KVS Castings Limited is a diversified manufacturer of ferrous and non-ferrous castings, specializing in Cast Iron, SG Iron, Alloy Steel, and Stainless Steel. With a strong focus on innovation, quality, and sustainability, the company caters to critical industries such as automobiles, locomotives, engineering, railways, and heavy machinery.
The company provides end-to-end casting solutions with a wide portfolio of 150+ products ranging from suspension brackets, brake drums, and gearbox housings to pump bodies, oil filters, and other precision-engineered parts.
🏭 Product Portfolio Highlights:
- Gear Shifter – Gear transmission component for two-wheelers
- Compressor Front Housing – Cover housing for passenger car air-conditioning system
- Leaver Shift – Gear shifting lever for passenger car transmission systems
- Oil Filter – Assembly part for passenger car oil filtration system
- Ace Brake Drum – Rear brake drum for light commercial vehicle braking systems
✅ With IATF 16949:2016 and ISO 9001:2015 certifications, along with RDSO approval, KVS Castings has positioned itself as a reliable partner for OEMs and industrial clients, delivering products that meet global standards.
As of March 31, 2025, KVS Castings employed 121 permanent employees, reflecting its scale and structured operations.
KVS Castings IPO – Details
| IPO Opening Date | 26 September 2025 |
| IPO Closing Date | 30 September 2025 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue: 49,70,000 Shares Worth ₹27.83 Crore Fresh Issue: 49,70,000 Shares Worth ₹27.83 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹53 to ₹56 per share |
| Market Lot | 2,000 Shares |
| Min Order | 2,000 Shares [ 1 Lot ] |
| Listing At | BSE SME |
| Registrar | Skyline Financial Services Pvt.Ltd. |
| QIB Shares Offered | 50% |
| NII Shares Offered | 15% |
| Retail Shares Offered | 35% |
KVS Castings IPO – Date Schedule
| IPO Open Date | 26 September 2025 |
| IPO Close Date | 30 September 2025 |
| Basis of Allotment | 01 October 2025 |
| Initiation of Refund | 03 October 2025 |
| Credit of Shares to Demat | 03 October 2025 |
| IPO Listing Date | 06 October 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 30, 2025 |
KVS Castings IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 4,000 | ₹2,24,000 |
| 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 |
Competitive Strengths
- Diversified Customer Base.
- Diversified Product Portfolio.
- Strategic Location.
- In-House Tool and Pattern Making Facilities.
- Dedicated and Experienced Workforce.
Company Promoters
- Mr. Arpan Jindal
- Mr. Devendra Kumar Agarwal
- Ms. Rekha Agarwal
- Ms. Venu Jindal
- M/s Kumaun Garhwal Infrastructural Industrial Corporation Private Limited
Company Financials (Standalone)
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowings |
|---|---|---|---|---|
| 31 March 2023 | ₹57.51 Cr | ₹51.17 Cr | ₹4.84 Cr | ₹4.98 Cr |
| 31 March 2024 | ₹54.70 Cr | ₹46.74 Cr | ₹5.95 Cr | ₹0.58 Cr |
| 31 March 2025 | ₹50.43 Cr | ₹41.51 Cr | ₹6.63 Cr | ₹3.72 Cr |
Key Performance Indicator
| 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 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 4.81 | 3.53 |
| P/E (x) | 11.65 | 15.85 |
Object Of The Issue
| Objects of the Issue | Expected Amount (in Crore) |
|---|---|
| Capital Expenditures. | ₹21.50 Cr |
| General Corporate Purposes | – |
✅Strengths
- Diversified customer base across auto, railways & machinery.
- 150+ product portfolio with end-to-end casting solutions.
- Certified by IATF, ISO & RDSO ensuring quality.
- Experienced promoters with strong industry know-how.
⚠️Risks
- Revenue depends on few key customers.
- Raw material price volatility may hit margins.
- Intense industry competition.
- High reliance on auto sector demand.
KVS Castings IPO Promoter Holding
| Pre Issue Share Holding | 96.55% |
| Post Issue Share Holding | 70.96% |
KVS Castings IPO Prospectus
Company Contact Information
| 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/ |
KVS Castings IPO Registrar
| Skyline Financial Services Pvt.Ltd. Phone: 02228511022 Email: compliances@skylinerta.com Website: https://www.skylinerta.com/ipo.php |
KVS Castings IPO Lead Manager(s)
| 1. Narnolia Financial Services Ltd. |
KVS Castings IPO FAQ
| What is KVS Castings IPO? KVS Castings IPO is an SME IPO. The issue is priced at ₹53 – ₹56 per equity share. The IPO is to be listed on BSE SME. |
| When KVS Castings IPO will open? The IPO is to open on 26 September 2025 for QIB, NII, and Retail Investors. |
| What is KVS Castings IPO Investors Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| What is the KVS Castings IPO Size? KVS Castings IPO size is ₹27.83 Crore. |
| What is KVS Castings IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 4000 Shares with ₹2,24,000 amount, while the maximum bid is 4000 Shares with ₹2,24,000. |
| What is the KVS Castings IPO Allotment Date? KVS Castings IPO allotment date is 01 October 2025. |
| What is the KVS Castings IPO Listing Date? KVS Castings IPO listing date is 06 October 2025. The IPO is to be listed on the BSE SME. |
