KVS Castings Ltd. IPO is a Book Build Issue
The equity shares are proposed to be listed on the BSE SME. Narnolia Financial Services Ltd. is the book running lead manager and Skyline Financial Services Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to KVS Castings IPO DRHP for more details.
IPO Date | [.] |
Listing Date | [.] |
Face Value | ₹10 per share |
Issue Price Band | [.] to [.] per share |
Lot Size | |
Sale Type | Fresh Capital |
Reserved for Market Maker | 2,76,800 shares (aggregating up to ₹[.] Cr) |
Net Offered to Public | 49,69,600 shares (aggregating up to ₹[.] Cr) |
Issue Type | Bookbuilding IPO |
Listing At | BSE SME |
Share Holding Pre Issue | 1,37,83,324 shares |
Investor Category | Shares Offered |
---|---|
QIB Shares Offered | Not more than 50% of the Net Issue |
Retail Shares Offered | Not less than 35% of the Net Issue |
NII Shares Offered | Not less than 15% of the Net Issue |
Description | Date |
---|---|
Filed with SEBI/Exchange | Wed, Nov 27, 2024 |
SEBI/Exchange approval received | Mon, May 5, 2025 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 2005, KVS Castings Limited is engaged in the manufacturing of cast iron, SG iron, alloy steel, and stainless steel castings.
The company specialises in producing components for the automobile, locomotive, and engineering sectors, emphasising innovation and adherence to quality standards.
The company offers a complete casting solution with over 150 products, including suspension brackets, brake drums, gearbox housing, pump bodies, oil filters, and more, made from cast iron to stainless steel.
Product Portfolio:
As of November 10, 2024, the Company has employed 126 permanent employees.
Competitive Strength:
Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
Assets | 35.7 | 31.35 | 32.01 | 25.73 |
Total Income | 13.42 | 54.7 | 57.61 | 46.52 |
Profit After Tax | 1.61 | 5.99 | 4.84 | 1.21 |
Net Worth | 27.43 | 25.82 | 19.83 | 15 |
Reserves and Surplus | 14.13 | 25.5 | 19.51 | 14.67 |
Total Borrowing | 0.53 | 0.58 | 4.98 | 3.79 |
Amount in ₹ Crore |
KPI | Values |
---|---|
ROE | 23.19% |
ROCE | 32.95% |
Debt/Equity | 0.02 |
RoNW | 23.19% |
PAT Margin | 11.06% |
The Company KVS Castings IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
S.No. | Objects of the Issue | Expected Amount (in Millions) |
---|---|---|
1 | Capital Expenditures | 260 |
2 | General Corporate Purposes |
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/
Skyline Financial Services Pvt.Ltd.
Phone: 02228511022
Email: compliances@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
KVS Castings IPO is a SME IPO of 0 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at . The minimum order quantity is .
The KVS Castings IPO open and close dates are not available as of now.
Skyline Financial Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in KVS Castings IPO using UPI as a payment gateway. Zerodha customers can apply in KVS Castings IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in KVS Castings IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The KVS Castings IPO dates are not announced. Please check back again after some time.
KVS Castings IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in KVS Castings IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for KVS Castings IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the KVS Castings IPO allotment status.
The KVS Castings IPO listing date is not yet announced. The tentative date of KVS Castings IPO listing is [.].
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