

Shares allocated
55,46,874
Anchor portion
₹213 Cr
at ₹384 per share

Valuation and performance

Valuation at offer price

₹384 per share

MetricPre-issuePost-issue
EPS (₹)11.9713.39
P/E (×)32.0828.68
Price to book (×)7.31
Market cap₹2,602 Cr

Key performance indicators

Latest reported period

Return on net worth
22.77%
ROCE
16.60%
Debt / equity
1.17
PAT margin
3.51%
EBITDA margin
6.35%
NAV per share
₹52.54
Price to book
7.31

Single period as reported. Year-on-year movement is in the financials table below, where every period is published.

Disclaimer. Figures are compiled from the issuer's offer document and exchange-published bidding data. Subscription changes until the issue closes, and the final basis of allotment is published by the registrar. Grey Market Premium is unofficial, indicative data from unregulated grey-market dealers — it is not published by NSE, BSE, SEBI or the issuer, and is not a forecast of the listing price. Nothing here is investment advice or a recommendation; read the offer document and consult a SEBI-registered adviser before applying.