KVS Castings IPO
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Schedule of KVS Castings
| Issue open date | 26 Sep 2025 |
| Issue close date | 30 Sep 2025 |
| UPI mandate deadline | 30 Sep 2025 (5 PM) |
| Allotment finalization | 01 Oct 2025 |
| Refund initiation | 03 Oct 2025 |
| Share credit | 03 Oct 2025 |
| Listing date | 06 Oct 2025 |
| Mandate end date | 15 Oct 2025 |
| Lock-in end date for anchor investors (50%) | 31 Oct 2025 |
| Lock-in end date for anchor investors (remaining) | 30 Dec 2025 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About KVS Castings
KVS Castings operates as the Foundry Division of the KVS Premier Group, specializing in quality ferrous castings manufacturing. The company produces Cast Iron and Ductile Iron castings with a portfolio of 150+ products including Suspension Brackets, Brake Drums, Gear Box Housing, Pump Bodies, and Oil Filters. Serving automobile (80% revenue), railway, heavy machinery, energy, infrastructure, and agricultural machinery sectors with IATF 16949:2016, ISO 9001:2015, and RDSO certifications.
Financials of KVS Castings
Issue size
| Funds Raised in the IPO | Amount |
| Overall | ₹27.83 crores |
| Fresh Issue | ₹27.83 crores |
Utilisation of proceeds
| Purpose | INR crores (%) |
| Capital expenditures | 21.50 (77.26%) |
| General corporate purposes | 6.33 (22.74%) |
Strengths
- Long-standing relationships with OEMs and Tier-1 clients across automotive, railways, tractors, and off-highway vehicles
- Comprehensive portfolio of 150+ casting products across various grades with production flexibility from 50 to 90000 parts per month
- Strategic manufacturing location in Kashipur near key automotive hubs ensuring reliable supply chain and distribution
- Advanced in-house tooling and machining capabilities with CAD/CAM/CAE facilities and CNC/VMC machines
Risks
- Major dependency on automobile sector contributing approximately 80% of revenue with limited diversification
- Significant power requirements for manufacturing operations with vulnerability to power supply disruptions and tariff hikes
- No owned properties for operations with dependency on lease agreements that could be terminated
- High concentration risk with top 10 customers contributing 84.36% of revenue in FY25
Allotment Status for KVS Castings
To check your allotment status – click here.
Subscription Figures for KVS Castings
As per media reports (Link), the Grey Market Premium (GMP) of KVS Castings is reported at ₹0 over the IPO price. This metric is not reliable, and to track IPO interest, it is better to check subscription numbers published by exchanges, which are considered more reliable indicators.
Subscription numbers as of 5:00 PM on September 26, 2025:
| Category | Reserved (lakhs) | Applied (lakhs) | Subscription (X times) |
|---|---|---|---|
| Institutional | 9.42 | 0 | 0.00x |
| NII | 7.08 | 0.82 | 0.12x |
| Retail | 16.56 | 0.92 | 0.06x |
| Total | 33.06 | 1.74 | 0.05x |