KV Toys India Limited launches IPO to raise funds for expansion and growth 16.80 lakh equity shares on offer; price band set at ₹227–₹239; listing expected on BSE SME from December 15
- MimTimes मिम टाइम्स م ٹائمز
- 3 days ago
- 2 min read
8 December 2025
Mumbai (MimTimes)
KV Toys India Limited, engaged in the contract manufacturing and sale of educational and recreational toys made from plastic and metal, has announced its Initial Public Offering (IPO). The IPO comprises a fresh issue of 16,80,000 equity shares with a face value of ₹10 each. The company plans to utilize the proceeds for expansion initiatives and to meet its working capital requirements.
The IPO for anchor investors will remain open until 10 December 2025.
Key Details
• Price Band: ₹227 to ₹239 per equity share
• Issue Size: 16,80,000 equity shares, aggregating up to ₹40.15 crore at the upper price band
• Lot Size: 1,200 equity shares, with subsequent bids in multiples of 600 shares
• Listing: Proposed to be listed on the BSE SME platform; tentative listing date is 15 December 2025
• Allotment: Basis of allotment expected to be finalized on 11 December 2025
Utilization of Net Proceeds
Funds raised through the IPO will be allocated as follows:
• Working capital requirements: Up to ₹2,091.80 lakh
• Full or partial repayment of borrowings: Up to ₹1,169.82 lakh
Company Overview
KV Toys India Limited, incorporated in 2023 and previously operating as KV Impex since 2009, holds a significant presence in the manufacturing and distribution of educational and entertainment-based toys for children.
• The company aligns with the ‘Make in India’ initiative, aiming to promote domestic toy manufacturing and reduce dependence on imports.
• It offers a diverse portfolio of over 700 active SKUs.
• KV Toys owns five in-house brands, including Alia & Olivia (dolls), Yes Motors (die-cast vehicles), Funny Bubbles (bubble toys), and Thunder Strike (soft bullet guns).
• Manufacturing is carried out through 11 OEM partners across India, along with an in-house facility in Bhiwandi, Maharashtra for assembly, packaging, and distribution.
• The company has a strong pan-India presence and has recently entered international markets with exports to Germany. All products are BIS certified.
Financial Performance
KV Group has recorded consistent financial growth over recent years:
• Revenue: ₹27,395.12 lakh in FY 2023; ₹28,162.82 lakh in FY 2024; and ₹12,600.99 lakh in FY 2025
• Profit After Tax (PAT): ₹201.06 lakh in FY 2023; ₹308.43 lakh in FY 2024; ₹564.38 lakh in FY 2025; and ₹405.50 lakh for the six months ending 30 September 2025
KV Toys India Limited filed its Red Herring Prospectus (RHP) with the BSE SME on 1 December 2025. Investors are advised to carefully review the RHP, particularly the “Risk Factors” section, before making any investment decisions.