KSH International IPO Lists Dec 23, 2025: Grey Market Signals Discount
KSH International IPO Listing Date Fixed for Dec 23, 2025

The much-anticipated public offering of KSH International Limited has finally received its official listing date. The company's equity shares are scheduled to debut on the stock exchanges next week, marking a significant milestone for the firm.

Official Listing Details and Exchange Notification

As per official notifications published on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), the listing date for the KSH International IPO is Tuesday, December 23, 2025. The exchanges have confirmed that the shares will be admitted to dealings under the 'B' Group of Securities effective from that date. Consequently, the stock will be part of the Special Pre-open Session (SPOS) on its debut day. The company has also completed the necessary corporate action to mark the lock-in period for dematerialized shares in the depository's records.

Market Sentiment and Grey Market Premium (GMP)

Despite the formalities being in place, market reception appears lukewarm. Stock market analysts have noted that the IPO received a tepid response from investors during the subscription period, and this cautious sentiment is likely to extend to the listing day. The grey market, an unofficial platform for trading shares before listing, is currently offering KSH International shares at a discount of ₹2 compared to the upper price band of the public issue. This indicates that the grey market expects the listing price to be around ₹382, against the upper band of ₹384.

Expert Outlook on Listing Day Performance

Market experts suggest the final listing price will heavily depend on the broader market mood on December 23rd. Positive sentiment in the secondary market could lead to a listing at par with the issue price. However, if the market opens negatively, the shares may list at a discounted price. The current lack of enthusiasm in the grey market underscores the cautious outlook surrounding this public issue. Ultimately, the performance will be a direct reflection of investor confidence and prevailing market conditions on the listing date.