Incorporated in 1979, KSH International Limited holds a prominent position in the magnet winding wire industry as the third-largest manufacturer and the largest exporter in India. Operating under the ‘KSH’ brand, the company is a critical supplier to Original Equipment Manufacturers (OEMs) across diversified, high-growth sectors, including power, renewables, railways, and automotive.

KSH’s comprehensive product portfolio includes various specialized wires, such as round enameled and paper-insulated rectangular copper/aluminum magnet winding wires and continuously transposed conductors. The company’s focus on quality has secured its status as an approved supplier to key public sector undertakings like PGCIL, NTPC, and NPCIL, alongside robust private sector engagement. Its global footprint is substantial, with exports reaching 24 countries, including the USA, Germany, and Japan.

With three existing manufacturing units in Maharashtra and a fourth facility planned for Fiscal 2026, KSH maintains a total annual capacity of 29,045 metric tons (MT). This scale, combined with its strong in-house R&D capabilities and adherence to stringent quality certifications, underscores its commitment to product innovation and operational efficiency, earning accolades from major customers such as Toshiba and BHEL.

For the year/period ended (Rs. in Cr.)

For year/ period ended ( in Cr.)

*Market cap @upper band

• One of the leading manufacturers of magnet winding wires in India, with a comprehensive suite of products used across multiple end-use industries.
• Large, strategically located manufacturing facilities with a focus on advanced technologies and new product and process development.
• Long-standing relationships with our diversified customer base, both domestically and globally.
• Proven track record with necessary certifications and accreditations in an industry which has high barriers to entry.
• Experienced Promoters and Senior Management team.

The Company KSL INTERNATIONAL LIMITED IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:

• Repayment of certain company borrowings (Rs. 225.98 Cr.)
• Purchase and setup of new machinery at 2 plants (Rs. 87.02 Cr.)
• Purchase and setup of a rooftop solar power plant for power generation at our Supa Facility (Rs. 8.83 Cr.)
• General corporate purposes

At the upper band of IPO Rs. 384, the stock is valued at 28.68 P/E multiple. Hence, well-informed investors subscribe for medium to long term perspective.