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KVS Castings Ltd

Castings, Forgings & FastnersIPOSME
₹56 - 56
₹56 - 56

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.

Lot2,000Min Invest₹2,24,000Face Value₹10Issue Size₹28 CrFresh Issue₹28 CrListing Price₹66CMP₹70

Timeline

26 Sept
Bidding opens
30 Sept
Bidding closes
1 Oct
Allotment
3 Oct
Refund & demat credit
6 Oct
Listing

Subscription

Subscription opens once dates are announced

Reports

Offer Details

Terms

Issue Size₹28 Cr0.50 Cr shares
Fresh Issue₹28 Cr
Face Value₹10
Lot Size2,000 shares
ReservationQIB 49.87% · NII 15.01% · RETAIL 35.12%

Application Sizes

Retail₹2,24,0001-1 lots
sNII₹2,24,000from 2 lots
bNII₹10,08,000from 9 lots

Managers & Registrar

Lead ManagerNarnolia Financial Services Ltd
RegistrarSkyline Financial Services Pvt

Ownership & Proceeds

Shareholding

CategoryPre IPOPost IPOPromoter Group87.37%64.24%Public12.63%35.76%

Objects of the Issue

  1. Capital expenditure
  2. General corporate purposes

Financials

Profit & Loss

Financial YearFY22FY23FY24FY25FY26
RevenueCr4657545051
Operating ProfitCr378911
OPM%6.012.515.618.921.6
PBTCr268910
PATCr15677
EPS14454

Balance Sheet

Financial YearFY22FY23FY24FY25FY26
Equity CapitalCr0001419
ReservesCr1520252146
BorrowingsCr451425
Total AssetsCr26323148101

Cash Flow

Financial YearFY22FY23FY24FY25FY26
Operating Cash FlowCr335115
Investing Cash FlowCr0-3-1-19-47
Financing Cash FlowCr-21-5544
Net Cash FlowCr110-32

Strengths & Risks

Strengths · as stated in the DRHP
  • Timely and safe deliveries.
  • In-house manufacturing Facilities.
  • Experienced management team and a motivated and efficient work force.
  • Cordial relations with our clients.
Strategies · as stated in the DRHP
  • 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.
Risks · as stated in the DRHP
  • 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.
  • We had negative cash flow from investing and financing activities in the past and may continue to have negative cash flows in the future.
  • Our contingent liabilities as stated in our Restated Financial Statements could adversely affect our financial conditions.
  • We have significant power requirements for continuous running of our manufacturing units. Any disruption to our operations on account of interruption in power supply or any irregular or significant hike in power tariffs may have an effect on our business, results of operations and financial condition.
Show all 38 risks