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K. V. Toys IPO
Price Band
₹227.0–239.0
Issue Size
₹40.15 Cr
Lot Size
600 shares
Min Investment
₹286,800
2 LOTS MIN
GMP
+₹129.0 (53.97%)
Issue Price
₹239.0
Subject to Sauda
₹58800
Paid only if allotted
K. V. Toys IPO AI Summary
- K. V. Toys IPO is listed on BSE SME in the Leisure Products sector.
- Price band: ₹227.0–₹239.0 per share, lot size 600 shares (min. investment ₹286,800, 2 lots minimum).
- Subscription window: 08 Dec–10 Dec 2025, listing on 15 Dec 2025.
- Current GMP is +₹129.0 (53.97%), an estimated listing price of ₹368 — unofficial and can change daily.
K. V. Toys India Ltd. is poised to enter the market with a diverse range of toys and a solid manufacturing model. The IPO aims to raise ₹40.15 Cr to support working capital and repay debts. With a positive GMP indicating strong market interest, investors should carefully consider the company's financial health and market position.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
K. V. Toys IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 10 Dec 2025 — not a current signal.
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Subscription data unavailable
K. V. Toys IPO Grey Market Premium (GMP) Today
GMP
+₹129.0
GMP %
+53.97%
Est. Listing
₹368.0
Updated: 25 Jul 2026 14:15
About the Company
Incorporated in 2009, K. V. Toys India Ltd. is engaged in the business of contract manufacturing and sale of plastic-moulded and metal-based toys for children, covering both educational and recreational segments. The company's diversified product portfolio includes friction-powered toys, soft bullet guns, ABS (Acrylonitrile Butadiene Styrene) toys, pullback toys, battery-operated and electronic toys, press-and-go toys, die-cast metal vehicles, bubble toys, dolls, and other play-based products. The company market several proprietary brands such as Alia & Olivia (doll range), Yes Motors (die-cast car range), Funny Bubbles (bubble toys), and Thunder Strike (soft bullet guns), each catering to specific segments of the children’s toy market. The company operate on a contract manufacturing model through exclusive partnerships with 11 OEM’s facilities strategically located across India. Competitive Strengths: Diverse Product Portfolio Catering to All Age Groups of Children Localized OEM-Based Manufacturing with Quality Compliance Strong In-House Design and Packaging Capabilities Asset-Light Manufacturing Model with Integrated Supply Chain Control Superior Quality at Competitive Prices
Company Financials (₹ Cr)
As of 2025-09-30
| Period Ended | 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 | 9.09 | -0.01 |
| Reserves and Surplus | 8.54 | 4.49 | -0.11 |
| Total Borrowing | 25.57 | 44.03 | 9.17 |
Key Ratios
EPS
₹9.98
P/B Value
12.14
P/E Ratio
23.94
Market Cap
₹150.09 Cr
PAT Margin
-0.50%
Peer Comparison
| Company | NAV | RoNW | EPS Basic | EPS Diluted |
|---|---|---|---|---|
| Ok Play India Limited | 4.43 | -0.52% | -0.02 | -0.02 |
| K. V. Toys India Ltd. This IPO | 19.75 | 50.55% | 9.98 | 9.98 |
Promoters
Karan Narang, Vishal Narang, Namita Narang, Ayush Jain and Yash Jain
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Funding working capital requirements of the Company 20.92 2 Repayment/prepayment of all or certain of the borrowings availed of by the Company 11.70 3 General Corporate Purposes 4.17 4 Issue Expenses 3.32 Total 40.11
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total income was ₹85.60 Cr in the period ending 31 Mar 2025, though it decreased to ₹80.90 Cr by the period ending 30 Sep 2025. This indicates a decline in revenue over this period.
Profit Trend
Profit After Tax was ₹4.59 Cr for the period ending 31 Mar 2025, and it slightly decreased to ₹4.06 Cr by the period ending 30 Sep 2025. This shows a small decline in profitability.
Valuation
K. V. Toys has an EPS of ₹9.98, which implies a P/E ratio of approximately 23.94 at the issue price. This is compared to peers with a NAV of ₹4.43 and a RoNW of -0.52%.
Grey Market Premium, Explained
The Grey Market Premium (GMP) indicates the expected listing price of an IPO compared to its issue price, based on unofficial trading before the IPO's official listing. A positive GMP suggests that investors anticipate a higher listing price, while a negative GMP indicates the opposite.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term investment horizon typically weigh IPOs like this against their overall portfolio strategy and market conditions. It's essential to consider the company's fundamentals and growth potential.
Who May Want to Wait
Investors who prefer stable investments with lower risk profiles may want to avoid IPOs like this, especially if they are concerned about the company's profitability and market competition.
IPO Timeline, Explained
The IPO opens on 8 December 2025 and closes on 10 December 2025, with allotment scheduled for 11 December 2025 and listing on 15 December 2025.
Listing Gains — The Risk
Listing-day gains can be unpredictable. While some IPOs may see a surge in price upon listing, others may not perform as expected. Investors should be aware of the risks involved and consider their investment strategy before participating.
This evaluation is generated from K. V. Toys's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is K. V. Toys IPO GMP today?
K. V. Toys IPO GMP today is +₹129.0 (53.97%), indicating an estimated listing price of ₹368. GMP is an unofficial grey-market indicator and can change daily.
What is the price band of K. V. Toys IPO?
The price band of K. V. Toys IPO is ₹227.0–₹239.0 per share.
When does K. V. Toys IPO open and close?
K. V. Toys IPO opens on 08 December 2025 and closes on 10 December 2025.
When does K. V. Toys IPO list on the stock exchange?
K. V. Toys IPO listed on 15 December 2025 at ₹368.0.
What is the lot size for K. V. Toys IPO?
The lot size for K. V. Toys IPO is 600 shares, requiring a minimum investment of ₹286,800 (2 lots).
What is the price band for K. V. Toys IPO?
The price band for K. V. Toys IPO is ₹227.0 to ₹239.0.
What is the lot size for K. V. Toys IPO?
The lot size for K. V. Toys IPO is 600 shares.
What is the minimum investment required for K. V. Toys IPO?
The minimum investment required for K. V. Toys IPO is ₹286,800.
When is the listing date for K. V. Toys IPO?
The listing date for K. V. Toys IPO is 15 December 2025.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected listing price of an IPO compared to its issue price.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
08 Dec 2025
Close
10 Dec 2025
Allotment
11 Dec 2025
Listing
15 Dec 2025
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