KSH International IPO allotment: How to check status online on MUFG Intime India, NSE, BSE; listing date, time revealed

KSH International IPO allotment: The basis of allotment of magnet winding wires maker KSH International will be finalised on Friday, December 19. The details will be out on the websites of MUFG Intime India, the NSE and the BSE.

The initial share sale attracted 83% subscription during the three-day bidding period. It got bids for 1,12,35,627 shares compared to 1,36,16,438 shares on offer, according to the National Stock Exchange (NSE) data.

Only the qualified institutional buyers' (QIBs) quota was fully subscribed (1.06 times). The retail individual investors (RIIs) category got 86% subscription, while the portion for non-institutional investors (NIIs) was subscribed 42%.

The ₹710 crore initial public offering, with a price band of ₹365 to ₹384 per share, was a combination of fresh issuance of shares valued at ₹420 crore and an offer-for-sale of shares totalling ₹290 crore by promoters.

Proceeds from the fresh issue will be utilised for repayment of certain borrowings, setting up of new machinery at two facilities, setting up a rooftop solar plant and general corporate purposes.

KSH International commenced its operations in 1981 by manufacturing magnet winding wires in Maharashtra's Raigad, and in the last four decades, it has diversified its operations to produce various types of standard and specialised magnet winding wires. The company sells its products through its brand 'KSH'.

Its customers include Bharat Bijlee, Bharat Heavy Electricals Ltd, Georgia Transformer Corporation, Virginia Transformer Corporation, Siemens Energy India, and Hitachi Energy India.

KSH International IPO allotment date and time

KSH International IPO allotment is expected to be finalised on Friday, December 19, by late evening.

How to check KSH International IPO allotment status online on MUFG Intime India

• Go to the registrar's IPO status page: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
• From IPO names, select ‘KSH International Limited’
• Mention your Application No, DP/Client ID, PAN or Account No/IFSC
• Press the ‘Submit’ button

Steps to check KSH International IPO allotment status online on NSE

• Visit NSE's IPO bid finalisation link: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
• Select the 'Equity & SME IPO bid details’ option
• From the 'Select Symbol' dropdown, choose 'KSHINTL'
• Add PAN (Permanent Account Number) and IPO application number
• Press the 'Submit' button

KSH International AMC IPO allotment status online on BSE

• Visit BSE's IPO allotment status website: https://bseindia.com/investors/appli_check.aspx
• Keep issue type as ‘Equity’
• Select 'KSH International' from the IPOs
• Fill in IPO application number or PAN
• Hit the ‘Search’ button

KSH International IPO listing date and time

Shares of KSH International will make their debut on the NSE and BSE on Tuesday, December 23, at 10 am.

KSH International IPO GMP

According to investorgain.com and media reports, KSH International's unlisted shares are reflecting a grey market premium of 0% against the upper price band of ₹384.