KVS Castings IPO
GMP, Subscription, Price, Dates & Financial Details
Trading
KVS Castings LimitedIncorporated in 2005, KVS Castings Limited is engaged in the manufacturing of cast iron, SG iron, alloy steel, and stainless steel castings. With a strong focus on innovation and stringent quality standards, the company serves diverse industries, including automobile,…
Open Date
Fri, 26 Sep 2025
Close Date
Tue, 30 Sep 2025
Price Band
₹ 53 – 56
Lot Size
2000
Issue Size
₹ 28.00 Cr
Minimum Investment
₹ 224,000 (4000 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
KVS Castings IPO has successfully completed its IPO process and is now listed on BSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹28.00 Crore, comprising a fresh issue of 47.16 Lakh equity shares aggregating to ₹26.00 Crore.
The KVS Castings IPO remained open for subscription from September 26, 2025, to September 30, 2025. The basis of allotment was finalized on October 01, 2025, and the company's shares were listed on BSE SME Platform on October 06, 2025.
The company had fixed the price band at ₹53 to ₹56 per share, with a lot size of 2000 shares. Retail investors were required to make a minimum investment of ₹224,000 (based on the upper price band) to apply for one lot.
Skyline Financial Services Private Ltd served as the registrar to the issue. Narnolia Financial Services acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, KVS Castings Limited is now a publicly listed company on BSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
KVS Castings IPO Timeline (Tentative)
- IPO Open Date
- Fri, 26 Sep 25
- IPO Close Date
- Tue, 30 Sep 25
- Basis of Allotment
- Wed, 01 Oct 25
- Initiation of Refunds
- Fri, 03 Oct 25
- Credit of Shares to Demat
- Fri, 03 Oct 25
- Listing Date
- Mon, 06 Oct 25 — NSE & BSE
Open Date
26 September 2025
Close Date
30 September 2025
Basis Of Allotment
01 October 2025
Listing Date
06 October 2025
IPO Subscription
Check Live Subscription →The KVS Castings IPO has received bids for 1,37,96,000 shares against 47,16,000 shares offered, resulting in an overall subscription of 2.93x. the NII category is subscribed 5.38x, Retail Investors 2.6x, and QIBs 2.41x.
QIB
2.41x
NII
5.38x
RII
2.6x
Total
2.93x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 16,56,000 shares, representing 33.32% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 23,52,000 shares (0%), while Non-Institutional Investors (NIIs) receive 7,08,000 shares (14.25%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Market Maker | 254,000 | 5.11% |
| Qualified Institutions | 2,352,000 | 0% |
| Non-Institutional | 708,000 | 14.25% |
| Retail Investors | 1,656,000 | 33.32% |
| Total | 4,970,000 | 100% |
Financials Details(₹ in Crores)
| Particular | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 47.75 | 31.35 | 32.01 |
| Revenue | 50.43 | 54.7 | 57.61 |
| Profit After Tax | 6.63 | 5.95 | -1.6 |
| Net Worth | 34.45 | 25.79 | 19.83 |
| Reserve & Surplus | 20.67 | 19.02 | 13.07 |
| Total Borrowings | 3.72 | 0.58 | 4.98 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
KVS Castings Limited KPI Information
| Particular | KPI As On | Mar 2024 | Mar 2023 |
|---|---|---|---|
| ROE % | 22 | 26.09 | 27.78 |
| ROCE % | 23.78 | 31.64 | 30.66 |
| Debt / Equity | 0.11 | 0.02 | 0.25 |
| RoNW % | 22 | 26.09 | 27.78 |
| Pat Margin % | 13.22 | 10.99 | 8.45 |
Peers Comparison
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| KVS Castings Limited | 10 | 0.00 | 4.50 | 4.50 | 22.00 | 24.99 |
| Universal Auto Foundry Ltd | 10 | 33.81 | 1.98 | 1.98 | 3.34 | 58.70 |
| Thaai Casting Limited | 10 | 20.95 | 5.07 | 5.07 | 13.97 | 36.31 |
About KVS Castings Limited
KVS Castings Limited
Incorporated in 2005, KVS Castings Limited is engaged in the manufacturing of cast iron, SG iron, alloy steel, and stainless steel castings. With a strong focus on innovation and stringent quality standards, the company serves diverse industries, including automobile, locomotive, and engineering sectors.
KVS Castings provides end-to-end casting solutions and has developed a wide portfolio of over 150 products, ranging from suspension brackets and brake drums to gearbox housings, pump bodies, oil filters, and more, crafted using materials from cast iron to stainless steel.
Product Portfolio Highlights
- Gear Shifter: Gear transmission component for two-wheelers
- Compressor Front Housing: Cover housing for passenger car air conditioning systems
- Lever Shift: Gear shifting lever for passenger car transmission systems
- Oil Filter: Assembly part of the oil filtration system for passenger cars
- Ace Brake Drum: Rear brake drum for light commercial vehicle braking systems
As of March 31, 2025, the company employs 121 permanent employees, contributing to its continued growth and operational excellence.
KVS Castings IPO Promoters
- Mr. Arpan Jindal
- Mr. Devendra Kumar Agarwal
- Ms. Rekha Agarwal
- Ms. Venu Jindal
- M/s Kumaun Garhwal Infrastructural Industrial Corporation Private Limited
Promoters Holding
Holding Pre Issue
96.55%
Holding Post Issue
70.96%
KVS Castings IPO Objective
The Company KVS Castings IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Capital Expenditures
- General Corporate Purposes
KVS Castings Limited Address / Contact Details
KVS Castings Ltd.
B-25, 29,
Industrial Estate Bazpur Road,
Udham Singh Nagar,
Kashipur, Uttarakhand, 244713
Phone: + 91 7535910007
Email: cs.kcpl@kvspremier.com
Website: https://kvscastings.com/
IPO Snapshot
KVS Castings IPO Lot Size
The KVS Castings IPO has a lot size of 2,000 shares. Retail investors require a minimum investment of ₹2,24,000 by applying for 2 lot (4,000 shares). The maximum application allowed for the retail category is 2 lots (4,000 shares), requiring an investment of ₹2,24,000.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 4,000 | 224,000.00 |
| Retail (Max) | 2 | 4,000 | 224,000.00 |
| S-HNI (Min) | 3 | 6,000 | 336,000.00 |
| S-HNI (Max) | 8 | 16,000 | 896,000.00 |
| B-HNI (Min) | 9 | 18,000 | 1,008,000.00 |
Issue Reservation
- Market Maker — 5.11%
- QIB — 0%
- NII — 14.25%
- RII — 33.32%
Book Running Lead Managers
- Narnolia Financial Services
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the KVS Castings IPO?
KVS Castings IPO is a Book-building IPO with a total issue size of ₹28 crore. The KVS Castings IPO price band is ₹53 to 56 per share. The KVS Castings IPO subscription opens on Fri, Sep 26, 2025, and closes on Tue, Sep 30, 2025. The KVS Castings IPO will be listed on the BSE. Skyline Financial Services Private Ltd is the registrar for the KVS Castings IPO.
When will the KVS Castings IPO open for subscription?
The KVS Castings IPO opens on Fri, Sep 26, 2025 and closes on Tue, Sep 30, 2025
What is KVS Castings IPO Price Band?
KVS Castings IPO Price Band is ₹53 to 56 per share.
What is KVS Castings IPO Lot Size?
KVS Castings IPO lot size is 2000 shares, Retail investors need a minimum investment of ₹224000 based on the upper price band
What is the minimum investment for KVS Castings IPO?
The minimum investment for KVS Castings IPO is ₹224000, based on one lot of 2000 shares at the upper price band of ₹56 per share.
How to apply for KVS Castings IPO?
Investors can apply for the KVS Castings IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Tue, Sep 30, 2025. The application amount remains blocked until the KVS Castings IPO allotment is finalized.
What is KVS Castings IPO Issue Size?
KVS Castings IPO issue size is ₹28 crores.
What is the KVS Castings IPO Allotment Date?
KVS Castings IPO allotment date is Wed, Oct 1, 2025.
Who is the KVS Castings IPO Registrar?
The registrar for KVS Castings IPO is Skyline Financial Services Private Ltd. Investors can go to Skyline Financial Services Private Ltd website to check KVS Castings IPO allotment status, refund processing, and other IPO-related information.
What is the KVS Castings IPO GMP?
The KVS Castings IPO GMP (Grey Market Premium) is ₹3 as of Mon, Oct 6, 2025. Based on the upper price band of ₹56 per share, the estimated KVS Castings IPO listing price is ₹59, indicating a potential listing gain of approximately 5.36% over the issue price.
Who is the KVS Castings IPO Lead Manager?
The book-running lead managers (BRLMs) for the KVS Castings IPO are Narnolia Financial Services. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the KVS Castings IPO Red Herring Prospectus (RHP).