KSH International Limited is a leading Indian manufacturer of magnet winding wires, primarily used in electric motors, transformers, generators, EV components and industrial equipment. The company earns revenue through B2B supply contracts with OEMs across power, automotive, renewable energy and industrial sectors. Its products play a critical role in electrical energy transmission and conversion, making them essential components across multiple industries.

The Company is led by Promoter, i.e., KUSHAL SUBBAYYA HEGDE, PUSHPA KUSHAL HEGDE, RAJESH KUSHAL HEGDE, ROHIT KUSHAL HEGDE, RAKHI GIRIJA SHETTY, DHAULAGIRI FAMILY TRUST, EVEREST FAMILY TRUST, MAKALU FAMILY TRUST, BROAD FAMILY TRUST, ANNAPURNA FAMILY TRUST, KANCHENJUNGA FAMILY TRUST AND WATERLOO INDUSTRIAL PARK VI PRIVATE LIMITED

The Revenues from operations for the Period ended on June 30 2025, and Fiscals ended on Mar 31, 2025, 2024 and 2023 were â‚¹ 5,626.04 Million, ₹ 19,381.90 Million, â‚¹ 13,904.95 Million, and ₹ 10,565.95 Million,The EBITDA for the Period ended on June 30 2025, and Fiscals ended on Mar 31, 2025, 2024 and 2023 were â‚¹ 402.83 Million, ₹ 1,225.34 Million, ₹ 714.63 Million, and ₹ 499.00 Million, The Profit after Tax for the Period ended on June 30 2025, and Fiscals ended on Mar 31, 2025, 2024 and 2023 were were â‚¹ 226.81 Million, ₹ 679.88 Million, â‚¹ 373.50 Million, and ₹ 266.13 Million, respectively. This indicates a steady growth in financial performance.

The Company Key Performance Indicates the pre-issue EPS of â‚¹11.97 and post-issue EPS of ₹10.03 for FY25. The pre-issue P/E ratio is 32.08x,while the post-issue P/E ratio is 38.27x against the Industry P/E ratio is 45.48x The company's ROE for FY25 is 22.77% and RoNW is 22.77% The Annualised EPS is ₹13.39x and P/E is 28.68x. These metrics suggest that the IPO is Fully priced.

The Grey Market Premium (GMP) of KSH International showing listing gains of 0%.Given the company's financial performance and the valuation of the IPO, we recommend  Investors to Avoid to the KSH International Limited IPO for Listing gain or Long Term Purpose.