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KSH International IPO posts modest listing performance on stock exchanges
KSH International shares listed at around ₹370 on the BSE and NSE, about 4% below the IPO price, after a ₹710 crore issue that reflected moderate investor interest and fundamental growth in assets.
KSH International’s initial public offering, which priced in the ₹365–₹384 band for a ₹710 crore issue, debuted on the BSE and NSE with shares listing at around ₹370, about 4% below the IPO price. The company is one of India’s leading manufacturers of magnet winding wires. Financials showed rising total and non-current assets, with a strengthened equity base ahead of listing day.