KVS Castings IPO Opens Today: ₹7.89 Crore Anchor Allocation Finalised

New Delhi, September 26, 2025 – KVS Castings Limited has launched the ₹27 crore SME IPO today, and the subscription window shall be open from today (September 26) and will close on September 30. 2025. The issue is priced in the range of ₹53-₹56 per share, and the listing is scheduled for October 6, 2025. The company has allotted shares worth ₹7.89 crore to the anchor investors (at the upper band for 14.10 lakh shares).

According to the prospectus, the company will utilise ₹21.50 crore (approximately 77.26% of the total proceeds) for capital expenditure, and the remaining amount is earmarked for general corporate purposes.

KVS Castings IPO Anchor Allocation

On September 25, 2025, KVS Castings allotted 14.1 lakh shares worth ₹7.90 crore to six anchor investors. Major participants included NAV Capital Emerging Star Fund (25.39%) and Aarth AI Growth Fund (23.55%). Other investors Longrive Capital, Vinly Growth, Silver Stride, and Smart Horizon- each secured 12.77%, reflecting balanced institutional confidence in KVS Castings IPO.

KVS Castings IPO Key Financials (FY23-FY25)

KVS Castings has demonstrated steady financial growth over the period of FY23–FY25. Revenue rose from ₹127.05 crore in FY23 to ₹176.89 crore in FY25, reflecting consistent topline expansion. EBITDA improved from ₹18.21 crore to ₹26.12 crore, with margins holding above 14%. PAT increased from ₹8.45 crore to ₹12.78 crore, driving PAT margin from 6.65% to 7.23%. Overall, the company demonstrates healthy growth and gradually improving profitability.

KVS Castings IPO Strengths of the Company

There are numerous strengths, as listed in the prospectus. First, it has a diverse product portfolio comprising over 150 cast iron and ductile iron products, serving the automotive, railway, energy, and heavy machinery sectors. The company has a strong automotive focus, with 80% of the revenue coming from automobile clients. Further, the company has various accreditations and international certifications. The client relationships are long and strong with established OEMs, ensuring recurring demand. The company is also planning for operational expansion in the near future.

KVS Castings IPO Risks Associated with the Issue

The company is heavily dependent on the automotive sector, and any slowdown in the sector can affect its core business. The raw materials used by the industry are subjected to cyclical volatility. The company is working capital-intensive and has high liquidity requirements. The company also suffers from geographical concentration (located in Uttarakhand).

KVS Castings Limited, a division of KVS Premier Group, is engaged in ferrous castings manufacturing with a focus on cast iron and ductile iron products. With over 150 SKUs, the company primarily caters to the automobile sector (accounting for 80% of revenue), as well as railways, heavy machinery, energy, and agriculture.

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