K. V. Toys India IPO – Key Details

5. IPO Dates: Opens 8 December 2025, closes 10 December 2025
5. Allotment: 11 December 2025; Refunds/Credit to Demat: 12 December 2025
5. Listing Date: 15 December 2025 (SME platform)
5. Lot Size: 1,200 shares
5. Minimum Retail Investment: ₹2,86,800 (1 lot)
5. Promoter Holding: 79.65% pre-issue, 58.35% post-issue
5. Lead Manager: GYR Capital Advisors Pvt. Ltd.
5. IPO Type: SME IPO (Book-built)
5. Registrar: Purva Sharegistry (India) Pvt. Ltd.

Business Snapshot

K. V. Toys India is engaged in the business of trading and distribution of toys and kids’ products across multiple formats and channels. The company sources toys from domestic and overseas manufacturers and supplies to retailers, wholesalers and modern trade, playing in a segment that benefits from rising disposable incomes and growing demand for branded toys.

Company Financials :-

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	16.86	-0.01
Reserves and Surplus	8.54	4.49	-0.11
Total Borrowing	25.57	44.03	9.17
Amount in ₹ Crore

IPO Reservation

K. V. Toys India IPO offers total 16,80,000 shares. Out of which 7,80,600 (46.46%) allocated to QIB, 3,12,600 (18.61%) allocated to QIB (Ex- Anchor), 2,39,400 (14.25%) allocated to NII 5,59,200 (33.29%) allocated to RII and 4,68,000 (27.86%) allocated to Anchor investors.

 IPO Lot Size

Investors can bid for a minimum of 1,200 shares and in multiples of 600 shares thereof.  The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.

Objective of the IPO :-

Net proceeds are planned for:

• Funding working capital requirements: ₹23.29 crore
• Repayment/prepayment of certain borrowings: ₹11.08 crore
• General corporate purposes​

This indicates a focus on balance sheet strengthening and supporting higher inventory/credit cycles as the toy business expands.

Key Strengths :-

• High RoNW and profitability (on a small base)
• Exposure to growing toys and kids’ segment
• Promoter skin in the game
• IPO use supports growth and de-leveraging
• First-mover flavour in listed toys trading niche

Key Risks :-

• Short financial track record at current scale
• Working capital–heavy B2B model
• Customer and supplier concentration risk
• Small scale and SME listing risks
• Category-specific and regulatory risks
• High minimum investment for retail

How To Apply for the IPO?

• Login or Open demat account with JM Financial Services / JM PRO app: Open the JM PRO app or JM Financial Services website and log in with your credentials. 
• Locate the IPO Section: Navigate to the 'IPO' section on the platform. 
• Select IPO: Find and select the IPO from the list of open IPOs. 
• Enter the Lot Size: Specify the number of lots you want to bid for. 
• Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application. 
• Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN. 

How To Check the Allotment Status of IPO?

Steps to check IPO allotment status on JM Pro app: 

• Log in to the JM Pro app. 
• Go to the IPO Section and then to IPO Orders. 
• Select the individual IPO that you had applied for and check the allotment status. 

JM Financial Services will notify you of your IPO allotment status via push notification and email

FAQs – K. V. Toys India IPO :-

Q1. What are the K. V. Toys India IPO dates and listing schedule?
The IPO opens on 8 December 2025 and closes on 10 December 2025. Allotment is scheduled for 11 December, refunds and demat credit on 12 December, and listing on 15 December 2025.

Q2. What is the lot size and minimum investment for retail investors?
The minimum lot size is 1,200 equity shares, requiring an application amount of ₹2,86,800 for retail investors.

Q3. How is the IPO reserved across investor categories?
As per SME norms, 50% of the net issue is for QIBs, 15% for NIIs and 35% for retail investors.

Q4. What will IPO proceeds be used for?
Primarily to fund working capital (₹23.29 crore), repay certain borrowings (₹11.08 crore), and for general corporate purposes.

Q5. How has the company performed financially?
In FY25, K. V. Toys India reported revenue of ₹85.60 crore and PAT of ₹4.56 crore, with a strong RoNW of 50.36% and EPS of ₹9.91, on a relatively small equity base.

Q6. Are there any listed peers?
The offer document lists Ok Play India Limited as a broad peer; however, it operates in a slightly different product mix. There are no exact listed peers in the same toys distribution niche.