The much-anticipated public offering of KSH International Limited has finally received its official listing date. The company's equity shares are scheduled to be listed and admitted to dealings on the stock exchanges from Tuesday, December 23, 2025.
Listing Details and Market Sentiment
According to official notices on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), the shares will be part of the 'B' Group of Securities. Trading will commence with a Special Pre-open Session (SPOS) on the listing day. The company has also completed the necessary formalities, informing the exchanges that the lock-in period for shares in demat form has been marked in the depository's records.
However, the road to listing has been lukewarm. Market analysts point out that the KSH International IPO received a tepid response from investors during the subscription period. This cautious mood is expected to extend to the listing day as well. The grey market, an unofficial platform for trading shares before listing, reflects this pessimism. Reports indicate that the company's shares are trading at a discount of ₹2 compared to the IPO's upper price band, implying a negative Grey Market Premium (GMP).
Expert Predictions on Listing Price
SEBI-registered analyst Avinash Gorakshkar attributed the muted interest to the issue being perceived as slightly overpriced. He stated that while positive secondary market sentiment could lead to institutional buying and support the price, it may not be enough for a significant boost. "In the bulls case, we are expecting a par listing, whereas in the bears case, KSH International IPO may have a discounted listing," Gorakshkar explained.
Echoing this cautious outlook, Anuj Gupta, Director of Ya Wealth, provided specific price range predictions. He suggested that in an optimistic scenario, the KSH International IPO listing price could be around ₹380 to ₹390. In a bearish market environment, however, the listing price could fall to the ₹355 to ₹365 range.
What Investors Should Watch
The final listing price will heavily depend on the broader market mood on December 23. Experts agree that a positive opening in the secondary market could lead to a listing at or near the issue price (par listing). Conversely, a negative trend could force the stock to list at a discount. The current grey market activity, showing a ₹2 discount, sets the initial expectation for a listing price around ₹382, assuming an upper price band of ₹384.
Disclaimer: This article is for informational purposes only. The views and recommendations are those of individual analysts. Investors are advised to consult certified experts before making any investment decisions.
