KSH International IPO is here and this business is far more important than most people realise.
This isn’t a wires story. It’s the backbone of India’s power, EV, railways, and industrial ecosystem.
KSH International is India’s 3rd largest manufacturer and largest exporter of magnet winding wires - the critical coils used inside transformers, motors, alternators, generators, and EVs.
IPO Dates: 16th to 18th December
Price Band: ₹365–₹384
What makes this IPO interesting?
Exports to 24 countries including USA, Germany & Japan
Customers include NTPC, Toshiba, GE Power, BHEL, Siemens Energy & Hitachi Energy
Revenue up 39%, Profit up 82% YoY
75% revenue comes from specialised, high-precision winding wires
Industry demand exploding: Power, transformers, EVs & renewables
But risks exist too:
High customer concentration (53%), supplier dependence (98%), and low margins due to commodity-linked raw materials.
Is this IPO worth considering? Watch to find out.
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