KSH International IPO Closes 83% Subscribed; QIBs Fully Booked, Muted Listing Expected

• KSH International IPO closed on Day 3 with an overall subscription of 83%, falling short of full subscription.
• Qualified Institutional Buyers (QIB) portion was fully booked at 106%, while retail subscribed 86% and NIIs 42%.
• The Rs 710-crore IPO received bids for 1.12 crore shares against an offer size of 1.36 crore shares.
• Grey Market Premium (GMP) indicates a muted listing, trading flat or at 1.56% over the IPO price.
• Analysts recommend 'Subscribe' citing strong financials, growth visibility, and fair valuation for long-term investors.

Why It Matters: KSH International IPO closed 83% subscribed, QIBs fully booked, but GMP suggests a muted listing.