KSH International raises Rs 213 cr from 10 anchor investors for Rs 710 cr IPO

• KSH International raised Rs 213 crore from 10 anchor investors ahead of its Rs 710-crore IPO.
• The IPO, comprising a Rs 420 crore fresh issue and Rs 290 crore offer-for-sale, opens for public subscription from December 16-18.
• Anchor investors were allocated 55.46 lakh shares at Rs 384 each, including major domestic mutual funds and insurance companies.
• Kotak Mahindra AMC was the largest anchor investor, acquiring shares worth Rs 80 crore.
• Fresh issue proceeds will fund debt repayment (Rs 226 crore), a rooftop solar plant (Rs 8.8 crore), and machinery/expansion (Rs 87 crore).

Why It Matters: Anchor investors' commitment to KSH International's IPO signals market confidence.