KSH International IPO, which opened for subscription on Tuesday, December 16, has received a tepid response from investors on the first day of bidding. The mainboard IPO will remain open for subscription till Thursday, December 18.
KSH International garnered ₹213 crore from anchor investors, ahead of the opening. HSBC Global Investment Funds, Société Générale, Kotak Mahindra Life Insurance, Edelweiss Life Insurance, HDFC Mutual Fund, Kotak MF, LIC MF, and Bank of Baroda MF, were the major participants in the anchor book round.
Established in 1981, KSH International operates under the KSH brand and has developed strong market recognition over the past four decades. The company caters to several marquee clients and exports its products to 24 countries worldwide.
(This is a developing story)
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