KSH International raises Rs 213 cr from anchor investors before IPO

• KSH International mobilised Rs 213 crore from anchor investors ahead of its IPO.
• The company allotted 55,46,874 equity shares at Rs 384 each to anchor investors, including HSBC and Societe Generale.
• KSH International's Rs 710 crore IPO opens December 16-18, with a price band of Rs 365-384 per share.
• The IPO includes a Rs 420 crore fresh issue and a Rs 290 crore offer-for-sale by promoters.
• Proceeds from the fresh issue will be used for debt payment, expansion, new machinery, and a rooftop solar plant.

Why It Matters: This IPO anchor investment reveals investor confidence in KSH International.