KSR Footwear Makes Market Debut After Demerger, Lists at ₹33 on BSE and ₹34.95 on NSE

Kolkata, November 27, 2025: KSR Footwear Limited made its stock market debut today following the successful completion of its demerger process. The newly formed company has been listed on both the NSE and the BSE.

Demerger Details

Earlier this year, Khadim India Limited (KIL) completed the demerger of its distribution business into a separate entity, KSR Footwear Limited (KFL). The demerger received approval from the NCLT Kolkata Bench on 27 March 2025, and the joint record date was fixed for 7 June 2025 to determine eligible shareholders.

Following the restructuring, Khadim India revised its authorised share capital from ₹60 crore (6 crore shares) to ₹40 crore (4 crore shares), reflecting the separation of its distribution operations into KSR Footwear.

Listing Snapshot

As of 27 November 2025, KSR Footwear shares are officially listed on the NSE and BSE with ISIN INE1SPP01016. The stock listed at ₹34.95 on NSE and ₹33.00 on BSE under the BE series/group on NSE and T / T+1 on BSE. The previous close reference prices were ₹55.15 for NSE and ₹57.25 for BSE. The company is categorised under the Trading & Distributors industry classification.

Market Snapshot

KSR Footwear shares closed at ₹32.28, marking a steep 41.47% decline (₹22.87) from the issue price of ₹55.15 and a 7.64% (₹2.67) fall from the opening price of ₹34.95. The intraday movement ranged between ₹32.28 and ₹34.95.

Despite a subdued closing, the stock saw a reasonable level of activity, with a total market capitalisation of ₹59.33 crore. The company recorded a traded value of ₹0.07 crore and a trading volume of 0.22 lakh shares during the session.

REF:https://www.nseindia.com/get-quotes/equity?symbol=KSR

https://www.bseindia.com/stock-share-price/ksr-footwear-ltd/ksr/544615/

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