The KVS Castings IPO is scheduled to open for subscription on September 26, 2025, and will close on September 30, 2025. The allotment will be finalized on October 1, 2025, and the shares are expected to list on the BSE and SME on October 6, 2025. This SME IPO is attracting investors due to the company’s strong financial growth and an attractive price band of ₹140 Per Share.
Here’s a complete guide covering IPO details, dates, promoters, financials, strengths, risks, and how to apply.
KVS Castings IPO Details
| Particulars | Details |
| IPO Open Date | 26/09/2025 |
| IPO Close Date | 30/09/2025 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹53 to ₹56 Per Share |
| Issue Size | Approx ₹27.83 Crores |
| Fresh Issue | Approx ₹27.83 Crores |
| Issue Type | Book Built Issue |
| IPO Listing | BSE, SME |
| RHP Draft Prospectus | Download |
| DRHP Draft Prospectus | Download |
KVS Castings IPO Market Lot
The minimum market lot for KVS Castings IPO is 4000 shares, with a total application amount of ₹2,24,000.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 4,000 | ₹2,24,000 |
| Retail Maximum | 2 | 4,000 | ₹2,24,000 |
| S-HNI Minimum | 3 | 6,000 | ₹3,36,000 |
| S-HNI Maximum | 8 | 16,000 | ₹8,96,000 |
| B-HNI Minimum | 9 | 18,000 | ₹10,08,000 |
KVS Castings IPO Reservation
| Investor Category | Share Offered | -% Shares |
| Market Maker Shares Offered | 2,54,000 Shares | 5.11% |
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | 23,52,000 Shares | 50% |
| NII Shares Offered | 7,08,000 Shares | 14.25% |
| Retail Shares Offered | 16,56,000 Shares | 33.32% |
KVS Castings IPO Timeline
The KVS Castings IPO opens on September 26, 2025, and closes on September 30, 2025. The allotment will be finalized on October 1, 2025, with the shares list on October 6, 2025.
| Event | Date |
| IPO Open Date | September 26, 2025 |
| IPO Close Date | September 30, 2025 |
| Basis of Allotment | October 1, 2025 |
| Refunds Initiation | October 3, 2025 |
| Credit to Demat Account | October 3, 2025 |
| IPO Listing Date | October 6, 2025 |
| IPO Bidding Cut-off Time | September 30, 2025 – 5:00 PM |
Promaters and Holding Pattern
The promoters of KVS Castings are Mr. Arpan Jindal, Mr. Devendra Kumar Agarwal, Ms. Rekha Agarwal, Ms. Venu Jindal, and M/s Kumaun Garhwal Infrastructural Industrial Corporation Private Limited.
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 1,37,83,324 | 96.55% |
| Promoter Holding Post Issue | 1,87,53,324 | 70.96% |
Objects of the Issue & Utilisation of proceeds
| Purpose | Crores |
| Capital Expenditures | 21.50 |
| General Corporate Purpose | – |
Company Financial
Amount ₹ in Crores
| Period Ended | March-2025 | March-2024 | March-2023 |
| Assets | 47.75 | 31.35 | 32.01 |
| Revenue | 50.43 | 54.70 | 57.61 |
| Net Worth | 34.45 | 25.79 | 19.83 |
| profit After Tax | 6.63 | 5.95 | -1.60 |
| Reserves And Surpluse | 20.67 | 19.02 | 13.07 |
| Total Borrowing | 3.72 | 0.58 | 4.98 |
KVS Castings IPO Valuation
Check KVS Castings IPO valuation details, including Price/Earnings P/E Ratio, Earnings Per Share (EPS), Return on Net Worth (RoNW), and Net Asset Value (NAV).
| KPI | March-2025 | March-2024 | March-2023 |
| EPS | 4.81 | 4.47 | 3.64 |
| ROE | 22.00 | 26.09 | 27.78 |
| ROCE | 23.78 | 31.64 | 30.66 |
| RONW | 0 | 0 | 0 |
| PRE IPO(PE) | 11.65 | 0 | 0 |
| POST IPO(PE) | 15.85 | 0 | 0 |
About company
KVS Castings Limited, incorporated in 2005, is the Foundry Division of the KVS Premier Group. The company specializes in the manufacturing of high-quality ferrous castings, including Cast Iron and Ductile Iron components.
Key Business Highlights:
- Product Portfolio: KVS Castings produces over 150 diverse products, such as Suspension Brackets, Brake Drums, Gear Box Housings, and Pump Bodies.
- Industry Focus: It serves critical sectors like Automotive, Railways, Defence, and Heavy Machinery. The automotive sector is its largest contributor, accounting for approximately 80% of its revenue.
- Competitive Strengths: The company highlights its long-standing relationships with Original Equipment Manufacturers (OEMs) and Tier-1 clients, a comprehensive product portfolio, and advanced in-house tooling capabilities.
KVS Castings IPO Strenght Factors
- Strong Customer Base: Long-standing, cordial relationships with major OEMs (Original Equipment Manufacturers) and Tier-1 clients across the automotive, railway, and heavy machinery sectors.
- Diverse Product Portfolio: Manufactures a comprehensive range of over 150 casting products (including brake drums, gearbox housings, etc.), catering to varied industrial requirements.
- Advanced In-House Capabilities: Possesses in-house tooling and machining facilities (like CNC/VMC machines) and advanced sand plant facilities, ensuring high quality, faster production, and cost efficiency.
- Strategic Location: Its manufacturing unit is strategically located in Kashipur, close to key automotive hubs, which aids in optimizing the supply chain and distribution.
KVS Castings IPO Risk Factors
- Automotive Dependency: The company is highly reliant on the automobile sector, which generates approximately 80% of its revenue. A slowdown or change in this sector can significantly hurt the business.
- Customer Concentration: A very large part of the revenue comes from its Top 10 Customers (around 84%). Losing any major client could substantially impact financials.
- Raw Material Price Risk: Profitability is vulnerable to volatile prices of raw materials like scrap and pig iron, as it may be difficult to pass on these increased costs to customers.
- High Power Consumption: The manufacturing process is energy-intensive, making the company susceptible to power supply disruptions and increases in electricity tariffs.
- Lease Dependency: Some operational facilities are on lease/rental agreements. Failure to renew these or unfavorable terms could interrupt operations.
Lead Manager
- Narnolia Financial Services Ltd.
Company Details
- Name:- KVS Castings
- Email:- cs.kcpl@kvspremier.com
- Phone:- +91 7535910007
- Website:- https://kvscastings.com/
- Address:- B-25, 29, Industrial Estate Bazpur Road, Udham Singh Nagar, Kashipur, Uttarakhand, 244713
IPO Registrar
- Name:- Skyline Financial Services Private Ltd.
- Email:- compliances@skylinerta.com
- Phone:- 02228511022
- Website:- https://www.skylinerta.com/ipo.php
Disclemer
IPO Sevak (iposevak.com) is not a SEBI-registered advisor. This content is for informational purposes only and should not be considered as investment advice. Please consult a licensed financial advisor before investing.
FAQs
1. When does the KVS Castings IPO open and close?
Ans:- The IPO opens on September 26, 2025, and closes on September 30, 2025.
2. What is the price band for the KVS Castings IPO?
Ans:- The price band is ₹53-56 Per Share.
3. What is the minimum lot size and investment amount?
Ans:- The minimum market lot is 4000 shares, requiring an investment of ₹2,24,000.
4. Who are the promoters of the KVS Castings?
Ans:- The promoters are Mr. Arpan Jindal, Mr. Devendra Kumar Agarwal, Ms. Rekha Agarwal, Ms. Venu Jindal and M/s Kumaun Garhwal Infrastructural Industrial Corporation Private Limited.
5. When will the allotment be finalized?
Ans:- The allotment will be finalized on October 1, 2025.
6. When will the KVS Castings IPO list on the stock exchange?
Ans:- The shares are expected to list on the BSE, SME on October 6, 2025.