KVS Castings IPO

Incorporated in 2005, KVS Castings Limited manufactures cast iron, SG iron, alloy steel, and stainless steel castings, catering to the automobile, locomotive, and engineering sectors. The company focuses on innovation and strict quality standards, offering over 150 products including suspension brackets, brake drums, gearbox housings, pump bodies, and oil filters. Its diverse portfolio includes gear shifters for two-wheelers, compressor front housings for passenger car AC systems, lever shifts for gear transmission, oil filter assemblies, and Ace brake drums for light commercial vehicles, providing complete casting solutions from cast iron to stainless steel.

KVS Castings Ltd Overview

KVS Castings IPO is a book-built issue worth ₹27.83 crores, consisting entirely of a fresh issue of 0.50 crore shares. The IPO opens for subscription on 26 September 2025 and closes on 30 September 2025, with allotment expected on 1 October 2025. It is set to list on BSE SME tentatively on 6 October 2025. The price band is ₹53 to ₹56 per share, with a lot size of 2,000 shares. Retail investors must invest a minimum of ₹2,24,000, while HNI investors require at least 3 lots (6,000 shares) amounting to ₹3,36,000. Narnolia Financial Services Ltd. acts as the book running lead manager, Skyline Financial Services Pvt. Ltd. as the registrar, and Prabhat Financial Services Ltd. as the market maker.

KVS Castings Limited IPO Details

Particulars	Details
IPO Date	26 Sep 2025 to 30 Sep 2025
Listing Date	6 Oct 2025
Face Value	₹10 per share
Issue Price Band	₹53 to ₹56 per share
Lot Size	2,000 Shares
Total Issue Size	49,70,000 shares (aggregating up to ₹27.83 Cr)
Fresh Issue	49,70,000 shares (aggregating up to ₹27.83 Cr)
Offer for Sale	NA
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
Market Maker Portion	2,54,000 shares

KVS Castings IPO Reservation

Investor Category	Shares Offered
Market Maker	2,54,000 (5.11%)
QIB	23,52,000
NII (HNI)	7,08,000 (14.25%)
Retail	16,56,000 (33.32%)

KVS Castings IPO Lot Size

Application	Lots	Shares	Amount
Retail (Min)	2	4,000	₹2,24,000
Retail (Max)	2	4,000	₹2,24,000
HNI (Min)	3	6,000	₹3,36,000
HNI (Max)	8	16,000	₹8,96,000
B-HNI (Min)	9	18,000	₹10,08,000

KVS Castings IPO Promoter Holding

Shareholding Status	Percentage
Pre-Issue	96.55%
Post-Issue	70.96%

KVS Castings IPO Valuation Overview

KPI	Value
EPS	4.50
Price/Earnings (P/E) Ratio	15.85 (Post IPO)
Return on Net Worth (RoNW)	19.37%
Net Asset Value (NAV)	24.99
Return on Equity	19.37%
Return on Capital Employed (ROCE)	26.30%
EBITDA Margin	19.65%
PAT Margin	13.32%
Debt to Equity Ratio	0.11

Objectives of the Proceeds

• Fund capital expenditure for manufacturing expansion (₹21.50 Cr).

• Strengthen general corporate purposes and operational funding.

Key Financials (in ₹ Crore)

Particulars	31 Mar 2025	31 Mar 2024	31 Mar 2023
Assets	47.75	31.35	32.01
Revenue	50.43	54.70	57.61
Profit After Tax	6.63	5.95	-1.60
Reserves & Surplus	20.67	19.02	13.07
Total Borrowings	3.72	0.58	4.98