KSH International share price down ahead of Q2 results announcement

KSH International share price: Shares of magnet winding wires maker KSH International declined on Monday, January 5, ahead of the company's financial results for the quarter ended September 2025.

The stock declined as much as 4% to ₹358.6 apiece on the National Stock Exchange (NSE). At 12:16 pm, it was down 2.6% to ₹363.85 per unit.

"The meeting of the Board of Directors of the company is scheduled to be held on Monday, 05th January, 2026 to, inter alia, consider and approve the unaudited standalone financial results for the quarter and six-month period ended 30th September, 2025," the company had said in an exchange filing.

The stock had listed at ₹370 per share on the NSE, a discount of 3.65% against the IPO issue price of ₹384.

The ₹710 crore initial public offer was a mix of a fresh issuance of shares valued at ₹420 crore and an offer-for-sale component aggregating to ₹290 crore by promoters Kushal Subbayya Hegde, Rajesh Kushal Hegde, Rohit Kushal Hegde and Pushpa Kushal Hegde. It had a price band of ₹365 to ₹384 per share.

The objectives of the issue were debt repayment, setting up of new machinery at two units, establishing a rooftop solar plant and general corporate purposes.

Prior to the IPO, the company had mobilised ₹213 crore from anchor investors, including HSBC Global Investment Funds, Edelweiss Life Insurance Company, Societe Generale, Kotak Mahindra Life Insurance Company, HDFC Mutual Fund (MF), LIC MF, Bank of Baroda MF, and Kotak MF.

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