KSH International Limited IPO Review
Neutral365-384 · Mainboard
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Analyst Verdict
KSH International Limited IPO
Neutral
IPO at a Glance
Price Band
365-384
Issue Size
710cr
Min. Investment
₹14,976
Opens
2025-12-14
Closes
2025-12-16
Listing
2025-12-21
Category
Mainboard
Key Strengths
✓One of India’s leading manufacturers of magnet winding wires with a comprehensive product suite.
✓Diversified product portfolio catering to multiple end-use industries, enabling strong cross-selling.
✓Products serve critical applications across power, renewables, automotive, industrials, railways, and appliances.
✓Large, strategically located manufacturing facilities with significant installed capacity and expansion underway.
✓Strong export presence as the largest exporter of magnet winding wires from India in FY25.
Key Risks
⚠High dependence on top customers, contributing over half of total revenue across multiple years.
⚠Significant exposure to raw material price volatility, especially copper and aluminium.
⚠Manufacturing facilities face operational hazards including equipment failure, fire, accidents, and force-majeure events.
⚠Insurance coverage may not be adequate to cover all potential operational and catastrophic risks.
⚠Differences between Ind AS and other international accounting standards may affect investor interpretation of financials.
Frequently Asked Questions
Should I apply for KSH International Limited IPO?
Based on our analysis, our rating for KSH International Limited IPO is: Neutral. Review the full analysis including strengths, risks, and financials on CheckIPO before making a decision.
What are the key risks of KSH International Limited IPO?
High dependence on top customers, contributing over half of total revenue across multiple years. Significant exposure to raw material price volatility, especially copper and aluminium. Manufacturing facilities face operational hazards including equipment failure, fire, accidents, and force-majeure events.
What are the strengths of KSH International Limited IPO?
One of India’s leading manufacturers of magnet winding wires with a comprehensive product suite. Diversified product portfolio catering to multiple end-use industries, enabling strong cross-selling. Products serve critical applications across power, renewables, automotive, industrials, railways, and appliances.
What is the price band of KSH International Limited IPO?
The price band for KSH International Limited IPO is 365-384. The IPO has closed.
Full Analysis Available
Financials, DRHP breakdown, peer comparison, shareholding pattern & more