KVS Castings
Listed
Listed
IPO Timeline
Issue open date
26 Sep 2025Issue close date
30 Sep 2025UPI mandate deadline
30 Sep 2025Allotment finalization
1 Oct 2025Refund initiation
3 Oct 2025Share credit
3 Oct 2025Listing date
6 Oct 2025Mandate end date
15 Oct 2025Lock-in end date for anchor investors (50%)
31 Oct 2025Lock-in end date for anchor investors (remaining)
30 Dec 2025Grey Market Premium Trend
₹3
Current GMP
₹59
Est. Listing Price
5.4%
Est. Listing Gain
₹53 - ₹56
Price Band
GMP History
| Date | GMP (₹) | Est. Listing Price (₹) | Est. Listing Gain |
|---|---|---|---|
| 5 Oct | ₹3 | ₹59 | 5.36% |
| 4 Oct | ₹5 | ₹61 | 8.93% |
| 3 Oct | ₹0 | ₹56 | 0.00% |
| 2 Oct | ₹0 | ₹56 | 0.00% |
| 1 Oct | ₹0 | ₹56 | 0.00% |
| 30 Sep | ₹0 | ₹56 | 0.00% |
| 29 Sep | ₹0 | ₹56 | 0.00% |
| 28 Sep | ₹3 | ₹59 | 5.36% |
| 27 Sep | ₹5 | ₹61 | 8.93% |
| 26 Sep | ₹3 | ₹59 | 5.36% |
| 25 Sep | ₹0 | ₹56 | 0.00% |
| 24 Sep | ₹0 | ₹56 | 0.00% |
| 23 Sep | ₹0 | ₹56 | 0.00% |
| 22 Sep | ₹0 | ₹56 | 0.00% |
Key Dates
Open
26 Sep 2025Close
30 Sep 2025Listing
6 Oct 2025Quick Stats
Issue Size:27cr
Lot Size:2000 shares
About the Company
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.
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
KVS Castings IPO – Frequently Asked Questions
- The price band for the KVS Castings IPO is set at ₹53 to ₹56 per share.
- The KVS Castings IPO opens on September 26, 2025 and closes on September 30, 2025.
- The tentative listing date for the KVS Castings IPO is October 6, 2025.
- You can apply for the KVS Castings IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose KVS Castings, enter lot quantity and UPI ID, then approve the mandate.
- The lot size for the KVS Castings IPO is 2000 shares. Investors must apply for at least one lot (i.e., 2000 shares).