K. V. Toys India came to market through an SME IPO that opened on 8 December 2025 and closed on 10 December 2025, and the shares listed on 15 December 2025 on BSE SME. The price band was ₹227 to ₹239 per share and one lot was 600 shares, so the minimum application was ₹1,43,400. The issue size was ₹40.15 crore. The whole issue was fresh shares, so the money raised went to the company.
Purva Sharegistry (India) Pvt.Ltd was the registrar to the issue, and GYR Capital Advisors Pvt.Ltd was the lead manager.
As of 10 December 2025.
| Day |
|---|
| 1 |
| 2 |
| 3 |
Incorporated in 2009, K. V. Toys India Ltd. is a company involved in the business of contract manufacturing and sale of plastic-moulded and metal-based toys for children, both educational and recreational.
Product lines include friction 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 other related products that are designed for play.The company markets several proprietary brands like Alia & Olivia for the doll range, Yes Motors for the die-cast car range, Funny Bubbles for bubble toys, and Thunder Strike for soft bullet guns, each catering to segments within the children's toy market.
The company operates on a contract manufacturing model through exclusive partnerships with 11 OEMs facilities that are strategically located across India.
As described in the offer document.
| Metric | 30-Sep-25 | 31-Mar-25 | 31-Mar-24 |
|---|
Mr. Karan Narang, Mr. Vishal Narang, Ms. Namita Narang, Mr. Ayush Jain, Mr. Yash Jain. Promoter holding 79.65% before the issue and 58.35% after.
Work out the listing gain for this SME IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
K. V. Toys India IPO was a ₹40.15 crore book-built issue, made up entirely of a fresh issue. It was priced at ₹227–₹239 per share with a lot size of 600 shares; the minimum retail application was 1,200 shares (₹2,86,800). The IPO was open from December 8 to December 10, 2025 and was subscribed 352.72x. Shares listed on BSE SME on December 15, 2025 at ₹320, a 33.9% premium to the issue price of ₹239. Purva Sharegistry (India) Pvt. Ltd.
is the registrar. GYR Capital Advisors Pvt. Ltd. is the book running lead manager.
The price band of K. V. Toys India IPO is ₹227 to ₹239 per share.
The lot size of K. V. Toys India IPO is 600 shares.
The minimum investment for K. V. Toys India IPO is approximately ₹2,86,800 based on the upper price band.
The allotment date of K. V. Toys India IPO is Dec 11, 2025.
K. V. Toys India IPO's final recorded GMP before listing was ₹130 per share (a 54% premium over the ₹239 upper price band). The shares listed at ₹320. GMP is unofficial and does not forecast or guarantee the actual listing price.
You can check K. V. Toys India IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the K. V. Toys India IPO allotment status on Rupix for quick and easy access.
₹227 to ₹239 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 600 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,43,400. After listing, SME shares also trade in lots rather than one share at a time.
₹1,43,400, for one lot of 600 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 8 December 2025 and closed on 10 December 2025.
The basis of allotment was published on 11 December 2025 by Purva Sharegistry (India) Pvt.Ltd, and allotted shares were credited to demat accounts before listing.
The shares listed on 15 December 2025 on BSE SME.
The issue size was ₹40.15 crore. The fresh issue was 16,80,000 shares (aggregating up to ₹40.15 crore).