KVS Castings IPO subscribed 4.09 times on the last day. The retail quota was subscribed over 2.60 times, NII was subscribed over 5.02 times, and QIB was subscribed over 6.03 times, respectively.
Details About KVS Castings IPO
KVS Castings got approval from SEBI for an IPO of around ₹27.83 crores. KVS Castings IPO is a fresh issue of ₹27.83 crores with a face value of ₹10 each. Further, KVS Castings had a set price band between ₹53 to ₹56 per share.
In the KVS Castings IPO, 4000 shares were available in two lot sizes for the retail minimum and maximum categories. Moreover, 6,000 shares were in 3 lot sizes for the S-HNI Minimum category. 16,600 shares were in 8 lot sizes for S-HNI Maximum. Lastly, 18,000 shares were available in 9 lot sizes for B-HNI Minimum.
To invest in the KVS Castings IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum and maximum investment of ₹2,24,000.
- SHNI (Min): Minimum investment of ₹3,36,000.
- SHNI (Max): Maximum investment of ₹8,96,000.
- B-HNI Min: Minimum investment of ₹10,08,000.
KVS Castings IPO’s Subscription Duration
KVS Castings IPO was started for subscription on September 26, 2025, and closed on September 30, 2025. The KVS Castings IPO’s allotment date was October 1 2025, 2025, and they received a refund on October 3, 2025. In contrast, KVS Castings’ listing date is scheduled for October 6, 2025.
KVS Castings IPO funds deployment
A portion of IPO money would be utilised for the Capital Expenditures.
A portion of the IPO money will be used for the General Corporate Purpose.
About KVS Castings Company
KVS Castings Limited, established in 2005, manufactures cast iron, SG iron, alloy steel, and stainless steel castings. The company specializes in parts for the automobile, locomotive, and engineering industries, focusing on innovation and quality.
The company has a major vision to be a reliable and great company for the consumers, employees, and communities through innovation and quality work. The company has unique competitive strengths, such as a diverse consumer base, a diversified Product Portfolio, and a dedicated and Experienced Workforce. Moreover, the company is going to launch an IPO, which might be beneficial for the company and the investors’ growth.
