Malabar India Fund Buys 1.5% Stake in KSH International Ahead of Rs 745-Cr IPO

• Malabar India Fund acquired a 1.5% equity stake in KSH International.
• The acquisition took place ahead of KSH International's planned Rs 745-crore IPO.
• The fund purchased shares worth Rs 32.7 crore from promoters Rajesh Hegde and Rohit Hegde.
• KSH International's IPO will consist of a Rs 420 crore fresh issue and a Rs 325 crore offer-for-sale.
• IPO proceeds are earmarked for debt repayment, new machinery, a solar power plant, and general corporate purposes.

Why It Matters: This pre-IPO investment by a major fund validates KSH International's market potential.