Nuvama Contribution:
- Nuvama emerged as the Top Performing Banker in the QIB – Anchor and Main Book Segment – Spearheading demand & securing the Highest share of ~61% in terms of amount and Highest number of investors converted in the Anchor Book (6/11)
- With this IPO, Nuvama continues its dominance in the Cables & Wires and T&D Space – 9th Deal# in the space, making us the “Banker of Choice” in the ecosystem
- Nuvama leveraged its Strong understanding of the Space to position KSH as one of the Leading Manufacturers of Magnet Winding Wires in India
- This IPO marks Nuvama’s 6th IPO as the Left Lead Banker in the last 3 months
- As the Left-Lead banker, Nuvama handheld the Company through every stage of the IPO, providing guidance and end-to-end support to ensure smooth and successful closure
Deal Details:
- KSH International, established in 1979 is the 3rd Largest Manufacturer of Magnet Winding Wires^ in India and Largest Exporter of Magnet Winding Wires** from India
- The deal saw participation from a Varied Investor Set including Large Mutual Funds, Marquee FIIs, and Life Insurance Companies.
“We i.e. the entire KSH International team are thankful to you – our left-lead banker Nuvama, for your guidance, execution, industry insights and domain expertise through our IPO journey. Being well prepared, well informed and responsive resulted in a swift and seamless approval process. We look forward to a long-term relationship with Nuvama in a post listed environment.
Please do convey our regards and best wishes for all your future listings to the entire Nuvama team.”
Rajesh Hegde, Managing Director
**Includes Secondary Pre-IPO of 327 Mn #Since April 2019; @Since June 2024;
^in terms of production capacity in Fiscal 2025 **In terms of export revenues in Fiscal 2025