KSH International IPO Subscribed 26% on Day 2; Analysts See Strong Long-Term Potential

• KSH International IPO saw 26% subscription on Day 2 (December 17), with retail investors at 46% and NIIs at 13%.
• The Rs 710-crore IPO, priced at Rs 365-384 per share, closes December 18 and lists December 23.
• Company mobilized Rs 213 crore from 10 anchor investors, including Kotak Mahindra AMC, HDFC AMC, LIC Mutual Fund.
• Proceeds will fund debt repayment, a solar plant, and expansion at Supa facility and Unit 2 in Chakan.
• Analysts from Bonanza, Angel One, and Master Capital Services recommend 'Subscribe' for long-term, citing strong financials and industry growth.

Why It Matters: Despite muted Day 2 subscription, analysts see KSH International IPO as a good long-term investment.