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KVS Castings Ltd. IPO is a book build issue of ₹27.83 crores. The issue is entirely a fresh issue of 0.50 crore shares of ₹27.83 crore.
KVS Castings IPO bidding started from Sep 26, 2025 and ended on Sep 30, 2025. The allotment for KVS Castings IPO was finalized on Oct 1, 2025. The shares got listed on BSE SME on Oct 6, 2025.
KVS Castings IPO price band is set at ₹56.00 per share . The lot size for an application is 2,000. The minimum amount of investment required by an individual investor (retail) is ₹2,24,000.00 (4,000 shares) (based on upper price). The minimum lot size investment for HNI is 3 lots (6,000 shares), amounting to ₹3,36,000.
Narnolia Financial Services Ltd. is the book running lead manager and Skyline Financial Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Prabhat Financial Services Ltd..
Refer to KVS Castings IPO RHP for detailed Information.
| IPO Date | September 26, 2025 to September 30, 2025 |
| Listing Date | October 6, 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹53 to ₹56 per share |
| Issue Price Final | ₹56 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 49,70,000 shares (aggregating up to ₹27.83 Cr) |
| Reserved for Market Maker | 2,54,000 shares Prabhat Financial Services Ltd. (aggregating up to ₹1.42 Cr) |
| Net Offered to Public | 47,16,000 shares (aggregating up to ₹26.41 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 1,37,83,324 shares |
| Share Holding Post Issue | 1,87,53,324 shares |
KVS Castings IPO offers total 49,70,000 shares. Out of which 23,52,000 (47.32%) allocated to QIB, 9,42,000 (18.95%) allocated to QIB (Ex- Anchor), 7,08,000 (14.25%) allocated to NII 16,56,000 (33.32%) allocated to RII and 14,10,000 (28.37%) allocated to Anchor investors.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 2,54,000 (5.11%) |
| QIB Shares Offered | 23,52,000 (47.32%) |
| − Anchor Investor Shares Offered | 14,10,000 (28.37%) |
| − QIB (Ex. Anchor) Shares Offered | 9,42,000 (18.95%) |
| NII (HNI) Shares Offered | 7,08,000 (14.25%) |
| − bNII > ₹10L | 4,74,000 (9.54%) |
| − sNII < ₹10L | 2,34,000 (4.71%) |
| Retail Shares Offered | 16,56,000 (33.32%) |
| Total Shares Offered | 49,70,000 (100.00%) |
KVS Castings IPO raises ₹7.90 crore from anchor investors. KVS Castings IPO Anchor bid date is September 25, 2025. KVS Castings IPO Anchor Investors list
| Bid Date | September 25, 2025 |
| Shares Offered | 14,10,000 |
| Anchor Portion Size (In Cr.) | 7.90 |
| Anchor lock-in period end date for 50% shares (30 Days) | November 5, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | January 4, 2026 |
KVS Castings IPO opens on September 26, 2025, and closes on September 30, 2025.
| IPO Open Date | Fri, Sep 26, 2025 |
| IPO Close Date | Tue, Sep 30, 2025 |
| Tentative Allotment | Wed, Oct 1, 2025 |
| Initiation of Refunds | Fri, Oct 3, 2025 |
| Credit of Shares to Demat | Fri, Oct 3, 2025 |
| Tentative Listing Date | Mon, Oct 6, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Tue, Sep 30, 2025 |
Investors can bid for a minimum of 4,000 shares and in multiples of 2,000 shares thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 4,000 | ₹2,24,000 |
| Individual investors (Retail) (Max) | 2 | 4,000 | ₹2,24,000 |
| S-HNI (Min) | 3 | 6,000 | ₹3,36,000 |
| S-HNI (Max) | 8 | 16,000 | ₹8,96,000 |
| B-HNI (Min) | 9 | 18,000 | ₹10,08,000 |
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 March 31, 2025, the Company has employed 121 permanent employees.
Competitive Strength:
KVS Castings Ltd.'s revenue decreased by 8% and profit after tax (PAT) rose by 11% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 47.75 | 31.35 | 32.01 |
| Total Income | 50.43 | 54.70 | 57.51 |
| Profit After Tax | 6.63 | 5.95 | 4.84 |
| EBITDA | 9.84 | 9.00 | 7.51 |
| NET Worth | 34.45 | 25.79 | 19.83 |
| Reserves and Surplus | 20.67 | 25.46 | 19.51 |
| Total Borrowing | 3.72 | 0.58 | 4.98 |
| Amount in ₹ Crore | |||
KPI as of Mon, Mar 31, 2025.
| KPI | Values |
|---|---|
| ROE | 22% |
| ROCE | 23.78% |
| Debt/Equity | 0.11 |
| RoNW | 22% |
| PAT Margin | 13.22% |
| EBITDA Margin | 19.65% |
| Price to Book Value | 2.89 |
| Market Capitalization | ₹105.02 Cr. |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 4.81 | 3.53 |
| P/E (x) | 11.65 | 15.85 |
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 crores) |
|---|---|---|
| 1 | Capital Expenditures | 21.50 |
| 2 | General Corporate Purposes | 2.71 |
[Dilip Davda] KCL belongs to KVS Premier group and engaged in quality ferrous castings. It delivers comprehensive castings solutions tailor-made to meet specific customers’ requirements. While it posted declining top lines for the reported periods, its bottom line marked improvement. The company is operating in a highly competitive and fragmented segment. Based on its recent financial data, the issue appears fully priced. Well-informed investors may park moderate funds for medium term. Read detail review...
| Listing Date | October 6, 2025 |
| BSE Script Code | 544554 |
| NSE Symbol | |
| ISIN | INE163701019 |
| Final Issue Price | ₹56 per share |
| BSE Listing Group | MT (Trade to Trade) |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹56.00 |
| Open | ₹66.30 |
| Low | ₹66.30 |
| High | ₹69.61 |
| Last Trade | ₹69.61 |
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 49,70,000 equity shares of the face value of ₹10 aggregating up to ₹27.83 Crores. The issue is priced at ₹56 per share. The minimum order quantity is 2000.
The IPO opens on September 26, 2025, and closes on September 30, 2025.
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 opens on September 26, 2025 and closes on September 30, 2025.
KVS Castings IPO lot size is 2000, and the minimum amount required for application is ₹2,24,000, with 2 lots being the minimum application size.
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 Wednesday, October 1, 2025, and the allotted shares will be credited to your demat account by Friday, October 3, 2025. Check the KVS Castings IPO allotment status.
The KVS Castings IPO listing date is on Monday, October 6, 2025.
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