India's KSH International drops about 7% on trading debut

KSH International

23/12/2025 05:42

** KSH International KSHN.NS falls nearly 7% to 357.05 rupees on debut

** Magnet winding wires maker listed at 370 rupees on NSE vs issue price of 384 rupees

** Co valued at 24.39 billion rupees ($271.85 million)

** KSHN's IPO subscribed 83% through 3-day bidding process, forcing it to cut IPO size to 6.44 bln rupees from 7.1 bln rupees to meet exchange-mandated 90% subscription mark

($1 = 89.7200 Indian rupees)

(Reporting by Abhirami G in Bengaluru)

((abhirami.g@thomsonreuters.com))