Incorporated in 2009, K. V. Toys India Ltd. is a contract manufacturer and seller of plastic-moulded and metal-based toys covering educational and recreational segments. Product mix includes friction toys, ABS toys, die-cast vehicles, electronic toys, bubble toys and branded ranges like Alia & Olivia, Yes Motors, Funny Bubbles and Thunder Strike. The company uses an asset-light OEM model with partnerships across 11 OEM facilities in India and focuses on design, packaging and competitive pricing.
K. V. Toys India IPO
| Face Value | ₹10 per share |
|---|---|
| Issue Type | Book-building (Fresh Issue) |
| Total Shares Offered | 16,80,000 shares (Fresh issue) |
| Market Maker | Giriraj Stock Broking Pvt. Ltd. (Reserved 1,00,800 shares) |
| Net Offered to Public | 15,79,200 shares (≈₹37.74 Cr at upper band) |
| Registrar | Purva Sharegistry (India) Pvt. Ltd. |
| Category | Shares Offered | % of Issue |
|---|---|---|
| Market Maker | 1,00,800 | 6.00% |
| QIB | 7,80,600 | 46.46% |
| NII (HNI) | 2,39,400 | 14.25% |
| Retail (RII) | 5,59,200 | 33.29% |
Anchor portion: 4,68,000 shares (Anchor bid date: Dec 5, 2025; Anchor amount ≈ ₹11.19 Cr). Anchor shares locked-in: 50% for 30 days, remaining 50% for 90 days.
| IPO Open Date | Mon, Dec 8, 2025 |
|---|---|
| IPO Close Date | Wed, Dec 10, 2025 |
| Tentative Allotment | Thu, Dec 11, 2025 |
| Initiation of Refunds | Fri, Dec 12, 2025 |
| Credit to Demat | Fri, Dec 12, 2025 |
| Tentative Listing Date | Mon, Dec 15, 2025 |
| UPI Mandate Cut-off | 5 PM on Wed, Dec 10, 2025 |
| Application Type | Lots | Shares | Amount (₹) — at ₹239 |
|---|---|---|---|
| Retail (Min) | 2 | 1,200 | ₹2,86,800 |
| Retail (Max) | 2 | 1,200 | ₹2,86,800 |
| S-HNI (Min) | 3 | 1,800 | ₹4,30,200 |
| S-HNI (Max) | 6 | 3,600 | ₹8,60,400 |
| B-HNI (Min) | 7 | 4,200 | ₹10,03,800 |
Retail bidding limit = ₹2 Lakh per application (cut-offs apply for some categories). Check RHP for precise bidding rules.
Incorporated in 2009, K. V. Toys India Ltd. is a contract manufacturer and seller of plastic-moulded and metal-based toys covering educational and recreational segments. Product mix includes friction toys, ABS toys, die-cast vehicles, electronic toys, bubble toys and branded ranges like Alia & Olivia, Yes Motors, Funny Bubbles and Thunder Strike. The company uses an asset-light OEM model with partnerships across 11 OEM facilities in India and focuses on design, packaging and competitive pricing.
| Period | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 57.46 | 48.53 | 9.17 |
| Total Income | 80.90 | 85.60 | – |
| Profit After Tax | 4.06 | 4.59 | -0.11 |
| EBITDA | 6.10 | 6.36 | -0.14 |
| Net Worth | 13.14 | 16.86 | -0.01 |
| Total Borrowing | 25.57 | 44.03 | 9.17 |
| Pre IPO EPS | ₹9.98 |
|---|---|
| Post IPO EPS | ₹12.91 |
| Pre IPO P/E | 23.94x |
| Post IPO P/E | 18.51x |
All figures restated as per RHP. Investors should read the full RHP for accounting notes and adjustments.
| S.No | Purpose | Amount (₹ Crore) |
|---|---|---|
| 1 | Funding working capital requirements | 20.92 |
| 2 | Repayment / prepayment of borrowings | 11.70 |
| 3 | General corporate purposes | – |
K. V. Toys India Ltd.
Office No. 1508, 15th Floor, Solus Business Park, Building Hiranandani Estate, Ghodbunder Road, Thane, Maharashtra, 400607
Phone: +91-89768 23566 | Email: cs@kvtoysindia.com | Website: https://kvtoys.com/
Registrar: Purva Sharegistry (India) Pvt. Ltd.
Phone: +91-022-23018261 / 23016761 | Email: newissue@purvashare.com | https://www.purvashare.com/investor-service/ipo-query
Observations: K. V. Toys shows recovery from prior loss, steady income, and positive PAT in FY25/H1 FY26. Post-IPO EPS improves and P/E looks reasonable versus growth — however, leverage (borrowings) and working capital needs are material (major object is working capital & debt repayment). Suitable for investors who back mid-term domestic play in contract toy manufacturing; read the RHP and consider balance-sheet risks before subscribing.
This is informational only — not investment advice. Consult a financial advisor before investing.