KVS Castings Ltd IPO
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KVS Castings Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| ₹ 49.7 L | TBA | TBA | ₹ 133.07 L | BSE | ₹ 27.83 Cr |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 26 Sep, 25 | 30 Sep, 25 | 4000 | ₹ 2,12,000 | Book Building - SME | 06 Oct, 25 |
KVS Castings Ltd IPO Dates
Details
| Sector | Type |
|---|---|
| Sector | Castings & Forgings |
| Sub Sector | NA |
| Issue Type | Book Building - SME |
Subscription Status
*Values are in Lakhs
| Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
|---|---|---|---|
| QIB | 0x | 0 | 0 |
| NII | 0x | 0 | 0 |
| Retail | 0x | 0 | 0 |
| Employee | 0x | 0 | 0 |
| Total | 0x | 4970000 | 0 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
KVS Castings Ltd Financial Status
Income Statement
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 8.68 | 7.12 | 2.26 |
| EBITDA | 9.40 | 7.80 | 2.87 |
| PAT | 5.99 | 4.84 | 1.21 |
| Total Assets | 19.99 | 20.98 | 17.64 |
| Share Capital | 0.32 | 0.32 | 0.32 |
| Total Borrowings | 4.79 | 4.78 | 2.66 |
| Operating Activities (Net Cash) | 6.71 | 5.52 | 1.82 |
| Investing Activities (Net Cash) | 1.75 | 1.76 | 0.18 |
| Financing Activities (Net Cash) | 4.79 | 4.78 | 2.66 |
| Net Cashflow | 4.44 | 4.55 | 3.80 |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
About KVS Castings Ltd
Our Company was originally formed as a Partnership Firm under the Partnership Act, 1932 (Partnership Act) in the name and style of Kashi Enterprises pursuant to Deed of Partnership dated August 20, 2005. Further, Kashi Enterprises was thereafter converted from Partnership Firm to a Private Limited Company under Part I chapter XXI of the Companies Act, 2013 with the name and style of KVS Castings Private Limited and received a Certificate of Incorporation bearing CIN U27100UR2019PTC012217 from the Registrar of Companies, Delhi dated June 10, 2019. Subsequently, pursuant to a special resolution passed by the Shareholders at their Extra Ordinary General Meeting held on July 02, 2024, our Company was converted from a Private Limited Company to Public Limited Company and consequently, the name of our Company was changed to KVS Castings Limited and a Fresh Certificate of Incorporation pursuant to Conversion was issued on September 09, 2024 by the Registrar of Companies, Central Processing Center. As on the date of this Red Herring Prospectus, the Corporate Identity Number of our Company is U27100UR2019PLC012217.
The iron casting market, valued at USD 151.77 billion in 2024, is forecasted to grow consistently, reaching USD 161.78 billion in 2025 and ultimately achieving USD 269.7 billion by 2033, at a steady CAGR of 6.6%. Iron casting is a manufacturing system wherein molten iron is poured into molds to create numerous additives with specific shapes and properties. This system is broadly used throughout more than one industries due to the fabric's energy, sturdiness, and value-effectiveness.
As the Foundry Division of the KVS Premier Group, Our Company specializes in quality ferrous castings. Our Company is involved in the manufacturing and production of Cast Iron and Ductile Iron castings. We deliver comprehensive casting solutions tailored to meet our customers' needs. From cast iron to stainless steel, we offer a total casting solution under one roof, with a portfolio of more than 150 products, including Suspension Brackets, Brake Drums, Gear Box Housing, Pump Body, Oil Filters and more.
Peer Comparison:
- Universal Autofoundry Ltd
- Thaai Casting Ltd
KVS Castings Ltd IPO Key Points
Strengths
- Timely and safe deliveries.
- In-house manufacturing Facilities.
- Experienced management team and a motivated and efficient work force.
- Cordial relations with our clients.
Risk
- We are majorly dependent on the performance of the Automobile Sector in India. Any adverse changes in the conditions affecting these markets can adversely impact on our business, results of operations and financial condition.
- We are majorly dependent on the Auto Component products, any decline in the demand for these products can affect our revenue and result of operations.
- There are outstanding legal proceedings involving our Company, Promoters and Group Company. Any adverse decision in such proceedings may have a material adverse effect on our business, results of operations and financial condition.
Strategy
- Enhancing Production Capacity and Automation with purchase of new plant and machineries.
- Advancing Casting and Manufacturing Processes with Technological Integration.
- Expanding and Strengthening OEM Partnerships for Future Growth.
- Broadening Casting Solutions and Services through Product Portfolio Diversification.
- Timely and safe deliveries.
- In-house manufacturing Facilities.
- Experienced management team and a motivated and efficient work force.
- Cordial relations with our clients.
How To Apply for KVS Castings Ltd IPO Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
Step 2:
From the list of open IPOs, select the IPO you want to invest.
Step 3:
Go through the IPO details like lot size, price band, about the company, etc.
Step 4:
Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.
Step 5:
Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.
