K. V. Toys India IPO Price, GMP, Analysis, And Details

K. V. Toys India IPO- Company Analysis

K. V. Toys India IPO under the SME IPO category is a book build issue of Rs. 40.15 Cr by K. V. Toys India Limited and is involved in the contract production and marketing of children's toys made of metal and plastic that are used for both recreational and educational purposes.

Friction-powered toys, soft bullet guns, ABS (Acrylonitrile Butadiene Styrene) toys, pullback toys, electronic and battery-operated toys, press-and-go toys, die-cast metal cars, bubble toys, dolls and other play-based items are all part of the company's diverse product line.

The company sells several proprietary brands that target different parts of the children's toy industry, including Funny Bubbles (bubble toys), Alia & Olivia (doll range), Yes Motors (die-cast car range), and Thunder Strike (soft bullet guns).

K. V. Toys India IPO Details

The K. V. Toys India IPO date of opening is 08 December 2025, its initial public offering will end on 10 Dec, IPO allotment expected on Dec 11 and refund initiation on Dec 12, 2025.

The Rs. 40.15 crore new SME IPO comprises a wholly fresh issue of 0.17 crore shares.

The K. V. Toys India IPO listing date (expected) might be on Monday, Dec 15, 2025, and listing at the BSE and SME. 

The K. V. Toys India IPO price band is Rs. 227 to Rs. 239.

IPO Timetable (Tentative)

Events	Date
IPO Opening Date	Dec 08, 2025
IPO Closing Date	Dec 10, 2025
IPO Allotment Date	Dec 11, 2025
Refund Initiation	Dec 12, 2025
IPO Listing Date	Dec 15, 2025

 

Click to open demat account and apply for the IPO.

 

 

Company Financials (Restated Consolidated)

(Amount in Cr)

Particulars	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
Reserves & Surplus	8.54	4.49	-0.11
Total Borrowing	25.57	44.03	9.17

 

Cash Flows

(Amount in lac)

Net Cash Flow	Feb 01, 2025 – Mar 31, 2025	Jan 31, 2025	Apr 04, 2023 – Mar 31, 2024
Net Cash Flow Operating Activities	(355.25)	(1,563.43)	(13.51)
Net Cash Flow Investing Activities	178.63	(3.70)	(890.00)
Net Cash Flow Financing Activities	358.12	1,548.10	926.61

 

Revenue Bifurcation

(Rs. in Lac)

(Source: RHP)

The Objective of the Issue

The company desires to use the Net Proceeds from the Issue to fulfill its following goals:

• Funding the working capital requirements of the company. ~ Rs. 20.92 Cr.

• Repayment/prepayment of all or certain of the borrowings availed of by the Company. ~ Rs. 11.70 Cr.

• General corporate purposes. 

 

Listed Peers of K. V. Toys India Ltd.

Company Name	Face Value (Rs. )	EPS (Rs. )	P/E Ratio (x)
OK Play India Limited	10	(0.02)	NA

 

 

Evaluation of P/E Ratio

Considering the period ended on FY 2025 with an EPS of Rs. 9.98 from the last year, the resulting P/E ratio is 23.94x.

Explore the Luxury Time IPO.

IPO's Strengths

• A wide range of products serving children of all ages, localized OEM-based production with quality compliance.

•  Excellent internal design and packaging skills.

•  Supply chain control integrated with an asset-light manufacturing model.

•  Excellent quality at reasonable prices.

IPO’s Weaknesses

• Much of the raw materials that KV Toys uses, molds and finished products are imported by foreign suppliers most of whom are in China. Such delays as currency fluctuations, shipping delays, or import restrictions might affect immediately production, pricing and delivery schedules.

•  KV Toys should never compromise on the requirement of BIS certification, quality control and child-safety due to the strict safety regulation of toys in India and other parts of the world.

• The Indian toy business is dominated by a large number of unorganized, cheap, and foreign brands.

K. V. Toys India IPO GMP (Grey Market Premium)

K. V. Toys India IPO GMP today is Rs. 75 as of 06 Dec 2025 while writing this information. With a price band set at Rs. 239, suggests that the estimated listing price of the IPO could be around Rs. 314, indicating a gain/loss of 31.38%.

K. V. Toys India IPO Summary

IPO Opening & Closing Date	08 Dec, 2025 to 10 Dec, 2025
Face Value	Rs. 10 per Share
Issue Price	227 to Rs. 239 per Share.
Lot Size	600 Shares
Issue Size	16,80,000 Shares (Rs. 40.15 Cr)
Offer for Sale	-
Fresh Issue	16,80,000 Shares (Rs. 40.15 Cr)
Listing at	BSE, SME
Issue Type	Book build issue IPO
Registrar	Purva Sharegistry (India) Pvt. Ltd.

IPO Lot Details 

Retail investors can invest in a minimum of 2 Lots (1200 Shares) for Rs. 2,86,800, and in multiples thereof, while S-HNI investors can invest in a minimum of 3 Lots (1800 Shares) for Rs. 4,30,200.

Minimum Lot Investment (Retail)	2 Lots
Maximum Lot Investment (Retail)	2 Lots
S-HNI (Min)	3 Lots

 

K. V. Toys India IPO Allotment Status

To check the K. V. Toys India IPO Allotment Status, visit the official Registrar’s website or BSE website. Below are the website links for you.

Using BSE Website - ​BSE IPO allotment status

Promoters And Management of K. V. Toys India Ltd.

• Mr. Karan Narang

• Mr. Vishal Narang

• Ms. Namita Narang

• Mr. Ayush Jain

• Mr. Yash Jain.

Pre-Issue Promoter Shareholding	79.65%
Post-Issue Promoter Shareholding	58.35%

 

IPO Lead Managers

• GYR Capital Advisors Pvt. Ltd.
  
  

Dividend Policy

The company has not paid a dividend since its inception.

 

 

 Conclusion

With a broad product line and robust OEM-based operations, the K. V. Toys India IPO exposes investors to a developing toy market. Although the company's profitability and brand recognition are rising, margins may be impacted by its strong reliance on imports and fierce industry competition. Before making a choice, investors should consider IPO pricing, financial stability and growth visibility.  

 

Finowings IPO Analysis

Hope you enjoyed the Finowings IPO Analysis. We tried our best to give every required detail about the company that you should know before applying to the IPO. 

You must consult your financial advisor before making any financial decisions. 

To Apply for the IPO, Click Here.

To Read the Prospectus of the Company Click Here to Download the DRHP.

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DISCLAIMER: This blog is NOT any buy or sell recommendation. No investment or trading advice is given. The content is purely for educational and information purposes only. Always consult your eligible financial advisor for investment-related decisions.