KVS Castings Limited IPO
KVS Castings Limited, originally established as a partnership firm “Kashi Enterprises” in 2005. It is part of the KVS Premier Group and specializes in manufacturing high-quality ferrous castings, including cast iron and ductile iron products, serving diverse industrial sectors.
Business Operations
The company offers comprehensive casting solutions under one roof with a portfolio of over 150 products, ranging from automotive components to railway parts, agricultural machinery castings, and heavy machinery. It caters to industries including automobiles, railways, heavy machinery, energy, infrastructure, and agricultural machinery.
Product Portfolio
1. Automobile Products: Precision-engineered castings for engine components, transmission systems, chassis parts, and brake systems for two-wheelers, passenger cars, commercial vehicles, and electric buses. Key products include gear shifters, oil filters, brake drums, alternator brackets, PTO housings, steering housings, suspension brackets, and water pump components.
2. Railway Products: Castings for critical railway components such as air brake system assemblies, bogie frames, buffers, control chambers, and shock-absorbing system components.
3. Agricultural/Farm Machinery Products: Castings for tractor braking systems, PTO housings, engine manifolds, transmission bearing housings, and water pump components, enhancing efficiency in farm operations.
4. Heavy Engineering & Energy Products: Robust castings for construction machinery, rolling mills, turbines, generators, and power plant components, ensuring durability in demanding environments.
Competitive Strengths
i) Diversified Customer Base: Long-standing relationships with OEMs and Tier-1 clients across automotive, railways, tractors, and off-highway vehicles.
ii) Comprehensive Product Portfolio: Capability to produce over 150 casting products across various grades and sizes, with production flexibility from 50 to 90,000 parts per month.
iii) Strategic Location: Manufacturing plant in Kashipur, near key automotive hubs, ensuring reliable raw material supply and easy distribution.
iv) In-House Tooling and Machining: Advanced CAD/CAM/CAE facilities, CNC and VMC machines for rapid tooling, high-quality production, and cost efficiency.
v) Experienced Workforce: Skilled management and technical team with deep expertise in foundry and casting processes, supporting consistent growth and product quality.
KVS Castings Limited combines a strong technical foundation, diversified product offerings, strategic operational capabilities, and a robust customer base to maintain a leadership position in the casting industry across multiple sectors in India.
Objects of the KVS Castings Limited IPO:
KVS Castings Limited IPO Details:
Open Date: | Sep 26 2025 |
Close Date: | Sep 30 2025 |
Total Shares: | 49,70,000 |
Face Value: | ₹ 10 Per Equity Share |
Issue Type: | Book Building |
Issue Size: | 27.83 Cr. |
Lot Size: | 2000 Shares |
Issue Price: | ₹ 53-56 Per Equity Share |
Listing At: | BSE SME |
Listing Date: | Oct 06 2025 |
Promoters And Management:
Financials of KVS Castings Limited IPO:
Particulars | FY2024-2025 | FY 2023-2024 | FY 2022-2023 |
Revenue from Operations | 50.10 | 54.15 | 57.26 |
EBITDA | 9.84 | 9 | 7.51 |
EBITDA Margins | 19.65% | 16.62% | 13.12% |
PAT | 6.62 | 5.95 | 4.85 |
PAT Margins | 13.21% | 10.99% | 8.47% |
ROCE | 23.78% | 31.64% | 30.66% |
Debt to Equity Ratio(In Times) | 0.11 | 0.02 | 0.25 |
Operating Cash Flows | 10.53 | 5.11 | 3.23 |
Comparison With Peers:
Companies | Revenue (in cr) | EBITDA Margins | PAT Margins | ROCE | D/E Ratio | MCap (in cr) | P/E |
KVS Castings Limited | 50.10 | 19.65% | 13.21% | 23.78% | 0.11 | 105.01 | 15.86 |
Universal Auto Foundry Limited | 193 | 9% | 1.04% | 5.69% | 0.7 | 85 | 43.2 |
Thaai Casting Limited | 122 | 24% | 9.84% | 15.60% | 1.12 | 273 | 24.7 |
Lead Manager of KVS Castings Limited IPO:
Registrar of KVS Castings Limited IPO:
Discussion on KVS Castings Limited IPO:
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