The Initial Public Offering (IPO) of KSH International Limited is subscribed on the final day of bidding with slight reduction in the offer for sale (OFS) size. 

As per the exchange data, the QIB portion has been subscribed by 1.06 times. 

KSH International had garnered Rs 213 crore from anchor investors ahead of its initial public offering that opened for public subscription on December 16.

Some of the marquee institutions that participated in the anchor include HSBC Global Investment Funds – Asia ex Japan equity Smaller Companies, Societe Generale, Kotak Mahindra Life Insurance Company and Edelweiss Life Insurance Company. 

Amongst equity-oriented schemes, the company has allocated shares to HDFC Mutual Fund – HDFC Manufacturing Fund, Kotak Infrastructure & Economic Reform Fund, LIC MF Large and Mid-Cap Fund, Bank of India Small Cap Fund and Malabar India Fund.

ICICI Securities and Nuvama Wealth Management are the book-running lead manager; and MUFG Intime India Private Limited is the registrar of the offer.