Luxury Time IPO...
02 Dec, 2025
K. V. Toys India IPO
K. V. Toys India will launch its book build issue of ₹40.15 crores that opens for subscription on December 8, 2025 and closes on December 10, 2025. The K. V. Toys India IPO will include a fresh issue of 0.17 crore shares of ₹40.15 crore.
The Market Maker of the company is Giriraj Stock Broking Pvt. Ltd. Purva Sharegistry (India) Pvt. Ltd. is the registrar of the issue and GYR Capital Advisors Pvt. Ltd. is the book running lead manager. Allotment for the K. V. Toys India IPO is likely to be finalized on December 11, 2025 and the IPO will be listed on BSE SME.
Company Background
Formerly known as KV Impex, K. V. Toys India Limited was incorporated in 2009. The company has grown into a reputed wholesaler and manufacturer of educational and recreational toys in India. The diversified product portfolio of K. V. Toys India Limited includes ABS (Acrylonitrile Butadiene Styrene) toys, pullback toys, friction-powered toys, soft bullet guns, battery-operated and electronic toys, press-and-go toys, die-cast metal vehicles, bubble toys, dolls and other play-based products.
The company markets many proprietary brands such as Thunder Strike (soft bullet guns), Funny Bubbles (bubble toys), Alia & Olivia (doll range), Yes Motors (die-cast car range) and more.
Operations & Product Range
K. V. Toys India specializes in the contract manufacturing and sale of plastic-moulded and metal-based toys, covering both recreational and educational segments. The company’s diverse product portfolio includes friction-powered toys, soft bullet guns, ABS toys, pullback toys, battery-operated and electronic toys, press-and-go toys, die-cast metal vehicles, bubble toys, dolls and various play-based products.
Their brands include Alia & Olivia (dolls), Yes Motors (die-cast cars), Funny Bubbles (bubble toys) and Thunder Strike (soft bullet guns), each catering to specific segments of the children’s toy market.
Revenue Channels
The company primarily derives its revenue through a blend of retail, import and wholesale operations. K. V. Toys India leverages a robust distribution network with more than 2,000 general trade buyers and strong relationships with more than 30 modern retail chains, ensuring broad market reach across India. The asset-light manufacturing model of the company, which relies on exclusive partnerships with 11 OEMs, allows for efficient production and timely delivery of products to customers.
Management & Shareholding
The company promoters include Karan Narang, Vishal Narang, Namita Narang, Ayush Jain and Yash Jain.
WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
K. V. Toys India IPO
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| - | - | - | - |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
K. V. Toys India IPO Details
| Detail | Description |
|---|---|
| IPO Date | December 8, 2025, to December 10, 2025 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Issue Price Band | ₹227 to ₹239 per share |
| Lot Size | 600 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 16,80,000 shares (aggregating up to ₹40.15 Cr) |
| Reserved for Market Maker | 1,00,800 shares (aggregating up to ₹2.41 Cr) Giriraj Stock Broking Pvt. Ltd. |
| Net Offered to Public | 15,79,200 shares (aggregating up to ₹37.74 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 46,00,000 shares |
| Share Holding Post Issue | 62,80,000 shares |
K. V. Toys India IPO Timeline
| Detail | Description |
|---|---|
| IPO Open Date | December 8, 2025 |
| IPO Close Date | December 10, 2025 |
| Tentative Allotment | December 11, 2025 |
| Initiation of Refunds | December 11, 2025 |
| Credit of Shares to Demat | December 12, 2025 |
| Tentative Listing Date | December 15, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Wednesday, December 10, 2025 |
K. V. Toys India IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 1,200 | ₹2,86,800 |
| Individual investors (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 |
K. V. Toys India IPO Promoter Holding
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| Promoter Holding Pre Issue | 79.65% |
| Promoter Holding Post Issue | 58.35% |
Competitive Strength:
- • Strong brand portfolio with multiple proprietary toy brands
- • Asset-light, contract manufacturing model for efficient operations
- • Extensive distribution network across India
- • Focus on quality and safety in product design
- • Wide product range catering to varied age groups and interests
- • Timely delivery and customer satisfaction
- • Experienced management and promoter-led shareholding
K. V. Toys India IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Total Borrowing | |||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 30 Sep 2025 | 57.46 | 80.90 | 4.06 | 13.14 | 25.57 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2025 | 48.53 | 85.60 | 4.59 | 16.86 | 44.03 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2024 | 9.17 | - | -0.11 | -0.01 | 9.17 | |||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 15.51% |
| ROCE | 5.69% |
| Debt/Equity | 2.63 |
| RoNW | 14.48% |
| EBITDA Margin | 8.42% |
| Price to Book Value | 12.14 |
| Market Capitalization | ₹150.09 Cr. |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 9.98 | 12.91 |
| P/E (x) | 23.94 | 18.51 |
K. V. Toys India IPO Objectives
The company proposes to utilize ₹20.92 crores for funding working capital requirements of the company, ₹11.70 crores for repayment/prepayment of all or certain of the borrowings availed of by the company and general corporate purposes.
Conclusion
K. V. Toys India IPO will launch its book build issue of ₹40.15 crores that opens for subscription on December 8, 2025 and closes on December 10, 2025. The K. V. Toys India IPO will include a fresh issue of 0.17 crore shares of ₹40.15 crore.
K. V. Toys India specializes in the contract manufacturing and sale of plastic-moulded and metal-based toys, covering both recreational and educational segments. The company’s diverse product portfolio includes friction-powered toys, soft bullet guns, ABS toys, pullback toys, battery-operated and electronic toys, press-and-go toys, die-cast metal vehicles, bubble toys, dolls and various play-based products.
Their brands include Alia & Olivia (dolls), Yes Motors (die-cast cars), Funny Bubbles (bubble toys) and Thunder Strike (soft bullet guns), each catering to specific segments of the children’s toy market.
Allotment for the K. V. Toys India IPO is likely to be finalized on December 11, 2025 and the IPO will be listed on BSE SME.
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Frequently asked Questions (FAQs )
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Q1: When does the K. V. Toys India IPO open and close?
The K. V. Toys India IPO opens for subscription for the general public on December 8, 2025 and closes on December 10, 2025
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Q2: What is the total size of the K. V. Toys India IPO?
The K. V. Toys India IPO issue is purely a fresh issue of 0.17 crore shares of ₹40.15 crore.
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Q3: Where will the K. V. Toys India IPO be listed?
The K. V. Toys India IPO would get listed on the BSE SME.
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Q4: What are the primary objectives for K. V. Toys India IPO proceeds?
The company proposes to utilize ₹20.92 crores for funding working capital requirements of the company, ₹11.70 crores for repayment/prepayment of all or certain of the borrowings availed of by the company and general corporate purposes.
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